Novellus Systems News

Dec. 9 -- Richard Hill, chief executive officer of Novellus Systems Inc., talks with Bloomberg's Betty Liu, Jon Erlichman and Adam Johnson about the outlook for the semiconductor industry.

Over the past 25 years of analyzing the semiconductor equipment space, I have been often critical of Applied Materials .

The Mountain View provider of large-scale, concentrated solar thermal steam systems for electricity generation and industrial processes named Thomas Caulfield president and chief operating officer.

As reported, Applied Materials Inc. and Semitool Inc. this week announced a definitive agreement for Applied to acquire the outstanding shares of Semitool for $11 per share in an all-cash tender offer.

The major indexes ended mixed on a day filled with positive auto sales numbers and Berkshire Hathawaya s biggest deal ever.

As noted earlier this week in my article "Inventory in Semiconductors Looking Lean" , most of it has improved with the exception of hardware OEMs.

Novellus Systems announced today that it has developed a new tungsten deposition process, called LRWxT, that can effectively reduce contact and line resistance at the 3Xnm technology node compared to conventional tungsten chemical vapor deposition technology.

Banks declined after UBS reported wider than expected loss. Cognizant Technology Solutions Corp guides higher earnings.

This morning, Deutsche Bank upgraded shares of Freeport McMoRan from Neutral to Buy as the company has easily beat estimates the past two quarters.

Chip makers have been exceeding analyst expectations for third-quarter performance with regularity over the past two weeks.

Novellus Systems on Wednesday swung to a third-quarter loss, stung by a 29% decline in sales from the year-earlier period.

Novellus Systems Inc. October 21, 2009 at 4:30 pm ET Executives Richard S. Hill - Chairman of the Board, Chief Executive Officer Jeffrey C. Benzing - Principal Financial Officer, Executive Vice President, Chief Administrative Officer Thomas Caulfield - Executive Vice President Sales, Marketing and Customer Service Timothy M. Archer - Executive Vice ...

TheStreet.com's stock-rating model upgraded Novellus Systems , a maker of semiconductor-manufacturing equipment, to "hold." The numbers : The company's second-quarter loss widened to $50 million, or 52 cents a share, from a loss of $2.4 million, or 2 cents a share, in the year-earlier period.

Ausra Inc., a provider of large-scale, concentrated solar thermal steam systems for electricity generation and industrial processes, has named Thomas Caulfield as president and chief operating officer.

A Credit Suisse analyst upgraded Novellus Systems Inc. shares to "Outperform" Monday, citing several reasons including an expectation that Samsung Electronics Co.

Ausra, Inc., a leading provider of large-scale, concentrated solar thermal steam systems for electricity generation and industrial processes, has named Dr.

Zacks Research Equity Strategist, Dirk Van Dijk says that S&P 500 earnings are continuing to show red ink.

Description: Novellus CEO Rick Hill on estimates that sector sales may fall 20 percent in coming months - " Global semiconductor sales account for hundreds of billions of dollars and millions of good jobs here in the US and around the world.

Get back in the chips. FOR MONTHS, MICROSOFT CEO STEVE BALLMER has been asserting that what we are going to see following the recession isn't so much a rebound as a resetting at a lower level.

U.S. stock market futures were higher on Friday as traders await key payrolls figures expected to set the tone for end-of-the-week stock market action.