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TSM

TSMC

$29.78

0.225 (0.76%)

, AAPL

Apple

$111.46

-0.11 (-0.10%)

11:02
11/30/16
11/30
11:02
11/30/16
11:02

TSMC to report up to 3% sequential decline in 1Q17 revenues, DigiTimes says

Taiwan Semiconductor Manufacturing Company (TSM) is expected to report up to a 3% sequential decline in consolidated revenues in 1Q17, but will see sales growth in the following quarter, according to DigiTimes, citing industry sources. Sources indicated that a reduction in 16nm chip orders from Apple (AAPL) will negatively impact TSMC's 1Q17 performance, but will begin seeing revenues from 10nm process technology in the quarter, softening the hit from Apple slashing chip orders for the iPhone 7. TSMC did not comment on the report, citing customer confidentiality, the publication noted. Reference Link

TSM

TSMC

$29.78

0.225 (0.76%)

AAPL

Apple

$111.46

-0.11 (-0.10%)

TSM TSMC
$29.78

0.225 (0.76%)

10/14/16
PACS
10/14/16
UPGRADE
PACS
Sector Weight
TSMC upgraded to Sector Weight from Underweight at Pacific Crest
Pacific Crest analyst Michael McConnell upgraded TSMC to Sector Weight citing a more favorable margin outlook and share gains at the 10 nm node. The analyst views the stock's risk/reward as balanced at current levels.
10/14/16
10/14/16
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. ConAgra (CAG) upgraded to Outperform from Sector Perform at RBC Capital with analyst David Palmer citing valuation. 2. Under Armour (UA) upgraded to Overweight from Neutral at Piper Jaffray after the firm's semi-annual proprietary "Taking Stock With Teens" survey. 3. Domino's Pizza (DPZ) upgraded to Buy from Underperform at BofA/Merrill with analyst Gregory Francfort saying he believes Domino's has further growth ahead and will take share in the fragmented $34B U.S. pizza category. 4. TSMC (TSM) upgraded to Sector Weight from Underweight at Pacific Crest with analyst Michael McConnell citing a more favorable margin outlook and share gains at the 10 nm node. 5. Level 3 (LVLT) upgraded to Overweight from Neutral at JPMorgan with analyst Philip Cusick saying expectations have been lowered along with the share price. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/26/16
KEYB
10/26/16
NO CHANGE
KEYB
Apple results positive for iPhone suppliers, says KeyBanc
KeyBanc says that Apple's (AAPL) results were modestly positive for iPhone suppliers Analog Devices (ADI), Broadcom (AVGO), Cirrus Logic (CRUS), InvenSense ((INVN), ON Semiconductor (ON), Qorvo (QRVO), Skyworks (SWKS), Synaptics (SYNA), TSMC (TSM), and Texas Instruments (TXN). The firm expects the companies'' earnings to beat expectations slightly. It identifies Analog Devices, Broadcom, Skyworks, and Synaptics as its favorite names among Apple suppliers.
11/17/16
DADA
11/17/16
NO CHANGE
DADA
Applied Materials Q4 results should beat expectations, says DA Davidson
DA Davidson analyst Thomas Diffely expects Applied Materials (AMAT) to report better than expected Q4 results, driven by the 10 nm ramp at Taiwan Semiconductor (TSM) The analyst is "increasingly bullish" on Applied Materials, and he reiterates a $36 price target and a Buy rating on the shares.
AAPL Apple
$111.46

-0.11 (-0.10%)

