Microchip Technology (MCHP) Raises Quarterly Dividend 0.1% to $0.3635; 1.6% Yield

Microchip Technology (MCHP) PT Raised to $116 at Stifel on 4Q18 Report; 'Solid Top-Line & Bottom-Line Beat'

Stifel raised its price target on Microchip Technology (NASDAQ: MCHP) to $116.00 (from $112.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst Kevin Cassidy notes a positive outlook on the shares, as MCHP reported 2018 fourth quarter earnings per share and... More

Microchip Technology (MCHP) Tops Q4 EPS by 6c, Offers Q1 Guidance

Microchip Technology (NASDAQ: MCHP) reported Q4 EPS of $1.40, $0.06 better than the analyst estimate of $1.34. Revenue for the quarter came in at $1 billion versus the consensus estimate of $984.8 million.

GUIDANCE:

Microchip Technology sees Q1 2019 EPS of $1.39-$1.49, versus the consensus of $1.43.... More

Microchip Technology (MCHP) Can't Confirm Report on China Ok for Microsemi (MSCC) Deal, Review Process is Running Smoothly - Reuters

Microchip Technology (NASDAQ: MCHP) Can't Confirm Report on China Ok for Microsemi (NASDAQ: MSCC) Deal, Review Process is Running Smoothly - Reuters

Pre-Open Movers 05/07: (ATHN) (GPT) (NOG) Higher; (XRAY) (EBIO) (TSN) Lower (more...)

Pre-Open Stock Movers

Athenahealth (NASDAQ: ATHN) 21% HIGHER; Elliott makes all-cash offer for $155-$160 per share - CNBC's Faber

Gramercy Property Trust (NYSE: GPT) 15.7% HIGHER; announced that it has entered into a definitive agreement with affiliates of Blackstone Real Estate Partners VIII, under which Blackstone will acquire all outstanding common shares of Gramercy for $27.50 per share in an all-cash transaction valued at $7.6 billion.

Northern Oil And Gas (NYSE: NOG) 13.7% HIGHER;... More

NXP Semiconductors (NXPI)/Qualcomm (QCOM) on Watch as Another Deal Gets Chinese Approval

NXP Semiconductors (NASDAQ: NXPI)/Qualcomm (NASDAQ: QCOM) shares are on watch today amid reports the Microsemi (NASDAQ: MSCC)/Microchip Technology (NASDAQ: MCHP) deal received Chinese approval.

NXPI/QCOM are still awaiting Chinese approval.

Microsemi (MSCC)/Microchip Technology (MCHP) Said to Get Chinese Approval - Bloomberg, Citing DealReporter

Microsemi (NASDAQ: MSCC)/Microchip Technology (NASDAQ: MCHP) Said to Get Chinese Approval - Bloomberg, Citing DealReporter