Jim01
11 년 전
Xcerra, (Formerly LTX-Credence) Announces Webcast of Upcoming 42nd Annual Cowen and Company Technology, Media & Telecom Conference
May 22, 2014 15:03 | Source: Xcerra Corporation
NORWOOD, Mass., May 22, 2014 (GLOBE NEWSWIRE) -- Xcerra Corporation (Nasdaq:XCRA), formerly known as LTX-Credence Corporation (Nasdaq:LTXC), today announced that it will present at the 42nd Annual Cowen and Company Technology, Media & Telecom Conference on Thursday, May 29, 2014 at 3:30 p.m. EDT. This event will be available over the Internet via live webcast.
The webcast may be accessed via Xcerra's Investor Relations home page at http://www.xcerra.com/investors.html. A replay of the webcast will be available for 90 days following the conference.
About Xcerra
Xcerra Corporation is comprised of four businesses in the semiconductor and electronics manufacturing test markets: atg-Luther & Maelzer, Everett Charles Technologies, LTX-Credence and Multitest. The combination of these businesses creates a company with a broad spectrum of semiconductor and PCB test expertise that drives innovative new products and services, and the ability to deliver to customers fully integrated semiconductor test cell solutions. The Company addresses the broad, divergent requirements of the mobility, industrial, automotive and consumer end markets, offering a comprehensive portfolio of solutions and technologies, and a global network of strategically deployed applications and support resources. Additional information can be found at www.xcerra.com or at each product group's website; www.atg-lm.com, www.ectinfo.com, www.ltxc.com and www.multitest.com
Xcerra is a trademark of Xcerra Corporation.
All other trademarks are the property of their respective owners.
Investor Contact:
Richard Yerganian,
Vice President, Investor Relations
Xcerra Corporation
Tel. 781.467.5063
Email
XCRA News Release
_____________________________________________________
New XCRA IH Board:
IH XCRA Board
Jim
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trade2much
14 년 전
Jer: "Dave Tacelli, chief executive officer and president, commented, "We believe this transaction will broaden LTX-Credence's appeal to institutional investors, and reduce transaction costs and certain administrative expenses. Moreover, the reverse split comes at a time when LTX-Credence's strategic execution and focus on fundamentals are strengthening the company's financial and competitive position, thereby enhancing long-term shareholder value."
That is a very nice, and a rather unusual, reason for a penny stock to do an R/S, refreshing to say the least. It sure looks as though it is the real goal, and I am very pleased about that it is in agreement with the other fundamentals I saw.
Thanks much for your reply;
StkMktPirate
14 년 전
Here is the Short response:
LTX-Credence Corporation to Seek Shareholder Approval for Reverse Stock Split
MILPITAS, Calif., May 26, 2010 (GlobeNewswire via COMTEX) --LTX-Credence Corporation (Nasdaq:LTXC), a global provider of focused, cost-optimized ATE solutions, today announced that its Board of Directors has authorized the Company to submit a proposal to its shareholders at a special meeting seeking authorization to effect a reverse split of the Company's common stock at a ratio of one-to-three. Further details regarding this proposal will be forthcoming in the Company's proxy materials for the special meeting. On May 26, 2010, the Company had approximately 147 million shares of common stock outstanding.
Dave Tacelli, chief executive officer and president, commented, "We believe this transaction will broaden LTX-Credence's appeal to institutional investors, and reduce transaction costs and certain administrative expenses. Moreover, the reverse split comes at a time when LTX-Credence's strategic execution and focus on fundamentals are strengthening the company's financial and competitive position, thereby enhancing long-term shareholder value."
trade2much
14 년 전
JER: LTXC- seems like you have that nailed. *Other than reducing the O/S or raising the price I don't see a good reason for an R/S the Debt to Equity is good and PEG is great, COH is good and Debt is minimal.These fundamentals say it is doing well http://finance.yahoo.com/q/ks?s=LTXC+Key+Statistics.
Not seeing the actual reason for what is spelled out below.
Can you enlighten me? THe new price should only be $6+ are they changing exchanges and need it as a requirement? TIA
MILPITAS, Calif., Sept. 30, 2010 (GLOBE NEWSWIRE) -- LTX-Credence Corporation (Nasdaq:LTXC - News) today announced that its previously announced one-for-three reverse stock split became effective as of 5:00 p.m., Eastern time, on September 30, 2010. The reverse stock split will be effective for trading purposes at the opening of the market on October 1, 2010. Due to the reverse stock split, LTX-Credence's common stock will now trade under a new CUSIP number, 502403 207. In addition, the common stock will temporarily trade under the symbol LTXCD for 20 trading days, after which time the symbol will revert to LTXC.
As a result of the reverse stock split, each outstanding share of LTX-Credence common stock was automatically changed into one-third of a share of common stock. Also, as previously announced, the number of authorized shares of LTX-Credence common stock was fixed on a post-split basis at 150,000,000 in connection with the reverse stock split.