In the United States, chipmakers are considered essential businesses and allowed to operate. Chip firms hope Singapore, where officials explicitly named semiconductors as an essential business, will cause fewer disruptions.
Computer chip makers are banking on less disruptions to their factories from this week's strict lockdown in Singapore than the havoc wreaked on their supply chains last month when Malaysia and the Philippines imposed vague restrictions about "essential" operations. In the United States, chipmakers are considered essential businesses and allowed to operate.
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Cypress Semiconductor Corporation (NASDAQ: CY) resulting from allegations that Cypress may have issued materially misleading business information to the investing public.
Moody's Investors Service, ("Moody's") rated NXP B.V.'s ("NXP") new tranches of senior unsecured notes due 2025 and 2027 ("New Notes") and the senior unsecured notes due 2030 ("New Green Notes") at Baa3. NXP has labeled the New Green Notes as Green Bonds and plans to fund eligible green projects (as defined in the bond indenture) over time in an amount equal to the net proceeds of the New Green Notes. The issuance of the New Bonds and New Green Bonds would initially raise leverage from 2.9x debt to EBITDA (year ended December 31, 2019) to about 3.6x, which would decline to 3.1x upon the redemption of the Senior Notes due 2021.
Cypress Semiconductor Corp. (NASDAQ: CY) today announced that Infineon Technologies AG has obtained antitrust clearance from China’s State Administration for Market Regulation ("SAMR") for Cypress' previously announced merger transaction with Infineon. Cypress expects the merger to close on or about April 16, 2020, pursuant to the terms of the merger agreement.
Infineon Technologies said on Tuesday that it had received final regulator clearance for its takeover of U.S. Cypress Semiconductor and that funding was in place to complete the deal. The German chipmaker announced the $10 billion takeover last June but the deal took longer than expected to reach the finish line as it underwent a U.S. review of its national security implications. The transaction, which will create a leader in automotive powertrain and in-car systems, is being funded with cash and committed acquisition financing from banks, Infineon said in a statement.
Pomerantz LLP is investigating claims on behalf of investors of Cypress Semiconductor Corporation (“Cypress” or the “Company”) (NASDAQ: CY). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. The investigation concerns whether Cypress and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
Cypress Semiconductor's CEO is a man of focus — whether working or relaxing, he brooks no distractions to the task at hand.
Trump plans to offer fiscal stimulus to counter coronavirus-related economic fallout. As the Wall Street rallied on the hopes, these ETFs and stocks gained massively.
S&P; SmallCap 600 constituent LHC Group Inc. (NASD: LHCG) will replace Cypress Semiconductor Corp. (NASD: CY) in the S&P; MidCap 400, and YETI Holdings Inc. (NYSE: YETI) will replace LHC Group in the S&P; SmallCap 600 prior to the open of trading on Friday, April 17. Infineon Technologies AG (XETR: IFX, PINX: IFNNY) is acquiring Cypress Semiconductor in a transaction expected to be completed soon pending final conditions.
Computer chip makers are banking on less disruptions to their factories from this week's strict lockdown in Singapore than the havoc wreaked on their supply chains last month when Malaysia and the Philippines imposed vague restrictions about "essential" operations. In the United States, chipmakers are considered essential businesses and allowed to operate.
Zacks.com featured highlights include: La-Z-Boy, Chipotle Mexican Grill, Ulta Beauty, Cypress Semiconductor and TopBuild
Cypress (CY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Top Analyst Reports for Eli Lilly, Charter Communications & Eaton
Cypress cleared a major regulatory hurdle for it planned sale to Infineon, while South Korea's MagnaChip hiked its revenue guidance.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
INVESTIGATION ALERT: The Schall Law Firm Announces It Is Investigating Claims Against Cypress Semiconductor Corporation.
Moody's Investors Service, ("Moody's") affirmed NXP B.V.'s ("NXP") Baa3 senior unsecured rating following a review of the company's credit profile considering NXP's large exposure to the automotive industry, which has reduced vehicle production levels due to the coronavirus pandemic. The ratings affirmation reflects NPX's resilient credit profile to the potentially significant weakening in automotive end market revenues in 2020. The credit profile benefits from NXP's limited capital intensity, which supports free cash flow ("FCF") generation, excellent liquidity, and a conservative financial policy, with adjusted debt to EBITDA of 2.9x (year ended December 31, 2019).
The Zacks Analyst Blog Highlights: Eli Lilly, Charter, Eaton, Autodesk and Cypress Semiconductor
Cypress Semiconductor Corp. (NASDAQ: CY) today unveiled solutions that give IoT product developers a simplified path to build high-quality, secure, and reliable IoT products. The solutions, branded IoT-AdvantEdge™, include connectivity devices and microcontrollers, software, tools and support, and capabilities from ecosystem partners to slash development complexity by solving critical IoT product design problems. With IoT-AdvantEdge, companies can overcome the challenges of wireless connectivity, device and cloud security, power consumption, device management and maintenance, component integration, consumer ease-of-use, human-machine interfaces, and platform monetization, to quickly bring reliable, secure, high-quality products to market.