Key Developments: Maxim Integrated Products Inc (MXIM.O)
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19 Jun 2013
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$28.32
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3,284,409
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Latest Key Developments (Source: Significant Developments)
Maxim Integrated Products Inc Issues Q4 2013 Guidance In Line With Analysts' Estimates
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
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
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
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
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
GEO Semiconductor Completes Acquisition of Maxim Integrated Products Inc's Digital Video Processing Business
Maxim Integrated Products Inc announced that GEO Semiconductor Inc has completed the acquisition of the digital video processing business from Maxim Integrated Products Inc. Full Article
GEO Semiconductor Inc Announces Agreement To Acquire The Digital Video Processing Business From Maxim Integrated Products Inc
GEO Semiconductor Inc announced that it has entered into an agreement to acquire the digital video processing business from Maxim Integrated Products Inc. The transaction is expected to close prior to December 31, 2012. The terms of the transaction were not disclosed. Full Article
Maxim Integrated Products Inc And RadioPulse Collaborate To Provide Integrated ZigBee Solutions For Smart Grid
Maxim Integrated Products Inc announced that and RadioPulse Collaborate to Provide Integrated ZigBee Solutions for the Smart Grid solutions. Together, Maxim and RadioPulse will market and develop ZigBee software, integrated systems on chips (SoCs), and "smart" transceivers to augment Maxim's current smart grid solutions and Zeus, its recently announced smart-meter SoC. The partnership is already providing more integrated smart grid solutions. The tight synergy between the RadioPulse wireless ZigBee software and Maxim's smart, secure IC solutions saves time, board space, and implementation costs for customers. The advantages of this partnership are immediately apparent when compared to existing nonintegrated solutions. Full Article
Maxim Integrated Products Inc Declares Cash Dividend
Maxim Integrated Products Inc announced that it has declared a cash dividend of $0.24 per share will be paid on December 5, 2012, to stockholders of record on November 21, 2012. Full Article
Maxim Integrated Products Inc Issues Q2 2013 Guidance In Line With Analysts' Estimates
Maxim Integrated Products Inc announced that for the second quarter of 2013, it expects revenue to be in the range of $595 million to $625 million and EPS to be in the range of $0.36 to $0.40 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 $621 million and EPS of $0.43 for the second quarter of 2013. Full Article
Starbucks to open first outlet in Vietnam in early February
- Starbucks Corp said it will set up its first outlet in Vietnam early next month as the U.S. chain continues to expand in fast-growing Asian markets.
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