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IFNNY

Infineon

$17.97

0.01 (0.06%)

, PHG

Philips

$29.51

0.17 (0.58%)

07:20
10/11/16
10/11
07:20
10/11/16
07:20

Infineon buys fabless semiconductor company Innoluce BV; terms not disclosed

Infineon Technologies (IFNNY) has acquired 100% of Innoluce BV, a fabless semiconductor company headquartered in Nijmegen. Based on the know-how of Innoluce, Infineon will develop chip components for high-performance lidar systems. Both companies agreed on confidentiality on the terms. Innoluce was founded in 2010 as an entrepreneurial spin-off of Royal Philips (PHG). It is a fabless semiconductor company headquartered in Nijmegen, The Netherlands, near the Dutch-German border. The company has a strong expertise in micro-electro-mechanical systems. Innoluce is an innovator of miniature laser scanning modules that integrate silicon-based solid-state MEMS micro-mirrors.

IFNNY

Infineon

$17.97

0.01 (0.06%)

PHG

Philips

$29.51

0.17 (0.58%)

IFNNY Infineon
$17.97

0.01 (0.06%)

06/22/16
BERN
06/22/16
NO CHANGE
BERN
Infineon to benefit from proliferation of electric cars, says Bernstein
Bernstein says that Infineon is "ideally positioned" to benefit from the increasing popularity of electric cars. The firm explains that electric cars need multiple times more semiconductors than traditional vehicles.. It says that Infineon's low production cost and technology advantages make it "ideally positioned" to exploit this trend. The firm keeps an Outperform rating on the shares.
07/15/16
BERN
07/15/16
NO CHANGE
BERN
Infineon acquisition positive, says Bernstein
After Infineon (IFNNY) agreed to buy Cree's (CREE) Wolfspeed division ,Bernstein says the deal "appears expensive at first." However, the firm, reporting that the unit has double the growth of all of Infineon's divisions, says that the transaction will enable the company "to secure growth for decades to come in power semiconductors." It keeps an Outperform rating on the stock.
08/03/16
UBSW
08/03/16
DOWNGRADE
UBSW
Neutral
Infineon downgraded to Neutral from Buy at UBS
09/12/16
BERN
09/12/16
NO CHANGE
BERN
Infineon can double earnings power by 2021, says Bernstein
Bernstein analyst Pierre Ferragu says that Infineon can double its earnings power over the next three to five years. The company is "uniquely exposed" to "semiconductor sweet spots" in the auto and industrial markets, and it should benefit from margin increases and share gains over the next several years, according to the analyst. Ferragu keeps an EUT17 and Outperform rating on the shares.
PHG Philips
$29.51

0.17 (0.58%)

08/10/16
UBSW
08/10/16
UPGRADE
UBSW
Buy
Philips upgraded to Buy from Neutral at UBS
08/10/16
UBSW
08/10/16
UPGRADE
UBSW
Buy
Philips upgraded to Buy at UBS
As reported previously, UBS raised Phillips to Buy from Neutral. The firm sees reason for optimism for investors, citing management's targets for margin growth, improved momentum in two key divisions, and the company's position in businesses that are likely to benefit from the secular shift toward value based care.
08/10/16
08/10/16
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Disney (DIS) upgraded to Outperform from Neutral at Macquarie with analyst Tim Nollen saying he thinks Disney owning this technology gives it commanding position on future content viewership as Bam Tech is a premier OTT streaming technology, allowing Disney to connect directly with consumers. 2. Coach (COH) upgraded to Neutral from Underperform at BofA/Merrill with analyst Lorraine Hutchinson saying management guided margins to 18.5-19%, in line with her 18.5% estimate, reflecting a strategic reduction in the wholesale business, thinks more realistic EBIT targets indicates management has de-risked its outlook, and expects consensus estimates to move towards hers. 3. Philips (PHG) upgraded to Buy from Neutral at UBS with the firm citing management's targets for margin growth, improved momentum in two key divisions, and the company's position in businesses that are likely to benefit from the secular shift toward value based care. 4. Yelp (YELP) upgraded to Outperform from Market Perform at Raymond James, to Neutral from Underperform at BofA/Merrill, to Buy from Hold at Axiom, and to Buy from Neutral at Mizuho. 5. General Dynamics (GD) upgraded to Outperform from Market Perform at Bernstein with Douglas Harned saying shares of General Dynamics are valued at a larger discount to other prime contractors than it has been in the last 14 years and overly discounts weakness in the large cabin business jet market. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/23/16
JEFF
08/23/16
DOWNGRADE
Target $58
JEFF
Underperform
ResMed cut to Underperform at Jefferies as peer seen closing gap
As previously reported, Jefferies analyst Anthony Petrone downgraded ResMed (RMD) to Underperform from Hold, noting that the firm's survey and expert calls indicate that those in the field see the company's AirSense10 as still "best-in-class," but Philips' (PHG) Dream has closed the gap while being priced at a discount. Lower Medicare rates that just became effective are pressuring private rates and are seen leading to further consolidation and price pressure, the analyst added. Petrone cut his price target on ResMed shares to $58 from $60.

