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Diodes Incorporated Updates Second Quarter 2011 Guidance
Friday, June 10, 2011 - 6:52am | 123Diodes Incorporated (Nasdaq: DIOD) today updated its guidance for the second quarter of 2011. The Company is maintaining its revenue guidance for the second quarter of 2011 as it anticipates revenue to range between $170 million and $178 million, an increase of 5 to 10 percent sequentially. The...
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Credit Suisse's Rating and Price Target Changes 6/10
Friday, June 10, 2011 - 6:50am | 362Credit Suisse made a number of rating and price target changes in a research report published today. Dollarama Inc. (DLMAF) was upgraded to Outperform from Neutral. At the same time, Credit Suisse raised its price target to C$37 from C$34. In the report, Credit Suisse states, "Management's...
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Bank of America Provides Color on Semiconductors Sector
Friday, June 10, 2011 - 6:34am | 168Bank of America provided color on the U.S. semiconductors sector. In a research report published today, Bank of America states, "While weakening macro data points (slowing IP momentum, weaker outlook for US GDP growth, Euro sovereign debt crisis, oil prices) could temper momentum in the near-...
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JP Morgan Raises PT On National Semiconductor To $25
Friday, June 10, 2011 - 6:15am | 27JP Morgan has raised the price target on National Semiconductor (NYSE: NSM) from $15 to $25 and maintains its Neutral rating.
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Credit Suisse Raises PT On National Semiconductor To $25
Friday, June 10, 2011 - 5:46am | 27Credit Suisse has raised the price target on National Semiconductor (NYSE: NSM) from $14 to $25 and maintains its Neutral rating.
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Stocks To Watch For June 10
Friday, June 10, 2011 - 12:31am | 249Some of the stocks that may grab investor focus today are: National Semiconductor Corp (NYSE: NSM) reported downbeat fiscal fourth-quarter profit. Its profit dropped to $67.1 million, or $0.26 per share, from $79.2 million, or $0.33 per share, in the year-ago quarter. The company's revenue...
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Blueshift Ideas Positive On ARM Holdings, Tablets As A Whole
Thursday, June 9, 2011 - 2:44pm | 283Blueshift Ideas is out with a series of tweets discussing the tablet market, and the winners and losers in the space. Blueshift, which is a boutique research firm that caters to hedge funds and institutional investors, said that Atmel Corporation (NASDAQ: ATML), Cypress Semiconductor (NYSE: CY),...
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S&P 500's Technology Sector Update 6/9/2011
Thursday, June 9, 2011 - 12:41pm | 253The Technology Sector is the one of the weakest areas of the S&P 500 in today's trading action, putting in a modest gain of 0.2%. The weakest names currently trading in that sector are: 1) Motorola Mobility Holdings (NYSE: MMI): Shares of Motorola Mobility are currently trading down 2.6% from...
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Spreadtrum Communications Acquired 48.44% Stake in MobilePeak Holdings for $32.58M
Thursday, June 9, 2011 - 12:20pm | 154Spreadtrum Communications, Inc. (NASDAQ: SPRD) today announced that it has acquired approximately 48.44% of the total outstanding shares of MobilePeak Holdings, Ltd. a privately held fabless semiconductor company based in Shanghai and San Diego that specializes in the design of highly integrated...
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Options Brief: RF Micro Devices
Thursday, June 9, 2011 - 10:18am | 66Shares of RF Micro Devices (NASDAQ: RFMD) are lower on the session by 0.51%, trading at $5.86. Overall put volume is now running at 2.02x the daily average, with 1% of all puts traded being purchases on the offer. 2,032 contracts have traded on the session so far. RF Micro Devices, Inc. designs...
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Lazard Capital Maintains Buy on Micron Technology
Thursday, June 9, 2011 - 9:26am | 108Lazard Capital is out with its report today on Micron Technology (NYSE: MU), maintaining Buy. In a note to clients, Lazard Capital writes, "Based on our meetings with management we believe the Street is too bearish on recent DRAM spot market price declines and is directly correlating the stock to...
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Citigroup Reports on Texas Instruments
Thursday, June 9, 2011 - 9:00am | 121Citigroup commented on Texas Instruments (NYSE: TXN) in a report released yesterday. In the report, Citigroup was positive in its assessment of the company. Citigroup writes, "Wholly attributable to Nokia's share/ASP issues, TI's reduction in guidance is having limited impact on shares (indeed...
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Sterne Agee Maintains Buy on Texas Instruments
Thursday, June 9, 2011 - 8:57am | 116Sterne Agee is out with its report today on Texas Instruments (NYSE: TXN), maintaining Buy. In a note to clients, Sterne Agee writes, "We are lowering C2Q11 revenues/EPS to $3.43B/$0.54 from $3.50B/$0.61, and lowering C11E modestly to $14.42B/$2.52 from previous $14.49B/$2.59. Our C12E remains...
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Oppenheimer Reports on Skyworks Solutions
Thursday, June 9, 2011 - 8:56am | 134Oppenheimer commented on Skyworks Solutions (NASDAQ: SWKS) in a report released yesterday. In the report, Oppenheimer was positive in its assessment of the company. Oppenheimer writes, "We come away from investor meetings with Skyworks' management more comfortable that overall business trends are...
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Citadel Reports on Texas Instruments
Thursday, June 9, 2011 - 8:52am | 128Citadel commented on Texas Instruments (NYSE: TXN) in a report released yesterday. In the report, Citadel was negative in its assessment of the company. Citadel writes, "After the close, TI updated its 2Q11 outlook, lowering both the midpoint and low end of the prior range. Revenue guidance now...