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Analog Devices Inc (ADI.OQ)

ADI.OQ on NASDAQ Stock Exchange Global Select Market

73.14USD
9 Dec 2016
Change (% chg)

$-0.74 (-1.00%)
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$73.88
Open
$74.54
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$74.82
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$72.50
Volume
768,999
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$74.85
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Latest Key Developments (Source: Significant Developments)

Analog Devices Q4 non-gaap EPS $1.05
Tuesday, 22 Nov 2016 08:00am EST 

Analog Devices Inc : Sees non-gaap diluted eps estimated to be $0.68 to $0.78 per share for q1 2017 . Q1 earnings per share view $0.73, revenue view $843.3 million -- Thomson Reuters I/B/E/S . Sees non-gaap gross margin expected to be between 65.5 pct and 66.0 pct for q1 2017 . "looking ahead, order rates are stable entering seasonally slower" q1 . Analog Devices Inc - planning for revenue to decrease sequentially, but to increase 9 pct to 17 pct over prior year in q1 . Q4 non-gaap earnings per share $1.05 . Q4 revenue $1.0 billion versus I/B/E/S view $942.6 million . Analog devices reports fourth quarter and fiscal year 2016 results . Q4 gaap earnings per share $0.95 . Q4 earnings per share view $0.89 -- Thomson Reuters I/B/E/S .Sees q1 2017 revenue $840 million to $900 million.  Full Article

Analog Devices says co entered into term loan deal, amended revolving credit deal - SEC filing
Monday, 26 Sep 2016 08:30am EDT 

Analog Devices Inc : New term loan facility consists of a 3-year unsecured term loan facility in principal amount of $2.5 billion . Proceeds of loans may be used by co to fund Linear Technology acquisition and to pay fees and expenses in connection therewith . Company's new term loan facility also consists of 5-year unsecured term loan facility in principal amount of $2.5 billion - SEC filing . On september 23, 2016 co entered into a term loan agreement and an amended and restated revolving credit agreement - SEC filing .Entered amendment and restatement agreement dated as of September 23, 2016 which includes an amended and restated credit agreement.  Full Article

Analog Devices Q3 non-GAAP earnings per share $0.82
Wednesday, 17 Aug 2016 08:00am EDT 

Analog Devices Inc : Q3 non-GAAP earnings per share $0.82 . Q3 GAAP earnings per share $0.74 . Q3 earnings per share view $0.76 -- Thomson Reuters I/B/E/S . Q3 revenue $870 million versus I/B/E/S view $851.7 million . Co sees Q4 GAAP EPS $0.78 to $0.88 . Sees Q4 non-GAAP revenue $910 million to $970 million . Sees Q4 non-GAAP gross margin about 65.5 percent . Says board of directors has declared a cash dividend of $0.42 per outstanding share of common stock . Q4 earnings per share view $0.89, revenue view $935.0 million -- Thomson Reuters I/B/E/S . Sees Q4 Non GAAP earnings per share $0.84 to $0.94 .Sets quarterly cash dividend of $0.42per share.  Full Article

Linear Technology to pay Analog $490 mln, if merger is terminated
Friday, 29 Jul 2016 05:10pm EDT 

Linear Technology Corp : If merger agreement is terminated, Linear will be obligated to pay to Analog a termination fee equal to $490 million in cash .If merger agreement is terminated under certain circumstances Analog will be obligated to pay Linear a termination fee equal to $700 million in cash.  Full Article

S&P lowers Analog Devices rating to 'BBB' from 'A-' on acquisition plan
Tuesday, 26 Jul 2016 05:08pm EDT 

S&P Global Ratings: Analog Devices Inc rating is lowered to 'BBB' from 'A-' on acquisition plan; outlook negative .Negative outlook reflects high initial leverage after the Linear acquisition and the potential integration and operation risk.  Full Article

Analog Devices to buy Linear Technology
Tuesday, 26 Jul 2016 04:15pm EDT 

Analog Devices Inc : Sees Q3 diluted earnings per share to be in range of $0.71 to $0.72 . Transaction values Linear Technology at approximately $60.00 per share . Linear Technology shareholders to also get 0.2321 of share of Analog Devices stock for each share of Linear Technology common stock they hold . Expects to achieve $150 million of annualized run-rate cost synergies within 18 months post transaction close . Deal expected to be immediately accretive to Analog Devices' non-GAAP EPS and free cash flow . Post-Closing, Linear Technology shareholders will own approximately 16% of combined company on a fully-diluted basis . Following deal, Linear Technology brand will continue to serve as brand for Analog Devices' power management offerings . GAAP diluted earnings per share to be in range of $0.77 to $0.78 . J.P. Morgan, Bank of America Merrill Lynch, and Credit Suisse are providing committed debt financing for transaction . Says also intends to fund transaction with approximately $7.3 bln of new long term debt . Qatalyst partners is acting as exclusive financial advisor to Linear Technology, and Jones Day is serving as its legal advisor. . Wachtell, Lipton, Rosen & Katz and Wilmer Cutler Pickering Hale And Dorr Llp are serving as its legal advisors . Analog Devices and Linear Technology to combine creating the premier analog technology company . Linear Technology shareholders will receive $46.00 per share in cash.  Full Article

Linear Technology Q4 earnings per share $0.54
Tuesday, 26 Jul 2016 04:01pm EDT 

Linear Technology Corp : Sets quarterly cash dividend of $0.32 per share . Linear Technology reports sequential increases in revenue, net income, and earnings per share . Q4 revenue $373.8 million versus i/b/e/s view $373.9 million . Q4 earnings per share $0.54 . Q4 earnings per share view $0.54 -- Thomson Reuters I/B/E/S .Company will not provide expected financial results for fiscal Q1 of 2017 or future periods.  Full Article

Linear Technology shares spike on report that says Analog Devices in talks to buy the co- CNBC
Tuesday, 26 Jul 2016 02:39pm EDT 

: Linear Technology Corp shares spike on report that says Analog Devices is said to be in talks to buy the co - CNBC (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Analog Devices in advanced talks to buy Linear Technology- Bloomberg
Tuesday, 26 Jul 2016 02:04pm EDT 

:Analog Devices Inc in advanced talks to acquire Linear Technology Corp - Bloomberg, citing sources.  Full Article

Analog Devices reports Q2 GAAP earnings per share $0.55
Wednesday, 18 May 2016 08:32am EDT 

Analog Devices Inc : Q2 non-GAAP earnings per share $0.64 . Q2 GAAP earnings per share $0.55 . Q2 revenue $779 million versus I/B/E/S view $777.6 million . Q2 earnings per share view $0.62 -- Thomson Reuters I/B/E/S . Sets quarterly cash dividend of $0.42 per share . Sees Q3 GAAP revenue $800 million to $840 million . Sees Q3 GAAP gross margin to be stable sequentially . Sees Q3 GAAP earnings per share $0.60 to $0.68 . Sees Q3 non-GAAP earnings per share $0.66 to $0.74 . Q3 earnings per share view $0.75, revenue view $846.6 million -- Thomson Reuters I/B/E/S ."Expect our B2B markets, in aggregate, to grow in mid-to-high single digits on a year-over-year basis in Q3".  Full Article

BRIEF-Analog Devices acquires Innovasic

* Says Innovasic team will join ADI's industrial automation business unit