End-User Shift Sparks New Deals & Novel Products - Research Report on Linear Technology, Altera, Cirrus Logic, LSI and GT Advanced Technologies
NEW YORK, March 15, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting Linear Technology Corporation (NASDAQ: LLTC), Altera Corporation (NASDAQ: ALTR), Cirrus Logic, Inc. (NASDAQ: CRUS), LSI Corp (NASDAQ: LSI) and GT Advanced Technologies Inc (NASDAQ: GTAT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Linear Technology Corporation Research Report
Linear Technology recently hit a new high in its share price at $38.66 per share with 298,394 shares traded last week. Average volume has been 2.7 million shares over the past 30 days. Meanwhile, the company posted growth in its Q2 of fiscal 2012 revenue and net income, which however failed to meet estimates. Revenue came in at $305.3 million, up 10.9 percent from a year ago, but down 8.9 percent sequentially. Earnings came in at $89 million or 38 cents per share. In comparison, Wall Street analysts wanted to see revenue of $311.3 million and earnings per share of 40 cents. Management says they experienced weak bookings for the past two quarters, but expects stronger bookings moving forward. The Street rates the company as a "buy," citing revenue growth, increase in net income, solid stock price performance, expanding profit margins and notable return on equity. The Full Research Report on Linear Technology Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/64a7_LLTC]
Altera Corporation Research Report
Altera entered into an agreement with semiconductor giant Intel late last month to build its Field Programmable Gate Array, or FPGA, based on Intel's upcoming 14-nanometer tri-gate implementation of FinFET transistor technology. Intel's chip is aimed for ultra-high-performance systems for the military, wireline communications, cloud networking, and computing and storage applications. The FinFET technology delivers superior levels of scalability, allowing for much greater performance at the same power budget. To date, Intel is the only foundry that has implemented this technology. Altera still has its contract with Taiwan Semiconductor with the latter's 20-nanometer process, though analysts say the company has been diversifying away from TSMC. The Full Research Report on Altera Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/3b0e_ALTR]
Cirrus Logic, Inc. Research Report
Cirrus Logic has been sued by Glancy Binkow & Goldberg LLP in behalf of the purchasers of the semiconductor company's common stock within the period of July 31, 2012 and October 31, 2012, alleging a series of shortcomings in certain Cirrus Logic financial documents. The complainants allege that the defendants misrepresented and/or failed to disclose that: the company's dependence for revenues on its biggest customer, Apple, Inc., was increasing rather than diminishing; the company's sales growth was declining rather than increasing; difficulties in its supply chain, and at its vendors, were increasing Cirrus's costs and diminishing the Company's profit margins; the launch of several models of Cirrus's new LED lighting had been delayed; and as a result, Cirrus's increased fiscal 2013 guidance was not attainable. The Full Research Report on Cirrus Logic, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/9990_CRUS]
LSI Corp Research Report
LSI has announced that it has started shipping the first production-level 12Gb/s SAS RAID-on-Chip (ROC) and I/O controller solutions to OEM customers. The technology doubles data transfer rate of prior SAS solutions, improving performance newer enterprise systems deploying solid-state storage. Meanwhile, the company signed a licensing deal with Rambus for an undisclosed sum, wherein LSI can use Rambus' patented technology for its integrated circuit products for five years. Rambus will receive royalty payments based on the shipment of these devices during the contract period. In addition, both companies have settled all earlier claims regarding its patented innovations. Rambus and LSI have been involved in several patent infringement lawsuits since 2010. The Full Research LSI Corp - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/bbf4_LSI]
GT Advanced Technologies Inc Research Report
GT Advanced Technologies entered into an exclusive distribution agreement with vision systems and material inspection company Intego GmbH, where GT markets and sells Intego's automated sapphire inspection tools including the Intego SIRIUS slab and brick inspection tool and a sapphire cover inspection tool currently in development. The new inspection tools are expected to increase the amount of yielded material from sapphire boules and improve the throughput of material during the inspection process thereby lowering the cost for growing and fabricating sapphire for a variety of applications. The inspection tools also allow full material tracking by linking inspection data with slab and brick layout to downstream computer numerical control machine tools. The Full Research Report on GT Advanced Technologies Inc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/1bdf_GTAT]
Consider Investors Alliance
Tired of hearing about the latest, greatest trade opportunity... only to realize that the ship has long sailed? You need a strong, informative community in your arsenal. Join the group that has been consistently identifying momentous situations as they develop - long before they become the next top news on major financial networks.
Contact: Patricia Byers