Skyworks Solutions (SWKS) 79.50 $SWKS
WeissLaw LLP: PMC-Sierra Inc. Acquisition By Skyworks Solutions Inc. May Not Be In The Best Interest Of PMCS Shareholders
PR Newswire - Fri Oct 09, 12:27PM CDT
The fairness of the proposed acquisition of PMC-Sierra Inc. ("PMCS" or the "Company"
by Skyworks Solutions Inc. is the subject of an investigation by WeissLaw LLP, a national class action, shareholder rights law firm. The investigation focuses on possible breaches of fiduciary duty and other violations of law by the Board of Directors of PMCS for agreeing to sell the Company to Skyworks. On October 5, 2015, the Company announced it had reached a definitive agreement for Skyworks to acquire all outstanding shares of PMCS in a transaction valued at approximately $2 billion. Under the terms of the agreement, PMCS shareholders will receive $10.50 in cash for each PMCS share they own.
SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
Jim Cramer -- Airlines Are Set to Lift Off; Medical Device Makers Look Healthy
at The Street - Fri Oct 09, 11:11AM CDT
Jim Cramer answered viewers' social media questions about airlines, energy stocks, payment companies and more.
KMI: 32.35 (-0.33), MDT: 72.60 (+0.55), SWKS: 79.50 (+0.07), FB: 93.24 (+0.77), DAL: 47.21 (+1.25), EW: 148.22 (+1.95), PYPL: 32.06 (+0.39), ALK: 75.92 (+0.16), UAL: 55.71 (+3.45), BSX: 16.88 (+0.09), NFLX: 113.33 (-1.60), ETP: 46.39 (+0.91), V: 73.98 (+0.08), RIG: 16.98 (+0.68), EBAY: 24.30 (+0.15), TWTR: 30.85 (+0.53), AAPL: 112.12 (+2.62), CSCO: 27.91 (unch), MA: 95.82 (-0.05)
Nasdaq Hit By More Selling; Chipotle Upgraded Ahead Of Q3 Results
at Investor's Business Daily - Thu Oct 08, 12:28PM CDT
The Dow Jones industrial average and S&P 500 were slightly lower in early afternoon trading Thursday, but tech stocks lagged again, ahead of the release of the Fed minutes at 2 p.m. ET. The Nasdaq slumped 1%, weighed down by more weakness in...
EBAY: 24.30 (+0.15), SWKS: 79.50 (+0.07), AFSI: 66.11 (+0.19), HA: 27.29 (+1.20), CMG: 732.93 (-1.84), DPZ: 105.38 (+2.74), EMC: 27.86 (+0.68)
Everything Wants to Go Up at the Same Time
at The Street - Thu Oct 08, 12:18PM CDT
This rolling bear market can be deceptive.
MMM: 149.90 (+0.42), GE: 28.07 (+0.04), CLX: 120.52 (+0.34), HON: 101.16 (+0.09), KMB: 114.73 (+0.93), PSTG: 16.60 (+0.67), M: 51.00 (-0.47), XOM: 79.26 (-0.77), BWLD: 196.14 (-1.07), JNPR: 29.40 (-0.40), JACK: 77.41 (+1.62), ECA: 8.76 (-0.26), IBM: 152.39 (+0.11), CMG: 732.93 (-1.84), TGT: 78.88 (+0.19), COST: 153.97 (+2.31), GOOGL: 671.24 (+4.24), EMC: 27.86 (+0.68), TWTR: 30.85 (+0.53), AAPL: 112.12 (+2.62), MBLY: 49.27 (+1.38), UNP: 97.04 (-0.01), CSCO: 27.91 (unch), GPRO: 29.08 (+1.48), AMZN: 539.80 (+6.64), SWKS: 79.50 (+0.07), FB: 93.24 (+0.77), BA: 139.70 (+0.66), HPQ: 29.30 (+0.12), DIN: 91.64 (+0.08), CELG: 117.38 (-0.59), DENN: 11.19 (+0.09), NFLX: 113.33 (-1.60), GILD: 100.65 (-0.16), MCD: 102.76 (-0.19), PG: 74.48 (+0.08), MRO: 19.59 (-0.59), CVX: 89.57 (-0.34)
Levi & Korsinsky, LLP Notifies Shareholders of PMC-Sierra Inc. of an Investigation Concerning the Fairness of the Sale of the Company to Skyworks Solutions, Inc. -- PMCS
Business Wire - Thu Oct 08, 11:25AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of PMC-Sierra Inc. (PMCS) Over the Proposed Sale of the Company to Skyworks Solutions, Inc.
