Previous 10 | Next 10 |
2023-11-01 10:40:41 ET Summary Lumentum Holdings Inc.'s acquisition attempt of Coherent sparked a bidding war in 2021, but they ultimately "lost" out to II-VI. Lumentum's organic growth has been unimpressive, with declining sales and earnings. The company made smaller acquisit...
PITTSBURGH, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in lasers for life sciences, today announced that its Axon laser has won the 2023 Business Innovation Award from the Institute of Physics (IOP). The award was presented in a ceremony held Oct. 30. “Co...
SAN DIEGO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Iridia™ Inc., a pioneer in the field of DNA-based data storage, today announced the appointment of Sandeep Vij, an experienced semiconductor industry executive, to its Board of Directors. With his appointment, Iridia’s Board has been expa...
PITTSBURGH, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will release its financial results for the quarter ended September 30, 2023, in a shareholder letter posted on Coherent’s websit...
2023-10-21 10:10:00 ET Summary Liberty Park Capital Management provides investors with extraordinary returns by exploiting niche sectors that are underfollowed, misunderstood and mispriced. Liberty Park Capital manages two fundamental smaller-cap equity strategies: low-net and long-bi...
2023-10-19 03:54:07 ET Summary Coherent showcased strong financial performance in the recent quarter, with notable revenue and commendable non-GAAP EPS. COHR holds a promising outlook in its datacom segment, particularly in AI-related applications, and has made significant investm...
2023-10-17 18:20:18 ET Summary Coherent (formerly II-VI) has faced operational headwinds and a debt overhang, leading to a re-rated stock. Shares have doubled in a few weeks due to AI/ML hype over the past summer but have since dropped back to low-thirties. The outlook for fis...
2023-10-16 09:32:51 ET Coherent (NYSE: COHR) and Lumentum (NASDAQ: LITE) are two of the world's largest producers of lasers and optical communications chips. But over the past year, Coherent's stock stayed nearly flat as Lumentum's stock plummeted 40%. Coherent, known as...
2023-10-16 05:10:00 ET Many tech investors likely recognize Coherent (NYSE: COHR) as the maker of lasers, optical equipment, and chips and it was acquired by II-VI last July. They also probably know II-VI rebranded itself as Coherent and took over its ticker. Yet this "new" Cohe...
2023-10-13 19:07:00 ET It isn't every day when a business receives $1 billion in financing for one of its operations. This happened to industrial company Coherent (NYSE: COHR) this week, and happy shareholders reacted by pushing the stock up in value. It rose by nearly 5% over the c...
News, Short Squeeze, Breakout and More Instantly...
2024-07-20 16:36:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Fujitsu and Cohere launch strategic partnership and joint development to provide generative AI for enterprises Kawasaki, Toronto and San Francisco, July 16, 2024 - (JCN Newswire) - Today, Fujitsu announced a strategic partnership with Cohere Inc., a security and data privacy-focused...