STMicroelectronics Reports 2016 Third Quarter and Nine Month Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Stifel Upgrades STMicroelectronics (STM) to Buy
October 27, 2016 2:27 PM EDTStifel upgraded STMicroelectronics (NYSE: STM) from Hold to Buy.
For an analyst ratings summary and ratings history on STMicroelectronics click here. For more ratings news on STMicroelectronics click here.
Shares of STMicroelectronics closed at $7.95 yesterday.
... MoreSTMicroelectronics N.V. (STM) Misses Q3 EPS by 4c
October 27, 2016 8:47 AM EDTSTMicroelectronics N.V. (NYSE: STM) reported Q3 EPS of $0.08, $0.04 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.8 billion.
"In the third quarter revenues increased 5.5% sequentially and 1.9% year-over year. Revenue growth also brought... More
