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On The Fly
Fly Intel: Wall Street's top stories at midday » 12:33
03/31/20
03/31
12:33
03/31/20
12:33
AMZN

Amazon.com

$1,975.56 /

+13.11 (+0.67%)

, AMRN

Amarin

$4.05 /

-9.54 (-70.20%)

, CCL

Carnival

$14.53 /

+1.73 (+13.52%)

, CUK

Carnival plc

$12.79 /

+1.49 (+13.19%)

, NCLH

Norwegian Cruise Line

$11.93 /

+1.25 (+11.70%)

, RCL

Royal Caribbean

$33.68 /

+3.88 (+13.02%)

, DPZ

Domino's Pizza

$328.03 /

-16.68 (-4.84%)

, PZZA

Papa John's

$52.54 /

+3.06 (+6.18%)

, KNSA

Kiniksa

$15.90 /

+3.61 (+29.37%)

, MX

MagnaChip

$11.81 /

+2.45 (+26.18%)

, DLPH

Delphi Technologies

$8.28 /

-2.02 (-19.61%)

, BWA

BorgWarner

$25.49 /

+0.92 (+3.74%)

, RH

RH

$104.97 /

-12.71 (-10.80%)

, CRON

Cronos Group

$5.76 /

-0.6 (-9.43%)

, GM

General Motors

$21.83 /

+0.52 (+2.44%)

, F

Ford

$5.07 /

+0.035 (+0.70%)

The S&P and Dow are…

Open Full Text

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03/08/13
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03/06/13
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  • 02
    Apr
Hot Stocks
MagnaChip rises 26.9% » 12:00
03/31/20
03/31
12:00
03/31/20
12:00
MX

MagnaChip

$11.90 /

+2.54 (+27.14%)

MagnaChip is up 26.9%, or…

MagnaChip is up 26.9%, or $2.52 to $11.90.

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Conference/Events
MagnaChip to host conference call » 08:20
03/31/20
03/31
08:20
03/31/20
08:20
MX

MagnaChip

$9.36 /

+0.05 (+0.54%)

Management discusses the…

Management discusses the definitive agreement to sell the Company's Foundry Services Group and the factory in Cheongju (Fab 4) on a conference call to be held on March 31 at 9 am. Webcast Link

Hot Stocks
MagnaChip to sell Foundry Business, Fab 4 to special purpose company for $435M » 06:18
03/31/20
03/31
06:18
03/31/20
06:18
MX

MagnaChip

$9.36 /

+0.05 (+0.54%)

MagnaChip announced that…

MagnaChip announced that certain of its wholly-owned subsidiaries have entered into a definitive agreement to sell the company's Foundry Services Group and the factory in Cheongju, the larger of the company's two 8" manufacturing facilities, to a special purpose company in South Korea established by Alchemist Capital Partners Korea Co., Ltd. and Credian Partners. Under the terms of the Agreement, the total transaction value is approximately $435M, consisting of the South Korean won equivalent of $344.7M in cash based on the exchange rate on the third business day prior to the closing date of the transaction and the SPC's assumption of statutory severance liabilities attributable to the employees who will be transferred together with the Target Business, which is currently estimated to be approximately $90M. The cash purchase price is subject to a customary working capital adjustment. MagnaChip anticipates it will use net operating loss carryforwards to offset a portion of the tax obligations related to this transaction. Moreover, the company intends to use the net proceeds from the transaction to significantly reduce debt and strengthen its balance sheet. Taken together, the transaction-related tax exposure is estimated to be up to 15% of the net cash proceeds from the transaction. The transaction is expected to close within approximately four to six months, subject to customary closing conditions.

Over a week ago
Earnings
MagnaChip raises Q1 revenue view to $187M-$197M from $180M-$195M » 08:03
03/10/20
03/10
08:03
03/10/20
08:03
MX

MagnaChip

$9.15 /

-1 (-9.85%)

Consensus is for Q1…

Consensus is for Q1 revenue $187.5M. The Company is providing this business update due to the extraordinary business circumstances caused globally by the COVID-19 coronavirus health crisis and investor uncertainty about the potential impact of the coronavirus on the Company's business operations since its last market update. "Our updated guidance range is based upon the best available current estimates and excludes any new and unanticipated potential negative impact from the effects of the coronavirus. We anticipate gross profit margin to be in the range of 23% to 25%," said the company. As stated previously, the strategic evaluation process of the Foundry business and Fab 4 continues to make progress, including having discussions with multiple interested parties toward a possible sale of the Company's Foundry business and Fab 4, as well as consideration of accretive business conversions and other options related to that business.

