Maxim Integrated announced this week that it will acquire Volterra Semiconductor for $23 per share or $605 million in total (or $450 million after excluding Volterra’s cash on hand). Analyst’s initial take is that the deal will be made at a reasonable, but not especially cheap, valuation, but it does allow Maxim to expand into…
On Oct. 8, The chief executive of Brazil telecom giant Oi SA (NYSE:OIBR), Zeinal Bava, resigned Oct 07, at a crucial time for the firm’s multibillion-dollar merger with Portugal Telecom SGPS SA that he had orchestrated. Oi SA (NYSE:OIBR) belongs to Technology sector. Its net profit margin is -1.60% and weekly performance is -15.38%. On…
On Wednesday afternoon, MarkWest Energy announced second-quarter results that were lower than last year, though roughly in line with expectations. Contending with meager gas and NGL prices, net income was cut by more than half to $84 million from $187 million last year, and though processing volumes actually increased dramatically by 53% over last year,…
Lakeland Industries Inc. (NASDAQ:LAKE) pulled back in early trade Tuesday, but settled into a range for the bulk of the session. The stock finished with a loss of 7.57 at $21.43 on above average volume. Lakeland Industries Inc. (NASDAQ:LAKE) belongs to Healthcare sector. Its net profit margin is -4.10% and weekly performance is 113.66%. On…
Today’s Brooklyn Nets vs Sacramento Kings live stream can be watched at 4:30 AM ET on Wednesday Morning through the links provided below. Kings are concluding on their preseason tour of China as the match will go down today in Beijing. The game that will be against Brooklyn Nets is their final match as part…
Atmos Energy reported solid third-quarter earnings per share from continued operations of $0.42, compared with $0.32 in the year-ago quarter. Management reaffirmed its fiscal 2013 EPS forecast range of $2.45-$2.55 per share. The company will pay a $1.40 per share dividend in fiscal 2013, a 1.4% increase from 2012. Natural gas distribution gross profit rose…
