Analyst Research
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Provider: Pechala's Reports
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$15.00
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Provider: Reuters Investment Profile
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$20.00
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Provider: ValuEngine, Inc.
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$127.00
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Provider: ValuEngine, Inc.
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$127.00
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Moody's Downgrades STMicroelectronics NV to Baa2; Outlook Stable-Reuters
Reuters reported that Moody's Investors Service has downgraded to Baa2 from Baa1 the senior debt ratings of STMicroelectronics NV, following the Company's announcement of an update to its strategic plan on December 10, 2012. The outlook on the ratings has been changed to stable from negative. The Company's plan includes the decision to exit the 50/50 joint venture ST-Ericsson by Q3 2013 and a management target of an operating margin of 10% or more and reduced volatility in performance.
Latest Developments for STMicroelectronics NV
- STMicroelectronics NV Issues Q2 2013 Revenue Guidance Below Analysts' Estimates
- STMicroelectronics NV and Ericsson Joint Venture, 1,600 Jobs To Go-Reuters
- STMicroelectronics NV and Ericsson Agree on Solutions for Split of ST-Ericsson Joint Venture
- STMicroelectronics NV Issues Q1 2013 Revenue Guidance Below Analysts' Estimates
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