All Posts Tagged With: "HIT"

(CEA) Semiconductor Update & Stock Review – Industry Outlook

The Semiconductor Industry serves as a driver, enabler and indicator of technological progress. Developments in the industry determine the way we work, transport ourselves, communicate, entertain ourselves and respond to our environment. The PCs we work on, the cars we drive,... 

29Jan2012 | | 0 comments | Continued

(WDC) Western Digital Clears Global Storage Technology Hurdle

Western Digital Corp. (WDC) is counting the days to wrap up the acquisition of Hitachi Ltd.’s (HIT) wholly owned subsidiary, Global Storage Technology (“HGST”). Last week, the top-tier hard disk drive (HDD) manufacturer received approval from the European Union (EU) that... 

30Nov2011 | | 0 comments | Continued

(MRGE) Merge Healthcare Unveils Cloud-based Platform

Recently, Merge Healthcare (MRGE) showcased its new cloud-based platform ‘Merge Honeycomb’ along with its first application in the cloud, namely ‘free image sharing’ at the Radiological Society of North America (RSNA). This application enables users to upload, download,... 

30Nov2011 | | 0 comments | Continued

(SSD) Analyst Sees a Softer Market for Hard Drives

One of the most important components of modern-day consumer electronic devices, such as PCs, laptops, notebooks, tablets, pen drives, cameras or iPods often goes unsung. This is because storage capacity is such an essential part of these devices that we practically forget to... 

8Oct2011 | | 0 comments | Continued

(MU) Micron Technology Announces Self-Encryption Secures RealSSD C400

Micron Technology Inc. (MU) recently unveiled the newest version of RealSSD C400 with a Self-Encrypting Drive (SED). The latest iteration of the highly coveted solid state drive (SSD) is the memory chip manufacturer’s means to woo desktop and laptop users. Released in January... 

23Sep2011 | | 0 comments | Continued

(TEN) Tenneco Incorporated Analyst Remains Neutral

We reiterate our Neutral recommendation on Tenneco Inc. (TEN), which is a leading manufacturer and supplier of emission control, ride control systems, and systems for the automotive original equipment manufacturers (OEMs) and the aftermarket. Tenneco Inc. released its 2011 first... 

11Jul2011 | | 0 comments | Continued

(SNE) Japan Showing Signs of Life After the Quake

by Justin Dove, Investment U Research Wednesday, June 22, 2011 The Great East Japan Earthquake shook up Japanese electronics manufacturers like Sony (NYSE: SNE), Hitachi (NYSE: HIT) and Panasonic (NYSE: PC) in March. And things haven’t turned around yet. Sony’s stock is... 

22Jun2011 | | 0 comments | Continued

(EMR) Emerson Electric Underperforms Estimates

Emerson Electric Company (EMR) released its second quarter 2011 earnings results before the opening bell today, reporting earnings per share from continuing operation of 73 cents, below the Zacks Consensus Estimate of 75 cents. Earnings for the quarter were up 38% year over year. Total... 

3May2011 | | 0 comments | Continued

(AMAT) Stock Market News for March 8, 2011 – Market News

Markets continued to stay in the red as concerns over oil supplies and mounting unrest in Libya further pushed up crude prices. To add to the woes of investors, the semiconductor index was downgraded which eventually led to technology stocks sliding lower. The fear gauge CBOE... 

8Mar2011 | | 0 comments | Continued

(AHD) Company News for March 08, 2011 – Corporate Summary

• Ciena Corp. (NASDAQ:CIEN) reported a Q1 loss of $0.14 per share, lower than the Zacks Consensus Estimate of a loss of $0.30 per share • Urban Outfitters (NASDAQ:URBN) reported Q4 EPS of $0.45, lower than the Zacks Consensus Estimate of $0.52 per share. Revenues for the... 

8Mar2011 | | 0 comments | Continued

(HIT) Merge Healthcare Announces Seven New Contracts for Clinical Trials

With an aim to strengthen its position in the health IT (HIT) market, Merge Healthcare (MRGE) has taken up seven new contracts for its clinical trials solutions. In this regard, the company signed a deal with North Carolina based Cato Research Ltd., a Contract Research Organization... 

15Feb2011 | | 0 comments | Continued

(MRGE) Merge Healthcare Analyst Upgrades Shares to Outperform

We have recently upgraded Merge Healthcare (MRGE) to Outperform with a target price of $4.75. Merge reported revenues of $45.2 million, up 167.5% from $16.9 million in the year-ago period. Results for the reported quarter include sales of AMICAS, which was acquired in April 2010.... 

6Dec2010 | | 0 comments | Continued

(EMR) Emerson Electric’s Quarterly Earnings Underperforms Estimate

Emerson Electric Co.’s (EMR) third quarter 2010 earnings result, released before the opening bell today, were below the Zacks Consensus Estimate on the top and bottom line. Earnings per share from continuing operations of 75 cents increased 12% year over year, but underperformed... 

3Nov2010 | | 0 comments | Continued

(ORCL) Oracle’s First Quarter Earnings Beat – Firm Guides Up

Oracle Corp.’s (ORCL) first quarter 2011 earnings and revenues easily outpaced the Zacks Consensus Estimates on the back of strong new software license (sales to new customers) sales and growth in hardware sales, boosted by the acquisition of Sun Microsystems in January this... 

