Showing posts with label Taiwan Semiconductor Manufacturing. Show all posts
Showing posts with label Taiwan Semiconductor Manufacturing. Show all posts

Wednesday, January 11, 2012

Arena (ARNA) (TSM) (VOLC) (VVUS) (AIZ) (CBI) Ratings Reiterated

Arena Pharmaceuticals, Inc. (NASDAQ: ARNA), Taiwan Semiconductor (NYSE: TSM), Volcano (NASDAQ: VOLC), VIVUS, Inc. (NASDAQ: VVUS), Assurant, Inc. (NYSE: AIZ) and Chicago Bridge & Iron Company (NYSE: CBI) had ratings on them reiterated by analysts.

Nomura (NYSE:NMR) reiterated its "Buy" rating on Taiwan Semiconductor (TSM).

Canaccord Genuity reiterated its "Hold" rating on Volcano (VOLC).

Jefferies Group (NYSE:JEF) reiterated its "Underperform" rating on VIVUS, Inc. (VVUS). They have a price target of $3.00 on the company.

Zacks Investment Research reiterated its "Neutral" rating on Assurant, Inc. (AIZ). They have a price target of $43.00 on the company.

Piper Jaffray (NYSE:PJC) reiterated its "Overweight" rating on Arena Pharmaceuticals, Inc. (ARNA).

Zacks Investment Research reiterated its "Neutral" rating on Chicago Bridge & Iron Company (CBI). They have a price target of $41.00 on the company.

Monday, May 9, 2011

Chips (MU) (INTC) (BRCM) (TSM) (XLNX) Under Pressure

Citing growing chip inventories, Goldman Sachs (NYSE:GS) says after supply checks it appears the chip sector and companies like Micron (NASDAQ:MU), Taiwan Semiconductor (NYSE:TSM), Xilinx (NASDAQ:XLNX), Broadcom (NASDAQ:BRCM) and Intel (NASDAQ:INTC) are under pressure as chip demand falls.

Goldman noted that Taiwan Semiconductor and China-based Semiconductor Manufacturing International Corp. (SMIC) have seen declining demand since the latter part of February.

The rise in chip inventories seems to be be largely across the industry, according to Goldman, and not company-specific events.

Xilinx (XLNX) was trading at $35.48, falling $0.25, or 0.70 percent. Broadcom (BRCM) was at $33.94, down $0.20, or 0.59 percent. Intel (INTC) was at $22.85, dropping $0.40, or 1.70 percent. Taiwan Semiconductor (TSM) was trading at $13.70, down $0.05, or 0.36 percent. Micron (NASDAQ:MU) was at $10.49, declining $0.38, or 3.50 percent.

Nvidia (NASDAQ:NVDA) and Applied Micro (NASDAQ:AMCC) went against the grain today, as they're both trading in positive territory as of 2:19 PM EDT.

Wednesday, April 27, 2011

Endo Pharmaceuticals (ENDP) (IACI) (CLUB) (TSM) Get Ratings Upgrades

InterActiveCorp (NASDAQ:IACI), Endo Pharmaceuticals (NASDAQ:ENDP), Town Sports International (NASDAQ:CLUB) and Taiwan Semiconductor (NYSE:TSM) all received ratings upgrades from various brokerages today.

InterActiveCorp (IACI) was upgraded by Citigroup (NYSE:C) from "Hold" to "Buy."

Endo Pharmaceuticals (ENDP) was added to the "Top Picks Live List" of Citigroup.

Town Sports International (CLUB) was upgraded from "Hold" to "Buy" at ThinkEquity.

Taiwan Semiconductor (TSM), whas was jumping today and getting a lot of trading volume, was added to Goldman Sachs' (NYSE:GS) "Conviction Buy list." They were trading at $13.21, gaining $0.65, or 5.18 percent, as of 2:28 PM EDT.

Friday, March 11, 2011

Buy (ADI) (TSM) (INTC) (LLTC) For Dividends?

Not too many investors think of dividends in relationship to tech stocks, but there are a few out there that give a decent return while still retaining growth.

Companies like Analog Devices (NYSE:ADI) and Linear Technologies (Nasdaq:LLTC) offer a dividend over 2 percent, while still generating returns in the double-digits.

Taiwan Semiconductor (NYSE:TSM) is another such company, which should enjoy growth for some time into the future.

Intel (Nasdaq:INTC) at this time has a current yield of close to 3.4%. While many believe Intel is doomed because of missing the initial surge in sales of of tablets and smartphones, we're really only at the beginning of that revolution, and there's a lot of time to adjust and grow there, assuming the devices really will last over the long run.

Analog Devices was trading at $37.98, up $0.06, or 0.16 percent, as of 2:14 PM EST. Taiwan Semiconductor was at $12.12. up $0.02, or 0.12 percent. Linear Technology was trading at $33.37, up $0.27, or 0.82 percent. Intel was at $20.84, gaining $0.05, or 0.26 percent.




Source

Wednesday, December 15, 2010

Taiwan Semiconductor (NYSE:TSM) Raises EPS Estimates

Responding to Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) raising their EPS estimates, Susquehanna has raised their price target on them while maintaining a "Neutral" rating.

Here are the positives on the company noted by Susquehanna:

"1) positive business momentum has continued following the Black Friday weekend; (2) key customers such as BRCM with exposure to new/growth products (such as Tablets) are continuing to increase starts, thus helping to minimize downside to utilization/gross margin; and (3) dividend payout is expected to increase in CY11."

The wafer start projection for 4!10 has also risen 1 percent, and is up 4 percent since November.

Full year EPS estimates for 2010 were raised by TSM from $6.15 to $6.23, and for full year 2011 from $5.76 to $6.37.

TSM closed Tuesday at $11.91, up $0.01, or 0.08 percent. Susquehanna raised their price target on them from $10 to $11.