XLNX News and Press, Xilinx Inc. From 05/10/21

Sam Zell's Equity Commonwealth (EQC) wins bidding war for Monmouth Real Estate Investment Corporation (MNR) but arbitrageurs are expecting more. Farm Bureau Property & Casualty Insurance Company bumps up its offer price for FBL Financial Group (FFG) to $61 per share from its previ...

The UK's Competition and Markets Authority has launched its inquiry into the potential acquisition of Xilinx (XLNX) by Advanced Micro Devices (AMD).The CMA will accept comments on the merger until May 21.A decision is due by July 6 and CMA will then either approve the deal or recommend t...

In October of 2019, Micron called Intel's share of IMFT / 3D Xpoint. In March, Micron announced that they will discontinue IMFT & 3D Xpoint. I believe that this is an obfuscation. Don the tinfoil hats. For further details see: Micron's Clever Subterfuge

Xilinx (XLNX) gains 1.6% after hours on fiscal Q4 results that topped estimates with record revenue up 13% on the year to $851M and $0.82 EPS, three cents ahead of estimates.Data Center Group sales were up 28% Q/Q. Wired and Wireless increased 13%.Aerospace & Defense, Industrial and ...

Xilinx (XLNX): FQ4 Non-GAAP EPS of $0.82 beats by $0.03; GAAP EPS of $0.75 beats by $0.05.Revenue of $851M (+12.6% Y/Y) beats by $38.22M.Fiscal fourth quarter free cash flow of $227 million, representing 27% of revenue.Press Release For further details see: Xilinx EPS beats by $0.03, be...

Record revenue of $851 million in the quarter; fiscal 2021 revenue of $3.15 billion Data Center Group (DCG) revenue in the quarter increased 28% sequentially, and fiscal 2021 revenue increased 20% over the prior year Wired and Wireless Group (WWG) revenue in the quarter increa...

Shares slide despite very strong earnings report. Xilinx deal will help to offset growth slowdown concerns. Technical pressure should reside in the near term. For further details see: AMD: Here's Your Opportunity

Merger activity increased last week with seven new deals announced. 24 deals announced in the month of April. The acquisition of Proofpoint by Thoma Bravo. For further details see: Merger Arbitrage Mondays - Standard Industries Finally Bags W. R. Grace

Added a few new stocks as I continue to buy additional bitcoin exposure along with traditional underperforming FAANG names like Apple. Trading a lot more than usual, so bye-bye key stocks with plans for additional buys and sells to begin the month in the Health Care sector. A port...

AMD had a solid Q1. In fact, accelerated growth in the wake of the stock sell-off/plateau might have caused a short-term undervaluation. Long-term, increased competition from Intel clouds visibility. Article also demonstrates that cloud digestion is real. Management’s refus...