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Microchip Technology Inc (MCHP.O)

MCHP.O on Nasdaq

61.13USD
25 Aug 2016
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Tue, Aug 9 2016

U.S. RESEARCH ROUNDUP-Microchip Technology, Gap, Hornbeck Offshore

Aug 9 Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Bojangles and WebMD Health, on Tuesday. HIGHLIGHTS * Gap Inc : Deutsche Bank, SunTrust Robinson raise target price on the stock * Hornbeck Offshore : Barclays cuts target price to $8 from $10; equal weight * Bojangles Inc : Jefferies, Piper Jaffray cut target price on stock * Microchip Technology Inc : Credit Su

BRIEF-Microchip Technology reports Q1 non-GAAP EPS $0.095

* Microchip technology announces record financial results for first quarter fiscal year 2017

BRIEF-Microchip Technology Q4 GAAP earnings per share $0.31

* Microchip Technology announces record financial results for fourth quarter and fiscal year 2016

BRIEF-Microchip Technology CEO, COO voluntarily agree to 50 pct reduction in base salary

* Steve Sanghi, chairman, CEO voluntarily agreed to 50 pct reduction in base salary for period from April 11 through July 1, 2016

BRIEF-Microchip Technology completes Atmel acquisition

* Microchip technology completes Atmel acquisition and provides update on its fiscal fourth quarter 2016

BRIEF-Microchip Technology expects Atmel merger to close on April 4

* Microchip Technology provides update on closing of Atmel acquisition

BRIEF-Atmel says Microchip merger proposal approved by Atmel's stockholders

* Says Microchip merger proposal approved by Atmel's stockholders - sec filing Source - http://1.usa.gov/1RRIhFv Further company coverage: (Bengaluru Newsroom; +1 646 223 8780)

BRIEF-Microchip Technology gets antitrust clearance in U.S., Germany to acquire Atmel

* Microchip Technology announces receipt of antitrust clearance in U.S. and Germany for its acquisition of Atmel

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