Stock Analysts

Atmel Gears Up for Internet of Things, Closes Newport Media Buy

Touchscreen chipmaker Atmel Corporation ( ATML ) concluded the Newport Media acquisition in a strategic endeavor to increase its footprint in the ‘Internet of Things’ (IoT) market. The microcontroller and touch technology solutions leader acquired Newport Media, a maker of low-power Wi-Fi and bluetooth gear, for $140 million. The deal, announced in early July, is likely to be accretive to Atmel's non-GAAP financials in the second half of 2015 […]

Stock Analysts

SunPower Q2 Earnings Miss on Lower Revenues, Guidance Intact

SunPower Corporation ( SPWR ) reported second-quarter 2014 adjusted earnings per share of 22 cents, missing the Zacks Consensus Estimate by 5 cents. Earnings declined 48% year over year but were within the company’s guidance of 15 to 35 cents. Lower revenues from Americas and Europe, the Middle East and Africa accounted for the underperformance […]

Stock Analysts

Synageva Slips on Wider-than-Expected Q2 Loss

Synageva BioPharma Corp. ’s ( GEVA ) shares were down 5.9% following the announcement of second quarter 2014 results. The company’s second quarter 2014 loss came in at $1.52 per share, much wider than the year- ago loss of 81 cents per share and the Zacks Consensus Estimate of a loss of $1.37. […]