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Qorvo shares slide another 9 percent on analyst downgrade, weak China outlook
2015-09-29 06:46:49| Semiconductors - Topix.net
The value of communications chipmaker Qorvo has fallen by half in the last three months, including a 9 percent slide in the share price Monday when a Portland investment firm sharply cut its rating on the stock. The deteriorating outlook will put additional pressure on the company to deal with excess production capacity, amplifying the uncertainty around the long-term future of its Hillsboro factory.
Tags: china
percent
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Insider Buying: J Robison Hays III Purchases 1,823 Shares of Ashford Stock
2015-09-29 05:11:49| Jewelry - Topix.net
Ashford insider J Robison Hays III acquired 1,823 shares of the business's stock in a transaction dated Friday, September 25th. The stock was bought at an average cost of $63.23 per share, with a total value of $115,268.29.
Insider Selling: Eric D. Sprunk Sells 46,000 Shares of Nike Stock
2015-09-29 04:26:38| Footwear - Topix.net
Nike COO Eric D. Sprunk sold 46,000 shares of the company's stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $123.00, for a total value of $5,658,000.00.
Tags: stock
selling
eric
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Insider Selling: Flowers Foods SVP Sells 8,550 Shares of Stock
2015-09-29 04:16:25| Food - Topix.net
Flowers Foods SVP Dan W. Stone sold 8,550 shares of the stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of $25.42, for a total value of $217,341.00.
Tags: stock
selling
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Comtech Telecom shares fall after earnings, sales decline
2015-09-29 01:40:30| Telecom - Topix.net
Comtech Telecommunications Corp. Monday posted declines in net sales and net income for the fourth quarter as higher sales of microwave amplifiers failed to offset declines in telecommunications transmission and mobile data communications. The Melville company reported a 31.5 percent decline in net income to $5.5 million for the quarter ended July 31, on a 13.3 percent decrease in net sales... Comtech Telecommunications Corp. Monday posted declines in net sales and net income for the fourth quarter as higher sales of microwave amplifiers failed to offset declines in telecommunications transmission and mobile data communications.
Tags: sales
fall
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telecom
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