Market Currents

• Wednesday, October 21, 2009

• 16:32 PM Lam Research (LRCX): FQ1 EPS of $0.03 beats by $0.11. Revenue of $319M (+46%) vs. $288M. (PR) Comment!
• 00:10 AM Notable post-market earnings: ADS, AMGN, AMP, CTXS, CVA, EBAY, EFX, FFIV, FIS, FNF, ISIL, KNX, LOGI, LRCX, NE, NFX, NVLS, OSIP, PTV, QLGC, RRC, SKX, TEX, TQNT, VMW Comment!

• Wednesday, July 29, 2009

• 16:49 PM Lam Research (LRCX): Q2 EPS of -$0.45 beats by $0.01. Revenue of $218M (-62%) vs. $202M. Shares -3.6% AH. (PR) Comment!
• 00:10 AM Notable earnings after Wednesday's close: AEM, AFL, AIZ, AKAM, AMKR, AVB, BARE, BMR, CBG, CCI, CDNS, CERN, CLF, CTV, DRE, ELY, EQR, ESRX, FISV, FLEX, FLS, FMC, GG, GMCR, GNK, HBI, HIG, HIW, HLX, LNC, LRCX, LSI, MTZ, O, OI, ORLY, RYL, SYMC, TER, TRN, TSO, URI, V, VAR, WLL, XRAY Comment!

• Wednesday, April 22, 2009

• 16:42 PM Lam Research (LRCX): FQ3 EPS of -$0.71 misses by $0.05. Revenue of $174.4M (-71.6%) vs. $175.9M. Shares flat AH. (PR) Comment!
• 15:10 PM Notable earnings after Wednesday's close: AAPL, ADS, AF, AFFX, BCR, CVA, DOX, EBAY, EFX, EQIX, FFIV, FR, ISIL, KNX, LEG, LHO, LOGI, LRCX, NE, NFX, NVLS, PTV, QCOM, RHI, RJF, SLM, STLD, TMK, TQNT, VMW, XLNX, YUM Comment!
• 00:10 AM Notable earnings after Wednesday's close: AAPL, ADS, AF, AFFX, BCR, CVA, DOX, EBAY, EFX, EQIX, FFIV, FR, ISIL, KNX, LEG, LHO, LOGI, LRCX, NE, NFX, NVLS, PTV, QCOM, RHI, RJF, SLM, STLD, TMK, TQNT, VMW, XLNX, YUM Comment!

• Wednesday, January 28, 2009

• 16:21 PM Lam Research (LRCX): FQ2 EPS of -$0.09 misses by $0.04. Revenue of $283M (-53.6%) vs. $277M. "The global semiconductor industry has entered one of the most difficult periods in its history, one that is presenting severe challenges to our customers and thus severely limiting investment in wafer fab equipment." Shares -1.2% AH. (PR) Comment!
• 15:10 PM Notable earnings after Wednesday's close: AFFX, ALL, AMP, ARG, BSX, BXP, CPWR, CTXS, CVD, FLEX, HBI, ISIL, LRCX, LSI, MTH, MTW, MUR, OI, QCOM, RHI, RYL, SBUX, SEPR, SYMC, TER, WDC Comment!
• 00:10 AM Notable earnings after Wednesday's close: AFFX, ALL, AMP, ARG, BSX, BXP, CPWR, CTXS, CVD, FLEX, HBI, ISIL, LRCX, LSI, MTH, MTW, MUR, OI, QCOM, RHI, RYL, SBUX, SEPR, SYMC, TER, WDC Comment!

• Monday, December 22, 2008

• 08:48 AM Forecasting weak results, JPMorgan downgrades a slew of semiconductor firms: KLA Tencor (KLAC), Lam Research (LRCX), FormFactor (FORM), Teradyne (TER), Cabot Microelectronics (CCMP), Verigy (VRGY) and Novellus Systems (NVLS). Comment!

• Friday, December 19, 2008

• 07:16 AM Lam Research (LRCX): "Business conditions in the semiconductor equipment sector have deteriorated further in recent weeks. The weakness in memory pricing, the softening end-user demand environment, and restrictions in the capital markets have caused our customers to dramatically reduce their equipment purchases." Sees Q4 revenue of $270-285M vs. $300M consensus. (8-K) Comment!

• Wednesday, October 22, 2008

• 16:29 PM Lam Research (LRCX): FQ1 EPS of $0.26 beats by $0.01. Revenue of $440M (-35.6%) in-line. Shares +2%. (PR) Comment!
• 15:10 PM Notable earnings after Wednesday's close: ADS, ALL, AMGN, AMZN, ANAD, BIDU, CDNS, CNB, CNW, CRUS, CTXS, CVA, EQIX, FFIV, FNF, ISIL, KNX, LRCX, LSI, NE, OMTR, OSIP, PHM, QTM, RHI, RRC, RYL, SLM, SSCC, STX, TER, TEX, TQNT, WSH Comment!
• 00:10 AM Notable earnings after Wednesday's close: ADS, ALL, AMGN, AMZN, ANAD, BIDU, CDNS, CNB, CNW, CRUS, CTXS, CVA, EQIX, FFIV, FNF, ISIL, KNX, LRCX, LSI, NE, OMTR, OSIP, PHM, QTM, RHI, RRC, RYL, SLM, SSCC, STX, TER, TEX, TQNT, WSH Comment!

• Tuesday, July 29, 2008

• 17:24 PM Lam Research (LRCX): FQ4 EPS of $0.60 beats by $0.20. Revenue of $566M (-7.8%) vs. $549M. Shares +1.3%. [PR] Comment!