Synaptics Inc.

Dialog and Synaptics confirm acquisition talks, Synaptics shares soar

Dialog Semiconductor PLC and Synaptics Inc. confirmed Tuesday afternoon that they are discussing a merger. U.K.-based Dialog said that its board is performing due diligence on an acquisition of Synaptics, while Synaptics separately announced that it is "engaged in discussions" with Dialog. Bloomberg News reported nearly two weeks ago that the computer-component companies were discussing a deal. Synaptics stock soared 10.8% higher on the day Bloomberg published its story. Synaptics shares were halted in after-hours trading Tuesday ahead of the announcements, and jumped more than 10% after they began trading again at 5 p.m. Eastern time.

• Jun. 19, 2018 at 5:03 p.m. ET
• by Jeremy C. Owens

Synaptics resumes after-hours trading, stock up 12%

Synaptics resumes after-hours trading, stock up 12%

• Jun. 19, 2018 at 5:02 p.m. ET
• by MarketWatch

Dialog Semi: Board exploring acquisition of Synaptics

Dialog Semi: Board exploring acquisition of Synaptics

• Jun. 19, 2018 at 4:40 p.m. ET
• by MarketWatch

Synaptics halted for pending news

Synaptics halted for pending news

• Jun. 19, 2018 at 4:37 p.m. ET
• by MarketWatch

Apple stock gains after KeyBanc says iPhone inventory levels have 'normalized'

Shares of Apple Inc. are up 0.3% in Tuesday morning trading after KeyBanc Capital Markets analyst John Vinh said that iPhone inventory levels "have normalized" ahead of iPhone launch season later this year. "We would also highlight that current inventory levels are consistent with healthy levels observed in past cycles, which incrementally leaves us more constructive ahead of the 2H ramp of the new iPhone 9 cycle," Vihn wrote. He added that Samsung Galaxy S9 sell-through "continues to deteriorate." Vinh recommended that investors "continue to own" shares of Apple suppliers Broadcom Inc. , Skyworks Solutions Inc. , and Synaptics Inc. heading into the launch of the next iPhone. Apple shares are up 32% over the past 12 months, while the Dow Jones Industrial Average has gained 19%.

• Jun. 12, 2018 at 10:16 a.m. ET
• by Emily Bary

Synaptics overweight rating reiterated at JPMorgan

Synaptics overweight rating reiterated at JPMorgan

• May. 18, 2018 at 8:11 a.m. ET
• by Ciara Linnane

Synaptics shares fall after fiscal Q3 sales miss

Shares of Synaptics Inc. fell nearly 6% late Wednesday after the maker of laptop touchpads and other human-interface hardware and software narrowly beat forecasts for per-share adjusted earnings and reported sales below expectations. Synaptics said it lost $13.7 million, or 40 cents a share, in the fiscal third quarter, versus earnings of $4.5 million, or 13 cents a share, in the year-ago period. Adjusted for one-time items, the company earned 92 cents a share, compared with $1.27 a share a year ago. Revenue fell 11% to $394 million, from $444 million a year ago. Analysts polled by FactSet had expected adjusted earnings of 91 cents on sales of $402 million. Synaptics ended the regular trading day up 1.8%.

• May. 9, 2018 at 4:59 p.m. ET
• by Claudia Assis

Synaptics stock rises after Mizuho upgrades to buy, predicts higher-than-expected LCD iPhone mix

Shares of Synaptics Inc. are up 2.3% in premarket trading Wednesday after Mizuho analyst Vijay Rakesh upgraded the stock to buy. He said the second half of the 2018 calendar year could be stronger than expected for the LCD Apple Inc. iPhone market, which is a potential source of upside. "While LCD was supposed become obsolete with OLED, high OLED panel prices (4-5x LCD panel prices), and low yields at other Korean and China OEMs outside of Samsung ...we believe 2H 2018 could see LCD iPhones at 60% of the mix versus ~30-50% of new iPhones in 2H17, creating a tailwind for Synaptics," he wrote. Rakesh also said that the second half of the year is typically better for sales of voice assistants. He raised his price target to $55 from $42. Synaptics shares are down 15% over the past 12 months, while the S&P 500 has gained 13%.

• Apr. 11, 2018 at 8:15 a.m. ET
• by Emily Bary

Bull trend grinds higher, S&P 500 extends January breakout

• Jan. 23, 2018 at 12:18 p.m. ET
• by Michael Ashbaugh

Synaptics upgraded to overweight from sector weight at KeyBanc Capital

• Jan. 12, 2018 at 7:48 a.m. ET
• by Tomi Kilgore

Synaptics stock rises after Oppenheimer upgrade

• Dec. 8, 2017 at 9:29 a.m. ET
• by Emily Bary

Synaptics upgraded to perform from underperform at Oppenheimer

• Dec. 8, 2017 at 7:42 a.m. ET
• by Tomi Kilgore

Charting a Thanksgiving breakout, Nasdaq knifes to uncharted territory

• Nov. 22, 2017 at 11:50 a.m. ET
• by Michael Ashbaugh

Apple supplier Synaptics soars on better-than-expected earnings

• Nov. 7, 2017 at 5:15 p.m. ET
• by Sue Chang

Synaptics stock price target raised to $77 from $72 at J.P. Morgan

• Jun. 13, 2017 at 7:59 a.m. ET
• by Tomi Kilgore

Apple supplier Synaptics to buy audio software company, enters deal with Marvell

• Jun. 12, 2017 at 4:51 p.m. ET
• by Claudia Assis