Business Wire - Thu Oct 08, 9:59AM CDT
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of PMC-Sierra Inc. ("PMC" or the "Company" (NasdaqGS
MCS) for potential breaches of fiduciary duties in connection with the sale of the Company to Skyworks Solutions, Inc. for approximately $2 billion in a cash transaction.
SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of PMC-Sierra Inc. of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Skyworks Solutions, Inc. -- PMCS
PR Newswire - Thu Oct 08, 8:53AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
Brodsky & Smith, LLC Announces Investigation of The Board of Directors of PMC-SIERRA, Inc.
Business Wire - Thu Oct 08, 5:05AM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of PMC-SIERRA, Inc. ("PMC-Sierra" or "the Company" (Nasdaq: PMCS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Skyworks Solutions, Inc. ("Skyworks".
SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
Ryan & Maniskas, LLP Announces Investigation of PMC-Sierra Inc.
PR Newswire - Wed Oct 07, 9:45AM CDT
Ryan & Maniskas, LLP is investigating potential claims against the board of directors of PMC-Sierra Inc. ("PMC-Sierra" or the "Company" (NASDAQ: PMCS) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Skyworks Solutions, Inc. in a transaction valued at approximately $2 billion.
SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
Company News for October 07, 2015
Zacks Equity Research - Zacks Investment Research - Wed Oct 07, 9:10AM CDT
Companies in the News are: PEP,PMCS,SWKS,TCS,SUNE
SWKS: 79.50 (+0.07), SUNE: 9.25 (+0.09), TCS: 11.90 (+0.15), PMCS: 10.29 (+0.09), PEP: 99.47 (+0.50)
PMC-SIERRA INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PMC-Sierra, Inc.
PR Newswire - Tue Oct 06, 10:22PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF" are investigating the proposed sale of PMC-Sierra, Inc. ("PMCS" or the "Company" (NASDAQ: PMCS) to Skyworks Solutions, Inc. (NASDAQ: SWKS). Under the terms of the proposed transaction, shareholders of PMCS will receive only $10.50 in cash for each share of PMCS that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of PMC-SIERRA, Inc.
Business Wire - Tue Oct 06, 8:48PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of PMC-SIERRA, Inc. ("PMC-Sierra" or "the Company" (Nasdaq: PMCS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Skyworks Solutions, Inc. ("Skyworks".
SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
Jim Cramer's 'Mad Money' Recap: What Ails the Market? Drug Stocks
at The Street - Tue Oct 06, 7:04PM CDT
The drug stocks are competing with the oil patch for the prize of the worst sector in the entire market, Cramer says.
TDOC: 17.25 (+0.45), FEYE: 31.89 (+0.39), BX: 34.12 (+0.11), SWKS: 79.50 (+0.07), CYBR: 52.91 (-0.46), STX: 49.03 (+0.70), CNP: 18.67 (-0.07), INTC: 32.14 (-0.38), PANW: 171.88 (+2.29), PEP: 99.47 (+0.50), RIG: 16.98 (+0.68), CMG: 732.93 (-1.84), CVS: 102.00 (-0.17), DD: 56.18 (+0.05), LINE: 3.36 (-0.05), MSFT: 47.11 (-0.34), PINC: 36.49 (-0.43), CSCO: 27.91 (unch)
EQUITY ALERT: Rosen Law Firm Announces Investigation of PMC-Sierra, Inc. Concerning its Proposed Sale to Skyworks Solutions, Inc. - PMCS
Business Wire - Tue Oct 06, 4:32PM CDT
Rosen Law Firm, a global investor rights law firm, announces that it is investigating the Board of Directors of PMC-Sierra, Inc. (NASDAQMCS) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop PMC-Sierra to maximize shareholder value before agreeing to be acquired by Skyworks Solutions, Inc. (NASDAQ:SWKS).
SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
After Yesterday's Decline of 1.42%, Skyworks Solutions Offers Investors Better Value
Comtex SmarTrend(R) - Tue Oct 06, 3:47PM CDT
Skyworks Solutions (NASDAQ:SWKS) traded in a range yesterday that spanned from a low of $74.51 to a high of $82.49. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $81.11 on volume of 15.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SWKS: 79.50 (+0.07)
Look for Shares of Skyworks Solutions to Potentially Rebound after Yesterday's 1.42% Sell Off
Comtex SmarTrend(R) - Tue Oct 06, 3:47PM CDT
Skyworks Solutions (NASDAQ:SWKS) traded in a range yesterday that spanned from a low of $74.51 to a high of $82.49. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $81.11 on volume of 15.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SWKS: 79.50 (+0.07)
DuPont and Illumina are big market movers
AP - Tue Oct 06, 3:44PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
GE: 28.07 (+0.04), SWKS: 79.50 (+0.07), ILMN: 147.77 (+7.40), TCS: 11.90 (+0.15), CELG: 117.38 (-0.59), PEP: 99.47 (+0.50), AA: 10.26 (-0.75), NWL: 42.22 (-0.20), ONCE: 49.30 (+1.86), DE: 79.87 (-1.04), DD: 56.18 (+0.05), BP: 35.96 (unch), TWTR: 30.85 (+0.53), GIS: 56.61 (+0.13)
Stocks Close Mixed as Biotech Slumps, Energy Jumps
at The Street - Tue Oct 06, 3:38PM CDT
It's a very different day of trading for the investor favoring energy stocks compared to those hedging their bets on biotech.
BIIB: 269.16 (-10.72), SWKS: 79.50 (+0.07), HAL: 39.65 (-0.76), ILMN: 147.77 (+7.40), XOM: 79.26 (-0.77), IBB: 308.45 (+1.25), COP: 56.10 (-0.18), PMCS: 10.29 (+0.09), TCS: 11.90 (+0.15), LLY: 86.14 (+2.37), BMY: 61.44 (+0.93), ENS: 65.12 (-0.87), PEP: 99.47 (+0.50), AA: 10.26 (-0.75), DD: 56.18 (+0.05), TEVA: 58.96 (-0.28), CVX: 89.57 (-0.34), PTR: 80.09 (-0.93), JCI: 44.30 (-0.09), XLE: 68.94 (-0.45)
Robbins Arroyo LLP: Acquisition of PMC-Sierra, Inc. (PMCS) by Skyworks Solutions, Inc. (SWKS) May Not Be in Shareholders' Best Interests
PR Newswire - Tue Oct 06, 2:45PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of PMC-Sierra, Inc. (Nasdaq: PMCS) by Skyworks Solutions, Inc. (Nasdaq: SWKS). On October 5, 2015, the two companies announced the signing of a definitive merger agreement pursuant to which Skyworks Solutions will acquire PMC-Sierra. Under the terms of the agreement, PMC-Sierra shareholders will receive $10.50 in cash for each share of PMC-Sierra common stock.
SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
WeissLaw LLP: PMC-Sierra Inc. Acquisition By Skyworks Solutions Inc. May Not Be In The Best Interest Of PMCS Shareholders
PR Newswire - Fri Oct 09, 12:27PM CDT
The fairness of the proposed acquisition of PMC-Sierra Inc. ("PMCS" or the "Company"
by Skyworks Solutions Inc. is the subject of an investigation by WeissLaw LLP, a national class action, shareholder rights law firm. The investigation focuses on possible breaches of fiduciary duty and other violations of law by the Board of Directors of PMCS for agreeing to sell the Company to Skyworks. On October 5, 2015, the Company announced it had reached a definitive agreement for Skyworks to acquire all outstanding shares of PMCS in a transaction valued at approximately $2 billion. Under the terms of the agreement, PMCS shareholders will receive $10.50 in cash for each PMCS share they own. SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
Jim Cramer -- Airlines Are Set to Lift Off; Medical Device Makers Look Healthy
at The Street - Fri Oct 09, 11:11AM CDT
Jim Cramer answered viewers' social media questions about airlines, energy stocks, payment companies and more.
KMI: 32.35 (-0.33), MDT: 72.60 (+0.55), SWKS: 79.50 (+0.07), FB: 93.24 (+0.77), DAL: 47.21 (+1.25), EW: 148.22 (+1.95), PYPL: 32.06 (+0.39), ALK: 75.92 (+0.16), UAL: 55.71 (+3.45), BSX: 16.88 (+0.09), NFLX: 113.33 (-1.60), ETP: 46.39 (+0.91), V: 73.98 (+0.08), RIG: 16.98 (+0.68), EBAY: 24.30 (+0.15), TWTR: 30.85 (+0.53), AAPL: 112.12 (+2.62), CSCO: 27.91 (unch), MA: 95.82 (-0.05)
Nasdaq Hit By More Selling; Chipotle Upgraded Ahead Of Q3 Results
at Investor's Business Daily - Thu Oct 08, 12:28PM CDT
The Dow Jones industrial average and S&P 500 were slightly lower in early afternoon trading Thursday, but tech stocks lagged again, ahead of the release of the Fed minutes at 2 p.m. ET. The Nasdaq slumped 1%, weighed down by more weakness in...
