Technology

  • 1:55 PM

    Intel Corporation (INTC) reported another solid quarter and guidance (for third quarter & fiscal year 2014) as our fiscal year free cash flow per share estimation grows 12% to $2.25 (prior $2.04). Management decides to concentrate on larger capital return structure as cautious, improving balance sheet. Revenue growth is being led by key PCCG and

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  • 5:25 AM

    Akamai Technologies (AKAM, Outperform) could monetize nonstop growing internet traffic into larger revenue, was clearly reflected in its second quarter earnings results. Revenue increased by 26 percent to $476 million, was $3.1 million ahead of consensus expectations, driven by exceptional performance in Media delivery (accounted 45% of total revenue) and Performance & security solutions (accounted

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  • 2:48 PM

    While United Microelectronics (UMC, Hold) faces deep-rooted pricing stress due to competitive nature of foundry business, UMC posted another successful second quarter results which are in-line with consensus expectations. We raise our price target estimate to $2.50 and maintain ‘Hold’ rating. Revenue came in $1.20 billion, increased by 13 percent successively and growth from sales

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  • 11:45 PM

    Techne (NASDAQ: TECH) has acquired Novus Biologicals for $60 million in cash. The transaction was financed with cash on hand. Novus Biologicals is a Littleton, Colorado-based supplier of a large portfolio of both outsourced and in-house developed antibodies and other reagents for life science research. Their collection of greater than 250,000 high-quality products delivered through

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  • 11:44 PM

    Qualcomm Incorporated (Nasdaq: QCOM) announced that it has taken two major steps to enable the industry to deliver multi-gigabit wireless with 60 GHz technology for mobile, computing and networking devices. First, Qualcomm has completed its acquisition of Wilocity, a leader in development of 60 GHz wireless chipsets based on the IEEE 802.11ad standard, also known

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  • 11:42 PM

    SunEdison (NYSE: SUNE) completed its acquisition of a 50% ownership stake in Silver Ridge Power, LLC (“SRP”) from a subsidiary of The AES Corporation (NYSE: AES) for approximately $178.6 million in cash, after giving effect to certain pre-closing adjustments to the initial purchase price pursuant to the provisions of the acquisition agreement. Through its ownership

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  • 11:41 PM

    KVH Industries (NASDAQ: KVHI) announced that it has acquired Videotel, a producer of high-quality training films and e-Learning services for the commercial maritime industry. Servicing over 11,000 vessels, Videotel is a market leader in the provision of maritime training services, offering video, animation, e-Learning computer-based training (CBT), and interactive distance learning courses. “The acquisition of

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  • 11:37 PM

    Pegasystems (NASDAQ: PEGA) has completed the acquisition of Profeatable Corporation, the provider of Firefly co-browsing technology, based in Philadelphia, Pennsylvania. Terms of the deal were not disclosed. Pegasystems will unify Firefly’s cloud-based collaboration technology into its Build for Change platform and customer service and sales applications. This will enable organizations to enhance customer experience and

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