Over a month ago
Hot Stocks
MagnaChip Semiconductor announces CFO transition » 20:08
03/01/20
03/01
20:08
03/01/20
20:08
MX

MagnaChip

$11.43 /

-0.07 (-0.61%)

MagnaChip Semiconductor…

MagnaChip Semiconductor announced that Jonathan Kim, MagnaChip's Chief Financial Officer, Executive Vice President and Chief Accounting Officer, is stepping down effective March 27, 2020 to pursue an executive opportunity outside of the semiconductor industry. Kim is expected to continue to serve in a consulting role for the company through May 2020 to assist in the transition. The company has initiated a search process to identify a permanent Chief Financial Officer and has retained an executive search firm to assist with the process. The company also announced that Shinyoung Park has been promoted to Chief Accounting Officer, effective immediately. The company added that, "Our strategic evaluation process continues to make progress, including having discussions with multiple interested parties toward a possible sale of the company's Foundry business and Fab 4, as well as consideration of accretive business conversions and other options related to that business. Our decisions regarding the outcome of the various options of the strategic evaluation process will be guided by what the Board and management consider to be the best available path to improve MagnaChip's profitability and to maximize shareholder value."

Hot Stocks
Fly Intel: After Hours Movers » 19:10
02/19/20
02/19
19:10
02/19/20
19:10
STMP

Stamps.com

$95.39 /

+3.33 (+3.62%)

, SREV

ServiceSource

$1.87 /

+0.005 (+0.27%)

, Z

Zillow

$54.43 /

+2.15 (+4.11%)

, CAR

Avis Budget

$43.35 /

+2.01 (+4.86%)

, CYH

Community Health

$4.80 /

+0.1 (+2.13%)

, NE

Noble Corp.

$0.82 /

-0.0129 (-1.55%)

, MANT

ManTech

$81.82 /

+0.29 (+0.36%)

, XEC

Cimarex Energy

$40.55 /

+1.675 (+4.31%)

, CYBE

Cyberoptics

$23.28 /

+1.165 (+5.27%)

, UCTT

Ultra Clean

$26.26 /

+1.01 (+4.00%)

, TRN

Trinity Industries

$22.09 /

+0.065 (+0.30%)

, MX

MagnaChip

$14.44 /

+0.19 (+1.33%)

, IMAX

Imax

$17.12 /

+0.03 (+0.18%)

, SM

SM Energy

$9.25 /

+0.51 (+5.84%)

, GDOT

Green Dot

$35.27 /

+1.09 (+3.19%)

, SNBR

Sleep Number

$56.72 /

+0.47 (+0.84%)

, PXD

Pioneer Natural

$141.16 /

+5.62 (+4.15%)

, SPN

Superior Energy

$5.05 /

-0.515 (-9.26%)

, LASR

nLight

$19.99 /

+1.46 (+7.88%)

, AJRD

Aerojet Rocketdyne

$53.10 /

-0.33 (-0.62%)

, SUN

Sunoco LP

$30.34 /

-0.22 (-0.72%)

, MASI

Masimo

$182.31 /

+0.96 (+0.53%)

, ALB

Albemarle

$88.97 /

+0.3 (+0.34%)

, TVTY

Tivity Health

$22.91 /

+0.06 (+0.26%)

, OSUR

OraSure

$7.13 /

+0.56 (+8.52%)

, NVTA

Invitae

$27.48 /

+0.27 (+0.99%)

, SAM

Boston Beer

$430.18 /

+3.925 (+0.92%)

, BCOV

Brightcove

$9.24 /

+0.4 (+4.52%)

, LOPE

Grand Canyon

$86.85 /

+0.95 (+1.11%)

, SPTN

SpartanNash

$13.31 /

-0.01 (-0.08%)

, UAN

CVR Partners

$2.60 /

-0.07 (-2.62%)

, CRMT

America's Car-Mart

$126.76 /

+4.93 (+4.05%)

, QTWO

Q2 Holdings

$87.67 /

+0.38 (+0.44%)

, INOV

Inovalon

$22.25 /

+0.1 (+0.45%)

, SNPS

Synopsys

$165.03 /

+2.12 (+1.30%)

, RETA

Reata Pharmaceuticals

$223.48 /

-4.325 (-1.90%)

, CAKE

Cheesecake Factory

$40.80 /

+0.64 (+1.59%)

, CONE

CyrusOne

$65.95 /

-0.97 (-1.45%)

, VMI

Valmont

$154.38 /

+3.01 (+1.99%)

, JACK

Jack in the Box

$88.83 /

+0.66 (+0.75%)

, H

Hyatt

$89.89 /

+1.15 (+1.30%)

