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Showing posts with label LSCC. Show all posts
Showing posts with label LSCC. Show all posts

Friday, February 15, 2019

This week's biggest % winners & losers : Feb. 11 - 15, 19 (wk 7)

The following are this week's top percentage gainers and losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top 20 % gainers
  • Healthcare: GH (51.07 +27.93%), TNDM (51.50 +21.78%)
  • Materials: IPI (3.81 +22.12%), TROX (10.98 +22%), NGVT (111.18 +20.62%)
  • Industrials: TNET (60.97 +32.63%), BSTI (5.89 +24.26%)
  • Consumer Discretionary: UXIN (4.05 +25.78%), SNBR (43.07 +24.16%), AXL (16.83 +22.4%)
  • Information Technology: LSCC (11.08 +39.37%), RAMP (52.64 +20.05%), DIOD (42.08 +19.95%)
  • Energy: STNG (19.77 +26.81%), DNR (2.15 +25.73%), NGL (13.66 +25.67%), PDS (2.45 +25.64%), FTSI (9.9 +24.53%), PDCE (38.24 +24.08%), CRC (21.5 +22.09%)
This week's top 20 % losers
  • Healthcare: INO (3.70 -19.74%), ALLK (34.85 -13.01%), AMN (55.54 -11.15%), BKD (7.04 -9.86%), GRTS (11.62 -9.78%)
  • Consumer Discretionary: NWL (17.16 -16.66%), SIX (54.74 -13.4%), HMHC (8.81 -11.28%), GOOS (50.11 -10.84%)
  • Information Technology: QLYS (80.69 -14.57%), SVMK (12.35 -12.29%), LOGM (82.87 -11.82%), AQ (8.33 -10.81%), QIWI (14.29 -10.35%), AVYA (15.92 -10.21%), NTGR (35.6 -9.48%)
  • Financials: ONDK (5.75 -20.25%), BCOR (27.43 -11.57%)
  • Energy: MDR (7.23 -18.95%)

Tuesday, February 12, 2019

Lattice Semiconductor (LSCC) reported earnings on Tue 12 Feb 19 (a/h)

** charts before earnings **







** charts after earnings **






Chipmaker Lattice Semiconductor (LSCC) late Tuesday beat Wall Street's target for sales in the fourth quarter and matched views on earnings. Lattice stock jumped in extended trading.

The Portland, Ore.-based company earned an adjusted 8 cents a share on sales of $96 million in the December quarter. Analysts expected Lattice earnings of 8 cents a share on sales of $95.1 million. In the year-earlier period, Lattice earned 1 cent a share on sales of $95.3 million.

Lattice stock surged 8% higher to 8.80 in after-hours trading on the stock market today. During the regular session, it rose 2.9% to 8.18.

Lattice stock broke out of a cup-with-handle base at a buy point of 7.83 on Jan. 25. It has remained in the buy zone since then.

Focus On Programmable Logic Chips
For the current quarter, Lattice expects revenue of $94 million to $98 million, topping forecasts. It did not give a target for earnings per share.

Wall Street was modeling Lattice earnings of 7 cents a share on sales of $93.7 million in the March quarter. In the year-earlier period, Lattice earned 5 cents a share on sales of $98.6 million.

"Despite uncertainty in the current macroeconomic climate, we are positioned to benefit over the long term from multiple catalysts in our business, including growth in computing, industrial and automotive, and the global 5G buildout," Chief Executive Jim Anderson said in a news release. "We are excited about 2019 as we unlock additional value for the company and its shareholders."

In 2018, Lattice completed a strategic repositioning that focused the company on its profitable programmable logic chip business. It also improved efficiencies across its global operations last year.

