Atmel Board Determines That Microchip Unsolicited Proposal Constitutes a "Company Superior Proposal"

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Wedbush Remains Neutral as Atmel Corp (ATML) Dumps Dialog for Microchip (MCHP)

January 14, 2016 9:29 AM EST

Wedbush maintained a Neutral rating on Atmel (NASDAQ: ATML), and cut the price target to $8.00 (from $9.00), as the company's Board determines that Microchip Technology's (NASDAQ: MCHP) proposal to acquire ATML constitutes a "Superior Proposal" to its merger... More

Raymond James Downgrades Atmel (ATML) to Market Perform

January 14, 2016 8:22 AM EST

Raymond James downgraded Atmel (NASDAQ: ATML) from Strong Buy to Market Perform and removed its price target.

For an analyst ratings summary and ratings history on Atmel click here. For more ratings news on Atmel click here.

Shares of Atmel closed at $7.96 yesterday.

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Atmel Corp's (ATML) Prelim. Q4 Results Fall Short of Consensus

January 13, 2016 5:32 PM EST

Atmel® Corporation (NASDAQ: ATML), a leader in microcontroller and touch solutions, today announced that it expects the following fourth quarter 2015 results:

Revenue is expected to be between $261 and $262 million, compared to the original outlook of $266 to $286 million. The lower revenue was the result of weaker than expected billings, primarily in Asia, as... More