Key Developments: Analog Devices Inc (ADI.MW)
42.67USD
22 Apr 2013
$0.31 (+0.73%)
$43.84
$42.67
$42.67
$42.67
200
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$46.00
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Latest Key Developments (Source: Significant Developments)
Analog Devices Inc Prices $500 Million 2.875% Senior Notes Offering
Analog Devices Inc announced that it has priced an offering of $500 million aggregate principal amount of 2.875% senior unsecured notes due June 1, 2023 (the 2023 Senior Notes). The offering is being conducted pursuant to an effective registration statement under the Securities Act of 1933. Analog Devices intends to use approximately $393 million of the net proceeds from this offering to fund the previously announced redemption of $375 million aggregate principal amount of its 5.00% senior unsecured notes due 2014 (the 2014 Senior Notes) on June 6, 2013, the redemption date selected by Analog Devices. Analog Devices intends to use the remaining net proceeds for general corporate purposes, which may include repurchases of common stock under its stock repurchase program, acquisitions, dividend payments and capital expenditures. This offering is expected to close on June 3, 2013. The joint book-running managers for the offering are J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, and the co-managers are Goldman, Sachs & Co., Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC. Full Article
Analog Devices Inc Declares Cash Dividend
Analog Devices Inc announced that Board of Directors has declared a cash dividend of $0.34 per outstanding share of common stock. The dividend will be paid on June 11, 2013 to all shareholders of record at the close of business on May 31, 2013. Full Article
Analog Devices Inc Announces Management Changes
Analog Devices Inc announced that the appointment of Vincent Roche as President and Chief Executive Officer (CEO) and his election to the Board of Directors, effective immediately. Full Article
Analog Devices Inc Announces Demise Of Jerry Fishman, Chief Executive Officer
Analog Devices Inc announced that Jerald G. Fishman Chief Executive Officer, passed away suddenly from an apparent heart attack evening. In accordance with the Company's bylaws, ADI`s President Vincent Roche has been appointed Chief Executive Officer on an interim basis by ADI`s Board of Directors. Full Article
Analog Devices Inc Increases Cash Dividend To $0.34 From $0.30 Per Share
Analog Devices Inc announced that its Board of Directors has approved a 13 percent increase in its regular quarterly dividend to $0.34 per outstanding share of common stock. Full Article
Analog Devices Inc Issues Q1 2013 Guidance In Line With Analysts' Estimates
Analog Devices Inc announced that for first quarter of 2013, it expects revenue to decrease in the range of -6% to -12% and diluted EPS at $0.40-$0.48. The Company reported revenue of $695 million in fourth quarter of 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $635 million and EPS of $0.45 for first quarter of 2013. Full Article
Analog Devices Inc Declares Cash Dividend
Analog Devices Inc announced that the Board of Directors has declared a cash dividend of $0.30 per outstanding share of common stock. The dividend will be paid on December 18, 2012 to all shareholders of record at the close of business on December 7, 2012. Full Article
Analog Devices Inc Issues Q4 2012 Guidance In Line With Analysts' Estimates
Analog Devices Inc announced that for the fourth quarter of 2012, it expects Revenue to in the range of $685 million to $715 million and diluted EPS to be in the range of $0.54 to $0.60. According to I/B/E/S estimates, analysts were expecting the Company to report revenue of $714 million and EPS of $0.60 for the fourth quarter of 2012. Full Article
Analog Devices Inc Declares Cash Dividend
Analog Devices Inc announced that it has declared a cash dividend of $0.30 per outstanding share of common stock. The dividend will be paid on September 12, 2012 to all shareholders of record at the close of business on August 31, 2012. Full Article
Analog Devices, Inc. Issues Q3 2012 Guidance In Line With Analysts' Estimates-Conference Call
Analog Devices, Inc. announced that for third quarter of 2012, it expects revenues to grow sequentially in the range of 1% to 4% and diluted earnings plan to be in the range of $0.54-$0.58. The Company reported revenue of $675 million in second quarter of 2012. According to I/B/E/S estimates, analysts were expecting the Company to report revenue of $697 million and EPS of $0.57 for third quarter of 2012. Full Article
BRIEF-Analog down in extended trading after results
NEW YORK, May 21 - Analog Devices Inc : * Shares down 2.2 percent in extended trading after results
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