Key Developments: Maxim Integrated Products Inc (MXIM.OQ)

MXIM.OQ on NASDAQ Stock Exchange Global Select Market

28.93USD
21 Nov 2014
Price Change (% chg)

$0.10 (+0.35%)
Prev Close
$28.83
Open
$29.31
Day's High
$29.38
Day's Low
$28.80
Volume
629,168
Avg. Vol
773,626
52-wk High
$35.76
52-wk Low
$25.28

Search Stocks

Latest Key Developments (Source: Significant Developments)

Maxim Integrated Products Inc Declares Cash Dividend
Thursday, 24 Oct 2013 04:00pm EDT 

Maxim Integrated Products Inc announced that a cash dividend of $0.26 per share will be paid on December 5, 2013, to stockholders of record on November 21, 2013.  Full Article

Maxim Integrated Products Inc Completes Acquisition of Volterra Semiconductor Corporation
Tuesday, 1 Oct 2013 05:45pm EDT 

Maxim Integrated Products Inc announced the completion of acquisition of Volterra Semiconductor Corporation, acquisition was effected through a tender offer by Maxim's wholly owned subsidiary, Victory Merger Sub, Inc. under which the Purchaser sought to purchase all of the outstanding shares of Volterra Semiconductor Corporation for a price of $23 per share in cash, without interest (less any applicable withholding taxes). The Offer was followed by the merger of the Purchaser with and into Volterra.  Full Article

Maxim Integrated Products Inc's Victory Merger Sub, Inc. Announces One-Day Extension of Tender Offer for Outstanding Shares of Volterra Semiconductor Corp, to October 1, 2013
Monday, 23 Sep 2013 09:00pm EDT 

Maxim Integrated Products Inc announced that it has extended by one day the expiration date of the tender offer (the Offer) by its wholly owned subsidiary, Victory Merger Sub, Inc. (the Purchaser), to purchase all of the outstanding shares of Volterra Semiconductor Corp for a price of $23 per share in cash, without interest (less any applicable withholding taxes). The Offer and withdrawal rights described in the offering documents have been extended and will now expire on October 1, 2013, unless the Offer is further extended. The Offer had previously been scheduled to expire on September 30, 2013. Computershare Inc., the depositary for the Offer, has indicated that on September 23, 2013, a total of 42,701 Volterra shares had been tendered, representing approximately 0.1367% of the outstanding shares of Volterra. No shares had been tendered by notice of guaranteed delivery. The Offer was extended by the mutual agreement of Maxim, the Purchaser and Volterra to accommodate Maxim's desire to consummate the transaction in the second quarter of Maxim's fiscal year 2014.  Full Article

Maxim Integrated Products Inc Announces Definitive Agreement To Acquire Volterra Semiconductor
Thursday, 15 Aug 2013 07:50am EDT 

Maxim Integrated Products, Inc announced that it has entered into a definitive agreement to acquire Volterra Semiconductor Corp for $23 per share, which represents a 55% premium to Volterra Semiconductor's closing share price on August 14, 2013. The transaction value is approximately $605 million equity value or $450 million net of Volterra's cash position of approximately $155 million.  Full Article

Maxim Integrated Products Inc Issues Q1 2014 Guidance Below Analysts' Estimates
Thursday, 25 Jul 2013 04:01pm EDT 

Maxim Integrated Products Inc announced that for first quarter of 2014, it expects revenue in the range of $570 million to $600 million and earnings per share (EPS) in the range of $0.34 to $0.38 GAAP ($0.37 to $0.41 excluding special items). According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $652 million and EPS of $0.51 for first quarter of 2014.  Full Article

Maxim Integrated Products Inc Issues Q4 2013 Guidance In Line With Analysts' Estimates
Thursday, 25 Apr 2013 04:01pm EDT 

Maxim Integrated Products Inc announced that for fourth quarter of 2013, it expects revenue in the range of $610 million to $640 million and earnings per share (EPS) in the range of $0.42 to $0.46 GAAP ($0.45 to $0.49 excluding special items). According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $631 million and EPS of $0.48 for fourth quarter of 2013.  Full Article

Maxim Integrated Products Inc Declares Cash Dividend
Thursday, 25 Apr 2013 04:00pm EDT 

Maxim Integrated Products Inc announced a cash dividend of $0.24 per share will be paid on June 5, 2013, to stockholders of record on May 22, 2013.  Full Article

Maxim Integrated Products Inc To Issue $500 Million Of Senior Notes
Monday, 11 Mar 2013 05:15pm EDT 

Maxim Integrated Products Inc announced the offering and pricing of $500 million of its 3.375% Senior Notes due 2023. Subject to market conditions and other factors, Maxim Integrated intends to use the net proceeds from this offering to repurchase shares of its common stock and for general corporate purposes. Maxim Integrated will use its cash on hand to redeem, repurchase or repay at maturity all of its outstanding 3.45% Senior Notes due June 14, 2013. J.P. Morgan Securities LLC and Goldman, Sachs & Co. are joint book-running managers for the offering, which is expected to close on March 18, 2013.  Full Article

Maxim Integrated Products Inc Declares Cash Dividend
Thursday, 24 Jan 2013 04:00pm EST 

Maxim Integrated Products Inc announced that cash dividend of $0.24 per share will be paid on March 6, 2013, to stockholders of record on February 20, 2013.  Full Article

Maxim Integrated Products Inc Issues Q3 2013 Guidance In Line With Analysts' Estimates
Thursday, 24 Jan 2013 04:00pm EST 

Maxim Integrated Products Inc announced that for third quarter of 2013, it expects revenue of $580-$610 million and EPS of $0.39 to $0.43 GAAP ($0.39 to $0.43 excluding special expense items). According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $599 million and EPS of $0.40 for third quarter of 2013.  Full Article

Ex-UPS exec's son pleads guilty to fraud scheme over Maxim magazine

NEW YORK - The son of a former United Parcel Service Inc vice president pleaded guilty to a scheme in which he impersonated his father to fraudulently obtain millions of dollars intended to finance the purchase of Maxim magazine.

Search Stocks