Baird Cuts Price Target as ON Semiconductor (ON) Reports In-Line Results

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Susquehanna Remains Positive Despite ON Semiconductor's (ON) Conservative Outlook

February 8, 2016 3:33 PM EST

Susquehanna maintained a Positive rating on ON Semiconductor (NASDAQ: ON), and cut the price target to $12.00 (from $14.00), following the company's 4Q. ON reported revenue of $840 mln, down 7% Q/Q, slightly below consensus of $850 mln. EPS of $0.19 was in line with consensus. The company guided 2Q revenue to $820 mln at the midpoint, or down 2.4% Q/ Q, slightly below consensus of $840 mln.

Analyst... More

ON Semiconductor (ON) Reports In-Line Q4 EPS

February 8, 2016 6:10 AM EST

ON Semiconductor (NASDAQ: ON) reported Q4 EPS of $0.19, in-line with the analyst estimate of $0.19. Revenue for the quarter came in at $840.3 million versus the consensus estimate of $850.25 million.

FIRST QUARTER 2016 OUTLOOK

"Based upon product booking trends, backlog levels, and estimated turns... More

Trading Radar for 2/8: Hasbro (HAS), Loews (L), Wex, Inc. (WEX), Regal-Beloit (RBC), Yelp (YELP) Report

February 5, 2016 2:22 PM EST

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

Before Markets Open:
Earnings:

Boardwalk Pipeline Partners (NYSE: BWP) - no Street consensus
CNA Financial (NYSE: CNA) - consensus EPS $0.90
CTS Corp. (NYSE: CTS) - consensus EPS $0.25
Cognizant (Nasdaq: CTSH) - consensus EPS $0.78
Cryoport (Nasdaq:... More

ON Semiconductor (ON) Announces Extension of Tender for Fairchild Semiconductor (FCS)

February 4, 2016 6:15 AM EST

ON Semiconductor Corporation (Nasdaq: ON) announced that it has extended its previously announced tender offer to purchase all of the outstanding shares of common stock of Fairchild Semiconductor International Inc. (Nasdaq:... More