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.
Morgan Stanley Stock Leads Gains As Banks Boost Dividends After Fed Stress Tests
Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week's Fed stress tests.
Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat
"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.
Stocks Higher, Bank Dividends, Nike, Playtika And Occidental- Five Things To Know
Stock futures higher on global growth bets; Morgan Stanley leads bank gains after dividend boost; Nike slides as margin pressures offset Q4 earnings beat; Playtika shares surge on report of Joffre Capital interest and Occidental shares jump as Buffett adds more to stake
Walgreens Stock Slides As Group Scraps Plan to Sell UK-based Boots
"As a result of market instability ... no third party has been able to make an offer that adequately reflects the high potential value of Boots," Walgreens said.