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Morgan Stanley Upgrades ON Semiconductor, Sees Wide Range Of Potential Positive Opportunities
Thursday, September 22, 2016 - 8:31am | 405Morgan Stanley has upgraded ON Semiconductor Corp (NASDAQ: ON) to Equal Weight from Underweight following the company's highly accretive Fairchild Semiconductor deal, which is balanced by higher debt and the company's checkered history with M&A. "We are Equal-weight ON as sizeable EPS...
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ON Semiconductor Extends Tender Offer To Acquire Fairchild Semiconductor
Friday, February 19, 2016 - 9:56am | 224Fairchild Semiconductor Intl Inc (NASDAQ: FCS) announced on Tuesday that its board of directors rejected an offer to be acquired by a consortium of investors led by China Resources Microelectronics and Hua Capital Management for $21.70 per share. At the same time, the company reaffirmed its...
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Fairchild Semiconductor Says Purchase Proposal From China Resources Is Not A Superior Bid Compared To ON Semiconductor
Tuesday, February 16, 2016 - 2:25pm | 269Shares of Fairchild Semiconductor Intl Inc (NASDAQ: FCS) lost more than 2 percent on Tuesday after the company reaffirmed its commitment to be acquired by ON Semiconductor Cor. Fairchild Semiconductor agreed to be acquired by ON Semiconductor Corp on November 18, 2015 for $20 per share. The...
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ON Semiconductor, Fairchild Semiconductor Trading Higher Following Extension Of Tender Offer
Thursday, January 21, 2016 - 2:23pm | 133Shares of ON Semiconductor Corp (NASDAQ: ON) were trading higher by nearly 2 percent at $8.42 early Thursday afternoon after the company extended its tender offer to acquire all the outstanding shares of Fairchild Semiconductor Intl Inc (NASDAQ: FCS) for $20 per share. ON Semiconductor extended...
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Here's Why Fairchild Semiconductor Is Up 3.5%
Tuesday, January 5, 2016 - 11:03am | 126Shares of Fairchild Semiconductor Intl Inc (NASDAQ: FCS) were trading higher by nearly 4 percent Tuesday morning. Fairchild Semiconductor entered into a merger agreement with ON Semiconductor Corp (NASDAQ: ON) back in November. Bloomberg on Tuesday reported that Fairchild has now received a...
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Fairchild Semiconductor Will 'Carefully Review And Consider' Revised Unsolicited Proposal
Wednesday, December 30, 2015 - 9:16am | 151Shares of Fairchild Semiconductor Intl Inc (NASDAQ: FCS) rose more than 3 percent early Wednesday morning after the company confirmed receipt of a revised unsolicited proposal. On November 18, Fairchild entered into an agreement and plan of merger with a subsidiary of ON Semiconductor Corp (...
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J.P. Morgan Reiterates Overweight on Fairchild Semiconductor
Friday, July 15, 2011 - 8:33am | 104J.P. Morgan is out with its report today on Fairchild Semiconductor (NYSE: FCS), reiterating Overweight. In a note to clients, J.P. Morgan writes, "Today before the open, Fairchild reported its 2Q11 results. Although the company's 2Q11 print was mixed, its 3Q11 guidance was slightly above our...
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Deutsche Bank Maintains Hold on Fairchild Semiconductor
Wednesday, July 13, 2011 - 8:01am | 97Deutsche Bank is out with its report today on Fairchild Semiconductor (NYSE: FCS), maintaining Hold. In a note to clients, Deutsche Bank writes, "We continue to be impressed by Fairchild's successful transition from a hyper-cyclical company with extreme inventory and margin volatility to a more...
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Fairchild Semiconductor Tracking Towards Middle of Guidance, According to FBR
Monday, June 6, 2011 - 7:56am | 137FBR Capital Markets has published a research report on Fairchild Semiconductor (NYSE: FCS) as the company is showing revenues tracking towards the middle of guidance expectations despite impacts to its inventories. In the report, FBR writes, "Recent checks with distributors and others suggest...
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J.P. Morgan Comments On Fairchild Semiconductor After Technology Conference (FCS)
Tuesday, May 17, 2011 - 7:40am | 101In a recent report, J.P. Morgan reiterates Overweight rating and remain constructive on Fairchild Semiconductor (NYSE: FCS) after the 39th annual J.P. Morgan Technology conference in Boston yesterday. Conference topics included the company's business model, roadmap and environment. In the report...
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Deutsche Bank Reports on Fairchild Semiconductor (FCS)
Friday, May 13, 2011 - 9:06am | 98In a report released yesterday, Deutsche Bank commented on Fairchild Semiconductor (NYSE: FCS). In the report, Deutsche Bank was mixed in its outlook on the company. Deutsche Bank writes, “While we remain constructive on FCS's structural improvements, we believe this upside is already reflected in...
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Deutsche Bank Maintains Hold Rating, $17 PT On FCS
Wednesday, April 13, 2011 - 7:57am | 80Deutsche Bank is maintaining its Hold rating and $17 PT on shares of Fairchild Semiconductor International Inc. (NYSE: FCS). “We continue to be impressed by Fairchild's successful transition from a hyper-cyclical company with extreme inventory and margin volatility to a more consistent, cash-...
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FBR Maintains Outperform ON Fairchild Semiconductor After Robust 1Q
Friday, March 25, 2011 - 8:50am | 213FBR Capital Markets has published a research report on Fairchild Semiconductor International (NYSE: FCS) after the company reported robust 1Q 2011 revenues. In the report, FBR Capital writes "Recent channel checks suggest Fairchild Semi's 1Q11 revenues are likely tracking in the upper half of...
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J.P. Morgan Initiates Coverage On FCS With An OW Rating And $18 PT
Thursday, December 2, 2010 - 8:42am | 80Fairchild Semiconductor (NYSE: FCS) is undergoing a structural transformation “which we believe should lead to a secular increase in margins and result in multiple expansion for the stock,” J.P. Morgan reports. “Despite the recent run in the stock, we believe there is further upside,” J.P. Morgan...
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Citigroup Reaffirms Buy Rating On Fairchild Semiconductor
Wednesday, November 24, 2010 - 9:51am | 187Citigroup has published a research report on Fairchild Semiconductor (NYSE: FCS) in anticipation of a dividend that will likely lead to a stock re-rating. In the report, Citigroup writes "After visiting FCS's CEO and CFO yesterday, we raise F11 EPS 13c to reflect above-seasonal 1Q growth...