MagnaChip Semiconductor Corp (MX.N)
22 Jun 2017
* Magnachip Semiconductor Corp - believes it remains on track to complete planned workforce reduction within its cash cost range of $29-33 million
WASHINGTON, May 1 MagnaChip Semiconductor Corp and its former chief financial officer have agreed to settle charges related to an alleged accounting scheme to artificially boost revenue and manipulate financial results, the U.S. Securities and Exchange Commission said on Monday.
* Magnachip Semiconductor - board of directors of Magnachip Semiconductor Corporation approved implementation of a new headcount reduction plan
* Magnachip Semiconductor Corp - for q1 of 2017 gross profit is anticipated to be in range of 24 pct to 26 pct
* Magnachip announces proposed $65 million private offering of exchangeable senior notes and stock repurchase