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From the Blogosphere
Semiconductor Industry – Industry Outlook
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The Semiconductor Industry serves as a driver, enabler and indicator of technological progress. Developments in the industry determine the way we work, transport ourselves, communicate, entertain ourselves and respond to our environment. For example, the PCs we use, the cars we drive, the phones with which we communicate, the electronic gadgets on which we watch movies, listen to music and play games, and the planes and weapons used to protect us all use semiconductor devices.
As environmental issues have become more of a concern today, semiconductor devices are being made to reduce power co...
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Semiconductors – Industry Outlook
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The Semiconductor Industry serves as a driver, enabler and indicator of technological progress. Developments in the industry determine the way we work, transport ourselves, communicate, entertain ourselves and respond to our environment. For example, the PCs we use, the cars we drive, the phones with which we communicate, the electronic gadgets on which we watch movies, listen to music and play games, and the planes and weapons used to protect us all use semiconductor devices.
As environmental issues have become more of a concern today, semiconductor devices are being made to reduce power co...
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Merrill Turns Cautious On Chips, Foundries; Many Downgrades; Stocks Swoon
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Bank of America/Merrill Lynch chip analyst Sumit Dhanda this morning turned cautious on semiconductor stocks, downgrading a slew of stocks; his colleague Daniel Heyler made a comparable on the foundries, lower ratings on a number of stocks. <>“We are downgrading our view on the sector given unfavorable indications from our cyclical framework,” he writes. “In particular, our industry model suggests that following a period of rapid replenishment of inventory and normalization of semi shipments to true consumption levels, inventories in the supply chain are approaching a level suggesting a modest><>><><><>><>>><><>><>>><><>><>>><><>><>>><><>><>>><><>><>>><><>><>>><><>><>>>><>><>><>><><><>><>>><><>><>>><><>>><><>>><><>><>>><><>><>>><><>>><><>><>>><><>>>><>><><>><>><>><>><>><>><>><>><>><>><>>><><>< />><>< />><>< />><>< />><>< />>>< />...
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Unusual 11 Mid-Day Movers 11/11: NCST, SMI, MSN, CHLN Higher; TONE, RHIE, CLWR, STV Lower
NUCRYST Pharmaceuticals Corp. (NASDAQ: NCST) <font>69% HIGHER;</font> announced today the execution of a definitive agreement with subsidiaries of Smith & Nephew plc. (NYSE: SNN) for the sale to Smith & Nephew of substantially all of Nucryst's operations and assets including all rights to its proprietary nanocrystalline silver technology for cash consideration of $21 million plus the value of working capital and subject to certain adjustments. Click here for the full report.Semiconductor Manufacturing International (NYSE: SMI) <font>54.3% HIGHER;</font> spiking on news that its CEO will res...
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Notable Analyst Rating Changes 11/11: SMI, TOL, SFD, MCHP Upgraded; PCLN, SNV, RHIE, ADBE, SIGM, HUM Downgraded
UPGRADES:Bank of America upgrades Semi Manufacturing International (NYSE: SMI) from Underperform to Neutral. Wells Fargo Securities upgrades Toll Brothers, Inc. (NYSE: TOL) Market Perform to Outperform with a $24-$26 valuation. Click Here for more color.Deutsche Bank upgrades Smithfield Foods (NYSE: SFD) from Hold to Buy and raised their price target from $12 to $20. Click Here for more color.Goldman Sachs upgraded Microchip Technology Inc. (NASDAQ: MCHP) from Sell to Neutral. Click Here for more color.For daily real-time Upgrades go to http://www.streetinsider.com/UpgradesDOWNGRADES:Cre...
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