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Executive Appointments, Credit Facility, and Portfolio Additions - Research Report on Micron, Canadian Solar, Cree, NXP, and Altera

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


News provided by

Analysts' Corner

Dec 11, 2013, 08:00 ET

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NEW YORK, December 11, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Micron Technology, Inc. (NASDAQ: MU), Canadian Solar Inc. (NASDAQ: CSIQ), Cree, Inc. (NASDAQ: CREE), NXP Semiconductors N.V. (NASDAQ: NXPI), and Altera Corporation (NASDAQ: ALTR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Micron Technology, Inc. Research Report

On December 2, 2013, Micron Technology, Inc. (Micron) announced that it has appointed Rajan Rajgopal to the position of Vice President of Quality at Micron. Under the newly assumed position, Rajgopal will oversee all aspects of the Company's quality systems, which include manufacturing, customer program management and product ramps. "Micron continues to evolve as a memory business driven by systems-level solutions, and quality plays a heightened role in serving our valued customers," said Mark Adams, President of Micron. "We are excited to have Rajan join our team and leverage his experience in serving our customers in an increasingly diversified set of application segments." The Company also informed that prior to joining Micron Rajgopal was Vice President of Global Quality and Customer Enablement for GLOBALFOUNDRIES in Singapore. The Full Research Report on Micron Technology, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/9e1c_MU

--

Canadian Solar Inc. Research Report

On December 2, 2013, Canadian Solar Inc. (Canadian Solar) announced that the National Bank of Canada will provide the Company with up to CAD35 million, in short-term construction financing. Canadian Solar noted that the credit facility is intended to be used in financing the construction of one of the Company's solar projects in Ontario, Canada. "The addition of National Bank of Canada, a leading Canadian-based financial institution, comes at an important time for Canadian Solar. We continue to gain significant momentum in our business, punctuated with the recent sales of several utility-scale solar projects. Further bolstering our stable of blue chip financial and construction partners across the entire project lifecycle, this transaction gives us additional flexibility and will allow us to further accelerate the development of our already strong, actionable pipeline in Canada and worldwide," said Dr. Shawn Qu, Chairman and CEO of Canadian Solar. The Full Research Report on Canadian Solar Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/3fbd_CSIQ

--

Cree, Inc. Research Report

On December 5, 2013, Cree, Inc. (Cree) reported that it is developing the new LEDway High Output (HO) LED street light. The Company noted that the new LEDway HO LED street light has higher lumen input, which enables the LEDway Series to address large multi-lane freeways and expressway applications, replacing High Pressure Sodium (HPS) lighting up to 400W from a single platform. Cree informed that the LEDway HO LED street light is effective in reducing energy consumption by more than 50% compared to HPS street lights. "With virtually no maintenance and using significantly less energy than a 400W HPS, the LEDway HO LED street light dramatically lowers customers' total cost of ownership. And when you include our 10-year limited warranty, the already compelling case for Cree LED lighting gets even better," said Greg Merritt, Vice President of Marketing, Lighting at Cree. The Full Research Report on Cree, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/feac_CREE

--

NXP Semiconductors N.V. Research Report

On December 5, 2013, NXP Semiconductors N.V. (NXP) introduced two new microcontrollers, the LPC11E37H and the LPC11U37H. The Company informed that the new microcontrollers, which include an I/O Handler peripheral that allows designers to add incremental peripheral functionality at any point during the design cycle, enabling developers to address late design changes to their system. "The new I/O Handler peripheral allows designers to easily add significant functionality, such as serial communications interfaces, at any time in the design cycle. The I/O Handler can even provide DMA (Direct Memory Access) or ADC threshold functionality to further optimize performance and power efficiency," said Ross Bannatyne, General Manager of Mass Market Microcontroller Product Line at NXP. The Full Research Report on NXP Semiconductors N.V. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/c1c4_NXPI

--

Altera Corporation Research Report

On December 2, 2013, Altera Corporation (Altera) has released the Quartus II software Arria 10 edition. The Company noted that the new software is the industry's first development tool support for 20nm FPGAs (Field Programmable Gate Arrays) and SOCs (System on Chips). "For the past six months early access customers have successfully used Quartus II software to design Arria 10 FPGAs and SoCs, and today we are pleased to make this software support available to all users who want the quickest path to 20 nm devices," said Premal Buch, Vice President of Software Engineering at Altera. Buch added, "Quartus II software uses leading-edge algorithms that take advantage of modern multi-core computing technologies. Architecting our software this way enables us to extend Quartus II software support to Altera's next-generation product families and continue to deliver the industry's fastest compile times." 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.analystscorner.com/r/full_research_report/eab3_ALTR

----

EDITOR 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 fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. 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 [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] 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 Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network 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

Equity News Network 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

Equity News Network 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 Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network 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.

SOURCE Analysts' Corner

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