17Sep2010 | | 0 comments | Continued

(EMR) Emerson Electric Launches New “Ridgid” Laptops

A business unit of Emerson Electric Co. (EMR), Ridgid, engaged in the manufacture of innovative tools, equipment and video inspection devices, has introduced a group of hardy laptops and convertible tablet PCs. The innovative products, by Ridgid, are designed on Dell Inc.’s... 

29Aug2010 | | 0 comments | Continued

(AMSC) American Superconductor Acquires 25% of Blade Dynamics

Power technology company American Superconductor Corporation (AMSC) acquired a 25% stake in Blade Dynamics Ltd. for $8 million in cash, and will have one seat on the Blade Dynamics Board of Directors. Blade Dynamics Ltd. is a designer and manufacturer of advanced wind turbine... 

18Aug2010 | | 0 comments | Continued

(IBM) IBM Keeps Lead in Most U.S. Patents Granted

International Business Machines Corp. (IBM) announced that it has been granted the highest number of U.S. patents than any other company in 2009. IBM received 4,914 U.S. patents in 2009, the highest for the 17th consecutive year, outperforming other innovative companies, according... 

13Jan2010 | | 0 comments | Continued

(PC) Panasonic Premieres Full HD Video Conference System

Panasonic Corp. (PC) has launched its new HD Visual Communications System at the Consumer Electronics Show in Las Vegas. This new device is expected to be useful for enterprises looking to enhance productivity, without incurring substantial incremental costs. The full HD video... 

5Jan2010 | | 0 comments | Continued

(KEP) Korea Electric Power Wins United Arab Emirates Deal

Korea Electric Power Corp. (KEP) led consortium has won a $20.4 billion contract for developing a civilian nuclear program for the United Arab Emirates. Other members of the Korea Electric Power consortium are Hyundai Engineering and Construction, Samsung and Doosan Heavy Industries.... 

28Dec2009 | | 0 comments | Continued

(PC) SANYO Electric Co Now Panasonic Subsidiary

Upon completion of the acquisition of SANYO Electric Co Ltd. , a manufacturer and seller of electronic equipment and rechargeable batteries, Panasonic (PC), a leading manufacturer of electronic and electrical products, systems and components, today announced changes to its subsidiaries... 

22Dec2009 | | 0 comments | Continued

(PC) Panasonic Takes Over SANYO Electric Co Ltd

Panasonic Corp. (PC) announced the acquisition of SANYO Electric Co Ltd. (SANYY), which will bring greater expertise in two areas – batteries and solar panels. Sanyo is a leading company in the rechargeable battery business focused on lithium-ion rechargeable batteries. Panasonic... 

11Dec2009 | | 0 comments | Continued

(EMR) Emerson Electric Beats Earnings Consensus

Emerson Electric Co. (EMR) reported fourth-quarter earnings per share from continuing operations of 67 cents per share, higher than the Zacks Consensus Estimate of 60 cents. Sales for the fourth quarter ended September 30, 2009 of $5.3 billion, a decrease of 21% from the $6.7... 

25Nov2009 | | 0 comments | Continued

(PC) Panasonic Begins Tender for Sanyo Electric Co

Panasonic Corp. (PC) provided another update on the acquisition of SANYO Electric Co Ltd. (SANYY) at its Board Meeting held on Nov 4, 2009. The company announced the start of its tender offer to acquire 3.1 billion shares of SANYO (or more than 50% of the company’s total shares)... 

8Nov2009 | | 0 comments | Continued

(PC) Panasonic to Restructure Motor Company Division

Panasonic Corp. (PC) plans to restructure its division, Motor Company in April 2010 to enhance growth potential and strengthen its management structure. Upon completion of the restructuring, the motor company will be dissolved. Panasonic will reorganize and integrate its Home... 

4Nov2009 | | 0 comments | Continued

(SUPX) Margins Shrink at Supertex

Supertex Inc. (SUPX) recently reported revenues of $15.9 million in its fiscal second quarter, down 32% year over year but up 17% sequentially. The sequential increase in revenues was driven by growth in LED driver products for lighting and backlighting, medical electronics products,... 

27Oct2009 | | 0 comments | Continued

($OPXT) Opnext Expands 40Gbps Product Portfolio

Opnext Inc. (OPXT) recently announced two additions to the company’s 40Gbps product portfolio. The company stated that the new DQPSK modules for DWDM transmission and its new compact VSR modules for client applications will respond better to customer demand for longer reach... 

3Oct2009 | | 0 comments | Continued

(PC) Panasonic Still Awaits Regulatory Approval to Aquire SANYO Electric Co

Panasonic Corp. (PC), one of the leading manufacturers of electronic and electrical products, systems and components, recently said that it is still waiting for regulatory approval for acquiring SANYO Electric Co Ltd. (SANYY). Panasonic entered into a capital and business alliance... 

2Sep2009 | | 0 comments | Continued

(HIT) NEC Electronics and Renesas Merger Held Up Again?

Kawasaki-based NEC Electronics Corp. and Renesas Technology Corp. (a joint venture between Hitachi Ltd. (HIT) and Mitsubishi Electric Corp.) pushed back the proposed merger of their business operations until the end of September for the second time this year. Due to a delay in... 

27Aug2009 | | 0 comments | Continued

(EMC) Initiating Coverage on EMC with Neutral Stance

We are initiating coverage of EMC Corporation (EMC) with a Neutral rating and a $16 price target. Our rating is based on the following thesis: EMC holds a leadership position in the storage hardware and software segment. The information storage business is EMC’s largest segment... 

19Aug2009 | | 0 comments | Continued