Financial Results, Board Meeting Resolutions, Declared Dividends and Product Launches - Research Report on Applied Materials, TSMC, Broadcom, KLA-Tencor, and SunEdison
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NEW YORK, November 20, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Applied Materials Inc. (NASDAQ: AMAT), Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSMC), Broadcom Corp. (NASDAQ: BRCM), KLA-Tencor Corporation (NASDAQ: KLAC), and SunEdison, Inc. (NYSE: SUNE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Applied Materials Inc. Research Report
On November 14, 2013, Applied Materials Inc. (Applied Materials) reported its financial results for Q4 FY 2013 and full-year FY 2013 (period ended October 27, 2013). Q4 FY 2013 net sales were $1.99 billion, which increased 0.5% QoQ. Non-GAAP adjusted operating income increased 3.5% QoQ to $323 million in Q4 FY 2013. Non-GAAP adjusted net income went up 2.7% QoQ in Q4 FY 2013 to $228 million. For full-year FY 2013, net sales dropped 13.9% YoY to $7.51 billion. Gary Dickerson, President and CEO of Applied Materials, commented, "This has been a transformative year for Applied Materials as we shaped a more competitive company, reduced overhead expenses, stepped up investment in product development and built momentum for profitable growth. As we look ahead to 2014, we expect stronger investment by our semiconductor and display customers and major technology inflections in transistor and memory that play to our strengths." The Company stated that for Q1 FY 2014, it expects net sales to be up 3-10% QoQ, and non-GAAP adjusted diluted EPS to be in the range of $0.20-$0.24. The Full Research Report on Applied Materials 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/251d_AMAT
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Taiwan Semiconductor Manufacturing Co. Ltd. Research Report
On November 12, 2013, Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) reported that it passed a set of resolutions in its Board meeting. According to the Company, among the aforesaid resolutions, firstly, it approved capital appropriation of an c.$829.2 million for installing, expanding and upgrading advanced technology capacity along with c.$178.4 million in R&D capital appropriations and sustaining capital appropriations. Secondly, it approved the appointment of Drs. Mark Liu and C. C. Wei as President and Co-CEO of TSMC, respectively, as well as the promotion of Dr. Been-Jon Woo, present Director in charge of Business Development Organization, as Vice President. And lastly, it approved the revision of TSMC's "Procedure of Retirement" and setting the mandatory retirement age to 67. The Full Research Report on Taiwan Semiconductor Manufacturing Co. Ltd. - 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/4a57_TSM
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Broadcom Corp. Research Report
On November 13, 2013, Broadcom Corp. (Broadcom) announced that it will pay its next quarterly cash dividend of $0.11 per share to the common stock holders of the Company. The Company informed that the dividend is payable on December 9, 2013 to holders of record of the Company's Class A and Class B common stock at the close of business on November 25, 2013. The Full Research Report on Broadcom Corp. - 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/496f_BRCM
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KLA-Tencor Corporation Research Report
On November 7, 2013, KLA-Tencor Corporation (KLA-Tencor) reported that its Board of Directors has declared a quarterly cash dividend of $0.45 per share on its common stock. KLA-Tencor stated that the dividend will be paid on December 2, 2013 to stockholders of record as of the close of business on November 18, 2013.The Full Research Report on KLA-Tencor 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/ce0c_KLAC
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SunEdison, Inc. Research Report
On November 14, 2013, SunEdison, Inc. (SunEdison) launched the SunEdison Solar Water Pump, a high performance solar PV-based water pump specially designed for agriculture, in India. The Company stated that the Solar Water Pump will help to improve crop yield by supplying reliable irrigation without depending on premium diesel fuel or unreliable electrical power supply. Mr. Pashupathy Gopalan, President, SunEdison, Asia Pacific, GCC and South Africa, commented, "SunEdison is committed to transforming lives through innovation. Our solar water pumps empower farmers to grow cash crops that require predictable irrigation and enables them to utilize land that they previously could not irrigate." Ahmad Chatila, President and CEO of SunEdison, added, "SunEdison's solar water pump solution addresses and enables a large and growing market. It is a tremendous opportunity for us to grow our business and help people transform their lives." The Full Research Report on SunEdison, 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/5390_SUNE
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