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Tag: emcore
Why Are Hedge Funds Selling Shares Of Comverse Inc. (CNSI), EMCORE Corporation (EMKR)?
2015-08-31 18:44:48| Semiconductors - Topix.net
In a 13D filing with the Securities and Exchange Commission, Jeffrey Bronchick 's Cove Street Capital reported reducing its stake in Comverse Inc. by 344,400 shares over the last 60 days. Therefore, the investment firm currently holds a 1.17 million-share position in the digital services company, accounting for 5.4% of its outstanding common stock.
Tags: corporation
selling
funds
shares
Becker Drapkin Management Offloads Nearly 28% Of Its Stake In EMCORE Corporation
2015-08-13 17:43:00| Electronics - Topix.net
Becker Drapkin Management , founded by Matthew Drapkin and Steven R. Becker , has recently disclosed in a 13D filing with the Securities and Exchange Commission that it has unloaded 883,611 shares of EMCORE Corporation . Following the transactions, the hedge fund currently owns 2.31 million shares in the provider of semiconductor-based products, translating into a 9.0% ownership stake.
Tags: management
corporation
becker
stake
EMCORE Corporation Announces Final Results of Its Modified Dutch...
2015-06-20 21:06:42| Semiconductors - Topix.net
EMCORE Corporation today announced the final results of its modified "Dutch auction" tender offer, which expired at 5:00 P.M., New York City time, on June 15, 2015. The Company today accepted for purchase 6,870,229 shares of EMCORE common stock at a purchase price of $6.55 per share, for a total aggregate cost of approximately $45 million, excluding fees and expenses related to the tender offer.
Tags: results
final
modified
corporation
NeoPhotonics Closes Emcore Components Buy
2015-01-05 18:26:09| Semiconductors - Topix.net
EMCORE Corporation , a leading provider of compound semiconductor-based components and subsystems for the broadband and specialty fiber optics market, today announced that it completed the previously announced sale of its tunable laser and transceiver product lines to NeoPhotonics Corporation . In connection with the closing of the transaction, EMCORE received $1.5 million in cash and a promissory note from NeoPhotonics in the principal amount of $16 million.
Tags: buy
components
closes
emcore
McCorkle resigning as EMCORE director
2014-12-26 23:04:29| Semiconductors - Topix.net
In early December, Sherman McCorkle told EMCORE he will resign his post as a director of the company at its 2015 annual meeting. In a preliminary proxy statement filed on Dec. 24 by EMCORE , the company released several bits of new information about his transition.
Tags: director
resigning
emcore