Cabot Microelectronics Corporation (CCMP) - NASDAQ
  • Mar. 16, 2015, 5:13 PM
    • Cabot Microelectronics (NASDAQ:CCMP) had a rough day after Needham's Edwin Mok cut the chip manufacturing materials supplier to Hold, albeit while maintaining its $54 target.
    • Mok cites soft PC demand (as evidenced by Intel's Q1 warning), limited growth for Cabot's polishing pad business, limited capital returns, and a belief shares are fully valued. "CCMP has consistently delivered the highest margin and cash flow generation among its semiconductor material supplier peers, but its CMP consumables business has high exposure to the slow-growing legacy semi production, resulting in limited top-line growth."
    | Mar. 16, 2015, 5:13 PM
  • Feb. 19, 2014, 9:48 AM
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    • Cabot Microelectronics (CCMP +4.6%) has been upgraded to Buy by D.A. Davidson.
    | Feb. 19, 2014, 9:48 AM
  • Dec. 5, 2013, 9:57 AM
    • Sprint (S +2.9%) has been upgraded to Buy by Nomura.
    • Open Text (OTEX +1.2%) has been upgraded to Neutral by Susquehanna.
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    • Arris (ARRS +5.7%) has been started at Buy by Brean.
    • Tangoe (TNGO +3.6%) has been started at Buy by Roth.
    • Cabot Microelectronics (CCMP +1.9%) has been started at Buy by Needham.
    | Dec. 5, 2013, 9:57 AM | 2 Comments
  • Mar. 13, 2012, 2:25 PM

    Cabot Microelectronics (CCMP +7.8%) trades higher after being upgraded to Buy at Longbow, citing improved margin expectations and numerous growth catylsts.

    | Mar. 13, 2012, 2:25 PM
  • Feb. 14, 2012, 8:05 AM

    Cabot Microelectronics (CCMP) announces a special cash dividend of $15 per share - repping close to 30% of its trading price. The firm says it will fund the dividend payout from available cash, as well as from a new 5-year secured credit facility. Shares +6.3% premarket.

    | Feb. 14, 2012, 8:05 AM
  • Dec. 13, 2011, 11:11 AM

    Chip equipment maker Cabot Microelectronics (CCMP +17.7%) skyrockets after announcing it plans to pay a $15/share special dividend in Q1. In a move that would likely make Whitney Tilson smile, the company says half of the dividend's cost will be paid for by issuing debt. Cabot also says it's boosting the size of its stock buyback program to $150M, from a prior level of $83M.

    | Dec. 13, 2011, 11:11 AM
  • Jul. 27, 2011, 4:01 PM

    Semiconductor equipment manufacturer Cabot Microelectronics (CCMP) is down 9% after reporting FQ3 revenue and EPS of $111.8M (+10% Y/Y) and $0.54, below a consensus of $114.5M and $0.68. Gross margin fell to 47.4% from 49.1% in the year-ago period, which the company attributes to forex issues and price cuts. (PR)

    | Jul. 27, 2011, 4:01 PM
Company Description
Cabot Microelectronics Corp. engages in the development, manufacture and sale of chemical mechanical planarization (CMP) consumables products. It produces and sells CMP slurries for polishing many of the conducting, insulating and isolating materials used in integrated circuit devices, and also... More
Sector: Technology
Industry: Semiconductor - Integrated Circuits
Country: United States