ARM Holdings PLC (ARM.L)
29 Apr 2016
MILAN/LONDON, April 20 European shares retreated from three-month highs on Wednesday as oil prices fell, but the losses were limited by some solid earning updates, including those of UK chip maker ARM.
* Shares up 3 pct (Adds CFO comments, analyst reaction, shares)
LONDON, April 20 European equities retreated from three-month highs on Wednesday, with weaker energy stocks outpacing a rally in companies such ARM Holdings after their results.
LONDON, April 20 European equities retreated from their three-month highs on Wednesday, mirroring losses in Asia, with a fall in oil and metals prices putting pressure on commodities-related stocks.
* Cfo says "very confident" will continue to outperform wider semi market
LONDON, April 20 ARM Holdings, the provider of technology for the iPhone, reported a 14 percent rise in first-quarter profit, outperforming a weak semiconductor market as its most advanced chips were used in an increasing number of smartphones.
March 4 Securities analysts revised their ratings and price targets on several European companies, including ABB Ltd, Almirall and Siemens, on Friday. HIGHLIGHTS * Cobham Plc : JP Morgan cuts to neutral from overweight * Siemens AG : Goldman Sachs raises to buy from neutral * Associated British Foods : Barclays cuts to equal weight from overweight * Euromoney Institutional : Canaccord Genuity raises to buy from hold * Almirall : Kepler Cheuvreu
LONDON, Feb 10 World-leading technology company ARM Holdings said a vote to leave the European Union by the British electorate, the so-called Brexit, would hinder its ability to employ the scientists and engineers it needs.
* Says not overly worried about China (Adds further reaction, updates shares)
LONDON Britain's ARM Holdings said more than half of all smartphones shipped in the fourth quarter contained its most powerful processor technology, helping it grow revenue even as demand cools in markets such as China.