Mindspeed Technologies (MSPD) Surges after Hiring Banker for a Possible Sale
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UPDATE: Mindspeed (MSPD) Could Fetch $5/Share in Sale, Craig-Hallum Raises to Buy
May 1, 2013 8:08 AM EDT(Updated - May 1, 2013 9:09 AM EDT)
Craig-Hallum upgraded Mindspeed Technologies (NASDAQ: MSPD) from Hold to Buy with a price target of $5.00 (from $3.00). Yesterday it was learned that Mindspeed retained Morgan Stanley & Co. LLC as financial advisor to assist in evaluating various strategic... More
Mindspeed Technologies, Inc. (MSPD) Misses Q2 EPS by 2c, Provides Outlook; Hires Morgan Stanley to Review Strategic Alternatives
April 30, 2013 4:57 PM EDTMindspeed Technologies, Inc. (NASDAQ: MSPD) reported Q2 EPS of ($0.02), $0.02 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $35.4 million versus the consensus estimate of $38.25 million.
Mindspeed forecasts total net product revenue in the fiscal third quarter of 2013 to be... More
