23.39 0.00 (0.00%)
After hours: 4:13PM EDT
|Bid||23.35 x 3200|
|Ask||23.40 x 21500|
|Day's range||23.35 - 23.40|
|52-week range||11.75 - 23.40|
|Beta (3Y monthly)||1.62|
|PE ratio (TTM)||27.10|
|Earnings date||23 Oct. 2019 - 28 Oct. 2019|
|Forward dividend & yield||0.44 (1.88%)|
|1y target est||23.78|
TEMPE, Ariz., Aug. 14, 2019 -- Deca Technologies, a wafer-level electronic interconnect solutions provider to the semiconductor industry, today announced that Industry.
Cypress Semiconductor (CY) reports strong second-quarter results, wherein earnings and revenues beat the respective Zacks Consensus Estimate.
Cypress (CY) delivered earnings and revenue surprises of 4.17% and 0.07%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
This week will see some major semiconductor earnings announcements. Semiconductor stocks are rallying ahead of their earnings releases.
Cypress Semiconductor's (CY) Q2 earnings are likely to be driven by growth in automotive, IoT & USB-C solutions. Yet, ongoing trade tensions & weak macro environment might affect its upcoming results.
Cypress (CY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WILMINGTON, Del., June 27, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: Caesars Entertainment Corporation (NASDAQ GS: CZR) regarding possible.
NEW YORK, June 26, 2019 -- Halper Sadeh LLP, a global investor rights law firm, is investigating Raytheon Company (NYSE: RTN), Cypress Semiconductor Corporation (NASDAQ: CY),.
WILMINGTON, Del., June 25, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: Gardner Denver Holdings, Inc. (NYSE: GDI) regarding possible breaches of.
Infineon Technologies is set to buy US-based chip maker Cypress Semiconductor (CY) for $10 billion. The deal is expected to close by the end of 2019 or early 2020 if it receives approval from both the US and China. Both companies’ boards have already approved the acquisition.
Cypress Semiconductor (CY) has recently agreed on a buyout offer from German chip maker Infineon Technologies. Infineon is paying $23.85 per share, a nearly 50% premium, to Cypress's shareholders—a price considered too high for the expected synergies by some analysts.
Germany-based Infineon Technologies plans to acquire US chip maker Cypress Semiconductor (CY) for a deal value of 9 billion euros ($10.06 billion). Infineon has agreed to pay $23.85 per share to Cypress's shareholders, which some analysts consider to be too high.
German chip maker Infineon Technologies has reportedly raised 1.55 billion euros (~$1.74 billion) in capital by selling its shares to fund its acquisition of Cypress Semiconductor (CY). Infineon has sold ~113 million new shares at 13.70 euros each.
(Bloomberg) -- Infineon Technologies AG raised about 1.55 billion euros ($1.74 billion) in a capital increase to help finance its acquisition of Cypress Semiconductor Corp.The German chipmaker, which analysts have said may be paying too much for its U.S. rival, sold about 113 million new shares at 13.70 euros each, the company said Tuesday in a statement. The price was about 4.6% below Monday’s closing price of 14.36 euros and the shares fell as much as 6.6% in early trading in Frankfurt to the lowest in almost three years.Infineon is buying San Jose, California-based Cypress -- a memory-chip maker re-positioning itself as a provider to automobiles and other connected devices -- for an enterprise value of 9 billion euros. The combined entity would have sales that would place it among the top 10 chipmakers globally, according to Citibank.Some analysts have questioned the wisdom of the deal. The price is high and cost and revenue synergies will have to be achieved to make the acquisition financially attractive, Warburg said earlier this month in a note.Infineon Chief Executive Officer Reinhard Ploss has argued that the companies are a “perfect fit” because their complementary products create an avenue for faster growth, benefiting employees and shareholders.S&P Global Ratings has put the company on review for a possible ratings downgrade, citing concerns over financing.To contact the reporter on this story: Stefan Nicola in Berlin at firstname.lastname@example.orgTo contact the editors responsible for this story: Rebecca Penty at email@example.com, Iain Rogers, Andrew BlackmanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.