Moody’s senior analyst Ken Chan put Chartered Semiconductor’s (CHRT) speculative-grade Ba2 rating under review for a possible downgrade after Abu Dhabi’s nationalized investment firm, ATIC, proposed to buy the Singapore-based company for $1.8 billion.

The acquisition would transfer the majority holding from Singapore investment agency, Temasek (Moody’s rating Aaa) to ATIC (Abu Dhabi’s sovereign rating Aa2).

Analysts differed on how the acquisition would affect Advanced Micro Devices (AMD), which had earlier united with ATIC to form Globalfoundries. Although Chartered and Globalfoundries will continue to operate as separate entities, increased scale of operations could result in cost synergies. Since AMD includes Globalfoundries in its consolidated results, the deal could shorten its road to profitability.

The deal would also open up Globalfoundries to several big customers, such as Microsoft Corp. (MSFT), Broadcom Corp. (BRCM), Marvell Technology Group (MRVL) and Texas Instruments (TXN). Its end market

...

For Immediate Release

Chicago, IL – August 24, 2009 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes Dell (DELL), Big Lots (BIG), Medtronic (MDT), Novell (NOVL), Staples (SPLS), Tiffany & Co. (TIF), Dollar Tree, Inc. (DLTR), Marvell Technology Group (MRVL) and Energy Conversion Devices (ENER). To see more earnings analysis, visit http://at.zacks.com/?id=3207.

Every day, Zacks.com makes 4 stock picks available, free of charge. To see them, go to http://at.zacks.com/?id=5612.

This Week's Events

Dell (DELL) will release its results on Thursday, after the close, as second-quarter earnings season nears an end. The technology company is projected to have earned 23 cents per share.

Joining Dell will be fellow S&P 500 members Big Lots (BIG), Medtronic (MDT), Novell (NOVL), Staples (SPLS) and Tiffany & Co. (TIF).

...

PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

 

Wednesday, July 22, 2009

PennyOmega.com Stock Report!

**************************************************************

MTN Satellite Services, a global provider of at-sea communications, connectivity and content services, has announced that it has been awarded a multi-year contract with Teekay Corporation (NYSE:TK) to provide its always-on VSAT satellite communication services on vessels operating throughout the world.

Marvell Technology Group (NASDAQ: MRVL) was the center of some heavy put trading on Tuesday, according to data from WhatsTrading.com. The stock saw more than 26,300 puts change hands yesterday, which is nearly four times the equity’s average daily trading volume. What’s more, roughly 71% of this volume crossed the tape at the ask price, indicating that the positions

...

DrStockPick.com Stock Report!

Wednesday, July 22, 2009

**************************************************************

MTN Satellite Services, a global provider of at-sea communications, connectivity and content services, has announced that it has been awarded a multi-year contract with Teekay Corporation (NYSE:TK) to provide its always-on VSAT satellite communication services on vessels operating throughout the world.

Marvell Technology Group (NASDAQ: MRVL) was the center of some heavy put trading on Tuesday, according to data from WhatsTrading.com. The stock saw more than 26,300 puts change hands yesterday, which is nearly four times the equity’s average daily trading volume. What’s more, roughly 71% of this volume crossed the tape at the ask price, indicating that the positions were most likely purchased.

Patni Computer Systems (NYSE: PTI), a leading global IT and BPO services provider,

...

For Immediate Release

Chicago, IL - June 11, 2009 - Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week's analysis include Texas Instruments (TXN), Analog Devices (ADI), Cree (CREE), Marvell Technology Group (MRVL), Semtech (SMTC) and S&P Semiconductor SPDR (XSD).

Zacks Industry Rank Analysis is written by Charles Rotblut, CFA, Senior Market Analyst for Zacks.com.

This Week: Chip Industry Starting to Recover

The chip industry is showing signs of recovery as 3 different sets of data show.

On Monday afternoon, Texas Instruments (TXN) raised its second-quarter guidance. Revenues should total between $2.3 billion to $2.5 billion, versus the previous forecast of $1.95 billion to $2.40 billion. Earnings should be between 14 cents and 22 cents per share, versus the previous forecast of 1 cent to 15 cents.

...

The chip industry is showing signs of recovery as 3 different sets of data show.

On Monday afternoon, Texas Instruments (

...

For Immediate Release

Chicago, IL - May 25, 2009 - Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes Dell (DELL), AutoZone (AZO), Big Lots (BIG), Costco (COST), General Motors (GM), Marvell Technology Group (MRVL) and DSW, Inc. (DSW). To see more earnings analysis, visit http://at.zacks.com/?id=3207.

Every day, Zacks.com makes 4 stock picks available, free of charge. To see them, go to http://at.zacks.com/?id=3567.

The Week's Events

Dell (DELL), AutoZone (AZO), Big Lots (BIG) and Costco (COST) are among the most notable names for what will be a light week for earnings. Just 81 companies are confirmed to report, 9 of which are S&P 500 (SPX) members.

Housing data will be among the

...

Dell (

...

Tower Semiconductor Ltd. (NASDAQ: TSEM) ended the week on a high note by announcing its merger with Jazz Technologies. The merger means the new company, Jazz Semiconductor, is created as a wholly-owned subsidiary of Tower Semiconductor. Tower is a specialty wafer foundry, while Jazz is a well-known specialist in Analog-Intensive Mixed-Signal Foundry solutions.

“We expect the merger of the two companies to provide expanded opportunities for growth based on the significant cross-selling opportunities and the broader, more complete product, technology, and service portfolio we are now able to offer to customers,” said Tower CEO Russell Ellwanger. “[We expect] significant improvements to our financial results, EBITDA and cash flow margins.”

In the move, Jazz Chairman and CEO will retire and begin to serve as a special advisor to the new Board of Directors. Ellwanger has been named chairman of the Jazz board of directors and is responsible for developing the final merger plan

...

Everyone that loves to make money knows that growth in earnings and sales is very important in the best stock. For those that are looking to put their money in a relatively cheap technology stock that is showing some huge recent growth in EPS and sales look no further than Marvell Technology Group (MRVL).

MRVL is an Electronice-Semiconductor Manufacturing stock that designs analog, digital, mixed-signal and microprocessor ICS for storage, telecom/data, and consumer markets. Recently on June 3rd the company introduced the 88NV8120 PCI Express-based NAND flash controller for use in both PC’s and Mobile Internet Devices. It is very cool products like this that now has the stock making investors a lot of money since the January lows. And I doubt the price gains are finished right here.

MRVL has recently shown some amazing EPS growth with EPS growing 17%, 567%, and 380% the past three quarters. Not only is the …