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The Latest Breaking News from SGH

Steelmaker's new CEO moves to cut costs on first day

In her first days as BlueScope Steel's new chief executive, Tania Archibald has pledged to streamline "leadership and functional teams" to save $150 million.

AAP

Bluescope Steel entices shareholders with $438m payday

Australia's biggest steelmaker will pay investors a special dividend of $1 per share after rejecting a takeover overture from Kerry Stokes and a US partner.

AAP

BlueScope shares steady after $13b deal's rejection

BlueScope Steel shares fell 1.6 per cent, holding onto most of their gains from this week, a sign that investors think the takeover saga isn't over yet.

AAP

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BlueScope rejects 'opportunistic' $13.2b takeover bid

Australia's biggest steelmaker has knocked back a $13.2 billion takeover offer, saying it "very significantly undervalued" the company.

AAP

Aussie steelmaker tipped to rebuff fresh $13b takeover

Shares in Australia's biggest steelmaker soared to a 17-year high on a takeover bid but analysts suggest Kerry Stokes and his US partner need to up their offer.

AAP

Colorado Child Porn Law Didn't Ban Deepfake Porn Until Recent Amendments, Court Holds

From In the Interest of Juvenile: S.G.H., decided yesterday by the Colorado Supreme Court, written by Justice Carlos A. Samour,… The post Colorado Child Porn Law Didn't Ban Deepfake Porn Until Recent Amendments, Court Holds appeared first on Reason.com.

Reason

Sasso Guerrero & Henderlite Bring Humanity Back to Family Law

The firm's beginnings trace back to two separate practices with similar ambitions. Sasso and Guerrero were running their own firm, while Henderlite partnered with a lawyer nearing retirement.

International Business Times

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How a VIP contract introduced by Tory peer left government owed £24m

DHSC rejected as ‘unusable’ PPE supplied by company linked to Lord Chadlington, which later went bust

The Guardian - UK

3 High Growth Semiconductor Stocks to Buy and Hold

The semiconductor sector is flourishing, with government support and solid consumption boosting industry confidence. As technologies and integration activities improve, high-growth semiconductor stocks such as Silicon Motion Technology (SIMO), SMART Global Holdings (SGH), and Qorvo (QRVO) could be ideal buys now and beyond. Read more.

StockNews.com

3 Overlooked Semiconductor Stocks With 17% to 51% Upside Potential

The semiconductor industry is booming in 2024, and three lesser-known stocks - Silicon Motion Technology, SMART Global Holdings, and Tower Semiconductor - are strategically positioned to ride the growth wave, offering upside potential between 17% and 51%.

Barchart

3 Chip Stocks to Consider Over NVDA

The semiconductor industry is well-positioned for long-term growth due to robust chip demand across various sectors. While NVIDIA (NVDA) receives much attention from investors, I believe SMART Global Holdings (SGH), Nikon (NINOY), and QUALCOMM (QCOM) could be better investments than NVDA. Read on.

StockNews.com

Looking Past NVDA: 3 Chip Stocks Positioned for Outperformance

Despite surging demand for AI chips, NVIDIA (NVDA) may have limited upside due to macroeconomic challenges and its elevated valuation. So, investors might consider grabbing chip stocks Skyworks Solutions (SWKS), ROHM Co (ROHCY), and SMART Global Holdings (SGH), which possess the potential to outperform NVDA. Read on….

StockNews.com

Government likely to lose millions in dispute over PPE contract awarded via ‘VIP lane’

SG Recruitment UK allegedly failed to deliver on £20m-plus Covid contract awarded after Lord Chadlington introduction

The Guardian - UK

3 Growth Stocks to Watch in June

The Fed’s aggressive rate hike stance has tampered with optimistic investors’ sentiments. Given the associated market volatilities, unlikely to diminish anytime soon, quality growth stocks The Sherwin-Williams Company (SHW), SMART Global Holdings (SGH), and Steelcase (SCS) could be sound watchlist additions in June. Read on….

StockNews.com

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Benzinga

SMART Global Shares Plummet After Q3 Results, Guides Q4 Below Consensus

SMART Global Holdings Inc. (NASDAQ:SGH) reported third-quarter sales growth of 5.7% year-over-year to $463 million, beating the consensus of $455.17 million. Adjusted EPS of $0.87 (+24% Y/Y) beat the consensus of $0.75. The gross margin expanded by 540 bps to 24.7%, and the adjusted gross margin was up 380 bps to 25.7%.…

Benzinga

Rosenblatt Sees 200% Upside In SMART Global, Coming From Data Center Demand For Specialty Memory

Rosenblatt analyst Kevin Cassidy expected SMART Global Holdings, Inc (NASDAQ: SGH) to deliver a slight beat-n-raise to consensus 3QF22 and 4QF22 outlook.

StockNews.com

5 High Growth Stocks to Buy Amid a Volatile Market

Concerns over aggressive interest rate hikes to fight the multi-decade high inflation and a looming recession have recently kept the stock market under pressure. However, growth stocks Taro Pharmaceutical (TARO), Superior Industries (SUP), Viavi Solutions (VIAV), CEVA (CEVA), and SMART Global Holdings (SGH) are well-positioned to rebound.

StockNews.com

These 5 Hard-Hit Semiconductor Stocks Offer an Attractive Buying Opportunity

Pandemic-led supply chain issues have been a major disruption to the semiconductor industry. However, given the strong demand for semiconductors across industries, the sector demonstrated solid growth last year, and that momentum is expected to continue. Given this backdrop, we think the dip in the price of semiconductor stocks MACOM…

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StockNews.com

5 Tech Stocks Down More Than 20% in 2022 That are Great Buys This Month

Society’s dependency on technology has grown massively over the past few years, and the increasing adoption of advanced technologies is expected to continue driving the industry’s growth. Therefore, in the current, volatile market, we think it could be wise to scoop up the shares of tech companies Autodesk (ADSK), SMART…

Benzinga

Analysts Continue To See Sharp Upside In SMART Global Post Q2 Results

Analysts had a mixed take on SMART Global Holdings Inc (NASDAQ:SGH) post Q2 results. Needham analyst Ravindra Gill raised the price target to $45 (89% upside) with a Buy rating following the seventh consecutive beat raise quarter. SGH remains the firm's Top Pick for 2022. SGH's commercial and government customers have already designed and contracted the…

StockNews.com

2 Stellar Small-Cap Semiconductor Stocks to Add to Your Portfolio

Despite current supply chain disruptions and chip shortages due to economic sanctions on Russia, the semiconductor industry is growing quickly on strong demand, increased private and government investments, and the adoption of advanced technologies. Therefore, we think investing in fundamentally strong semiconductor stocks Camtek (CAMT) and SMART Global (SGH) is…

StockNews.com

5 U.S. Semiconductor Stocks to Buy on Biden Push for $50 Billion in Government Subsidies

The U.S. semiconductor industry has been gearing up for an impressive rebound with the continued increase in demand and robust federal investments to ramp up production. Therefore, it could be wise to bet on quality semiconductor stocks Intel (INTC), Micron Technology (MU), ON Semiconductor (ON), Rambus (RMBS), and SMART Global…

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