Market Currents

• Wednesday, October 28, 2009

• 07:34 AM United Microelectronics (UMC): Q3 EPS of $0.08 beats by $0.04. Revenue of $853M (+11.1%) vs. $809M. (PR) Comment!
• 00:05 AM Notable pre-market earnings: ASH, BWA, CCE, CHINA, CNP, COP, EPD, GD, GT, HES, IP, IPG, JNY, LAZ, LVLT, MWV, NWL, NXY, NYB, OC, PEG, PX, Q, SAP, SEPR, SO, SPIL, SPW, UMC, WLP, WYN Comment!

• Tuesday, September 8, 2009

• 07:34 AM Yesterday's announcement (.pdf) that Abu Dhabi's ATIC will buy Chartered Semiconductor (CHRT) for $1.8B could spell trouble for Taiwan's leading chip manufacturers, including Taiwan Semiconductor (TSM) and United Microelectronics (UMC). Comment!

• Wednesday, July 29, 2009

• 09:06 AM United Microelectronics (UMC): Q2 EPS of $0.02 beats by $0.01. Revenue of $690M (-17%) vs. $662M. Shares +5.1% premarket. (PR) Comment!
• 00:05 AM Notable earnings before Wednesday's open: AMT, ARW, BPO, BWA, CCE, COP, EQT, GD, HES, HL, HSP, IACI, JNY, MCO, MDCO, MHS, MT, MWV, NYB, PAG, PX, Q, RCL, S, SAP, SEE, SLAB, SMG, SO, SPIL, TEL, TLM, TWC, TWX, UMC, VPHM, WLP, WPI, WYN Comment!

• Thursday, July 9, 2009

• 12:19 PM An impressive rally in chip fab stocks after Bank of America/Merrill Lynch goes bullish on the group, saying inventory risks seem to be diminishing and demand prospects look stronger for H2 and next year. ASX +7.7%. UMC +5.4%. SPIL +5.3%. SMI +4.1%. TSM +3.5%. TSM +3.4%. 1 Comment

• Wednesday, April 29, 2009

• 05:46 AM United Microelectronics (UMC): Q1 EPS of -$0.09 beats by $0.04. Revenue of $319M (-59.6%) vs. $337.5M. (PR) Comment!
• 00:05 AM Notable earnings before Wednesday's open: ABX, AET, AMG, AMT, ARW, BHI, BKC, CNP, ENDP, FCN, GD, GT, HES, IACI, JNY, MCO, MHS, MT, MTG, MWV, NYB, PX, Q, RAI, RDS.A, ROK, SAP, SEE, SI, SO, SPIL, SPW, TEL, TLM, TWC, TWX, UMC, VPHM, WMI, WYE, WYN Comment!

• Tuesday, February 10, 2009

• 06:16 AM United Microelectronics (UMC): Q4 EPS of -$0.28 misses by $0.26. Revenue of $566.0M (-33.5%) vs. $569.4M. (PR) Comment!
• 00:05 AM Notable earnings before Tuesday's open: ACM, ARW, CVH, CXW, DTV, ELN, HCP, HERO, ICE, OMC, PBG, PNX, Q, TAP, TRA, UMC, VSH, YGE
    Comment!

• Friday, November 28, 2008

• 08:50 AM TSMC (TSM) and UMC (UMC), the world's top two contract chip makers which control about two-thirds of the global foundry market, are preparing to cut costs by up to 20% as their industry heads into a sharp downturn, industry sources say. Comment!

• Wednesday, October 29, 2008

• 05:20 AM United Microelectronics (UMC): Q3 EPS of $0.02 in-line. Revenue of $768M (-20.2%) vs. $809M. "Customers have adopted a cautious attitude with regard to their wafer demand forecasts due to uncertainty related to the current global economic situation." Shares +44% in Amsterdam. (PR) Comment!

• Wednesday, July 30, 2008

• 00:10 AM Notable earnings Wed. pre-open: ABG, AGN, AMT, AVP, CAM, CMCSA, CMI, GLW, GRMN, HES, HUN, IACI, IPG, IT, JNY, KIM, LAZ, MCO, MT, NBL, OC, ODP, PAG, RAI, RHD, SO, TEL, THQI, UMC Comment!