STMicroelectronics NV (STM.PA)
19 Dec 2014
|Market Cap (Mil.):||€5,610.87|
|Shares Outstanding (Mil.):||910.56|
* Shares seen opening down 2-3 percent. Traders cite Bloomberg article quoting CEO as saying profit target may take longer to reach. Weblink: http://www.bloomberg.com/news/2014-11-20/stmicro-may-delay-profit-target-on-weaker-market-ceo.html Further company coverage: (Reporting By Francesco Canepa)
* Says its secure microcontroller was selected by Sony to power next-generation payment cards in Japan
(The following statement was released by the rating agency) NEW YORK, November 04 (Fitch) STMicroelectronics N.V.'s five-year Credit Default Swaps (CDS) have widened 39% over the past month to trade at the widest levels observed in nearly two years, according to Fitch Solutions in its latest case study. CDS widening for the multinational electronics and semiconductor manufacturer outpaced the broader European Technology CDS Index, out just 6% over the past month. After pricing in the 'BBB+/
(Corrects to say Raiway stake to be listed, not sold to CDP)
MILAN, Oct 30 - STMicroelectronics, Europe's largest semiconductor company, will return to growth by the second-quarter of 2015 and expects to post revenues of $2 billion in each of the final two quarters of next year, its CEO said in an interview with Italy's Il Sole 24 Ore on Thursday.
* Shares drop 9 pct to bottom of sector index (Rewrites, adds CEO, analyst comment, updates shares)
FRANKFURT, Oct 29 - STMicroelectronics said it is sticking to its target to reach an operating margin of 10 percent by the middle of next year, although it added that reaching the target would be a little bit more challenging.
* FTSEurofirst 300 up 0.3 pct, Euro STOXX 50 up 0.1 pct * Fugro tumbles 21 pct after saying it won't pay dividend * STMicro drops after warning on revenue By Blaise Robinson PARIS, Oct 29 - European stocks inched higher early on Wednesday, tracking sharp gains on Wall Street ahead of a U.S. Federal Reserve policy announcement. At 0900 GMT, the FTSEurofirst 300 index of top European shares was up 0.3 percent at 1,321.07 points, led by miners including Rio Tinto and
PARIS - Shares in telecom gear maker Alcatel-Lucent fell 7 percent on Friday, extending a recent slump, after U.S. rival Juniper Networks Inc became the latest technology company to issue a warning on sales.
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; for the Day Ahead newsletter, http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/nex49s) U.S. stocks were trading lower on Monday after China's finance minister indicated the country will not increase stimulus measures and housing data fell short of expectations.
Earnings vs. Estimates
Analyst Research Reports
Trading Report for (STM). A detailed report, including free correlated market analysis, and updates.
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"The Economy Matters" Report for STM: the economy's impact on STM's price and risk, featuring the powerful Economic Climate Rating and the new MacroRisk "Stoplight" and Risk Correspondence Score
Provider: MacroRisk Analytics/EconomicInvestor
Stmicroelectronics - Finlabo Research Equity Report: Fundamental and Technical Analysis and 6 months performance forecast
Provider: Finlabo SIM Spa
Provider: ValuEngine, Inc.
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