STMicroelectronics N.V. (STM) Tops Q1 EPS by 2c

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STMicroelectronics (STM) Executing Well, Benefiting form Improving Macro - Baird

April 29, 2014 1:23 PM EDT

Baird analyst Tristan Gerra reiterated an Outperform rating on STMicroelectronics (NYSE: STM) and boosted his price target to $11.00 (from $10.00) following Q1 results which showed improving macro, solid execution.

Gerra commented, "ST reiterated its gross and operating margin targets, and seems to... More

STMicroelectronics N.V. (STM) Promotes Jean-Marc Chery to COO

April 28, 2014 5:20 PM EDT

STMicroelectronics (NYSE: STM) announced the appointment of Jean-Marc Chery as Chief Operating Officer. Chery currently serves as Executive Vice President and General Manager, Embedded Processing Solutions (EPS). He will continue to report to Carlo Bozotti, ST's President and Chief Executive Officer.

In this new role, Chery will continue to hold overall responsibility for EPS as well as for... More