11/21/16
ADAM
11/21/16
NO CHANGE
Target $140
ADAM
Buy
Apple continues to dominate industry operating profits, says Canaccord
Canaccord analyst T. Michael Walkley said Apple captured a strong share of the premium-tier global smartphone market during Q3 and believes they will continue to extend their leading market share position. He noted Apple will continue to generate strong profit share despite iPhone sales moderating in North America over the past several weeks. Walkley expects steady iPhone 7 sales will help Apple return to growth in Q1 2017 and reiterated his Buy rating and $140 price target on the shares.
11/23/16
CLVD
11/23/16
NO CHANGE
CLVD
Neutral
Apple iPhone 7 supply remains constrained, says Cleveland Research
Cleveland Research said its near-term work remains encouraging on iPhone 7 demand and mix, with checks indicating that supply of iPhone 7 seems to be normalizing in most channels and tightness persists for the 7+. Discussions also suggest growing optimism for the next iPhone refresh, said the firm, which has a Neutral rating on Apple shares.
11/23/16
RSBL
11/23/16
NO CHANGE
RSBL
Apple trimming March quarter component order forecast, says Rosenblatt
Rosenblatt believes Apple has starting trimming its March quarter component order forecast following last week's December quarter production cut. The firm's analyst now expects orders to drop to 40M-43M units from 45M-46M, and believes March quarter's iPhone shipment consensus forecast of 52M-54M may be at risk.
11/29/16
UBSW
11/29/16
NO CHANGE
Target $127
UBSW
Buy
Apple procurement estimates suggest risk to next two quarters, says UBS
UBS analyst Steven Milunovich said Apple's procurement numbers for the December and March quarters have been revised downward, putting consensus estimates for the two quarters at risk. The analyst is leaving his estimates unchanged, but notes his view remains below consensus. He said many investors are looking to 2018, when high retention rates and an aging installed base could drive significant upgrades for the next iteration of the iPhone. Milunovich reiterated his Buy rating and $127 price target on Apple shares.

TODAY'S FREE FLY STORIES

09:30
09/22/17
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09:30
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09:30
General news
PMI Composite Flash Manufacturing â€' Level to be reported at 09:45 »

September PMI Composite…

09:30
09/22/17
09/22
09:30
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09:30
General news
PMI Composite Flash â€' Level to be reported at 09:45 »

September PMI Composite…

YOGA

YogaWorks

$4.00

-0.04 (-0.99%)

09:28
09/22/17
09/22
09:28
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09:28
Recommendations
YogaWorks analyst commentary  »

YogaWorks shares remain…

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IP

International Paper

09:28
09/22/17
09/22
09:28
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09:28
Hot Stocks
International Paper to invest about $300M to convert Riverdale paper machine »

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IDTI

Integrated Device

$27.00

-0.16 (-0.59%)

09:26
09/22/17
09/22
09:26
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09:26
Recommendations
Integrated Device analyst commentary  »

Integrated Device chip…

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  • 25

    Sep

  • 05

    Oct

09:25
09/22/17
09/22
09:25
09/22/17
09:25
Conference/Events
DA Davidson engineering analyst holds an analyst/industry conference call »

Engineering &…

RBS

RBS

09:24
09/22/17
09/22
09:24
09/22/17
09:24
Upgrade
RBS rating change  »

RBS upgraded to Neutral…

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COR

CoreSite Realty

09:23
09/22/17
09/22
09:23
09/22/17
09:23
Initiation
CoreSite Realty initiated  »

CoreSite Realty initiated…

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  • 26

    Sep

CONE

CyrusOne

$60.41

-0.35 (-0.58%)

09:22
09/22/17
09/22
09:22
09/22/17
09:22
Initiation
CyrusOne initiated  »

CyrusOne initiated with…

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  • 26

    Sep

TMUS

T-Mobile

$63.39

-0.13 (-0.20%)

, S

Sprint

09:21
09/22/17
09/22
09:21
09/22/17
09:21
Hot Stocks
On The Fly: Pre-market Movers »

HIGHER: T-Mobile US…

TMUS

T-Mobile

$63.39

-0.13 (-0.20%)

S

Sprint

EARS

Auris Medical

$0.71

0.0101 (1.44%)

ASND

Ascendis Pharma

$27.74

-1.55 (-5.29%)

VSAR

Versartis

$21.60

-0.25 (-1.14%)

FINL

Finish Line

$9.22

-0.21 (-2.23%)

