Maxim Integrated Products (NASDAQ:MXIM) CEO Tunc Doluca unloaded 2,000 shares of Maxim Integrated Products stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $30.04, for a total value of $60,080.00. Following the sale, the chief executive officer now directly owns 8,393 shares of the company’s stock, valued at approximately $252,126. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on MXIM. Analysts at B. Riley raised their price target on shares of Maxim Integrated Products (NASDAQ:MXIM) from $28.00 to $33.00 in a research note to investors on Tuesday. They now have a “neutral” rating on the stock. Separately, analysts at Thomson Reuters/Verus upgraded shares of Maxim Integrated Products (NASDAQ:MXIM) from a “sell” rating to a “hold” rating in a research note to investors on Monday. Finally, analysts at Goldman Sachs Group Inc. upgraded shares of Maxim Integrated Products (NASDAQ:MXIM) from a “neutral” rating to a “buy” rating in a research note to investors on Monday. They now have a $34.00 price target on the stock, up previously from $30.00.
Eleven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $32.05.
Shares of Maxim Integrated Products (NASDAQ:MXIM) traded down 1.00% on Wednesday, hitting $29.74. The stock had a trading volume of 2,719,829 shares. Maxim Integrated Products has a 52 week low of $25.54 and a 52 week high of $33.67. The stock’s 50-day moving average is $28.54 and its 200-day moving average is $29.68. The company has a market cap of $8.473 billion and a P/E ratio of 19.78.
Maxim Integrated Products (NASDAQ:MXIM) last posted its quarterly earnings results on Thursday, July 25th. The company reported $0.44 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.47 by $0.03. The company had revenue of $608.00 million for the quarter, compared to the consensus estimate of $626.24 million. During the same quarter in the prior year, the company posted $0.45 earnings per share. The company’s quarterly revenue was up .5% on a year-over-year basis. Analysts expect that Maxim Integrated Products will post $1.67 EPS for the current fiscal year.
Maxim Integrated Products, Inc (NASDAQ:MXIM), designs, develops, manufactures and markets a range of linear and mixed-signal integrated circuits, commonly referred to as analog circuits, for a large number of customers in diverse geographical locations. (http://www.wkrb13.com)
HOLLISTER, Idaho — Residents of the small southern Idaho town of Hollister are hopeful that a new filtration system planned for a local Greek yogurt plant will solve what they say is a smelly problem. The Times-News (http://bit.ly/1aAM3y3 ) reports Chobani is installing a reverse-osmosis filtration system to reduce the volume of acid whey discharged from the company's Twin Falls plant. The acid whey is typically hauled to a farm near Hollister and spread on the land as a soil amendment. The whey is also used as feed for livestock.
Sierra Nevada Space Systems flew and landed its Dream Chaser space plane for the first time Saturday in California, gliding it down for a landing despite trouble with the landing gear on touchdown. The Dream Chaser was carried aloft by a helicopter for Saturday’s test. Accounts from the test flight indicated problems with the left landing gear caused damage when the unmanned craft landed, but how significant the issue was isn’t clear. Nevertheless, the Louisville-based division of Sierra Nevada Corp. counted the Dream Chasers computer-controlled, autonomous test flight as a success.
Turkey is due to unveil Tuesday a three-billion-euro rail tunnel under the Bosphorus connecting Istanbul's European and Asian sides, one of several mega projects driven by the Islamic-rooted government in the country's main gateway city. The 13.6-kilometre (8.5 miles) tunnel includes an immersed tube tunnel which government officials say is the world's deepest at 60 metres (nearly 200 feet) below the seabed. The inauguration of the ambitious project that has cost an estimated three billion euros coincides with the 90th anniversary of the founding of modern Turkey. 
As the global obesity epidemic grows, researchers are looking worriedly at burgeoning rates of diabetes — a top risk factor for tuberculosis — and wondering if the number of TB cases will rise, too. Though infectious diseases such as tuberculosis are often thought of as being fundamentally different from chronic diseases related to lifestyle, such as diabetes and heart disease, a growing body of research indicates that the two are tied together in ways not completely understood but likely related to the body’s immune response and the metabolic effects of fat tissue. 
A New York judge has declined to break the fourth wall between TV doctors and their viewers. According to a lawsuit that was filed in March, 76-year-old Frank Dietl was watching an episode of The Dr. Oz Show in which Mehmet Oz was dispensing a home remedy to cure sleeplessness due to cold feet. The remedy entailed putting uncooked rice in a pair of socks, warming those socks in a microwave and then wearing the socks to bed.
Comodo, a certificate authority and Internet security specialist, is officially launching its Endpoint Security Manager v3 solution into the UK market at the upcoming IP EXPO in October. The anti-virus solution, aimed at organisations and businesses of all scales, offers a unique 100 per cent guarantee against an attack. The solution is backed by Comodo's promise of a $5,000 cash warranty, per incident, which is another industry first.
MANCHESTER — With violence and unrest upending much of the Muslim world, a small gathering in Manchester was doing what it could to maintain the stability of Turkey and further friendly relations with the United States. The Turkish Cultural Center New Hampshire hosted its second Annual Friendship Dinner and Award Ceremony at the Radisson Hotel in downtown Manchester, an event that drew several political, religious and business leaders from the state.
Hedo Turkoglu remains on the Orlando Magic’s roster for now, but his days playing for the team are over. Although team officials and Turkoglu’s camp have not reached a buyout deal, both sides have agreed that Turkoglu will not join the team when it convenes for the start of training camp Tuesday or at any time after that. “Our organization has a great deal of respect for Hedo and the contributions he’s made to the team over the years,” Magic General Manager Rob Hennigan told the Orlando Sentinel. 
Harris County Criminal Court-at-Law No. 8 Judge Jay Karahan, the only Turkish American elected to a Judicial position in the U.S.A, is up for reelection in the coming November 4, 2013 Municipal Elections. Judge Jay Karahan ( http://www.harriscountygop.com/judges/BioJudgeKarahan.htm ) has served successfully in this position since January 1, 2003. 
The Dream Chaser space plane, which the Colorado-based company Sierra Nevada Corporation is developing to fly astronauts to and from the International Space Station, was held aloft by an Erickson Air-Crane heavy-lift helicopter in the skies above NASA’s Dryden Flight Research Center in Edwards, California. The helicopter carried a test version of Dream Chaser for two hours during Thursday’s trial, reaching a maximum altitude of 3780 metres and following the path the space plane will likely take during future approach and landing tests at Dryden, NASA officials said.
