Items Tagged with 'Electro '
ESI Settles Litigation
On November 29, 2012, Electro Scientific Industries, Inc. (NASDAQ:ESIO), a leading supplier of innovative laser-based manufacturing solutions for the microtechnology industry, announced that the company has a reached a settlement agreement with All Ring Tech Co. Ltd. (All Ring) related to ESI's claim of infringement of one of its patents pertaining to electronic component tester technology.
ESI Reports Revenue of $80.2 million
On October 25, 2012, Electro Scientific Industries, Inc. (NASDAQ:ESIO) announced results for its fiscal 2013 second quarter ended September 29, 2012. Revenue in the second quarter was $80.2 million, compared to $59.0 million in the first quarter of 2013 and $81.9 million in the second quarter of last fiscal year.
ESI Reports Revenue of $59.0 Million
On July 25, 2012, Electro Scientific Industries, Inc. (NASDAQ:ESIO), a leading supplier of innovative laser-based manufacturing solutions for the micro technology industry, today announced results for its fiscal 2013 first quarter ended June 30, 2012.
ESIO Purchases EOLITE Systems for $10 Million Cash
On June 19, 2012, Electro Scientific Industries, Inc. (NASDAQ: ESIO) announced that it has acquired EOLITE Systems, a designer and manufacturer of unique fiber lasers.
ESIO Reports Decreased Revenue
On May 10, 2012, Electro Scientific Industries, Inc. (NASDAQ: ESIO) announced results for its fiscal 2012 fourth quarter and year ended March 31, 2012.
On October 26, 2011, Electro Scientific Industries, Inc. (ESI) (NASDAQ: ESIO) announced results for its fiscal 2012 second quarter ended October 1, 2011.
George Putnam's Favorite Stocks for 2016
Turnaround Investing Blog
Negative media headlines can be a great source of turnaround ideas. Stories about struggling companies, management turmoil, failed strategies, large financial losses, industrial accidents, lawsuits and the like can drive a stock to well-below reasonable levels and may provide a buying opportunity. Like all Wall Street axioms, however, “buy on bad news” must be accompanied by careful analysis to evaluate the potential for turnaround success.
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Banking on a Financial Sector Turnaround
MoneyShow.com recently tapped George's favorable opinion for a banking industry rebound. In "Turnaround Expert's Banking Bets," Steve Halpern highlights a trio of Putnam's top stock picks from the battered financial sector.
George reminds value investors: "Fortunately, many of the factors...just aren't present in the market, and the other reason that investors seem to be down on the banks is they sort of expected the Fed to raise interest rates a little faster than they have. And the banks do better when interest rates are rising because they have wider margins on their loans, but I think the Fed will gradually raise rates to we will see profits improve, and so I think this downturn is really temporary."
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