Semtech (SMTC), which makes analog and mixed-signal chips, reported revenue for its fiscal fourth quarter ended January 31 of $85 million, well ahead of the Street at $71.9 million. Non-GAAP EPS was 30 cents, beating the Street at 22 cents. For Q1, t...

In its regularly scheduled mid-quarter update, Novellus (NVLS) this afternoon modestly increased its Q1 guidance. For the quarter, the semiconductor equipment company now sees revenue of $255 million to $270 million, with profits of 37-44 cents a sha...

Rovi (ROVI) this afternoon said it plans to sell $400 million of convertible senior notes due 2040 to qualified investors in a Rule 144A offering. The notes would be redeemable on February 29, 2015. Rovi will use $159.6 million in proceeds to pay dow...

CA (CA) this afternoon said it has agreed to buy privately held Nimsoft, a Redwood City, California-based provider of IT performance and monitoring solutions, for $350 million in cash. Most of the company’s roughly 120 employees are expected to...

Radio Shack (RSH) shares are once again trading higher on takeover rumors, according to both Briefing.com and TheFlyOnTheWall.com. Haven’t seen anything specific today; last time this cropped up, the whispers focused on a potential LBO by Apoll...

Microsoft (MSFT) Bing and Ask.com (IACI) are both nibbling slightly into the huge market share Google (GOOG) has in the U.S. search market, according to new data from Experian Hitwise. According to Hitwise: Google in February had 70.95% market share...

Micron Technology (MU) shares are trading higher, powered by indications of strong pricing for memory chips. As a pair of analysts pointed out in research notes this morning, increasing DRAM demand for both PCs and servers is driving up prices - and...

The price of Palm (PALM) handsets just keeps dropping. Last time I checked, in late February, you could get yourself a Pre or Pre Plus for just $69.99 with a two-year contract through Wal-Mart (WMT). But that was light years ago in the rapidly erodin...

BGB Securities analyst Murray Arenson this morning launched coverage of Sirius XM (SIRI) with a Buy rating and $1.15 price target. In a research note, Arenson writes that Sirius “has emerged from near-bankruptcy a year ago,” and now is &#...

Bernstein Research analyst Craig Moffett, a long-time skeptic on the prospects for Sprint (S), this morning repeated his Underperform rating on the shares, and cut his target on the stock to $2.50, from $3. The stock closed yesterday at $3.62. Moffet...

Google (GOOG) this morning added bike routes to Google Maps, making it easier to plot your way by choosing bike trails, roads with bike lanes and other cycling-friendly byways. That’s pretty exciting news for cyclists like yours truly, but a qu...

Bernstein Research analyst Stacy Rasgon this morning upped his rating on Analog Devices (ADI) to Outperform from Market Perform, lifting his price target on the chip maker’s shares to $37, from $33. “While we have always like the growth p...

Wunderlich Securities analyst Theodore O’Neill this morning launched coverage of Evergreen Solar (ESLR) with a Hold rating, asserting that the shares fairly reflect the company’s plan to shift manufacturing to China. While ESLR has “...

MKM Partners analyst Kevin Shea this morning upped his rating on Citrix Systems (CTXS) to Neutral from Sell, while lifting his price target to $47, from $34. The stock closed yesterday at $45.98. In a research note, Shea writes that the current quart...

Standard & Poor’s analyst Ari Bensinger this morning lowered his rating on Acme Packet (APKT) to Strong Sell from Hold, noting that the stock is up nearly 70% since providing a strong 2010 outlook in early February. “We see a transiti...

Canaccord Adams analyst Jeff Rath this morning launched coverage on both Netflix (NFLX) and Coinstar (CSTR) with Buy ratings. Netflix: He sets an $85 price target; the stock closed yesterday at $69.94. He contends that NFLX “stands to be a maj...

Citigroup analyst Catherine Leung this morning repeated her Buy rating on Baidu (BIDU), lifting her price target on the shares to $630, from $550. The China-based search engine company’s stock, she says, is the best play on the growth of online...

ReneSola (SOL), a China-based solar wafer manufacturer, this morning reported Q4 revenue of $179.9 million, ahead of the Street consensus at $166.6 million. Adjusted loss per share of 3 cents a share was ahead of the Street by a nickel a share. Shipm...

GT Solar (SOLR) this morning priced an offering of 25 million shares on behalf of selling shareholder GT Solar Holdings, a joint venture of investment firms GFI Energy Ventures and Oaktree Capital Management, at $4.85 a share. The price is a 5.8% dis...

Microsoft (MSFT) Bing boosted its share of the core U.S. Internet search market again in February, taking 11.5% share, up from 11.3% in January and 8.2% a year ago, according to new data from ComScore. Google’s (GOOG) share inched up to 65.5%,...