Jefferies Raises Price Target on Microchip Technology (MCHP) to $72 Following 2Q Beat
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Microchip Launches New Generation of 8-bit AVR® MCUs with Core Independent Peripherals
November 8, 2016 1:03 AM ESTCHANDLER, Ariz., Nov. 8, 2016 /PRNewswire/ -- (Electronica) Microchip Technology Inc. (NASDAQ: MCHP), a leading provider of microcontroller (MCU), mixed-signal, analog and Flash-IP solutions, today released a new generation of 8-bit tinyAVR MCUs. The four new devices range from 14 to 24 pins and 4 KB to 8 KB of Flash and are the first tinyAVR® microcontrollers to feature Core Independent Peripherals (CIPs). The new devices will be supported by Atmel START, an innovative online tool for... More
Industry's Lowest-Power Vehicle Access Solution for Smart Keys and Wearables
November 8, 2016 1:03 AM ESTCHANDLER, Ariz., Nov. 8, 2016 /PRNewswire/ -- (Electronica)Â -- The industry's lowest-power Passive Entry/Passive Start (PEPS) solution is now available from Microchip Technology Inc. (NASDAQ: MCHP), a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions. Microchip's ATA5700 and ATA5702 are primarily intended for use in battery-powered applications such as smart keys (i.e. PEPS) and complementary car access via mobile devices,... More
Microchip Technology Announces Record Financial Results For Second Quarter Fiscal Year 2017
November 7, 2016 4:15 PM ESTCHANDLER, Ariz., Nov. 7, 2016 /PRNewswire/ -- (NASDAQ: MCHP) - Microchip Technology Incorporated, a leading provider of microcontroller, mixed signal, analog and Flash-IP solutions, today reported results for the three months ended September 30, 2016 as summarized in the following table:
(in millions, except earnings per diluted share and percentages)
Three Months Ended September 30,... More
Microchip Technology Declares Quarterly Cash Dividend Of 36.05 Cents Per Share
November 7, 2016 4:15 PM ESTCHANDLER, Ariz., Nov. 7, 2016 /PRNewswire/ -- (NASDAQ: MCHP) Microchip Technology Incorporated, a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, today announced that its Board of Directors has declared a quarterly cash dividend on its common stock of 36.05 cents per share. The dividend is payable on December 5, 2016 to stockholders of record on November 21, 2016. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 50 times since its inception.
"Microchip achieved outstanding financial... More