FBR Capital Remains Bullish on Methode Electronics (MEI) Following Announcements and EPS Beat
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Unusual 11 Mid-Day Movers 9/3: (KBIO) (PSEM) (MM) Higher; (JOY) (WPCS) (KERX) Lower
September 3, 2015 12:59 PM EDTKaloBios Pharmaceuticals (Nasdaq: KBIO) % HIGHER; seeing a big pop above its 50-day SMA, which is currently at 2.59. The stock is at its highest levels since July.
Pericom Semiconductor Corporation (Nasdaq: PSEM) 37.4% HIGHER; Diodes and Pericom Semiconductor announced that Diodes Incorporated and Pericom have entered into an Agreement and Plan of Merger that provides for the acquisition of Pericom by Diodes.
Millennial Media, Inc. (NYSE: MM) 29.5% HIGHER; AOL announced its continued... More
Pre-Open Stock Movers 08/03: (PSEM) (MM) (GERN) (LCI) Higher; (FIVE) (KERX) (JOY) Lower (more...)
September 3, 2015 9:29 AM EDTPericom Semiconductor (NASDAQ: PSEM) 39% HIGHER; Diodes (NASDAQ: DIOD) and Pericom Semiconductor Corporation (NASDAQ: PSEM) announced that Diodes Incorporated and Pericom have entered into an Agreement and Plan of Merger that provides for the acquisition of Pericom by Diodes. At the effective date of the merger, each share of Pericom will be converted into the right to receive $17.00 in cash, without interest.
Methode Electronics (MEI) Tops Q1 EPS by 6c
September 3, 2015 6:31 AM EDTMethode Electronics (NYSE: MEI) reported Q1 EPS of $0.60, $0.06 better than the analyst estimate of $0.54. Revenue for the quarter came in at $203.3 million versus the consensus estimate of $209.23 million.
Methode Electronics reaffirmed FY2016 guidance.
For earnings history and earnings-related data on Methode Electronics (MEI) click here.
... MoreTrading Radar for 9/3: Joy Global (JOY), Ciena (CIEN), Campbell Soup (CPB), Verifone (PAY), Infoblox (BLOX) Report
September 2, 2015 2:23 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
7:30am EDT
8:30am EDT
Initial Claims - Street sees 273kContinuing... More