Maxim Integrated to Acquire Volterra Semiconductor for $23 Per Share
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 the server power management chip business and the acquisition of … Continue reading Maxim Integrated to Acquire Volterra Semiconductor for $23 Per Share
Today’s Watch List : eBay Inc. (NASDAQ:EBAY), MannKind Corp. (NASDAQ:MNKD), Stillwater Mining Co. (NYSE:SWC), TESSCO Technologies Inc. (NASDAQ:TESS), Nanometrics Incorporated (NASDAQ:NANO)
eBay Inc. (NASDAQ:EBAY) trimmed its full-year revenue forecast on Wednesday, signaling a weaker-than-expected holiday shopping season for the e-commerce company as it prepares to split from its fast-growing payments arm, PayPal. eBay Inc. (NASDAQ:EBAY) belongs to Services sector. Its net profit margin is -0.70% and weekly performance is -7.83%. On last trading day company shares ended up $50.24. eBay Inc. (NASDAQ:EBAY) distance from 50-day simple … Continue reading Today’s Watch List : eBay Inc. (NASDAQ:EBAY), MannKind Corp. (NASDAQ:MNKD), Stillwater Mining Co. (NYSE:SWC), TESSCO Technologies Inc. (NASDAQ:TESS), Nanometrics Incorporated (NASDAQ:NANO)
News Buzz : AK Steel Holding Corporation (NYSE:AKS), AbbVie Inc. (NYSE:ABBV), CorEnergy Infrastructure Trust, Inc. (NYSE:CORR), Perrigo Company plc (NYSE:PRGO), APOG
AK Steel Holding (NYSE:AKS) was upgraded by stock analysts at Deutsche Bank to a “buy” rating in a report issued on Thursday.AK Steel Holding Corporation (NYSE:AKS) belongs to Basic Materials sector. Its net profit margin is -1.70% and weekly performance is -21.83%. On last trading day company shares ended up $5.48. AK Steel Holding Corporation (NYSE:AKS) distance from 50-day simple moving average (SMA50) is -39.97%. … Continue reading News Buzz : AK Steel Holding Corporation (NYSE:AKS), AbbVie Inc. (NYSE:ABBV), CorEnergy Infrastructure Trust, Inc. (NYSE:CORR), Perrigo Company plc (NYSE:PRGO), APOG
Hot Watch List : U.S. Bancorp (NYSE:USB), JPMorgan Chase & Co. (NYSE:JPM), Contango Oil & Gas Company (NYSEMKT:MCF), KED, Corning Inc. (NYSE:GLW)
U.S. Bank, a unit of U.S. Bancorp (NYSE:USB), said it hired Jack Frencho as a wealth management adviser for its Private Client Reserve in Columbus, Ohio. U.S. Bancorp (NYSE:USB) belongs to Financial sector. Its net profit margin is 45.40% and weekly performance is -5.71%. On last trading day company shares ended up $38.94. U.S. Bancorp (NYSE:USB) distance from 50-day simple moving average (SMA50) is -6.30%. … Continue reading Hot Watch List : U.S. Bancorp (NYSE:USB), JPMorgan Chase & Co. (NYSE:JPM), Contango Oil & Gas Company (NYSEMKT:MCF), KED, Corning Inc. (NYSE:GLW)
Morning Alert : Cisco Systems, Inc. (NASDAQ:CSCO), QEP Resources, Inc. (NYSE:QEP), LSI Industries Inc. (NASDAQ:LYTS), Philippine Long Distance Telephone (NYSE:PHI), Google (NASDAQ:GOOG)
Cisco Systems, Inc. (NASDAQ:CSCO) during a keynote address at the Internet of Things World Forum in Chicago, Cisco CTO Padmasree Warrior announced the winners of three global Internet of Things (IoT) Grand Challenges aimed at recognizing, promoting and accelerating the adoption of breakthrough technologies and products that contribute to the growth and evolution of the IoT. Cisco today also announced that in concert with a … Continue reading Morning Alert : Cisco Systems, Inc. (NASDAQ:CSCO), QEP Resources, Inc. (NYSE:QEP), LSI Industries Inc. (NASDAQ:LYTS), Philippine Long Distance Telephone (NYSE:PHI), Google (NASDAQ:GOOG)
Traders Are Watching : EOG Resources, Inc. (NYSE:EOG), Comcast Corporation (NASDAQ:CMCSA), Kinder Morgan, Inc. (NYSE:KMI), National CineMedia, Inc. (NASDAQ:NCMI), Teleflex Incorporated (NYSE:TFX)
EOG Resources (NYSE:EOG) EVP David W. Trice unloaded 2,099 shares of the stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $104.70, for a total value of $219,765.30. EOG Resources, Inc. (NYSE:EOG) belongs to Basic Materials sector. Its net profit margin is 15.50% and weekly performance is -6.76%. On last trading day company shares ended … Continue reading Traders Are Watching : EOG Resources, Inc. (NYSE:EOG), Comcast Corporation (NASDAQ:CMCSA), Kinder Morgan, Inc. (NYSE:KMI), National CineMedia, Inc. (NASDAQ:NCMI), Teleflex Incorporated (NYSE:TFX)
