fwd P/E 14.2; yield 1.9%; 28% of market value is in cash & investments; pg 13]; image sensor maker OmniVision [ OVTI ; bid from Chinese Hua Capital may improve; pg 13]; summer discount deals [ BBT, COP, JNPR, UTX ; pg 17]; commercial
Baird has downgraded OmniVision ( OVTI -1.8% ) to Neutral a day after the company received a non-binding $29/share buyout offer from a Chinese investor group
By SA Editor Miriam Metzinger : Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Thursday August 14. UPS (NYSE: UPS ) Is One of the Highest Quality Companies In The World. Other stock mentioned: American Airlines (NASDAQ: AAL ) UPS ( UPS ) is nearly 10 points off its
OmniVision ( OVTI +13.5% ) has jumped in response to Hua Capital's non-binding $29/share buyout offer . Shares are making new 52-week highs, but remain 4% below Hua's offer price. 1 comment!
Aug 14 (Reuters) - U.S. digital imaging chipmaker OmniVision Technologies Inc said it received a buyout proposal from a group of investors led by China's Hua Capital Management Ltd.
China's Hua Capital has made a "non-binding" offer to acquire OmniVision (NASDAQ: OVTI ) for $29/share in cash. The price represents an 18% premium to yesterday's close, and translates into a $1.7B valuation
By Anup Singh : Back in March, Apple (NASDAQ: AAPL ) supplier OmniVision Technologies (NASDAQ: OVTI ) looked like a value play . The company looked well placed to benefit from the growing smartphone market in China, while the
Baird's checks suggest OmniVision ( OVTI +1.2% ) is regaining lost Chinese smartphone image sensor share. The firm adds it sees strong design win activity for OmniVision
another feature of smartphones, possibly with new wearable smartphone mounts. Digital-image sensor maker OmniVision Technologies [ OVTI ] is attractive. The loss of its high-end business from Apple [ AAPL ] iPhones is now behind as it has
Google [ GOOG ], Samsung Electronics are into this game but pure play sensor makers [Japanese Alps Electric, INVN, SYNA, OVTI ] may offer higher risks and rewards; a recent Barron’s feature UNXL fell quite sharply and that indicates risks. Pg 33