Semiconductors
SATORI ELECTRIC CO LTD Amends Consolidated Full-year Forecast for FY 2013
SATORI ELECTRIC CO LTD announced that it has lowered the consolidated full-year forecast for revenue from JPY 130,000 million to JPY 129,900 million but raised the forecast for operating profit from JPY 400 million to JPY 520 million, ordinary profit from JPY 500 million to JPY 730 million, net profit (loss) from JPY (2,100 million) to JPY (1,860 million) and earning (loss) per share from JPY (123.84) to JPY (109.69) for the fiscal year ended May 31, 2013. The Company amended the consolidated full-year outlook due to improved efficiency of costs and profit on foreign exchange.
Dialog Semiconductor PLC To Acquire Iwatt Inc-DJ
Dow Jones reported that Dialog Semiconductor PLC has entered into an agreement to acquire iWatt Inc. ('iWatt'), a provider of digital power management integrated circuits (ICs), for a cash payment of approximately $310 million, with additional contingent consideration of up to $35 million.
Sanan Optoelectronics Co Ltd Receives Subsidy
Sanan Optoelectronics Co Ltd announced that it has received a subsidy of RMB 50 million from Financial Bureau of Anxi County, for optoelectronic project of the Company.
Sino Wealth Electronic Ltd Receives Subsidy
Sino Wealth Electronic Ltd announced that it has received a subsidy of RMB 3 million in Shanghai as independent innovation funds.
Alliance Fiber Optic Products Inc Raises Q2 2013 Revenue Guidance
Alliance Fiber Optic Products Inc announced that for the second quarter of 2013, the Company expects to report sales above $19 million, which represents over 55% sequential growth and is higher than $16 million of the revised revenue guidance issued on May 22, 2013. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $16 million for the second quarter of 2013.
Jabil Circuit Inc Completes Acquisition Of Nypro Inc
Jabil Circuit Inc announced that it affirmed it has completed its acquisition of Nypro Inc, a provider of manufactured precision plastic products for customers in the Healthcare, Packaging and Consumer Electronics industries. The definitive agreement was announced on February 4, 2013. The combined entity of Jabil and Nypro is expected to bolster their position in key markets, such as healthcare and expand the market in packaging for customers in the food and beverage, household and personal care industries. The Consumer Electronics portion of Nypro`s business will be integrated into Jabil`s Materials Technology Services. Approximately 10,000 Nypro employees will become Jabil employees. The Nypro trade name will be retained and used to jointly market services to customers in the healthcare and packaging markets for Jabil. The united team will work together to jointly market their integrated services. The acquisition purchase price was $665 million, funded from Jabil`s existing cash and credit facilities. Jabil has indicated that the transaction is expected to be accretive to earnings per share in its fiscal 2014, which begins September 1, 2013. J.P. Morgan acted as the exclusive financial advisor to Jabil in this transaction, and Holland & Knight LLP acted as Jabil's legal counsel in this transaction.
Mellanox Technologies Ltd Completes Acquisition of IPtronics A/S
Mellanox Technologies Ltd announced that it has completed the acquisition of privately held IPtronics A/S, an optical interconnect component design for digital communications company, at a total cash purchase price of $47.5 million.
Nan Ya Printed Circuit Board Corp Announces Changes of Chairman
Nan Ya Printed Circuit Board Corp announced that it has appointed Wu Jiazhao as Chairman of the Board of the Company, to replace Wu Qinren, who resigned from the position, effective July 1, 2013.
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| Energy |  -0.01% |
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| Industrials | -0.61% |
| Cyclical Goods & Services |  +0.03% |
| Non-Cyclical Goods & Services | -0.23% |
| Financials | -0.23% |
| Healthcare | -0.43% |
| Technology | +0.04% |
| Telecoms | +0.08% |
| Utilities | -0.64% |
| DOW | 14,932.41 | -42.55 |
-0.28% |
| S&P 500 | 1,614.08 | -0.88 |
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| NASDAQ | 3,433.40 | -1.09 |
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| TR US Index | 146.52 | -0.13 |
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Analyst Research
| Report Title | Price |
|---|---|
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Provider: Renaissance Capital
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$92.00
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Provider: Renaissance Capital
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$92.00
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Provider: Renaissance Capital
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$92.00
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Provider: Renaissance Capital
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$92.00
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Provider: Renaissance Capital
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$92.00
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