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STMicroelectronics NV (STM.PA)

STM.PA on Paris Stock Exchange

16.88EUR
20 Oct 2017
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Latest Key Developments (Source: Significant Developments)

STMicroelectronics gives notice of early redemption of its 400 million dollar 1.00 pct convertible bonds due 2021
Wednesday, 11 Oct 2017 06:00am EDT 

Oct 11 (Reuters) - STMICROELECTRONICS NV ::REG-STMICROELECTRONICS GIVES NOTICE OF EARLY REDEMPTION OF ITS US$400 MILLION 1.00% CONVERTIBLE BONDS DUE 2021.  Full Article

STMicroelectronics announces partnership with Objenious
Tuesday, 3 Oct 2017 09:00am EDT 

Oct 3 (Reuters) - STMICROELECTRONICS ::ANNOUNCES PARTNERSHIP WITH OBJENIOUS TO ACCELERATE CONNECTION OF IOT SENSORS IN LORA NETWORK.PARTNERSHIP WITH OBJENIOUS TO REDUCE RESEARCH AND DEVELOPMENT COSTS AND TIME NEEDED TO MARKET LORA DEVICES.  Full Article

STMicroelectronics signs partnership agreement with Usine IO
Tuesday, 3 Oct 2017 03:00am EDT 

Oct 3 (Reuters) - STMICROELECTRONICS ::SIGNS PARTNERSHIP AGREEMENT WITH USINE IO.PARTNERSHIP WITH USINE IO TO SUPPORT START-UPS OF AUTONOMOUS VEHICLE AND MOBILITY SECTOR.  Full Article

STMicroelectronics announces integration of its NFC technology in MediaTek mobile platforms
Tuesday, 5 Sep 2017 09:26am EDT 

Sept 5 (Reuters) - STMICROELECTRONICS ::ANNOUNCES INTEGRATION OF ITS CONTACTLESS PAYMENT TECHNOLOGY (NFC) IN MOBILE PLATFORMS DESIGNED BY MEDIATEK‍​.  Full Article

STMicroelectronics proposes dividend of 0.06 US dollars
Wednesday, 23 Aug 2017 08:46am EDT 

Aug 23 (Reuters) - EURONEXT: :STMICROELECTRONICS <<>> PROPOSES DIVIDEND OF USD 0.06 PER SHARE; PAYMENT DATE: 09/20/2017.  Full Article

STMicro raises 2017 capex forecast to $1.25-1.3 bln from $1.1 bln
Wednesday, 26 Jul 2017 05:09am EDT 

July 26 (Reuters) - STMicroelectronics NV :STMicro raises 2017 capital expenditure forecast to $1.25-1.3 billion from $1.1 billion previously, chief executive Carlo Bozotti told analysts in a conference call. .STMicro expects strong sequential growth for imaging in Q3 as new products ramp; followed by further revenue acceleration in Q4, CEO said.STMicro's 2017 revenues now expected to be in the high-end of the range given on the company's investor day in May, CEO said. At the time, STMicro said revenue to grow by between 12.5 and 15.5 percent from last year to around $8 billion..STMicro expects 2017 free cash flow to substantially match the level of the company's dividend, CEO said. .  Full Article

STMicro Q2 operating income up at $178 mln
Wednesday, 26 Jul 2017 01:00am EDT 

July 26 (Reuters) - STMICROELECTRONICS :STMICROELECTRONICS - ‍Q2 NET REVENUES OF $1.92 BILLION; UP 5.6% SEQUENTIALLY AND 12.9% YEAR-OVER-YEAR​.STMICROELECTRONICS - ‍EXPECT Q3 REVENUES TO INCREASE ABOUT 9.0% ON A SEQUENTIAL BASIS​.Q2 NET PROFIT GROUP SHARE (US GAAP) $‍151​ MILLION VERSUS $23 MILLION YEAR AGO.Q2 OPERATING INCOME (US GAAP) $‍178​ MILLION VERSUS $28 MILLION YEAR AGO.STMICROELECTRONICS - ‍GROSS MARGIN IN Q3 IS EXPECTED TO BE ABOUT 39.0% PLUS OR MINUS 2.0 PERCENTAGE POINTS​.Q2 GROSS MARGIN OF 38.3%.WELL POSITIONED TO REACH THE SHORT-TERM FINANCIAL TARGETS WE OUTLINED FOR THE SECOND HALF OF 2017 - CEO.EXPECTS Q3 2017 REVENUES TO INCREASE ABOUT 9.0% ON A SEQUENTIAL BASIS, PLUS OR MINUS 3.5 PERCENTAGE POINTS.  Full Article

