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Sunday, January 25, 2015

BRIEF-Tokyo Electron notice about MOFCOM merger review, (NASDAQ: AMAT)

Japan's Tokyo Electron Ltd : * Says if unable to conclude discussions with Chinese regulators before scheduled end of current review phase around Feb 3, expects to be able to continue discussions in coordination with remaining reviews in other jurisdictions regarding proposed merger with Applied Materials Source text for Eikon: Further company coverage: (Tokyo Newsroom)

Applied Materials, Inc. (Applied) provides manufacturing equipment, services and software to the global semiconductor, flat panel display, solar photovoltaic (PV) and related industries. Shares of AMAT fell by 2.07% or $-0.51/share to $24.11. In the past year, the shares have traded as low as $16.40 and as high as $25.71. On average, 12799300 shares of AMAT exchange hands on a given day and today's volume is recorded at 13218578.