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Acquisition Agreement, Financial Results, Technology Deployment, and Product Launch - Analyst Notes on Microchip, SINA, Corning, Intuit and Synaptics

Editor Note: For more information about this release, please scroll to bottom


News provided by

Analysts Review

Jun 03, 2014, 05:50 ET

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NEW YORK, June 3, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Microchip Technology Inc. (NASDAQ: MCHP), Sina Corp. (NASDAQ: SINA), Corning Inc. (NYSE: GLW), Intuit Inc. (NASDAQ: INTU) and Synaptics Inc. (NASDAQ: SYNA). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3257-100free.

--
Microchip Technology Inc. Analyst Notes
On May 22, 2014, Microchip Technology Inc. (Microchip) announced that it has entered into a definitive agreement to acquire ISSC, a leading provider of low power Bluetooth and advanced wireless solutions for the Internet Of Things market. Under the terms of agreement, Microchip will start a tender offer to acquire all ISSC's outstanding shares for New Taiwan (NT) $143 per share in cash, as well as acquire any remaining shares in accordance to a follow-on merger at NT$143 per share minus any dividends paid by ISSC prior to the close of the transaction. Microchip's COO Ganesh Moorthy commented, "We believe that combining ISSC's strengths in wireless products and technology with Microchip's brand, channel and operational strengths will enable significant cross selling opportunities." The full analyst notes on Microchip are available to download free of charge at:

http://www.analystsreview.com/Jun-03-2014/MCHP/report.pdf

--
Sina Corp. Analyst Notes
On May 21, 2014, Sina Corp. (SINA) released its unaudited financial results for Q1 2014. For the quarter, revenues rose by 36.1% YoY to $171.5 million. Non-GAAP net income for Q1 2014 was $11.1 million, compared to $1.5 million in Q1 2013. SINA Chairman and CEO, Charles Chao, commented, "We are delighted to report strong revenue growth in the first quarter of 2014 driven by our continuing success in Weibo monetization." The full analyst notes on SINA are available to download free of charge at:

http://www.analystsreview.com/Jun-03-2014/SINA/report.pdf

--
Corning Inc. Analyst Notes
On May 27, 2014, Corning Inc.(Corning) introduced of Corning® Fibrance™ Light-Diffusing Fiber, a glass optical fiber optimized for thin, colorful, aesthetic lighting that would enable designing and embedding of decorative lighting into tight or small places. The Company informed that the new technology will feature in the LIGHTFAIR International trade show and conference in Las Vegas from June 3 to 5, 2014. Corning's Vice President and General, Curt Weinstein said, "With this fiber, designers can enhance a product's appeal and functionality by adding light how and where they want it. Fibrance Light-Diffusing Fiber can open up new design possibilities for a variety of markets such as automotive, architecture, consumer electronics, or appliances." The full analyst notes on Corning are available to download free of charge at:

http://www.analystsreview.com/Jun-03-2014/GLW/report.pdf

--
Intuit Inc. Analyst Notes
On May 27, 2014, Intuit Inc. (Intuit) announced it has signed a definitive agreement to acquire Check, a Palo Alto, California-based leader in mobile bill pay that serves 10 million registered users. The Company informed that the acquisition is expected to help improve Intuit's ability to offer bill pay across small business and personal finance products, and to attract additional customers. Intuit's Consumer Ecosystem Group's Senior Vice President and General Manager, Barry Saik commented on the acquisition, saying "Our commitment to solving important personal finance problems is steadfast. By joining with Check, we continue to address consumer needs and are taking the next step in the evolution of personal finance capabilities". The acquisition enables the Company to streamline interactions between consumer and small business customers, in line with its vision of enabling products to work together as an ecosystem. The full analyst notes on Intuit are available to download free of charge at:

http://www.analystsreview.com/Jun-03-2014/INTU/report.pdf

--
Synaptics Inc. Analyst Notes
On May 28, 2014, Synaptics Inc. (Synaptics) announced that its ClearPad® In-Cell technology has been chosen by Huawei to power the touch interface of its latest flagship smartphone device, the Ascend P7. The Company informed that the ClearPad S3350 In-Cell solution will provide Huawei Ascend P7 users glove input, passive pen and moisture-proofing support, while offering a seamless touch performance on the first 5-inch full high-definition In-Cell touchscreen device from the Chinese market. Synaptics Smart Display Division's Vice President of Marketing, Brian Daly commented, "Our partnership with Huawei further underscores Synaptics' leadership in the Chinese market. We are uniquely positioned to offer our OEM partners the latest innovations in display integration technology aimed at delivering the ultimate touch experience for consumers around the world." The full analyst notes on Synaptics are available to download free of charge at:

http://www.analystsreview.com/Jun-03-2014/SYNA/report.pdf

--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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