, TS

Tenaris

$20.68 /

+0.49 (+2.43%)

, AXGT

Axovant

$4.45 /

+0.15 (+3.49%)

, BTAI

BioXcel Therapeutics

$41.16 /

+1.385 (+3.48%)

, HRTX

Heron Therapeutics

$21.66 /

+0.525 (+2.48%)

, IRT

Independence Realty Trust

$16.30 /

-0.01 (-0.06%)

, TEVA

Teva

$13.46 /

+1.145 (+9.30%)

UP AFTER EARNINGS:…

UP AFTER EARNINGS: Stamps.com (STMP) up 31.4%... ServiceSource (SREV) up 16.1%... Zillow Group (Z) up 15.1%... Avis Budget (CAR) up 12.3%... Community Health (CYH) up 11.0%... Noble Corp (NE) up 11.0%... ManTech (MANT) up 9.4%... Cimarex Energy (XEC) up 8.2%... CyberOptics (CYBE) up 7.8%... Ultra Clan (UCTT) up 7.3%... Trinity Industries (TRN) up 6.3%... MagnaChip Semi (MX) up 4.8%... Imax Corp (IMAX) up 3.8%... SM Energy (SM) up 3.6%... Green Dot (GDOT) up 3.2%... Sleep Number (SNBR) up 3.0%... Pioneer Natural (PXD) up 2.7%... Superior Energy (SPN) up 2.7%... nLight (LASR) up 2.6%... Aerojet Rocketdyne (AJRD) up 2.6%... Sunoco (SUN) up 2.4%... Masimo Corp (MASI) up 1.5%... Albemarle (ALB) up 1.3%. DOWN AFTER EARNINGS: Tivity Health (TVTY) down 33.7%... OraSure Technologies (OSUR) down 15.7%... Invitae (NVTA) down 10.9%... Boston Beer Co (SAM) down 9.1%... Brightcove (BCOV) down 8.7%... Grand Canyon Education (LOPE) down 7.2%... Grand Canyon Education (LOPE) down 7.2%... SpartanNash (SPTN) down 6.2%... CVR Partners (UAN) down 5.5%... America's Carmart (CRMT) down 3.5%... Q2 Holdings (QTWO) down 3.2%... Inovalon (INOV) down 3.2%... Synopsys (SNPS) down 3.0%... Reata Pharma (RETA) down 2.3%... Cheesecake Factory (CAKE) down 2.2%... CyrusOne (CONE) down 2.1%... Valmont Industries (VMI) down 2.0%... Jack in the Box (JACK) down 1.8%... Hyatt (H) down 1.3%... Tenaris (TS) down 1.3%. ALSO LOWER: Axovant Gene Therapies (AXGT) down 11.6% after equity offering... BioXcel Therapeutics (BTAI) down 10.1% after equity offering... Heron Therapeutics (HRTX) down 8.6% after FDA extended review period for HTX-011 NDA... Independence Realty Trust (IRT) down 4.6% after equity offering... Teva Pharma (TEVA) down 4.1% after Phase 2/3 trials in deutetrabenazine failed to meet the primary endpoints. Movers as of 18:30ET.

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03/06/13
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03/06/13
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  • 20
    Feb
  • 20
    Feb
Earnings
MagnaChip sees Q1 revenue $180M-$195M, consensus $179.1M » 16:24
02/19/20
02/19
16:24
02/19/20
16:24
MX

MagnaChip

$14.44 /

+0.19 (+1.33%)

MagnaChip CEO YJ Kim…

MagnaChip CEO YJ Kim comments on Coronavirus: "Magnachip's manufacturing supply chain resides largely outside China so there is negligible impact on results. However, based on our preliminary assessments, public health measures taken in China to protect the population likely will affect customer demand in Q1. As a result, we've lowered our internal expectation and widened the typical guidance range we normally would provide for Q1 2020 to help account for lingering uncertainty around this public health crisis".

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Earnings
MagnaChip reports Q4 adjusted EPS 38c, consensus 14c » 16:22
02/19/20
02/19
16:22
02/19/20
16:22
MX

MagnaChip

$14.44 /

+0.19 (+1.33%)

Reports Q4 revenue…

Reports Q4 revenue $200.0M, consensus $199M.

ShowHide Related Items >><<
Hot Stocks
MagnaChip rises 12.6% » 12:00
01/14/20
01/14
12:00
01/14/20
12:00
MX

MagnaChip

$14.16 /

+1.58 (+12.56%)

MagnaChip is up 12.6%, or…

MagnaChip is up 12.6%, or $1.59 to $14.17.

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