|Bid||23.84 x 21500|
|Ask||23.85 x 309400|
|Day's range||23.82 - 23.84|
|52-week range||14.91 - 23.84|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||216.55|
|Earnings date||23 Jul 2020 - 27 Jul 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||23.43|
Cypress (CY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the United States, chipmakers are considered essential businesses and allowed to operate. Chip firms hope Singapore, where officials explicitly named semiconductors as an essential business, will cause fewer disruptions.
Cypress Semiconductor Corp. (NASDAQ: CY) today announced that Infineon Technologies AG has obtained antitrust clearance from China’s State Administration for Market Regulation ("SAMR") for Cypress' previously announced merger transaction with Infineon. Cypress expects the merger to close on or about April 16, 2020, pursuant to the terms of the merger agreement.
Cypress Semiconductor Corp. (NASDAQ: CY) today unveiled solutions that give IoT product developers a simplified path to build high-quality, secure, and reliable IoT products. The solutions, branded IoT-AdvantEdge™, include connectivity devices and microcontrollers, software, tools and support, and capabilities from ecosystem partners to slash development complexity by solving critical IoT product design problems. With IoT-AdvantEdge, companies can overcome the challenges of wireless connectivity, device and cloud security, power consumption, device management and maintenance, component integration, consumer ease-of-use, human-machine interfaces, and platform monetization, to quickly bring reliable, secure, high-quality products to market.
INVESTIGATION ALERT: The Schall Law Firm Announces It Is Investigating Claims Against Cypress Semiconductor Corporation.
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Cypress Semiconductor Corporation (NASDAQ: CY) resulting from allegations that Cypress may have issued materially misleading business information to the investing public.
Pomerantz LLP is investigating claims on behalf of investors of Cypress Semiconductor Corporation (“Cypress” or the “Company”) (NASDAQ: CY). Such investors are advised to contact Robert S. Willoughby at email@example.com or 888-476-6529, ext. The investigation concerns whether Cypress and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
Zacks.com featured highlights include: La-Z-Boy, Chipotle Mexican Grill, Ulta Beauty, Cypress Semiconductor and TopBuild
Trump plans to offer fiscal stimulus to counter coronavirus-related economic fallout. As the Wall Street rallied on the hopes, these ETFs and stocks gained massively.
** Renewable power producer Pattern Energy won shareholders' approval to be taken private by Canada Pension Plan Investment Board (CPPIB) for $2.63 billion. ** German utility E.ON has shortlisted Czech billionaires and an energy group as potential buyers of its 800 million euro ($908 million) Czech retail operations, which it must sell to appease competition regulators. ** Britain's government is likely to delay the full sale of its 62% stake in Royal Bank of Scotland until at least 2025, Sky News reported, citing a source close to the bank.
Shares in Infineon Technologies rallied in early trading on Tuesday after a U.S. national security review raised no concerns over its proposed $10 billion takeover of Cypress Semiconductor Corp. Infineon shares opened up 6.1%, regaining some ground lost on a report last week that the Committee on Foreign Investment in the United States (CFIUS) had advised President Donald Trump to block the deal on national security grounds. CFIUS, a body led by the U.S. Treasury, informed Cypress that it had determined "there are no unresolved national security concerns" with the merger, the San Jose, California-based company said in a statement.
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cypress Semiconductor Corporation - CY
Cypress Semiconductor Corp. (NASDAQ: CY) announced that Cypress has been informed today by the Committee on Foreign Investment in the United States (CFIUS) that CFIUS has completed its review of Cypress’s previously announced merger transaction with Infineon Technologies AG and determined that there are no unresolved national security concerns with respect to the proposed merger. The merger remains subject to receipt of regulatory approval from China's State Administration for Market Regulation and other customary closing conditions under the merger agreement.
Infineon declined comment, saying that it did not discuss ongoing proceedings as a matter of policy. Were the deal's chances to change materially, it would be required under German stock exchange rules to issue a statement promptly. The Bloomberg report https://bloom.bg/2IoTpf6 said officials with the Treasury-led Committee on Foreign Investment in the United States (CFIUS) had concluded that the deal posed a national security risk, although it did not give a reason why.
Cypress Semiconductor Corp. (NASDAQ: CY), today announced its latest USB-C controllers with Power Delivery, EZ-PD CCG6DF and CCG6SF. The new dual and single-port USB-C controllers offer the highest BOM integration for next-generation notebooks and desktops, enabling a smaller design footprint and reducing costs for OEMs. The latest Cypress EZ-PD controllers will also support the new USB4™ standard as well as the latest Intel Thunderbolt™ platforms.
Cypress (CY) delivered earnings and revenue surprises of 0.00% and -0.60%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?