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Blogs about CDNS

Blogs	Description	Date Updated
Analyst calls: FLR, ANN, HSY, BEAT ...	Filed under: Analyst upgrades and downgrades, Hershey Co (HSY), Analyst initiationsAnalyst upgrades: Stanford raised Fluor (NYSE: FLR) to Hold from Sell primarily due to valuation. Citigroup upgraded Cadence Designs (NASDAQ: CDNS) to Buy from Hold because they think the company's cost restructuring initiative and its new CFO will be catalysts for the shares. Analyst downgrades: Stephens dropped Ann Taylor (NYSE: ANN) to Equal Weight from Overweight because they no longer v...	August 18, 2008
Cadence's $1.6 billion deal malfunctions	Filed under: Deals, IndustryFor the most part, the Cadence Design Systems (NASDAQ: CDNS) unsolicited offer for Mentor Graphics (NASDAQ: MENT) was a smart move (both companies are leaders in semiconductor design software). This transaction would be a critical part of consolidation in the industry. However, on Friday, Cadence decided to drop its $1.6 billion bid. As a result, the shares of Mentor plunged 25%. What happened here? Well, according to Cadence, it looks like the board of Mentor didn'...	August 17, 2008
Mentor Plunges 21% As Cadence Withdraws Offer	Computer chip design software firm Mentor Graphics (MENT) is plummeting this afternoon, the biggest decliner on the Nasdaq, after competitor Cadence Design Systems (CDNS) withdrew an unsolicited offer to acquire the company for $16 per share. Mentor’s board had rejected the offer back on June 17, saying the price was “insufficient” and that the likelihood of getting anti-trust approval for the merger was low enough to put such a deal in jeopardy. So much for the hostile tone im...	August 15, 2008
Why Now is the Best Time to Look for Stocks Below $10	If you are going to look for favorable stocks which are selling below $10 per share, now is the time to start looking, when the good stocks are depressed. It wouldn't have done you much good to look for low priced stocks a couple years ago since the 'good' stocks were trading much higher. When the market was much higher, the only stocks that were trading below 10 were either the ‘bad’ stocks or what the venture capitalists used to call the 'walking dead'. The walking dead were the companies ...	July 28, 2008
Cadence entices Mentor with a $1.6 billion buyout proposal	Filed under: DealsCadence Design Systems Inc. (NASDAQ: CDNS) is the largest player in developing platforms for building integrated circuits. The company generates about $1.6 billion in revenues and has 5,100 employees. Now, Cadence wants to get even bigger. Today, the company announced an unsolicited $1.6 billion bid for Mentor Graphics Corp. (NASDAQ: MENT). The offer is $16 per share. Mentor is a big player in testing semiconductors, which should be a nice compliment to Cadence. And over the...	June 17, 2008
Lowest P/E Ratios in the Nasdaq 100	Below we highlight the 25 stocks in the Nasdaq 100 with the lowest estimated P/E ratios for the current year. As shown, Flextronics (FLEX) currently has the lowest at 8.93, followed by CDNS, AMGN and LRCX. One of the more surprising valuations on the list is that of Garmin (GRMN). Garmin is the GPS-maker that was once one of the... ...	June 16, 2008
Cadence Shrs Rise As Q1 Revs Top Ests; ‘08 View Beats	Cadence Design Systems (CDNS) shares are modestly higher in after hours trading after the company reported Q1 revenue of $287 million, ahead of the Street estimate of $284.3 million. Non-GAAP profits of 4 cents a share were in line with expectations. Cadence sees Q2 revenue of $310 million to $320 million, with non-GAAP profits of 13-15 cents; the Street had expected $312.6 million and 15 cents. For the year, Cadence sees revenue of $1.49 billion to $1.54 billion, with non-GAAP profits of $1.14 ...	April 23, 2008
Friday's Upgrades and Downgrades	UpgradesAlliance Data (ADS)= Robert W. Baird Neutral » Outperform MIPS Techs (MIPS)= B. Riley & Co Neutral » BuyRyder System (R)= BB&T Capital Mkts Hold » BuyNCR Corp (NCR)= Wedbush Morgan Buy » Strong Buy Imation (IMN )= Needham & Co Hold » Buy Cablevision (CVC)= Kaufman Bros Sell » Hold Big Lots (BIG)= Wachovia Underperform » Mkt Perform Enterprises Finl (EFSC)= Keefe Bruyette Underperform » Mkt Perform Comerica (CMA)= Rochdale Securities Sell » H...	February 01, 2008
Fast Money	Word On The StreetWall Street experienced some wild volatility on Thursday with the Dow swinging 450 points intraday. The Dow was able to finish in the green up 207 points and the Nasdaq finished up 40 points. Karen Finerman explained that she is very skeptical about this rally and she thinks the action reeks of window dressing. She disclosed she shorted Capital One F...	January 31, 2008
The 52-Week Low Club (CDNS)(ARAY)(RNOW)(CRUS)(HSTX)	Cadence Design Systems (CDNS) posts bad numbers and gets downgrades. Falls to $9.90 from 52-week high of $24.90. Accuray (ARAY) The radiosurgery device maker... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] ...	January 31, 2008

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