Pending Wolfson investor approval, Cirrus Logic will acquire the Edinburgh-based multinational for a value of approximately $467 million.
On the back of strong financials in Q1 2014, Morgan Stanley signals its strength by increasing its dividend 100%, the first time it has increased it since 2004.
With two weeks to go until Cirrus Logic releases its Q3 2014 earnings, which way are the winds blowing for this seemingly unloved Apple supplier?
Apple positions itself to grow substantially in the largest mobile market in the world; suppliers stand ready to benefit.
On Nov. 14, Cirrus Logic's CFO, Thurman Case, presented at Goldman Sachs' inaugural small-/mid-cap growth conference, conveying his company's business case in a clear and convincing manner.
The recent selloff in Cirrus Logic's stock represents a deep discount that should allow smart investors the chance to establish, or add to, positions in the company.
Massive metadata-gathering efforts by the likes of Google, Yahoo, Amazon, Facebook, Netflix, and Twitter highlight the extraordinary value inherent in creating your own proprietary "gold mine" to extract value from over time.