Seeking Alpha

Arris (ARRS +1%) adds to yesterday's gains after Needham's Richard Valera estimates the Motorola...

Arris (ARRS +1%) adds to yesterday's gains after Needham's Richard Valera estimates the Motorola deal (I, II) will triple Arris' sales and double its EPS, albeit while adding $2B in debt. While concerned about the outlook for Motorola's set-top business - home gateway sales might not ramp fast enough to offset declining set-top sales - Valera thinks there's "likely more upside than downside" to synergy forecasts, given Motorola's poor margins and the overlap between the companies' businesses.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|