TODAY'S FREE FLY STORIES

LNKD

LinkedIn

, MSFT

Microsoft

$61.37

1.42 (2.37%)

14:58
12/08/16
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14:58
Hot Stocks
NYSE informs SEC of plans to delist LinkedIn stock after Microsoft deal closing »

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LinkedIn

MSFT

Microsoft

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PVTB

PrivateBancorp

$52.39

0.25 (0.48%)

, CM

CIBC

$84.66

0.96 (1.15%)

14:55
12/08/16
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14:55
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14:55
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PrivateBancorp at highs as report claims third party approach »

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PVTB

PrivateBancorp

$52.39

0.25 (0.48%)

CM

CIBC

$84.66

0.96 (1.15%)

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  • 08

    Dec

AVGO

Broadcom

$168.55

3.79 (2.30%)

14:49
12/08/16
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14:49
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14:49
Options
Broadcom options imply 6.8% move in share price post-earnings, below median historical move »

Pre-earnings options…

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  • 08

    Dec

SPWR

SunPower

$7.95

0.99 (14.22%)

14:45
12/08/16
12/08
14:45
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14:45
Options
SunPower call volume above normal and directionally bullish »

Bullish option flow…

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FNSR

Finisar

$32.24

0.51 (1.61%)

14:43
12/08/16
12/08
14:43
12/08/16
14:43
Technical Analysis
Finisar technical comments ahead of earnings news, potential bearish pattern »

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  • 08

    Dec

MBLY

Mobileye

$35.64

-1.735 (-4.64%)

14:40
12/08/16
12/08
14:40
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14:40
Recommendations
Mobileye analyst commentary  »

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  • 08

    Dec

  • 10

    Jan

MGNX

MacroGenics

$26.47

-1.77 (-6.27%)

14:40
12/08/16
12/08
14:40
12/08/16
14:40
Conference/Events
MacroGenics to host research and development day »

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  • 13

    Dec

14:40
12/08/16
12/08
14:40
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14:40
General news
FOMC Forecast revisions »

FOMC Forecast revisions…

AZO

AutoZone

$811.19

1.315 (0.16%)

, ORLY

O'Reilly Automotive

$285.20

7.52 (2.71%)

14:39
12/08/16
12/08
14:39
12/08/16
14:39
Hot Stocks
Icahn negative on automotive replacement retailers »

Carl Icahn, while…

AZO

AutoZone

$811.19

1.315 (0.16%)

ORLY

O'Reilly Automotive

$285.20

7.52 (2.71%)

AMZN

Amazon.com

$770.42

5.7 (0.75%)

AAP

Advance Auto Parts

$177.03

0.25 (0.14%)

03/08/13
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  • 14

    Dec

ESRX

Express Scripts

$75.85

-0.88 (-1.15%)

, VRX

Valeant

$15.54

0.455 (3.02%)

14:38
12/08/16
12/08
14:38
12/08/16
14:38
Hot Stocks
Express Scripts denies being anything 'like Philidor' »

Contacted by The Fly to…

ESRX

Express Scripts

$75.85

-0.88 (-1.15%)

VRX

Valeant

$15.54

0.455 (3.02%)

03/08/13
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  • 13

    Dec

  • 14

    Dec

  • 16

    Feb

DAL

Delta Air Lines

$51.69

0.59 (1.15%)

14:36
12/08/16
12/08
14:36
12/08/16
14:36
Conference/Events
Delta Air Lines to host investor meeting »

Investor Day to be held…

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  • 15

    Dec

MTN

Vail Resorts

$161.72

-1.01 (-0.62%)

14:36
12/08/16
12/08
14:36
12/08/16
14:36
Earnings
Notable companies reporting before tomorrow's open »

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  • 08

    Dec

AVGO

Broadcom

$168.55

3.79 (2.30%)

, COO

Cooper Companies

$168.47

0.08 (0.05%)

14:36
12/08/16
12/08
14:36
12/08/16
14:36
Earnings
Notable companies reporting after market close »

Notable companies…

AVGO

Broadcom

$168.55

3.79 (2.30%)

COO

Cooper Companies

$168.47

0.08 (0.05%)

FNSR

Finisar

$32.24

0.51 (1.61%)

RH

Restoration Hardware

$38.65

0.7137 (1.88%)

03/08/13
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03/06/13
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03/06/13
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  • 08

    Dec

  • 08

    Dec

  • 08

    Dec

  • 08

    Dec

  • 13

    Dec

IWM

iShares Trust Russell 2000 Index Fund

$137.92

2.015 (1.48%)

14:30
12/08/16
12/08
14:30
12/08/16
14:30
Options
Big option play opened in the Small Cap Fund as shares reach new highs »

Big option play opened in…

03/08/13
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CHK

Chesapeake

$7.52

-0.065 (-0.86%)

