International Business News - SMTC http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Chip maker Semtech Corp. said Wednesday its third-quarter profit dropped 28 percent as sales notched 1 percent higher, but shares fell on weaker guidance. http://www.ibtimes.com/articles/20081119/semtechs-3rd-quarter-profit-drops-28-percent.htm Wed, 19 Nov 2008 19:44:38 EST Semiconductor sales totaled $23 billion in September, an increase of 1.6 percent from the same month last year and up 1.1 percent from August, the Semiconductor Industry Association said Thursday. http://www.ibtimes.com/articles/20081030/industry-group-september-chip-sales-up-1-6-pct.htm Thu, 30 Oct 2008 14:50:06 EDT Semtech Corp.'s second-quarter profit increased 29 percent to top analyst estimates on rising sales of the company's chips, which help manage power and protect circuits in computers, cell phones and other high-tech gadgets. http://www.ibtimes.com/articles/20080820/semtech-2q-profit-up-29-pct-topping-analyst-views.htm Wed, 20 Aug 2008 20:44:17 EDT Shares of Semtech Corp. dipped Friday after a Citi Investment Research analyst downgraded the stock to "Hold" from "Buy" following a fire reported at the chip maker's plant in Reynosa, Mexico. http://www.ibtimes.com/articles/20080815/semtech-dips-after-analyst-downgrades-to-hold.htm Fri, 15 Aug 2008 17:27:55 EDT Shares of semiconductor companies mostly slipped with the broader market Tuesday, although shares of ASM International NV and Mentor Graphics Corp. rose sharply following separate acquisition offers. http://www.ibtimes.com/articles/20080617/sector-snap-chip-stocks-mostly-fall-with-market.htm Tue, 17 Jun 2008 15:08:12 EDT The Standard & Poor's MidCap 400 index edged up during midday trading Tuesday as a multibillion-dollar takeover offer helped offset high oil prices and other negative economic data. http://www.ibtimes.com/articles/20080617/s-p-midcap-400-in-focus-ment-cnb.htm Tue, 17 Jun 2008 12:36:13 EDT Shares of Semtech Corp., which makes chips for power management and other applications, fell Tuesday after a Canaccord Adams analyst downgraded the company after his channel checks indicated weak power management bookings. http://www.ibtimes.com/articles/20080617/semtech-falls-after-canaccord-adams-downgrade.htm Tue, 17 Jun 2008 12:09:51 EDT A director of chip maker Semtech Corp. exercised options for 20,000 shares of common stock, according to a Securities and Exchange Commission filing. In a Form 4 filed Tuesday with the SEC, James Schraith reported he exercised the options Friday for $3.03 apiece and then sold all 20,000 shares on the same day for $17.50 to $17.52 apiece. http://www.ibtimes.com/articles/20080604/semtech-director-schraith-exercises-options.htm Wed, 04 Jun 2008 13:04:14 EDT Among the earnings projection stories for Wednesday, May 21, from AP Financial News: SUNNYVALE, Calif. (AP) _ NetApp Inc., a network storage company, on Wednesday issued fiscal first-quarter guidance that falls short of analyst expectations. http://www.ibtimes.com/articles/20080521/outlook-roundup-netapp-semtech.htm Wed, 21 May 2008 18:26:44 EDT Among the earnings stories for Wednesday, May 21, from AP Financial News: CITY OF INDUSTRY, Calif. (AP) _ Teen specialty retailer Hot Topic Inc. said Wednesday its first-quarter loss widened on a drop in same-store sales. http://www.ibtimes.com/articles/20080521/earnings-roundup-hot-topic-semtech.htm Wed, 21 May 2008 18:20:40 EDT Shares of Semtech Corp. rose in aftermarket electronic trading Wednesday after the chip maker forecast fiscal second-quarter income above analyst estimates. http://www.ibtimes.com/articles/20080521/semtech-projects-2nd-quarter-income-above-analysts.htm Wed, 21 May 2008 18:26:15 EDT Chip maker Semtech Corp. on Wednesday reported fiscal first-quarter income slightly above analyst estimates, sending shares up after hours. For the company's fiscal first quarter ended April 27, Semtech recorded income of $8.1 million, or 13 cents per share, compared with $7.9 million, or 11 cents per share, in the year-ago quarter. Excluding stock based compensation, a litigation settlement and other items, the company posted adjusted income of 22 cents per share. http://www.ibtimes.com/articles/20080521/semtech-posts-1st-quarter-income-above-analysts.htm Wed, 21 May 2008 17:06:58 EDT