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Lam Research Corporation stock price
Lam Research Corporation latest news:
Lam Research to buy back up to $2 billion in stock, hikes dividend
Lam Research Corp. on Tuesday said it will buy back up to $2 billion in shares over the next 12 to 18 months. Its board also approved raising the quarterly dividend by 11% to 50 cents a share. The dividend will be paid on Jan. 10 to shareholders of record on Dec. 6. Shares of Lam Research gained 1.7% after hours. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Lam Research announces $2.3 bln capital return program
Lam Research Corp(LRCX): * Lam Research Corporation(LRCX) announces $2.3 billion capital return program.
BRIEF-TSMC orders machinery equipment worth T$2.1 bln
* Says it orders machinery equipment worth T$2.1 billion
($69.43 million) from Lam Research International Sarl, Applied
Materials South East Asia Pte Ltd
Why Analysts Are Stepping All Over Themselves Chasing Lam Research Higher
Lam Research revenue, profit beat estimates as chip demand booms
Lam Research Corp(LRCX), a maker and supplier of chip equipment, reported better-than-expected quarterly profit and revenue as the company benefited from chipmakers stepping up investments in technology and capacity. The company's shares, which touched a record high of $195.49 on Tuesday, have soared 84 percent this year.
Lam Research shares slip after earnings beat
Lam Research Corp. shares slipped in the extended session Tuesday even after the chip-making equipment company's quarterly results topped Wall Street estimates. Lam shares declined 0.4% to $193.87 after hours, following a 1.1% rise in the regular session. Shares are up 84% for the year. The company reported fiscal first-quarter net income of $590.7 million, or $3.21 a share, compared to $263.8 million, or $1.47 a share, in the year-ago period. Adjusted earnings were $3.46 a share. Revenue rose to $2.48 billion from $1.63 billion in the year-ago period. Analysts surveyed by FactSet had estimated earnings of $3.27 a share on revenue of $2.46 billion.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Lam Research reports results for quarter ended September 24, 2017
* Lam Research Corporation reports financial results for the
quarter ended September 24, 2017
BRIEF-Lam Research says CEO's FY 2017 total compensation was $11.2 mln
* Lam Research Corp says CEO Martin Anstice's FY 2017
total compensation was $11.2 million versus $10.6 million in FY
2016 - SEC filing
Source text: (http://bit.ly/2wmnogh)
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