GT Advanced Technologies (GTAT) Rating Suspended at Cowen
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Apple (AAPL) Will Likely Take Possession of GT Advanced's (GTAT) Sapphire Plant, Equipment and IP - Analyst
October 7, 2014 10:31 AM EDTIn today's price target hike report on Apple (NASDAQ: AAPL) Susquehanna analyst Chris Caso also weighed in on the GT Advanced Technologies (NASDAQ: GTAT) bankruptcy.
Caso expects Apple to be a... More
Apple (AAPL) May Have Pushed GT Advanced Tech (GTAT) Into Bankruptcy
October 6, 2014 5:16 PM EDTRaymond James analyst Pavel Molchanov, who had an Underperform rating on the stock going into today's bankruptcy, discussed GT Advanced Tech (NASDAQ: GTAT) saying the filing implies a breakdown of the relationship with Apple (NASDAQ: AAPL).
"GT stunned the market (and us) today by announcing that it is filing for Chapter 11 bankruptcy protection," Molchanov commented. "The reasons have yet to be clarified - presumably the company will have to provide more detail when its formal bankruptcy filings become public. But it seems abundantly clear that there was a... More
GT Advanced Technologies (GTAT) Rating Suspended at Goldman Sachs
October 6, 2014 1:46 PM EDTGoldman Sachs suspended coverage on GT Advanced Technologies (NASDAQ: GTAT) after it filed bankruptcy court protection under chapter 11.
... MoreApple Supplier GT Advanced Technologies (GTAT) Files for Ch. 11 Bankruptcy
October 6, 2014 10:10 AM EDTApple's (Nasdaq: AAPL) sapphire supplier GT Advanced Technologies (Nasdaq: GTAT) announced that it had, together with certain of its direct and indirect subsidiaries (collectively, GT), commenced voluntary cases under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of New Hampshire. GT expects the court will authorize the company to continue to conduct business as usual while it devotes renewed efforts to resolve its current issues and develops a reorganization plan.
GT indicated that as of September 29, 2014 it had... More
