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Peregrine Semiconductor (PSMI) Upgraded From Sell to Hold

Peregrine Semiconductor (PSMI) has been upgraded by TheStreet Ratings from Sell to Hold with a ratings score of C-.

Why Peregine Semiconductor (PSMI) Stock Soared to a One-Year High Today

Peregrine Semiconductor (PSMI) soared to a new 52-week high on Friday after news that Japanese company Murata Manufacturing would buy the San Diego-based company for approximately $471 million.

Pick-Up in M&A Activity Will Leave Companies Like Anadigics Behind

RealMoney Pro contributor Chris Versace explains what's behind the increase in recent M&A and what companies stand to potentially lose out amid the activity.

Top Insider Trades: CDNS DGX AXDX PSMI

The top 10 open-market insider purchases and sales filed at the SEC Friday.

Why Peregrine Semiconductor (PSMI) Is Down Today

Peregrine Semiconductor (PSMI) falls after the manufacturing company announced fourth-quarter results that were below analysts' expectations. The company reported a loss of 16 cents a share, which was 13 cents worse than the consensus estimate of a three-cent loss a share. Revenue totaled $43.3 million, which was less than the consensus estimate of $45.09 million. Peregrine also forecast revenue guidance for the first quarter of the fiscal year 2014 in the range of $33 million to $36 million, which was less than the consensus estimate of $43.5 million.

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