Universal Display News

Today they are providing members comprehensive research on the Computer Peripherals industry and are offering free analytical research on AU Optronics Corp.

In addition to losing 21.5% of its value on a year-to-date basis, the stock has lagged the broader S&P 500 Index by nearly 33 percentage points over the previous 60 trading sessions.

Electronic Arts hired two executives who had connections to Activision's Call of Duty franchise, and was sued by the latter for $400 million.

Universal Display plunges after disclosing it received adverse Japanese patent rulings.

Good morning everyone and welcome to the Deutsche Bank Clean Tech, Utilities and Power Conference.

The company is principally engaged in the research and development, manufacturing and commercialization of organic light emitting diode technologies and materials.

Shares of organic light-emitting diode technology maker Universal Display are down $4.20, or almost 11%, at $34.96 after the company last night missed Q1 estimates and reaffirmed its revenue outlook for the year, citing a slip in the recognition of revenue from customer Samsung Electronics .

The analysts wrote, "We see little risk to Universal Display's 2012 revenue outlook despite weaker-than-expected 1Q12 results.

In trading on Thursday, computers shares were relative laggards, down on the day by about 1.1%. Helping drag down the group were shares of Silicon Graphics International C , down about 20.6% and shares of Universal Display off about 11.1% on the day.

For the first quarter of 2012, the Company reported an operating loss of $1.6 million and a net loss of $1.2 million, or per diluted share, on revenues of $12.6 million.

The analysts wrote, "PANL reports its 1Q12 results after market close on 5/9/12. We remain UW on PANL and have lowered our PT to $30 . Our bearish stance stems from the fact that a) improving performance of Retina display and the evolution of high performance LCDs are pushing out broad based OLED adoption with the exception of Samsung who has been ... (more)

Hartford Financial Services Group Inc. : UBS said Hartford's management must execute in order to drive material improvement in shares, and if not, than a breakup in the P&C and other businesses will be called for.

Shares of Universal Display were up 0.7% in recent trading, but Canaccord sees a volatile first quarter ahead.

Universal Display traded up 0.98% on Friday, hitting $41.05. Universal Display has a 1-year low of $22.73 and a 1-year high of $60.28. The company has a market cap of $1.894 billion and a price-to-earnings ratio of 580.71. The company last announced its quarterly results on Tuesday, February 28th.

Shares of LG Display , the world's second largest flat-panel maker, were falling 6.6% in recent trading, after South Korean prosecutors reportedly searched its Seoul headquarters.

DRESDEN, Germany, and EWING, N.J., April 30, 2012 - Universal Display Corp. announced that it will provide proprietary UniversalPholed phosphorescent organic LED materials to Fraunhofer IPMS COMEDD to drive energy efficiency in its white OLED lighting panels.