Orbotech (ORBK) Cuts FY12 Outlook; Cites PCB Sales Weakness

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Needham & Company Downgrades Orbotech Ltd. (ORBK) to Hold after Lower Guidance

October 10, 2012 8:32 AM EDT

Needham & Company downgraded Orbotech Ltd. (NASDAQ: ORBK) from Buy to Hold after the company revised expectations.

The firm said while expense reduction could provide upside to revised EPS estiamtes, the demand outlook will likely remain unsettled.

For an analyst... More

Orbotech (ORBK) to resume trading at 10:00am ET

October 9, 2012 9:34 AM EDT

Orbotech Ltd (Nasdaq: ORBK) to resume trading at 10:00am EDT.... More