Monday, February 11, 2019

Earnings this week : Feb. 11 - 15, 2019 (wk 7)

Earnings confirmed to report this week:

Monday (Feb 11)
  • Morning: CNA DO GPRE KMPR L MCY MDP MPAA NSP QSR
  • Afternoon: AMBR, AMKR ACB BHF BRS BRX BRKR CHGG CMP ROAD DCP ELVT RE FARM FMC RAMP MIME MOH MGI LABL NWE OHI OMF PYX RNG VRNS VECO VNO 
Mon pm/Tue am (vol): https://finviz.com/screener.ashx?v=211&t=AMBR,AMKR,ACB,BHF,BRS,BRX,BRKR,CHGG,CMP,ROAD,DCP,ELVT,RE,FARM,FMC,RAMP,MIME,MOH,MGI,LABL,NWE,OHI,OMF,PYX,RNG,VRNS,VECO,VNO,AYR,ARCC,FIS,HUN,IPGP,JLL,MLM,MDSO,TAP,NNN,NP,NRZ,OMC,ONDK,SABR,SHOP,STE,TOWR,UAA,USFD,WEC,WELL&ta=0&o=-volume

Tuesday (Feb 12)
  • MorningAYR ARCC FIS HUN IPGP JLL MLM MDSO TAP NNN NP NRZ OMC ONDK SABR SHOP STE TOWR UAA USFD WEC WELL 
  • Afternoon: ACGL AIZ AKAM AQ ATVI AVLR BFAM BXMT CNO CRAY CSOD DEI DENN EXEL GRPN HUBS IRTC JCOM KRNT LSCC MPWR OXY QLYS QUOT REXR RPAI RRR SHO SPSC TRIP TWLO UDR UIS
Tue pm/Wed am (vol):  https://finviz.com/screener.ashx?v=211&ta=0&o=-volume&t=ACGL,AIZ,AKAM,AQ,ATVI,AVLR,BFAM,BXMT,CNO,CRAY,CSOD,DEI,DENN,EXEL,GRPN,HUBS,IRTC,JCOM,KRNT,LSCC,MPWR,OXY,QLYS,QUOT,REXR,RPAI,RRR,SHO,SPSC,TRIP,TWLO,UDR,UIS,AB,ACCO,BABY,BKI,CAMT,CBM,CBRE,CBZ,CEVA,CFX,CIGI,CIM,CRL,CRTO,CVE,DBD,DISH,ECOM,FLIR,FUN,GLPI,GOLD,GPN,HLT,IPG,IRWD,KELY-A,LAD,LPX,LXFT,NVMI,TECK,TEVA,TMHC,WH

Wednesday (Feb 13)
  • MorningAB ACCO BABY BKI CAMT CBM CBRE CBZ CEVA CFX CIGI CIM CRL CRTO CVE DBD DISH ECOM FLIR FUN GLPI GOLD GPN HLT IPG IRWD KELY.A LAD LPX LXFT NVMI TECK TEVA TMHC WH 
  • Afternoon: AIG AKR AMGP ANDE AR ARES ARI ASGN BAND BCOV BKD CF CHEF CPA CRY CSCO CTL CTRE CXP DIOD DVA EQC EQIX FCPT FNF FOSL FR FRT H HCP HR IFF IVC KAI KGC LPI MFC MGM MRO NGVT NLY NPO NTAP NUS OII OIS PGRE PPC PRSP PS PXD QDEL QTWO REG RYAM SKT SLF SNBR SPWR STAG SVMK SWIR TCO TCX TRUP TSE VNDA WCN WMB YELP

Thursday (Feb 14)
  • Morning: AAN AEE AER AGIO ALE ALKS ARCH AVP AZN BAM BCOR BGCP BLMN BWA CBB CCEP CME COWN CYBR DGX DNOW DUK EEX EPAM EQM EQT FAF GEO GLOG GNRC GOOS GTLS HII HPP INCY IQV IRM KO LECO MANU MGP MTRN NICE NSIT PATK PBF PBFX PDS POOL PPL R SIX SMI SMP SON STFC STNG THS TPX TRP TRTN TRU TU VMC WLH WM WSO WST YETI ZBRA ZTS
  • Afternoon: AEM AIRG AMAT AMN ANET AUY BL CBS CC CGC CGNX CPS CVA ELLI GLOB HTA INVH  LOGM  MERC MRC MX NVDA PDFS RDFN RWT SPXC SSNC TLND TNET TREX TRUE VICI WES WGP WRE XPO 