EBAY: 24.30 (+0.15), SWKS: 79.50 (+0.07), AFSI: 66.11 (+0.19), HA: 27.29 (+1.20), CMG: 732.93 (-1.84), DPZ: 105.38 (+2.74), EMC: 27.86 (+0.68)
Everything Wants to Go Up at the Same Time
at The Street - Thu Oct 08, 12:18PM CDT
This rolling bear market can be deceptive.
MMM: 149.90 (+0.42), GE: 28.07 (+0.04), CLX: 120.52 (+0.34), HON: 101.16 (+0.09), KMB: 114.73 (+0.93), PSTG: 16.60 (+0.67), M: 51.00 (-0.47), XOM: 79.26 (-0.77), BWLD: 196.14 (-1.07), JNPR: 29.40 (-0.40), JACK: 77.41 (+1.62), ECA: 8.76 (-0.26), IBM: 152.39 (+0.11), CMG: 732.93 (-1.84), TGT: 78.88 (+0.19), COST: 153.97 (+2.31), GOOGL: 671.24 (+4.24), EMC: 27.86 (+0.68), TWTR: 30.85 (+0.53), AAPL: 112.12 (+2.62), MBLY: 49.27 (+1.38), UNP: 97.04 (-0.01), CSCO: 27.91 (unch), GPRO: 29.08 (+1.48), AMZN: 539.80 (+6.64), SWKS: 79.50 (+0.07), FB: 93.24 (+0.77), BA: 139.70 (+0.66), HPQ: 29.30 (+0.12), DIN: 91.64 (+0.08), CELG: 117.38 (-0.59), DENN: 11.19 (+0.09), NFLX: 113.33 (-1.60), GILD: 100.65 (-0.16), MCD: 102.76 (-0.19), PG: 74.48 (+0.08), MRO: 19.59 (-0.59), CVX: 89.57 (-0.34)
Levi & Korsinsky, LLP Notifies Shareholders of PMC-Sierra Inc. of an Investigation Concerning the Fairness of the Sale of the Company to Skyworks Solutions, Inc. -- PMCS
Business Wire - Thu Oct 08, 11:25AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of PMC-Sierra Inc. (PMCS) Over the Proposed Sale of the Company to Skyworks Solutions, Inc.
Business Wire - Thu Oct 08, 9:59AM CDT
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of PMC-Sierra Inc. ("PMC" or the "Company"
(NasdaqGSMCS) for potential breaches of fiduciary duties in connection with the sale of the Company to Skyworks Solutions, Inc. for approximately $2 billion in a cash transaction. SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of PMC-Sierra Inc. of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Skyworks Solutions, Inc. -- PMCS
PR Newswire - Thu Oct 08, 8:53AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
Brodsky & Smith, LLC Announces Investigation of The Board of Directors of PMC-SIERRA, Inc.
Business Wire - Thu Oct 08, 5:05AM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of PMC-SIERRA, Inc. ("PMC-Sierra" or "the Company"
(Nasdaq: PMCS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Skyworks Solutions, Inc. ("Skyworks". SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
Ryan & Maniskas, LLP Announces Investigation of PMC-Sierra Inc.
PR Newswire - Wed Oct 07, 9:45AM CDT
Ryan & Maniskas, LLP is investigating potential claims against the board of directors of PMC-Sierra Inc. ("PMC-Sierra" or the "Company"
(NASDAQ: PMCS) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Skyworks Solutions, Inc. in a transaction valued at approximately $2 billion. SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
Company News for October 07, 2015
Zacks Equity Research - Zacks Investment Research - Wed Oct 07, 9:10AM CDT
Companies in the News are: PEP,PMCS,SWKS,TCS,SUNE
SWKS: 79.50 (+0.07), SUNE: 9.25 (+0.09), TCS: 11.90 (+0.15), PMCS: 10.29 (+0.09), PEP: 99.47 (+0.50)
PMC-SIERRA INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PMC-Sierra, Inc.
PR Newswire - Tue Oct 06, 10:22PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF"
are investigating the proposed sale of PMC-Sierra, Inc. ("PMCS" or the "Company" (NASDAQ: PMCS) to Skyworks Solutions, Inc. (NASDAQ: SWKS). Under the terms of the proposed transaction, shareholders of PMCS will receive only $10.50 in cash for each share of PMCS that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of PMC-SIERRA, Inc.
Business Wire - Tue Oct 06, 8:48PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of PMC-SIERRA, Inc. ("PMC-Sierra" or "the Company"
(Nasdaq: PMCS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Skyworks Solutions, Inc. ("Skyworks". SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
Jim Cramer's 'Mad Money' Recap: What Ails the Market? Drug Stocks
at The Street - Tue Oct 06, 7:04PM CDT
The drug stocks are competing with the oil patch for the prize of the worst sector in the entire market, Cramer says.
