08:17 AMVishay Intertechnology (VSH): Q2 EPS of -$0.10 misses by $0.02. Revenue of $460M (-41%) vs. $459M. Issues upside guidance for Q3, sees revenue of $480-520M vs. $477M consensus. (PR)
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06:35 AM
After an earlier takeover bid was rejected, Vishay (VSH) raises its offer for International Rectifier (IRF) to $1.7B, a 22% premium on IRF's stock price before the original bid was announced. Analysts believe the $23/share bid is still too low.
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Friday, August 29, 2008
09:21 AM
International Rectifier (IRF) rejects Vishay's (VSH) $21.22/share overture. "In our judgment, IR shareholders will be better served by allowing management to move forward with its strategic plan."
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