Susquehanna Raises Price target on Fairchild Semiconductor (FCS) Following 3Q Earnings

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FBR Capital Remains bullish on Fairchild Semiconductor (FCS) Following 3Q Earnings

October 15, 2015 2:32 PM EDT

FBR Capital reiterated an Outperform rating and $20.00 price target on Fairchild Semi (NASDAQ: FCS) following the company's 3Q15 earnings results. The company has failed to execute on its plan laid out last analyst day. However, takeover speculation may trump fundamentals in the near term after Bloomberg printed an article yesterday claiming Fairchild is actively... More

Fairchild Semiconductor (FCS) Reports In-Line Q3 EPS

October 15, 2015 7:30 AM EDT

Fairchild Semiconductor (NASDAQ: FCS) reported Q3 EPS of $0.20, in-line with the analyst estimate of $0.20. Revenue for the quarter came in at $342 million versus the consensus estimate of $344.63 million.

Demand was higher in mobile, enterprise and telecom markets but weaker than expected for China industrial, appliance andconsumer markets. Sales into the... More

Trading Radar for 10/15: Citi (C), Goldman Sachs (GS), AMD (AMD), UnitedHealth (UNH), Mattel (MAT) Report

October 14, 2015 3:13 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Jobless Claims - Street sees 269kCPI - Street sees (0.2%)Core CPI - Street sees 0.1%Empire Manufacturing - Street sees (8.0)

Earnings:

BB&T Corp. (NYSE: BBT) - consensus EPS $0.67
Blackstone (NYSE: BX) - consensus loss $0.29
Citigroup (NYSE: C) - consensus... More

Fairchild Semi (FCS) Deal Seen as 'Unlikely' at Deutsche Bank

October 14, 2015 2:31 PM EDT

Deutsche Bank maintained a Hold rating on Fairchild Semi (NASDAQ: FCS) with a price target of $15. Earlier shares advanced after Bloomberg reported that it hired Goldman Sachs to help it find a buyer amid discussions with potential suitors ON Semiconductor (NASDAQ:... More

Fairchild Semiconductor (FCS) Said Working with Goldman Sachs to Find Buyer

October 14, 2015 12:55 PM EDT

(Updated - October 14, 2015 1:00 PM EDT)

Fairchild Semiconductor (NASDAQ: FCS) said working with Goldman Sachs to find a buyer, according to Bloomberg.

UPDATE - According to sources,, Fairchild is also already in talks with potential suitors. ON Semi (Nasdaq:... More