14:30
12/08/16
12/08
14:30
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14:30
Hot Stocks
Icahn says does not own shares of Chesapeake »

Carl Icahn is speaking on…

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VLO

Valero

$68.72

1.18 (1.75%)

, WNR

Western Refining

$39.18

-0.32 (-0.81%)

14:29
12/08/16
12/08
14:29
12/08/16
14:29
Hot Stocks
Icahn says refining stocks sold off because of EPA »

Carl Icahn is speaking on…

VLO

Valero

$68.72

1.18 (1.75%)

WNR

Western Refining

$39.18

-0.32 (-0.81%)

TSO

Tesoro

$90.89

-1.11 (-1.21%)

MPC

Marathon Petroleum

$50.14

0.485 (0.98%)

PSX

Phillips 66

$87.91

0.9 (1.03%)

DK

Delek US

$24.13

0.75 (3.21%)

HFC

HollyFrontier

$33.95

0.93 (2.82%)

03/08/13
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03/06/13
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03/06/13
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14:27
12/08/16
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14:27
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14:27
Hot Stocks
Icahn says involved with board, news will be out in next week »

Carl Icahn, while…

FB

Facebook

$117.95

0.64 (0.55%)

, TWTR

Twitter

$19.39

-0.0942 (-0.48%)

14:27
12/08/16
12/08
14:27
12/08/16
14:27
Periodicals
Snapchat hits $300M in 2016 sales, sets $1B goal for 2017, The Information says »

Snapchat parent Snap set…

FB

Facebook

$117.95

0.64 (0.55%)

TWTR

Twitter

$19.39

-0.0942 (-0.48%)

03/08/13
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LVS

Las Vegas Sands

$62.49

-0.19 (-0.30%)

, MGM

MGM Resorts

$30.52

0.57 (1.90%)

14:26
12/08/16
12/08
14:26
12/08/16
14:26
Periodicals
Macau government to slash ATM withdrawl limit, SCMP reports »

China's government…

LVS

Las Vegas Sands

$62.49

-0.19 (-0.30%)

MGM

MGM Resorts

$30.52

0.57 (1.90%)

WYNN

Wynn Resorts

$101.99

-0.19 (-0.19%)

MPEL

Melco Crown

$19.55

0.13 (0.67%)

03/08/13
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KBH

KB Home

$17.32

0.77 (4.65%)

14:25
12/08/16
12/08
14:25
12/08/16
14:25
Options
KB Home call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
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  • 11

    Jan

LVS

Las Vegas Sands

$62.50

-0.18 (-0.29%)

, MGM

MGM Resorts

$30.55

0.595 (1.99%)

14:21
12/08/16
12/08
14:21
12/08/16
14:21
Periodicals
Breaking Periodicals news story on Las Vegas Sands, MGM Resorts, Wynn Resorts, Melco Crown »

Chinese government to…

LVS

Las Vegas Sands

$62.50

-0.18 (-0.29%)

MGM

MGM Resorts

$30.55

0.595 (1.99%)

WYNN

Wynn Resorts

$101.99

-0.19 (-0.19%)

MPEL

Melco Crown

$19.55

0.13 (0.67%)

03/08/13
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NFLX

Netflix

$125.39

0.82 (0.66%)

14:19
12/08/16
12/08
14:19
12/08/16
14:19
Periodicals
California weighing tax for online video streaming, Armstrong Economics says »

Officials from Pasadena…

03/08/13
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WYNN

Wynn Resorts

$101.99

-0.19 (-0.19%)

, LVS

Las Vegas Sands

$62.59

-0.09 (-0.14%)

14:19
12/08/16
12/08
14:19
12/08/16
14:19
Hot Stocks
Wynn Resorts, Las Vegas Sands fall sharply »

Several casino stocks,…

WYNN

Wynn Resorts

$101.99

-0.19 (-0.19%)

LVS

Las Vegas Sands

$62.59

-0.09 (-0.14%)

MGM

MGM Resorts

$30.55

0.595 (1.99%)

MPEL

Melco Crown

$19.55

0.13 (0.67%)

03/08/13
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RAI

Reynolds American

$54.90

-0.04 (-0.07%)

, PM

Philip Morris

$89.72

-0.155 (-0.17%)

14:18
12/08/16
12/08
14:18
12/08/16
14:18
Hot Stocks
U.S. Surgeon General: E-cigarettes pose 'significant' risk to young people »

U.S. Surgeon General…

RAI

Reynolds American

$54.90

-0.04 (-0.07%)

PM

Philip Morris

$89.72

-0.155 (-0.17%)

MO

Altria Group

$65.42

0.01 (0.02%)

VGR

Vector Group

$21.96

0.28 (1.29%)

03/08/13
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FDX

FedEx

$196.90

0.78 (0.40%)

14:18
12/08/16
12/08
14:18
12/08/16
14:18
Technical Analysis
FedEx extends recent rally, bullish pattern has more room to run »

The shares were last at…

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