The merger is part of a wave of consolidation in the industry. The all-stock deal values Tokyo Electron at $9.4 billion, a modest premium on its share price. Shareholders of Applied Materials will own 68 per cent of the new company. For …
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Applied Materials said it would buy up to $3 billion worth of shares over three years and Tokyo Electron said it plans to buy as much as 120 billion yen ($1 billion) worth of shares, or 8.59 percent of its outstanding stock. No termination fee …
The retailer said it would close 75 Old Navy and Banana Republic stores outside North America as it focuses on more profitable regions. The maker of agricultural equipment reported sharply lower earnings and revenue for its latest quarter.
On CNBC's Stock Pops & Drops, Guy Adami spoke about a 4.60 percent move higher in E I Du Pont De Nemours And Co (NYSE: DD). He would be a buyer of the stock. Dan Nathan said that he would consider buying Applied Materials, …
I took my basket of stocks and organized a 64-stock tournament with one qualifier: more than 64% of sales - as of my most recent data - had to be from overseas. I then split my teams into 4 regions, each with specific characteristics. …
Advancing stocks outdistanced decliners by a 3-2 margin on the New York Stock Exchange, where 820.1 million shares traded. Applied Materials, the world's largest semiconductor equipment maker, said sales in Southeast Asia are …
Applied Materials Inc reported better-than-expected quarterly results and gave a strong current-quarter forecast as the world's largest supplier of tools to make semiconductors enjoys strong demand in its chip and display businesses.
Mr. Pinto is the first chief technology officer of a major American tech company to move to China. The company, Applied Materials, is one of Silicon Valley’s most prominent firms. It supplied equipment used to perfect the first computer chips.
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