Friday (Feb 15)
  • Morning: ABR AXL CHH CPSI DAN DE TSX:ENB FTS MCO NWL PEP POR SXT TYPE WBC YNDX ZEUS

Wednesday, September 13, 2017

President Trump bars Chinese firm from buying U.S. chipmaker Lattice (LSCC)

Lattice Semi and Canyon Bridge Capital Partners terminate merger agreement 
  • Lattice Semiconductor announced the termination of the acquisition by Canyon Bridge Capital Partners, of Lattice Semiconductor following an order from the President of the United States.
  • The Committee on Foreign Investment in the United States referred the transaction with Canyon Bridge to the U.S. President for a decision, having been unable to come to an agreement with the parties on mitigation measures.
  • After consideration, the President prohibited the proposed transaction on the recommendation of CFIUS in an executive order dated September 13.


** chart before announcement **

(Reuters) - U.S. President Donald Trump blocked a Chinese-backed private equity firm from buying a U.S.-based chipmaker on Wednesday, sending a clear signal to Beijing that Washington will oppose takeover deals that involve technologies with potential military applications.
Canyon Bridge Capital Partners' planned $1.3-billion acquisition of Lattice Semiconductor Corp (LSCC) was one of the largest attempted by a Chinese-backed firm in the U.S. microchip sector and was the first announced deal for the buyout fund, which launched last year with a focus on technology investment.
U.S. regulatory scrutiny grew after Reuters reported in November that Canyon Bridge was funded partly by capital from China's central government and had indirect links to its space program.
U.S. defense officials subsequently raised concerns about the Lattice acquisition by a firm backed by the Chinese government.
Portland, Oregon-based Lattice makes chips known as field-programmable gate arrays, which allow companies to put their own software on silicon chips for different uses. It said it no longer sells chips to the U.S. military, unlike its two biggest rivals, Xilinx Inc (XLNX) and Intel Corp's (INTC) Altera.
Trump said in an executive order that Lattice and Canyon Bridge "shall take all steps necessary to fully and permanently abandon the proposed transaction" within 30 days.
Trump's decision chimes with the views of the Committee on Foreign Investment in the United States (CFIUS), which scrutinizes deals for potential national security threats.

Thursday, November 3, 2016

Lattice Semiconductor (LSCC) to be acquired by Canyon Bridge


  • Lattice Semiconductor (LSCC) to be acquired by Canyon Bridge for $1.3 billion or $8.30 per share. (3 Nov 2016)
  •     





    (Reuters) - Programmable-chip maker Lattice Semiconductor Corp said it is being bought by private equity buyout firm Canyon Bridge Capital Partners for $1.3 billion, the latest deal in the consolidating chip sector.

    Shares of Lattice soared nearly 27 percent to $8.04 in premarket trading on Thursday.

    The $8.30 per-share cash offer, which includes debt, is at a 30.3 percent premium to Lattice's Wednesday close of $6.37.

    Portland, Oregon-based Lattice makes programmable chips used in the fast-growing market for connected cars, making it an attractive target for the buyout firm.

    Qualcomm Inc said last week it would buy NXP Semiconductors NV for about $38 billion as it sought to become the leading supplier to the automotive chips market.

    Morgan Stanley & Co LLC was Lattice's financial adviser, with Skadden, Arps, Slate, Meagher & Flom LLP as its legal adviser.

    Lazard was financial adviser to Canyon Bridge and Jones Day provided legal advice.

    The deal, which has been approved by both the companies, is expected to close in early 2017.