Microsemi Corp
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Other Competition Accelerators for NVIDIA Today
To be sure, NVIDIA is facing strong competition from chip giant Intel, which is moving aggressively in AI through acquisitions and organic growth efforts.
Tech & Comm Services Symmetricom analysis: The company’s 3 fundamental imperatives
Symmetricom, Inc. (SYMM) To communicate the thesis, I will first briefly step through the value proposition (as I understand it) of a timekeeping solutions business like SYMM and then highlight where end-market inflection points and current business restructuring support my investment thesis. In general, a company like SYMM exists to satisfy three fundamental imperatives: Provision […]
Are Dividends at Marvell Safe?
Increasing capital returns to shareholders is one of Marvell’s (MRVL) management’s main priorities. The company returned $155 million to shareholders in fiscal 4Q17.
What Happened to Cree?
On April 25, 2017, Cree (CREE) shares fell more than 11% after the firm announced its fiscal 3Q17 results.
What Could Drive Broadcom’s 1Q17 Enterprise Storage Revenue
Broadcom’s enterprise storage segment In the previous part of this series, we saw that Broadcom (AVGO) is likely to witness seasonal weakness in its wireless revenue. This decline is likely to be offset by flat revenue from its wired segment and strong growth from its enterprise storage segment, which accounts for 14% of the company’s revenue. […]
Pinnacle Foods: Sole Junk Bond Issuer for the Week of January 15
Pinnacle Foods issued dollar-denominated junk bonds worth $350 million on January 12, 2016. The senior notes were rated B2/B+ and carried a coupon of 5.9%.
Leveraged Loan Funds Saw Outflows in the First Week of 2016
According to data from Lipper, leveraged loan funds saw an outflow in the seven days ended January 6. The quantum of outflows was $560.0 million last week.
High Yield Bond Funds Witness Outflows, Yields on Bond Funds Rise
Investor flows in high yield bond funds were negative last week. According to Lipper, net outflows into the high yield bond funds totaled $809.0 million.
Microsemi Corporation Issued Junk Bonds Worth $450 Million
Microsemi Corporation issued dollar-denominated junk bonds worth $450 million. It intends to use the proceeds of the loan for the acquisition of PMC-Sierra.
December Saw the Highest Outflows of Leveraged Loan Funds in 2015
The total net outflows from leveraged loan funds in 2015 stood at $16.4 billion. This was marginally higher than the $16.2 billion recorded in 2014.
Leveraged Loans Primary Market Issuance Falls to Zero after Christmas Weekend
The issuance of US leveraged loans fell to zero last week. However, in the previous week, ~$4.9 billion in dollar-denominated senior loans were priced.
Internet of Things Will Drive Semiconductor Usage Going Forward
So far, the Internet of Things has made inroads into the consumer electronics, automotive, and healthcare segments.
What Will Drive Growth in the Industrial Semiconductor Market?
The demand for industrial semiconductors will be driven by the LED (light-emitting diodes) lighting sector, security, energy management, and medical devices.
Was It Wise for Skyworks to Give Up on PMC-Sierra?
While many analysts did not expect Skyworks to give up on PMC-Sierra so soon, they found the decision to be a wise one.
Microsemi Bids for PMC-Sierra for the Third Time
Microsemi has made a third offer for the acquisition of PMC-Sierra, increasing the cash component. The revised offer values PMC-Sierra at $12.05 per share.
Skyworks and Microsemi Compete to Acquire PMC-Sierra
On October 5, 2015, Skyworks Solutions announced that it is looking to acquire peer company PMC-Sierra for $2 billion in cash.
Why did PMC-Sierra Prefer Skyworks’ Offer over Microsemi’s?
The bid by Microsemi gave PMC-Sierra an edge to renegotiate with Skyworks and get a better offer. Both Microsemi and Skyworks revised their offers for PMC.
Microsemi Offers $2.2 Billion in Competition for PMC-Sierra
Microsemi, a manufacturer of high-performance semiconductors, made a cash-stock offer of $2.2 billion to acquire semiconductor company PMC-Sierra (PMCS).
Altera Trades Well above Its Moving Averages
In April 2015, Altera rejected Intel’s acquisition offer of $54 per share, and the deal didn’t seem like it would materialize.
Citadel Advisors Starts a New Position in Altera Corporation
During 4Q14, Citadel Advisors started a new position in Altera Corporation (ALTR).
Symmetricom analysis: Why the company’s stock should recover
Symmetricom, Inc. (SYMM) detailed investment thesis The “Old SYMM” presently outweighs the new/good, and (as mentioned previously) is leveraged to traditional sync timekeeping solutions on the communications side. On the government/enterprise front, you have frequency instruments and other time and measurement solutions that are highly leveraged to the at-risk DoD spending/budget. Reversing the sign of […]