TDOC: 17.25 (+0.45), FEYE: 31.89 (+0.39), BX: 34.12 (+0.11), SWKS: 79.50 (+0.07), CYBR: 52.91 (-0.46), STX: 49.03 (+0.70), CNP: 18.67 (-0.07), INTC: 32.14 (-0.38), PANW: 171.88 (+2.29), PEP: 99.47 (+0.50), RIG: 16.98 (+0.68), CMG: 732.93 (-1.84), CVS: 102.00 (-0.17), DD: 56.18 (+0.05), LINE: 3.36 (-0.05), MSFT: 47.11 (-0.34), PINC: 36.49 (-0.43), CSCO: 27.91 (unch)
EQUITY ALERT: Rosen Law Firm Announces Investigation of PMC-Sierra, Inc. Concerning its Proposed Sale to Skyworks Solutions, Inc. - PMCS
Business Wire - Tue Oct 06, 4:32PM CDT
Rosen Law Firm, a global investor rights law firm, announces that it is investigating the Board of Directors of PMC-Sierra, Inc. (NASDAQ
MCS) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop PMC-Sierra to maximize shareholder value before agreeing to be acquired by Skyworks Solutions, Inc. (NASDAQ:SWKS). SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
After Yesterday's Decline of 1.42%, Skyworks Solutions Offers Investors Better Value
Comtex SmarTrend(R) - Tue Oct 06, 3:47PM CDT
Skyworks Solutions (NASDAQ:SWKS) traded in a range yesterday that spanned from a low of $74.51 to a high of $82.49. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $81.11 on volume of 15.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SWKS: 79.50 (+0.07)
Look for Shares of Skyworks Solutions to Potentially Rebound after Yesterday's 1.42% Sell Off
Comtex SmarTrend(R) - Tue Oct 06, 3:47PM CDT
Skyworks Solutions (NASDAQ:SWKS) traded in a range yesterday that spanned from a low of $74.51 to a high of $82.49. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $81.11 on volume of 15.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SWKS: 79.50 (+0.07)
DuPont and Illumina are big market movers
AP - Tue Oct 06, 3:44PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
GE: 28.07 (+0.04), SWKS: 79.50 (+0.07), ILMN: 147.77 (+7.40), TCS: 11.90 (+0.15), CELG: 117.38 (-0.59), PEP: 99.47 (+0.50), AA: 10.26 (-0.75), NWL: 42.22 (-0.20), ONCE: 49.30 (+1.86), DE: 79.87 (-1.04), DD: 56.18 (+0.05), BP: 35.96 (unch), TWTR: 30.85 (+0.53), GIS: 56.61 (+0.13)
Stocks Close Mixed as Biotech Slumps, Energy Jumps
at The Street - Tue Oct 06, 3:38PM CDT
It's a very different day of trading for the investor favoring energy stocks compared to those hedging their bets on biotech.
BIIB: 269.16 (-10.72), SWKS: 79.50 (+0.07), HAL: 39.65 (-0.76), ILMN: 147.77 (+7.40), XOM: 79.26 (-0.77), IBB: 308.45 (+1.25), COP: 56.10 (-0.18), PMCS: 10.29 (+0.09), TCS: 11.90 (+0.15), LLY: 86.14 (+2.37), BMY: 61.44 (+0.93), ENS: 65.12 (-0.87), PEP: 99.47 (+0.50), AA: 10.26 (-0.75), DD: 56.18 (+0.05), TEVA: 58.96 (-0.28), CVX: 89.57 (-0.34), PTR: 80.09 (-0.93), JCI: 44.30 (-0.09), XLE: 68.94 (-0.45)
Robbins Arroyo LLP: Acquisition of PMC-Sierra, Inc. (PMCS) by Skyworks Solutions, Inc. (SWKS) May Not Be in Shareholders' Best Interests
PR Newswire - Tue Oct 06, 2:45PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of PMC-Sierra, Inc. (Nasdaq: PMCS) by Skyworks Solutions, Inc. (Nasdaq: SWKS). On October 5, 2015, the two companies announced the signing of a definitive merger agreement pursuant to which Skyworks Solutions will acquire PMC-Sierra. Under the terms of the agreement, PMC-Sierra shareholders will receive $10.50 in cash for each share of PMC-Sierra common stock.
SWKS: 79.50 (+0.07), PMCS: 10.29 (+0.09)
