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Secondary Stock Offerings, Meeting Resolutions, Dividends, Stock Repurchase Programs, and Supply Arrangements - Analyst Notes on NXP, Taiwan Semiconductor, Broadcom, Cree and JinkoSolar

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


News provided by

Analysts Review

May 20, 2014, 08:10 ET

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NEW YORK, May 20, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding NXP Semiconductors NV (NASDAQ: NXPI), Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM), Broadcom Corp. (NASDAQ: BRCM), Cree, Inc. (NASDAQ: CREE) and JinkoSolar Holding Co., Ltd. (NYSE: JKS). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2668-100free.

--
NXP Semiconductors NV Analyst Notes
On May 13, 2014, NXP Semiconductors NV (NXP) announced that some of its principal stockholders, including affiliates of funds managed or advised by Kohlberg Kravis Roberts & Co. L.P. and Bain Capital Partners, LLC, have commenced a registered secondary offering of common stock. A total of 17.4 million shares pursuant to NXP's shelf registration statement on Form F-3 will be offered. The Company added that it will not receive any proceeds from the sale of shares in the offering. The full analyst notes on NXP are available to download free of charge at:

http://www.analystsreview.com/2668-NXPI-20May2014.pdf

--
Taiwan Semiconductor Manufacturing Co. Ltd. Analyst Notes
On May 13, 2014, Taiwan Semiconductor Manufacturing Co. Ltd.'s (Taiwan Semiconductor) Board of Directors held a meeting, in which the Board approved $568.23 million to establish, convert, and upgrade advanced technology capacity. Further, the Board also approved R&D capital appropriations and sustaining capital appropriations totalling $107.0 million. The full analyst notes on Taiwan Semiconductor are available to download free of charge at:

http://www.analystsreview.com/2668-TSM-20May2014.pdf

--
Broadcom Corp. Analyst Notes
On May 13, 2014, Broadcom Corp. (Broadcom) declared a quarterly cash dividend of $0.12 per share to holders of the Company's common stock. The dividend will be paid on June 16, 2014 to holders of record of the Company's Class A and Class B common stock at the close of business on May 30, 2014. The full analyst notes on Broadcom are available to download free of charge at:

http://www.analystsreview.com/2668-BRCM-20May2014.pdf

--
Cree, Inc. Analyst Notes
On May 8, 2014, Cree, Inc. (Cree) issued a press release stating that its Board of Directors approved an increase in the amount of the Company's stock repurchase program on May 6, 2014. Pursuant to the program, the Company is now authorized to repurchase shares of its common stock having an aggregate purchase price not exceeding $300 million for all purchases from June 20, 2014 through the new program expiration on June 28, 2015. The aforesaid repurchase program can be implemented through open market or privately negotiated transactions. Recently, the Company repurchased 2.1 million of shares of its common stock at $47.11 per share with an aggregate value of $99.6 million. Cree informed that $200.4 million in aggregate purchase price value remains in the Company's common stock repurchase program. In addition, the Company's Board of Directors approved securing up to $150 million working capital line of credit facility to provide Cree with short term flexibility to optimize its net investment return on its cash and investments while funding its general business needs. The full analyst notes on Cree are available to download free of charge at:

http://www.analystsreview.com/2668-CREE-20May2014.pdf

--
JinkoSolar Holding Co., Ltd. Analyst Notes
On May 9, 2014, JinkoSolar Holding Co., Ltd. (JinkoSolar) announced that it will supply 35 MW solar PV modules to Clēnera (a clean energy finance and management firm) for the construction of the Avalon Solar Project. According to the Company, 114,750 pieces of JinkoSolar 305 high efficiency PV modules will be used in the project, which is expected to produce enough energy to support 7,000 homes, saving approximately 53,000 tons of carbon dioxide. The power will be sold to Tucson Electric Power Company, helping achieve the Arizona state mandate of 15% renewable energy generation by 2025. The Company expects the ground breaking to commence in Q2 2014, and the completion to take place sometime in Q4 2014. The full analyst notes on JinkoSolar are available to download free of charge at:

http://www.analystsreview.com/2668-JKS-20May2014.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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