Arm files for US initial public offering
22nd Aug 2023 09:04
(Sharecast News) - SoftBank's Arm Holdings announced the public filing of a registration statement with the US Securities and Exchange Commission (SEC) overnight, for its proposed initial public offering.
Read moreUK watchdog to investigate Nvidia's takeover of Arm
6th Jan 2021 14:41
(Sharecast News) - The UK's Competition and Markets Authority will investigate US chip designer Nvidia's $40bn acquisition of Cambridge-based Arm Holdings from Softbank Group.
Read moreIntel and ARM announce partnership on smartphone chips
17th Aug 2016 17:25
(ShareCast News) - Intel will start making smartphone chips in one its factories based on designs by London-listed ARM Holdings. The two companies said they expected the agreement will be "mutually beneficial", which may come as a surprise to many who often perceive Intel and ARM as being rivals. I
Read moreARM revenues power ahead in second quarter
27th Jul 2016 07:28
(ShareCast News) - Chipmaker ARM Holdings posted its second-quarter numbers on Wednesday, with group revenues in USD growing 9% year-on-year to $387.6m and 17% in GBP to £267.6m in the three months to 30 June. The FTSE 100 firm said processor licensing revenues were up 14% in USD and 24% in GBP, wit
Read moreBroker tips: EasyJet, ARM Holdings, Hochschild Mining
26th Jul 2016 12:51
(ShareCast News) - EasyJet flew lower on Tuesday as Liberum downgraded its stance on the stock to 'sell' from 'hold' and slashed the price target to 930p from 1,050p following the company's third-quarter update last week. It said the airline's refusal to give any profit guidance just 10 weeks before
Read moreBerenberg downgrades ARM as it lifts price target to reflect Softcat deal
26th Jul 2016 10:47
(ShareCast News) - Berenberg downgraded ARM Holdings to 'hold' from 'buy' as it lifted the price target to 1,700p from 1,400p on the company's pending deal with Softbank. "This is our bull-case scenario price target and thus we move the rating from buy to hold," the bank said. Berenberg said it rec
Read moreSunday newspaper round-up: Brexit, BT, Lloyds, energy companies
24th Jul 2016 11:22
(ShareCast News) - Plans to allow the UK an exemption from EU rules on freedom of movement for up to seven years while retaining access to the single market are being considered in European capitals as part of a potential deal on Brexit. Senior British and EU sources have confirmed that despite stro
Read moreTuesday broker round-up
19th Jul 2016 12:59
(ShareCast News) - Micro Focus: Barclays reiterates overweight with a target price of 2150p. Aggreko: HSBC maintains reduce with a 900p target. ARM: Citigroup reiterates neutral with a 1700p target. IAG: HSBC reiterates reduce with a 300p target. Pearson: Goldman Sachs reiterates sell with a targ
Read moreTuesday newspaper round-up: ARM, Trident, North Sea strike, Ofwat
19th Jul 2016 07:01
(ShareCast News) - One of the country's best-known entrepreneurs has raised fears that Britain's largest technology company will be milked for its cash after it is sold to SoftBank, of Japan, for £24.3 billion. Hermann Hauser, founder of Acorn Computers, the parent of Arm Holdings, has declared that
Read moreShares in ARM Holdings rocket, oil and steel-related stocks fall
18th Jul 2016 17:22
(ShareCast News) - Cyclicals paced gains on the FTSE 350, with technology shares easily the best performers as shares of ARM Holdings rocketed on the back of a £23bn-pound all-cash offer from Japan's SoftBank. In remarks to the BBC, ARM's founder Hermann Hauser said Monday was "a sad day for technol
Read moreARM turning Japanese with £23bn offer from SoftBank after pound sinks
18th Jul 2016 06:41
(ShareCast News) - ARM Holdings has agreed to a £23.4bn takeover offer from Japan's Softbank, in what could be the first major move sparked by the post-Brexit collapse in the pound. The board of the Cambridge-based chip designer, which is a major supplier of components for smartphones made by the li
Read moreMiners and tech lead gains
15th Jun 2016 18:54
(ShareCast News) - A lull in US dollar strength gave industrial metals' prices a boost, in turn sending shares of miners higher. Adding to the positive sentiment, data published overnight in China revealed stable lending dynamics across the country in May, although the figures also pointed towards a
Read moreARM swallows Apical in $350m deal
18th May 2016 07:45
(ShareCast News) - Semiconductor and software design company ARM announced on Wednesday it has acquired the entire share capital of imaging and embedded computer vision intellectual property company Apical. The FTSE 100 firm said the acquisition accelerates it ecosystem's growth into new markets suc
Read moreApple crunched as iPhone's quarterly sales fall for first time
27th Apr 2016 06:35
(ShareCast News) - Apple lost a titanic $46bn in market value as its shares fell 8% in after-hours trading as the tech company confirmed the iPhone's first ever quarterly decline in sales and so missed analysts' expectations for sales and earnings. Sales of iPhones sank 16% to 51.2m in the three mon
Read moreThursday broker round-up
21st Apr 2016 12:16
(ShareCast News) - Petrofac: Jefferies downgrades to hold with a 855p target. ARM Holdings: Goldman Sachs stays at buy with a 1400p target, Citigroup keeps at neutral with a target price of 1045p and Exane BNP Paribas reiterates outperform with a target of 1300p. Zoopla: Barclays downgrades to equa
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