-
Unconfirmed Rumors circulate that MEMC Electronic Materials Inc. (WFR) will be acquired by Samsung Corp at $19.00 a share
Tuesday, December 7, 2010 - 10:51am | 25Unconfirmed Rumors circulate that MEMC Electronic Materials Inc. (WFR) will be acquired by Samsung Corp at $19.00 a share..
-
EMCORE to Establish Suncore Joint Venture in China
Tuesday, December 7, 2010 - 9:27am | 69EMCORE Corporation (NASDAQ: EMKR) today announced it has entered into an investment and cooperation agreement with San'an Optoelectronics Company, Limited and Huainan municipal government. The Agreement calls for EMCORE and San'an to register and operate their previously announced joint venture,...
-
J.P. Morgan Meets With Rubicon Technology''s Management (RBCN)
Tuesday, December 7, 2010 - 9:11am | 126J.P. Morgan met with Rubicon Technology's (NASDAQ: RBCN) CEO, Raja Parvez, and CFO, Bill Weissman, for investor meetings in Europe this past week to discuss LED wafer pricing and demand for 2011. In a note to clients, J.P. Morgan writes, "Management feels confident about wafer pricing In 2011 given...
-
Photronics Reports Fourth Quarter EPS of $.14
Monday, December 6, 2010 - 5:35pm | 96Photronics, Inc. (NASDAQ: PLAB) today reported financial results for the fourth quarter and fiscal year ended October 31, 2010. Quarterly sales increase 16% year-over-year to $110 million; Annual sales up 18% EPS of $0.14 at mid-range of guidance on sales slightly below guidance High-end IC...
-
Monday's Put/Call Ratio Leaders (CLWR, SPWRB, CRZO, WFR, CIEN)
Monday, December 6, 2010 - 1:24pm | 91Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Clearwire (NASDAQ: CLWR) 17,227 puts, 465 calls 2. SunPower Corp. (NASDAQ: SPWRB) 6,564 puts, 207 calls 3. Carrizo Oil & Gas (NASDAQ: CRZO) 4,019 puts, 194 calls 4. MEMC...
-
Benzinga's Volume Movers (VRGY, RDWR, RMBS, OXPS)
Monday, December 6, 2010 - 1:00pm | 189Verigy Ltd (NASDAQ: VRGY) shares moved up 34.90% to $12.33 at 11:49 am. The volume of VRGY shares traded was 2838% higher than normal. VRGY Board has received an unsolicited offer from Advantest Corporation (NYSE: ATE) to purchase VRGY's remaining shares for $12.15 per share in cash. Radware Ltd (...
-
Options Brief: MEMC Electronic Materials (WFR)
Monday, December 6, 2010 - 12:24pm | 87Shares of MEMC Electronic Materials (NYSE: WFR) are higher on the session by 0.58%, trading at $11.95. Overall put volume is now running at 2.79x the daily average, with 25% of all puts traded being purchases on the offer. 10,807 contracts have traded on the session so far. MEMC Electronic...
-
SunPower Explores Opportunities in Italy - Analyst Blog
Monday, December 6, 2010 - 11:30am | 694SunPower Corp. (SPWRA) is steadily progressing with its Italian ventures, as evident from its deal with E.ON Climate and Renewables Italia Solar Srl as well as the financing agreements signed in Italy. The E.ON Deal SunPower recently entered into a deal to design and build a 3.4-megawatt...
-
SunPower Explores Opportunities in Italy - Analyst Blog
Monday, December 6, 2010 - 10:47am | 694SunPower Corp. (SPWRA) is steadily progressing with its Italian ventures, as evident from its deal with E.ON Climate and Renewables Italia Solar Srl as well as the financing agreements signed in Italy. The E.ON Deal SunPower recently entered into a deal to design and build a 3.4-megawatt...
-
Benzinga's Top Pre-Market NASDAQ Losers (LTXC, CISG, INVE, GOLD)
Monday, December 6, 2010 - 10:03am | 105LTX-Credence Corporation (NASDAQ: LTXC) tumbled 6.63% to $7.89 in the pre-market session. LTXC's trailing-twelve-month ROA is 4.26%. CNinsure Inc (NASDAQ: CISG) lost 6.17% to $15.75 in the pre-market session. CISG announced plans to repurchase US shares worth $100 million. Identive Group Inc (...
-
Novellus Downgraded to Hold at Stifel Nicolaus
Monday, December 6, 2010 - 9:59am | 28Novellus (NASDAQ: NVLS) is downgraded from Buy to Hold at Stifel Nicolaus. The analysts maintain the $32 price target on Novellus.
-
Benzinga's Top Pre-Market NASDAQ Gainers (VRGY, RDWR, NVMI, VVUS)
Monday, December 6, 2010 - 9:47am | 147Verigy Ltd (NASDAQ: VRGY) rose 32.60% to $12.12 in the pre-market session. VRGY Board has received an unsolicited offer from Advantest Corporation (NYSE: ATE) to purchase VRGY's remaining shares for $12.15 per share in cash. Radware Ltd (NASDAQ: RDWR) added 12.94% to $37 in pre-market trading. RDWR...
-
Top 4 Stocks In The Semiconductor-Broad Line Industry With The Lowest PEG Ratio (LDK, FORM, ONNN, AVGO)
Monday, December 6, 2010 - 5:57am | 118Below are the top semiconductor-broad line stocks on the NYSE and the NASDAQ in terms of PEG ratio. LDK Solar Co Inc (NYSE: LDK) has a PEG ratio of 0.30. LDK's quarterly earnings advanced 217.10% y/y. FormFactor Inc (NASDAQ: FORM) has a PEG ratio of 0.51. FORM had no debt in the latest quarter. ON...
-
Earnings Scheduled For December 6 (PLAB, PBY, REXI, DG)
Monday, December 6, 2010 - 5:31am | 118Photronics Inc (NASDAQ: PLAB) is expected to report its FQ4 EPS at $0.13 on revenue of $114.48 million. Pep Boys (NYSE: PBY) is projected to post its earnings at $0.08 per share on revenue of $487.47 million in the third quarter. Resource America Inc (NASDAQ: REXI) is likely to post its FQ4...
-
ReneSola Enters Oversold Territory - Tale of the Tape
Friday, December 3, 2010 - 11:30am | 109ReneSola Ltd.'s (SOL) share price has entered into oversold territory with a stochastic value of 14.89. The Zacks Consensus Estimate on the company's earnings for 2010 increased by 26 cents over the past month to $1.74 per share. ReneSola Ltd. is a Zacks #1 Rank (“Strong Buy”) company. RENESOLA LT-...