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21.07.26 - 19:31
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These Chips Are Scorching Hot: Utz Soars 90% On Take-Private Deal (ZeroHedge)
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These Chips Are Scorching Hot: Utz Soars 90% On Take-Private Deal
Chips are scorching hot on Tuesday, but not the kind made by Nvidia, AMD or Intel.
Shares of Utz Brands, the Hanover, Pennsylvania-based snack maker known for its potato chips, cheese balls and red-and-white "Little Utz Girl" logo, erupted after European snack giant Intersnack agreed to take the company private.
Utz Brands surged 90% after European snack maker Intersnack agreed to take the potato-chip producer private for $14.25 a share in cash.
Utz Brands
The transaction will be financed with about $920 million from Intersnack, new term and asset-backed loans, and rollover equity from the Rice and Lissette family. BofA Securities advised Intersnack and arranged the debt financing.
"Intersnack shares our vision for Utz, and their marketing, manufacturing, and technology capabilities will be invaluable as we continue to invest in our brands and accelerate our strategy," Utz CEO Howard Friedman said.
The Utz ta...
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21.07.26 - 16:12
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This Is Why I Can’t Stop Buying AMD (24/7 Wall St.)
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I keep hitting the buy button on AMD (NASDAQ:AMD) because the projections analysts were sketching a year ago are showing up in the filings, in the customer names, and in the cash flow. Every quarter I tell myself I have enough. Every quarter I add more. The Thesis I Cannot Shake AMD currently captures just ... This Is Why I Can't Stop Buying AMD...
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21.07.26 - 15:24
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Intel Jumps 6% on RBC’s Q2 Beat Call, AMD Rises 4%, Broadcom Climbs 3% as Chip Rally Resumes (24/7 Wall St.)
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Intel (NASDAQ:INTC) shares are up 6% to $102.53 in early Tuesday trading, leading a broad chip rebound after a preview note from RBC Capital Markets flagged a likely Q2 revenue beat. The move extends day two of a semiconductor rally following last week's rout. Advanced Micro Devices (NASDAQ:AMD) stock is up 4% to $523, while ... Intel Jumps 6% on RBC's Q2 Beat Call, AMD Rises 4%, Broadcom Climbs 3% as Chip Rally Resumes...
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21.07.26 - 13:06
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AMD (Advanced Micro Devices) Outperform (DPA-AFX)
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NEW YORK (dpa-AFX Analyser) - Das US-Analysehaus Bernstein Research hat die Einstufung für AMD vor Zahlen zum zweiten Quartal auf "Outperform" mit einem Kursziel von 600 US-Dollar belassen. Der Halbleiterhersteller profitiere in besonderem Ausmaß von ......
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