Form 8-K LAM RESEARCH CORP For: Oct 20
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S&P Reaffirms Ratings on Lam Research (LRCX) Amid Move to Acquire KLA-Tencor (KLAC)
October 21, 2015 11:01 AM EDTStandard & Poor's Ratings Services affirmed its 'BBB' corporate credit rating on Lam Research Corp. (Nasdaq: LRCX). The outlook is stable.
At the same time, we affirmed our 'BBB' issue-level ratings on the unsecured senior and convertible notes issued by Lam Research Corp.
In addition, we affirmed our 'BBB' corporate credit rating on KLA-Tencor Corp. The outlook is stable.
We also affirmed the 'BBB' issue-level rating on the company's unsecured term loan and senior notes. Upon closing, we expect to withdraw our corporate credit rating on KLA-Tencor and our issue-level... More
Lam Research (LRCX) Tops Q1 EPS by 11c; Issues Strong Q2 Outlook
October 21, 2015 6:13 AM EDTLam Research (NASDAQ: LRCX) reported Q1 EPS of $1.82, $0.11 better than the analyst estimate of $1.71. Revenue for the quarter came in at $1.6 million versus the consensus estimate of $1.6 billion.
Lam Research sees Q2 2016 EPS of $1.32-$1.52, versus the consensus of $1.30. Lam Research sees Q2 2016... More
