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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.

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CCJ

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CUBN

Commerce Union Bancshares

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PFE

Pfizer

$33.75

-0.02 (-0.06%)

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    Aug

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INPX

Inpixon

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Syndicate
Inpixon raises $6M in a public offering of common stock and warrants »

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OA

Orbital ATK

$98.71

1.7 (1.75%)

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CST

CST Brands

, LBIO

Lion Biotechnologies

08:30
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06/29
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08:30
Options
One new option listing and two option delistings on June 29th »

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CST

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LBIO

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MCD

McDonald's

$154.30

0.58 (0.38%)

08:26
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GE

General Electric

$27.08

-0.13 (-0.48%)

08:22
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06/29
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08:22
Upgrade
General Electric rating change  »

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  • 02

    Oct

$DJT

DJ Transportation Average

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DJ Transportation Average: Pivot points »

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$DJU

DJ Utility Average

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DJX

Dow Jones Industrial Average

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Dow Jones Industrial Average: Pivot points »

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TRN

Trinity Industries

$28.35

1.05 (3.85%)

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IYT

iShares Transportation Average

$171.36

2.41 (1.43%)

08:20
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Technical Analysis
iShares Transportation Average: Pivot points »

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08:20
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General news
U.S. Q1 GDP preview: »

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PRO

PROS

$26.59

0.65 (2.51%)

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  • 29

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XLK

Technology Select Sector SPDR

$55.77

0.69 (1.25%)

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XLE

Energy Select Sector SPDR

$64.49

0.35 (0.55%)

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XLY

Consumer Discretionary Sector SPDR

$90.03

0.9 (1.01%)

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XLB

S&P Select Materials SPDR

$54.17

0.49 (0.91%)

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XLU

Utilities SPDR

$52.46

-0.51 (-0.96%)

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XLP

Consumer Staples Sector SPDR

$55.43

0.2 (0.36%)

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Technical Analysis
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STX

Seagate

$40.18

0.67 (1.70%)

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