-
After Market Movers; Energy Sector Heating Up
Monday, November 28, 2011 - 6:39pm | 120Hillenbrand (NYSE: HI) +4.07% on positive Q3 earnings CVR Energy (NYSE: CVI) +1.31% on heavy volume Patriot Coal Corporation (NYSE: PCX) +1.16% along with strong moves upward by the energy sector LSI Corp (NYSE: LSI) -3.77% after hours on heavy volume Atmel Corp (NASDAQ: ATML) -1.16% despite short...
-
Earnings Preview: Analysts Expect Analog Devices' Revenue, Earnings to Dip
Wednesday, November 16, 2011 - 10:55am | 595Analog Devices (NYSE: ADI) releases its next round of earnings this Monday, November 21, 2011. Get the latest predictions in Benzinga's essential guide to the company's fourth quarter earnings report. Earnings and Revenue: Analysts are looking ahead to a positive EPS of 63 cents/share and...
-
Lattice Semiconductor and Phoenix Technologies Sign Israeli Distribution Agreement
Tuesday, November 15, 2011 - 8:24am | 60Lattice Semiconductor Corporation (NASDAQ: LSCC) and Phoenix Technologies Ltd earlier today announced they have signed a distribution agreement for Israel. Under the terms of the agreement, Phoenix Technologies is authorized to sell Lattice's complete portfolio of innovative low power, low cost...
-
FBR Capital Markets Publishes Industry Update on Semiconductors
Monday, November 14, 2011 - 10:00am | 206In the report, FBR Capital Markets writes, “We think chip stocks should be bought now for a traditional year-end rally as inventory de-stocking likely ends late this year. Stocks we think have attractive upside include OP-rated QCOM and BRCM (Apple coattails bucket), MXIM and ATML (GARP bucket),...
-
Financial Breakfast: Morning News Summary for November 11, 2011
Friday, November 11, 2011 - 8:37am | 1107Friday, November 11, 2011 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. Benzinga's Top News Citigroup (NYSE: C) announced its plan to sell EMI Music to Universal for $1.9B, according to the Wall Street Journal. Italian...
-
Benzinga's Top Upgrades
Friday, November 11, 2011 - 8:11am | 127Analysts at Jefferies & Company upgraded Lattice Semiconductor Corp (NASDAQ: LSCC) from “hold” to “buy.” LSCC's shares closed at $6.14 yesterday. Lattice Semiconductor's trailing-twelve-month operating margin is 16.83%. Analysts at KeyBanc Capital Markets upgraded ITT Corporation (NYSE: ITT)...
-
Disclosure Insight Maintains Medium Risk Rating on Lattice Semiconductor
Friday, November 11, 2011 - 7:53am | 84A report from Disclosure Insight reiterates its Medium Risk – Negative Bias rating on Lattice Semiconductor (NASDAQ: LSCC). The report states, “Ongoing patent litigation; concentrated revenue; executive suite turnover; lowered guidance; and one-time items support our opinion of a Medium Risk -...
-
Jefferies Upgrades Lattice Semiconductor to Buy, PT Raised to $8
Friday, November 11, 2011 - 7:01am | 28Jefferies & Company has upgraded Lattice Semiconductor (NASDAQ: LSCC) from Hold to Buy and has raised the price target from $6 to $8.
-
End-of-Day Market Summary for November 4, 2011
Friday, November 4, 2011 - 4:20pm | 653This is your Benzinga news summary and traders' summary for Friday, November 4, 2011, covering headlines from Friday's trading session. Today at market close, the Dow Jones Index traded down about 61.23 points or 0.51%, the S&P 500 traded 0.63% lower, the Nasdaq Composite Index traded down 0....
-
UBS Upgrades Microchip Technology to Buy, PT Raised to $40
Friday, November 4, 2011 - 12:03pm | 27UBS has upgraded Microchip Technology (NASDAQ: MCHP) from Neutral to Buy and has raised the price target from $33.50 to $40.
-
UBS Investment PT Changes for 10/27/2011
Thursday, October 27, 2011 - 11:33am | 320UBS has changed price targets on the following companies: Allegiant Travel Company (NASDAQ: ALGT) Rating: Buy (Unchanged) Target: US$60 (Prior: US$58) Brinker International (NYSE: EAT) Rating: Buy (Unchanged) Target: US$27 (Prior: US$26) Brocade Communications Systems Inc. (NASDAQ: BRCD)...
-
Disclosure Insight Maintains Medium Risk Rating on Microchip Technology
Thursday, October 27, 2011 - 7:10am | 88A report from D.I. reiterates its Medium Risk – Positive Bias rating on Microchip Technology (NASDAQ: MCHP). The report states, “Concentrated revenue; acquisition activity; and the chairman and CEO positions being held by one person support our opinion of a Medium Risk - Positive Bias rating on...
-
UPDATE: Jefferies Lowers Price Target on Lattice Semiconductor to $6
Friday, October 21, 2011 - 9:01am | 93According to Jefferies, Lattice Semiconductor (NASDAQ: LSCC) price target is lowered to $6. Jefferies said that Lattice's Q3 revenue miss (by 60 bps) and weak Q4 guidance (-6.5% QoQ) were primarily driven by softness in worldwide communications infrastructure buildouts. “We believe Lattice is...
-
Jefferies Maintains Hold Rating and $34 PT on Linear Technology
Thursday, October 20, 2011 - 9:13am | 91A report from Jefferies reiterates its Hold rating and $34 price target on Linear Technology (NASDAQ: LLTC). The report states, “LLTC reported slightly below consensus SepQ ($2m in revs and $0.01 in EPS ), and guided DecQ to decline by 11% QoQ at the mid-pt,(12% below consensus) due to customer...
-
Citi Neutral on Linear Technology
Wednesday, October 19, 2011 - 7:49am | 146Citi Investment Research is out with a research report on Linear Technology (NASDAQ: LLTC) and it has a Hold rating and a $31 price target on shares. In a note to clients, Citi Investment Research writes, "LLTC stock dipped 4.4% after market Tuesday. N/T stock action will hinge on management...