Author Archives: Scalper1

Synaptics Target Of Renewed Takeover Speculation

Synaptics (SYNA), a maker of touch-interface technology for smartphones and PCs, has seen its shares rocked by reports that a Chinese investment firm might purchase it. Synaptics stock jumped nearly 27% on Wednesday after Bloomberg reported that the Chinese firm was close to a deal to buy the San Jose, Calif.-based company for more than $110 a share. The deal, which the companies could reach by early March, would value Synaptics at about $4

Move Over Apple: 5 Chipmakers With Earnings Due

A ton of quarterly earnings will be issued next week, with a lot of the spotlight on Apple (AAPL). Let’s focus in on five chipmakers, including some Apple suppliers, that are on tap to report: Macom Technology (MTSI), Cavium (CAVM), Cirrus Logic (CRUS), Skyworks Solutions (SWKS) and Microsemi (MSCC) . Macom Technology has an IBD Composite Rating of 98 out of 99 and reports on Tuesday. Analysts expect earnings to rise 3% with revenue down 1%.