Apple (AAPL) May Have Pushed GT Advanced Tech (GTAT) Into Bankruptcy
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GT Advanced (GTAT) Has a Few More Days to Trade Like a Real Stock Before Moving to the Abyss
October 7, 2014 11:55 AM UTCWith GT Advanced Technologies (NASDAQ: GTAT) filing for Chapter 11 bankruptcy protection Monday, NASDAQ rules govern how long the stock can remain trading on the exchange before it gets shuffled down to the lowly pink sheets or OTCBB.
According to NASDAQ rules: When a company announces that it has filed for bankruptcy protection, or that filing is imminent, NASDAQ will impose a news dissemination halt. Generally, trading will be allowed to... More
Apple (AAPL) Will Likely Take Possession of GT Advanced's (GTAT) Sapphire Plant, Equipment and IP - Analyst
October 7, 2014 10:31 AM UTCIn today's price target hike report on Apple (NASDAQ: AAPL) Susquehanna analyst Chris Caso also weighed in on the GT Advanced Technologies (NASDAQ: GTAT) bankruptcy.
Caso expects Apple to be a... More
Rubicon Technology (RBCN) Higher on Apple (AAPL) Speculation
October 7, 2014 10:12 AM UTCRubicon Technology, Inc. (NASDAQ: RBCN) is seeing upside Tuesday on chatter the company could win Apple (NASDAQ: AAPL) sapphire business after Apple partner GT Advanced Technologies (NASDAQ: GTAT) filed Chatter 11 in... More
Ultra Clean (UCTT) Oversold on GT Advanced (GTAT) Bankruptcy - Needham & Company
October 6, 2014 2:11 PM UTCNeedham & Company analyst Y. Edwin Mok is out defending Ultra Clean (NASDAQ: UCTT) with shares down 10% amid news GT Advanced Technologies (NASDAQ: GTAT), which is generally believed to be UCTT's customer, unexpectedly filed for bankruptcy. The analyst said... More
GT Advanced Technologies (GTAT) Rating Suspended at Cowen
October 6, 2014 1:47 PM UTCCowen suspended coverage on GT Advanced Technologies (NASDAQ: GTAT) after it filed bankruptcy court protection under chapter 11.
... MoreGT Advanced Technologies (GTAT) Rating Suspended at Goldman Sachs
October 6, 2014 1:46 PM UTCGoldman Sachs suspended coverage on GT Advanced Technologies (NASDAQ: GTAT) after it filed bankruptcy court protection under chapter 11.
... MoreApple Supplier GT Advanced Technologies (GTAT) Files for Ch. 11 Bankruptcy
October 6, 2014 10:10 AM UTCApple's (Nasdaq: AAPL) sapphire supplier GT Advanced Technologies (Nasdaq: GTAT) announced that it had, together with certain of its direct and indirect subsidiaries (collectively, GT), commenced voluntary cases under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of New Hampshire. GT expects the court will authorize the company to continue to conduct business as usual while it devotes renewed efforts to resolve its current issues and develops a reorganization plan.
GT indicated that as of September 29, 2014 it had... More
