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CEVA Restructuring Includes CEO Switch
Friday, January 17, 2020 - 12:05pm | 472The CMA CGM Group is entering "a second phase" in its efforts to restructure CEVA Logistics' balance sheet. A year after it launched its tender offer for CEVA Logistics, the CMA CGM Group said it was strengthening CEVA in a bid to return the forwarder to profitability. "After an initial...
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CMA CGM Aims To Raise $2 Billion To Pay Loans On CEVA Purchase
Monday, November 25, 2019 - 12:56pm | 1083A sharp reduction in costs helped CMA CGM boost profits in the third quarter, but the purchase of CEVA Logistics continues to weigh heavily on the bottom line of the container shipping and logistics conglomerate. CMA CGM's core earnings before interest, taxes, depreciation and amortization (EBITDA...
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CEVA Brings Ocean Freight Booking Online With Help From Kontainers
Thursday, September 12, 2019 - 9:21am | 511CEVA Logistics, one of the top 10 freight forwarders in the world, signed a deal with logistics software provider Kontainers to provide the online engine for quoting and booking container ship capacity. With the new online quote offering, CEVA joins a host of other major logistics firms that are...
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UPDATE: Oppenheimer Initiates CEVA at Outperform
Wednesday, June 22, 2011 - 9:41am | 143Oppenheimer is out with its report today on CEVA (NASDAQ: CEVA), initiating CEVA at Outperform. In a note to clients, Oppenheimer writes, "We are initiating on CEVA Inc. with an Outperform rating and a price target of $34. CEVA is a quality name which leads in both market share and technology...
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Oppenheimer Initiates Coverage On CEVA, RRST, TSEM, RTLX
Wednesday, June 22, 2011 - 7:04am | 64Oppenheimer has initiated coverage on the following companies: CEVA Inc. (NASDAQ: CEVA) Outperform, $34 PT RRsat Global Communications (NASDAQ: RRST) Outperform, $9 PT Tower Semiconductor (NASDAQ: TSEM) Outperform, $1.50 PT Retalix (NASDAQ: RTLX) Perform, $15 PT
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Sterne Agee Reiterates Buy Rating On CEVA
Wednesday, June 15, 2011 - 9:03am | 125According to Sterne Agee, CEVA (NASDAQ: CEVA) Buy rating is reiterated. Sterne Agee said that in 2010, almost 1B 2G/2.5G handsets were shipped which continues to be a strong target market for CEVA with Nokia (NOK, $6.26, Not Rated). We believe CEVA is also seeing strong traction with STEric (ERIC...
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Sterne Agee Raising Estimates and Price Target On CEVA
Monday, April 18, 2011 - 8:50am | 97According to Sterne Agee, CEVA (NASDAQ: CEVA) is expected to report its quarter on April-27th before market open. Sterne Agee reported that current C1Q11(Mar) consensus is for $13.8M/$0.20 versus guidance of $13.3-14.3M. “Raising our C1Q11 EPS higher, as we had higher Operating expenses modeled....
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CEVA Upgrading On Improving Outlook
Tuesday, March 1, 2011 - 8:52am | 143According to Wunderlich Securities, CEVA Inc. (NASDAQ: CEVA) is upgrading on improving outlook and better price licensing new applications to yield long-term royalty acceleration. Wunderlich Securities reported that it is encouraged by what it saw at Mobile World Congress (MWC) in mid-February, and...
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Wunderlich Upgrades CEVA To Buy, PT To $27
Tuesday, March 1, 2011 - 7:43am | 28Wunderlich Securities has upgraded CEVA, Inc. (NASDAQ: CEVA) from Hold to Buy and has raised the price target from $25 to $27.
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Wunderlich Securities Provides Color On CEVA 4Q
Tuesday, February 1, 2011 - 8:43am | 146CEVA, Inc. (NASDAQ: CEVA) reported 4Q10 earnings of $0.19 on revenue of $13.0 million, which increased nearly 28% for the strongest revenue growth since the company became public approximately eight years ago, Wunderlich Securities reports. “We had forecast EPS of $0.17 on sales of $12.5 million (...
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Wunderlich Raises PT On CEVA To $25
Tuesday, February 1, 2011 - 8:17am | 27Wunderlich Securities has raised the price target on CEVA, Inc. (NASDAQ: CEVA) from $23 to $25 and maintains its Hold rating.
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Sterne Agee Raises PT On CEVA To $26
Tuesday, February 1, 2011 - 8:00am | 27Sterne Agee has raised the price target on CEVA, Inc. (NASDAQ: CEVA) from $19 to $26 and maintains its Buy rating.
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Wunderlich Securities Maintains Estimates, $23 PT On CEVA
Wednesday, January 26, 2011 - 2:28pm | 137Wunderlich Securities is maintaining its estimates and $23 PT on CEVA, Inc. (NASDAQ: CEVA). “Expanded scope of licensee design-wins shipping to Nokia (NYSE: NOK), Samsung, and indigenous Asian manufacturers bode well for Ceva, Inc.'s (CEVA) 4Q10 and outlook,” Wunderlich Securities writes. “Changes...
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CEVA-TeakLite-III DSP Receives DTS-HD Master Audio™ Logo Certification
Wednesday, January 12, 2011 - 8:29am | 228CEVA, Inc. (Nasdaq: CEVA), the leading licensor of silicon intellectual property (SIP) platform solutions and DSP cores, announced today that its CEVA-TeakLite-III DSP core has been awarded DTS-HD Master Audio™ Logo certification. The certification, achieved using fully optimized SW implementations...
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Top Stocks Of CES 11
Friday, January 7, 2011 - 4:30pm | 337Phil Laverson, an equity portfolio manager at Matrix LLC, says that there are three names that will be within every tablet that's being manufactured: (1) ARM Holdings (NASDAQ: ARMH) (2) CEVA (NASDAQ: CEVA) (3) MIPS Technologies (NASDAQ: MIPS). “If you don't have an ARM core in your tablet, you're...