FL

Foot Locker

03/08/13
Wedge Partners
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03/06/13
Citigroup
03/06/13
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  • 22

    Sep

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    Sep

  • 02

    Oct

  • 16

    May

BWA

BorgWarner

, SEV

Sevcon

$22.00

-0.01 (-0.05%)

09:21
09/22/17
09/22
09:21
09/22/17
09:21
Conference/Events
Sevcon to host special shareholder meeting »

Special Shareholder…

BWA

BorgWarner

SEV

Sevcon

$22.00

-0.01 (-0.05%)

03/08/13
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  • 26

    Oct

ICPT

Intercept

$73.70

-24.42 (-24.89%)

09:19
09/22/17
09/22
09:19
09/22/17
09:19
Downgrade
Intercept rating change  »

Intercept downgraded to…

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DLR

Digital Realty

09:18
09/22/17
09/22
09:18
09/22/17
09:18
Initiation
Digital Realty initiated  »

Digital Realty initiated…

03/08/13
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SPX

S&P 500

, VIX

Volatility Index S&P 500 Options

09:18
09/22/17
09/22
09:18
09/22/17
09:18
Options
Overnight activity included 125 trades in SPX and 21 trades in VIX »

125 trades were executed…

SPX

S&P 500

VIX

Volatility Index S&P 500 Options

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CAG

Conagra Brands

09:17
09/22/17
09/22
09:17
09/22/17
09:17
Hot Stocks
Conagra Brands to acquire Angie's Artisan Treats, terms not disclosed »

Conagra Brands announced…

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  • 22

    Sep

  • 28

    Sep

09:15
09/22/17
09/22
09:15
09/22/17
09:15
General news
Euro$ interest rate futures have continued to steady »

Euro$ interest rate…

09:15
09/22/17
09/22
09:15
09/22/17
09:15
General news
Breaking General news story  »

Kansas City Federal…

HDSN

Hudson Technologies

$8.47

-0.79 (-8.53%)

09:14
09/22/17
09/22
09:14
09/22/17
09:14
Recommendations
Hudson Technologies analyst commentary  »

Roth says Hudson…

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  • 16

    Nov

ACN

Accenture

09:11
09/22/17
09/22
09:11
09/22/17
09:11
Recommendations
Accenture analyst commentary  »

Accenture risk/reward…

03/08/13
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  • 28

    Sep

  • 02

    Oct

  • 22

    Oct

FINL

Finish Line

$9.22

-0.21 (-2.23%)

09:10
09/22/17
09/22
09:10
09/22/17
09:10
Hot Stocks
Breaking Hot Stocks news story on Finish Line »

Finish Line still sees…

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  • 22

    Sep

DKS

Dick's Sporting

$26.23

-0.31 (-1.17%)

09:05
09/22/17
09/22
09:05
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09:05
Hot Stocks
Dick's Sporting to open four new stores in three states in September »

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KTCC

Key Tronic

$6.84

-0.023 (-0.34%)

, CETX

Cemtrex

$3.21

-0.09 (-2.73%)

09:04
09/22/17
09/22
09:04
09/22/17
09:04
Hot Stocks
Bharat Parikh & Associates responds to Key Tronic's allegations »

Bharat Parikh &…

KTCC

Key Tronic

$6.84

-0.023 (-0.34%)

CETX

Cemtrex

$3.21

-0.09 (-2.73%)

03/08/13
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09:03
09/22/17
09/22
09:03
09/22/17
09:03
General news
Futures point to slightly lower open after new North Korean threats »

Futures are a bit lower…

PGTI

PGT, Inc.

$14.00

0.05 (0.36%)

09:02
09/22/17
09/22
09:02
09/22/17
09:02
Hot Stocks
PGT Innovations sells door glass processing assets for $28M »

PGT Innovations announced…

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  • 02

    Oct

PNM

PNM Resources

09:00
09/22/17
09/22
09:00
09/22/17
09:00
Initiation
PNM Resources initiated  »

PNM Resources initiated…

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  • 02

    Oct

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