|Day's Range||40.52 - 40.52|
We searched for strong tech companies that also pay a dividend, utilizing our Zacks Stock Screener. These three tech stocks should remain attractive to investors even during a potential market downturn...
Is KLA Corporation (NASDAQ:KLAC) a good dividend stock? How can we tell? Dividend paying companies with growing...
KLA Corp (NASDAQ: KLAC ) has reaffirmed its preliminary third-quarter guidance and adjusted EPS $2.04-$2.34 versus the $2.20 estimate and sales $1.31 billion-$1.39 billion versus the $1.35 billion estimate. ...
- Affirms Q3-CY19 revenue guidance of $1.31 billion to $1.39 billion, and non-GAAP diluted earnings per share of $2.04 to $2.34. MILPITAS, Calif, Sept. 17, 2019 /PRNewswire/ -- KLA Corporation (KLAC) will hold an investor day today in New York City with presentations given by Rick Wallace, president and CEO, Bren Higgins, executive vice president and CFO, and other senior executives. Management will present strategic growth initiatives and provide an in-depth review of the company's systems, services, and Orbotech businesses, as well as growth opportunities in automotive electronics.
ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company.
Intellectual property theft by Chinese companies in the guise of producing goods for the American tech giants is the rationale behind the Trump administration's imposition of tariffs.
China has, recently, declared tariff exemptions on a number of U.S. goods, a move viewed by many as a show of good gesture just days ahead of planned talks to resolve a long-drawn-out trade issue.
In 2006 Rick Wallace was appointed CEO of KLA Corporation (NASDAQ:KLAC). First, this article will compare CEO...
(Bloomberg) -- Semiconductor companies continue to struggle with weak demand and high inventory levels, analysts wrote, citing the latest month of industry sales data.Total semiconductor sales fell about 15% on a year-over-year basis in July, according to the brokerages, which cited data from the Semiconductor Industry Association. That followed a drop of 17% in June, and May’s 15% decline.The report shows that “we remain deep in a semiconductor downturn,” wrote David Wong, an analyst at Nomura Instinet. The report “is in line with the muted forward guidance given over the last six weeks by several chip companies that we consider to be broad indicators for many chip end markets.”Both Citi and Morgan Stanley wrote that the data were below their own forecasts for the month. Citi trimmed its full-year estimate for total semiconductor sales, to $409.9 billion from $410.7 billion.Morgan Stanley blamed the weak July on a “sharp reversal” in memory-chip sales, which “more than offset strength in logic” chips.“Broader semis remain weak, given end-demand challenges nearly everywhere,” analyst Joseph Moore wrote to clients.Longbow Research wrote that it saw “no 2H demand rebound” for semiconductor companies, referring to the second half of the year. Analyst Shawn Harrison added that consensus forecasts for the fourth quarter looked “overly bullish.”The Philadelphia Semiconductor Index fell as much as 2.2% on Tuesday. In addition to the SIA data, which was released over the holiday weekend, the industry was pressured by the latest escalation of trade tensions between the U.S. and China, as more tariffs were levied on both nation’s goods effective Sept. 1. The industry benchmark is down nearly 9% from a recent peak in late July.Chipmakers have had a high correlation to the trade issue, as not only do many companies in the industry derive much of their revenue from China, but the country is a key part of their supply chains as well.Among specific stocks, Texas Instruments Inc., Nvidia Corp. and Advanced Micro Devices fell as much as 2.5% on Tuesday. Broadcom Inc. shed 3.7% intraday.Following the months of weak sales data, RBC Capital Markets suggested that the industry could be nearing a bottom. “Given the severity of the decreases, we think downside from here is limited,” analyst Mitch Steves wrote, referring specifically to declines in memory chips.Also on Tuesday, Evercore ISI upgraded a trio of chipmakers; the firm sees “continued positive earnings revisions leading shares higher into year-end and beyond.” Both KLA Corp. and Lam Research Corp. were lifted to outperform from in-line while memory-chip maker Western Digital was upgraded to in-line from underperform.To contact the reporter on this story: Ryan Vlastelica in New York at email@example.comTo contact the editors responsible for this story: Catherine Larkin at firstname.lastname@example.org, Scott SchnipperFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
The Zacks Analyst Blog Highlights: KLA-Tencor, Microsoft, Alphabet, Lattice Semiconductor and PayPal
As trade war worries dissipate and broader markets move north, investing in industrials and tech stocks which are making the most of the recovery seems judicious.
U.S. stocks rallied following a hint from the Chinese government that it may not retaliate against a new set of Trump's tariffs immediately.
Vishay Intertechnology (VSH) launches WFPA3939 and WFPB3939 resistors, which are likely to drive momentum across automotive, industrial and AMS applications.
Trimble (TRMB) launched Contract Maintenance module, which is likely to aid its momentum across fleets, outsourced maintenance providers and leasing companies.
MILPITAS, Calif. , Aug. 27, 2019 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) announced today that the Automotive Electronics Council (AEC), the organization that sets qualification standards for electronic ...
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll apply a basic...
CEO - Orbotech Ltd. of Kla Corp (30-Year Financial, Insider Trades) Amichai Steimberg (insider trades) sold 8,962 shares of KLAC on 08/19/2019 at an average price of $138.8 a share. Continue reading...