STMicroelectronics prices a US$1.5 billion dual-tranche offering of new convertible bonds
Thursday, 22 Jun 2017 12:04pm EDT 

June 22 (Reuters) - STMicroelectronics ::STMICROELECTRONICS PRICES A US$1.5 BILLION DUAL-TRANCHE OFFERING OF NEW CONVERTIBLE BONDS.NEW CONVERTIBLE BONDS TO BE ISSUED IN TWO TRANCHES, ONE OF US$750 MILLION WITH MATURITY OF 5 YRS AND ONE OF US$750 MILLION WITH MATURITY OF 7 YRS.EARLY REDEMPTION OF OUTSTANDING US$600 MILLION ZERO COUPON CONVERTIBLE BONDS DUE 2019.FUTURE REDEMPTION OF OUTSTANDING US$400 MILLION 1.00 PER CENT. CONVERTIBLE BONDS DUE 2021.LAUNCH OF A SHARE BUY-BACK PROGRAMME OF UP TO 19 MILLION SHARES FOR AN AMOUNT UP TO US$297 MILLION.INITIAL CONVERSION PRICES HAVE BEEN SET, FOR EACH OF 5-YEAR MATURITY AND 7-YEAR MATURITY NEW CONVERTIBLE BONDS, AT US$20.54.SETTLEMENT OF NEW CONVERTIBLE BONDS IS EXPECTED TO TAKE PLACE ON OR ABOUT 3 JULY 2017.  Full Article

STMicro announces $1.5 bln convertible bond offering
Thursday, 22 Jun 2017 01:28am EDT 

June 22 (Reuters) - STMICROELECTRONICS :REG-ST ANNOUNCES (I) A US$1.5 BILLION DUAL-TRANCHE OFFERING OF NEW CONVERTIBLE BONDS, (II) THE EARLY REDEMPTION OF ITS 2019 CONVERTIBLE BONDS AND (III) THE LAUNCH OF A SHARE BUY-BACK PROGRAMME.‍NEW CONVERTIBLE BONDS WILL BE OFFERED IN TWO TRANCHES (WITH A MINIMUM SIZE OF US$500 MILLION FOR EACH TRANCHE) WITH A MATURITY OF 5 YEARS AND 7 YEARS​.‍5-YEAR MATURITY NEW CONVERTIBLE BONDS WILL NOT BEAR INTEREST​.‍NEW CONVERTIBLE BONDS WILL BE ISSUED AT 100.00% - 102.53% OF THEIR PRINCIPAL AMOUNT AND WILL BE REDEEMED AT 100% OF THEIR PRINCIPAL AMOUNT ON 3 JULY 2022​.‍7-YEAR MATURITY NEW CONVERTIBLE BONDS WILL BEAR INTEREST AT AN ANNUAL RATE BETWEEN 0.0% - 0.5%, PAYABLE SEMI-ANNUALLY IN ARREAR​.ANNOUNCES THE LAUNCH OF A SHARE BUY-BACK PROGRAMME OF UP TO 19 MILLION SHARES FOR AN AMOUNT UP TO US$297 MILLION.‍NEW CONVERTIBLE BONDS WILL BE ISSUED AT 100% OF THEIR PRINCIPAL AMOUNT AND WILL BE REDEEMED AT 100% OF THEIR PRINCIPAL AMOUNT ON 3 JULY 2024​.‍INITIAL CONVERSION PRICES IN RELATION TO 5-YEAR MATURITY NEW CONVERTIBLE BONDS, AT A PREMIUM BETWEEN 35% - 40%​.‍INITIAL CONVERSION PRICES IN RELATION TO 7-YEAR MATURITY NEW CONVERTIBLE BONDS, AT A PREMIUM BETWEEN 35% - 40%​.‍APPLICATION WILL BE MADE FOR NEW CONVERTIBLE BONDS TO BE ADMITTED TO TRADING ON OPEN MARKET SEGMENT OF FRANKFURT STOCK EXCHANGE​.‍MORGAN STANLEY AND SOCIÉTÉ GÉNÉRALE CORPORATE & INVESTMENT BANKING ARE ACTING AS JOINT GLOBAL COORDINATORS​.  Full Article

STMicroelectronics appointed Nicolas Dufourcq as chairman​
Tuesday, 20 Jun 2017 08:30am EDT 

June 20 (Reuters) - STMICROELECTRONICS ::‍MEMBERS OF SUPERVISORY BOARD APPOINTED MR. NICOLAS DUFOURCQ AS CHAIRMAN​.  Full Article