|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||15.93 - 16.60|
|52 Week Range||10.64 - 22.97|
|Beta (3Y Monthly)||1.35|
|PE Ratio (TTM)||11.77|
|Earnings Date||Jul 21, 2015 - Jul 27, 2015|
|Forward Dividend & Yield||0.21 (1.62%)|
|1y Target Est||20.94|
Our call of the day says investors should take care as the stock market sets out new highs, because a big group of investors is sitting on the sidelines, waiting to cash in on a fall.
Franco-Italian chipmaker STMicroelectronics struck an upbeat tone for the second half of the year on Wednesday after a steep fall in quarterly sales of sensors compelled it to trim its investment plans. The supplier to iPhone maker Apple and electric carmaker Tesla saw signs of recovery in the first quarter and expects higher demand for industrial sensors and silicon-carbide semiconductors, aimed at making electric cars more independent. STMicro's shares were up by about 3 percent at 0913 GMT, valuing the company at 14.4 billion euros ($16.15 billion).
On a per-share basis, the Geneva-based company said it had net income of 20 cents. The chip company posted revenue of $2.08 billion in the period. STMicroelectronics shares have increased 31 percent since ...
Franco-Italian chipmaker STMicroelectronics cut its full-year investment target on Wednesday after posting a fall in quarterly sales and profits, signalling a prolonged downturn in global chip demand. The Geneva-based company said it now had a capital expenditure plan in the range of $1.1 billion to 1.2 billion in 2019, down from $1.3 billion initially. STMicro, whose top clients include iPhone maker Apple and electric carmaker Tesla, said first-quarter net revenues slumped by about 22 percent from the previous quarter to $2.08 billion.
PR No: C2893C STMicroelectronics Reports 2019 First Quarter Financial Results Q1: Net revenues $2.08 billion; operating margin 10.2%; net income $178 million Cash dividend of $0.24 per common share payable ...
Disclosure of Transactions in Own Shares - Period from April 15, 2019 to April 18, 2019 AMSTERDAM - April 23, 2019 -- STMicroelectronics N.V. (the "Company" or "STMicroelectronics"), ...
In Europe, shares of Austrian Apple supplier AMS AG jumped as much as 5.3 percent, while STMicroelectronics NV gained as much as 4.6 percent. Qualcomm rose 23 percent in U.S. trading on Tuesday afternoon after the settlement was reported and is trading up another 6 percent pre-market. “You could argue that an agreement with Qualcomm will allow Apple to introduce 5G next year and then the demand for iPhones could pick up,” H&A analyst Robin Brass said in emailed comments, adding that this could positively affect suppliers in Europe.
(Bloomberg) -- The Italian government confirmed its gloomy outlook for the economy Tuesday, following a day of arguments, accusations and finger-pointing between the warring sides of the country’s populist coalition.
April 9, 2019 - STMicroelectronics (STM) (the "Company"), a global semiconductor leader serving customers across the spectrum of electronics applications, announces an update to one of the resolutions to be submitted for adoption at the Annual General Meeting of Shareholders (AGM) which will be held in Amsterdam, the Netherlands, on May 23, 2019. The Supervisory Board has resolved to propose the appointment of Ms. Lucia Morselli, in replacement of Mr. Salvatore Manzi, as member of the Supervisory Board, for a three-year term expiring at the 2022 AGM. This updated proposed resolution and the other previously announced agenda items for the 2019 AGM are available on the Company`s website.
Chips gained strength and Goldman led the Dow following the March payrolls report Friday, as the S&P 500 aimed for a seventh straight advance
PR N° C2887C Geneva - April 4, 2019 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced.
Is STMicroelectronics N.V. (NYSE:STM) a good bet right now? We like to analyze hedge fund sentiment before doing days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not a shortage of […]
Geneva - April 3, 2019 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announces that Mrs..
Semiconductor Stocks Fall on Fears of Prolonged Demand Slowdown(Continued from Prior Part)Infineon lowers fiscal 2019 outlook The semiconductor industry is set to report its worst quarterly results in a long time in the second quarter. In the
Semiconductor Stocks Fall on Fears of Prolonged Demand SlowdownSemiconductor companies’ growth outlook The semiconductor industry has been badly hurt by the economic downturn caused by the US-China (FXI) trade war. As things began to cool down
Geneva, March 28, 2019 -- Geneva, March 27, 2019 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics.