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Lam Research Bids $10.6B for KLA-Tencor, Creating Chip Giant

2015-10-21 13:20:58| Semiconductors - Topix.net

Lam Research is buying KLA-Tencor Corp. for about $10.6 billion, creating a huge player in the semiconductor sector that will rival Applied Materials Inc. The combined company, to be called Lam Research Corp., will have a market capitalization of around $19 billion, about equal to that of Applied Materials, and says it will serve 42 percent of the wafer fabrication equipment market when the deal closes in the middle of next year. The offer, for $67.02 per share, marks a 24 percent premium to the closing price for KLA-Tencor Corp. on Tuesday.

Tags: research creating giant chip

 

Lam Research bids $10.6B for KLA-Tencor, creating chip giant

2015-10-21 13:18:19| Electronics - Topix.net

Lam Research is buying KLA-Tencor Corp. for about $10.6 billion, creating a huge player in the semiconductor sector that will rival Applied Materials Inc. The combined company, to be called Lam Research Corp., will have a market capitalization of around $19 billion, about equal to that of Applied Materials, and says it will serve 42 percent of the wafer fabrication equipment market when the deal closes in the middle of next year. The offer, for $67.02 per share, marks a 24 percent premium to the closing price for KLA-Tencor Corp. on Tuesday.

Tags: research creating giant chip

 
 

Con-way Downgraded to "Neutral" at Buckingham Research

2015-10-21 07:30:36| Trucking - Topix.net

Shares of Con-way traded up 0.02% during midday trading on Tuesday, hitting $47.51. 1,061,865 shares of the company were exchanged.

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Sea Ice and Circulation: North Pacific Sea Ice Plays Significant Role, New Research Says

2015-10-21 01:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Nature World News: Sea ice forming slowly and quietly in coastal regions may be behind it all. That is, that briny ice is one of the main drivers of circulation deep in the ocean, and influences climate regionally and worldwide--although it isn't reflected well in current global climate models. A paper on that topic was recently accepted for publication in the journal Paleoceanography. Researchers from University of California Santa Cruz (UCSC) and elsewhere analyzed sediment cores from the Bering Sea that show...

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Buckingham Research Lowers Skechers USA Price Target to $55.00

2015-10-20 23:34:04| Footwear - Topix.net

Buckingham Research's price objective would indicate a potential upside of 18.31% from the stock's current price. In other news, CEO Robert Greenberg sold 200,000 shares of Skechers USA stock in a transaction that occurred on Friday, September 25th.

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