Financial News Discussion of AMAT - Applied Materials, Incorporated on Closing Bell

Financial News for Applied Materials, Incorporated (AMAT)

AMAT 2/9/2010 1:02PM 52 Week Price Range Market Capitalization Dividend Yield Recent Dividend
$12.19 $8.45 — $14.94 $16.2 Billion 2.00% $0.24

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Applied Materials, Inc. was discussed on Closing Bell which was originally produced by CNBC on 11/11/2009
There was a discussion about Applied Materials, Incorporated on Closing Bell and RazorWire has captured an important portion of the story below.

AMAT has been one of the most active stocks in the news today, so investors in it will want to pay attention to whats happening.

So employment will be very important as we move through this recovery. >> we will leave it there, great conversations. Chris johnson, scott richter. Thanks for joining us. We have APPLIED MATERIALS out with its fourth quarter earnings and we have 3com and hewlett-packard halted on news pending. Let's get to jim goldman and the AMAT news. >> we are continuing to wait on details for hewlett-packard and 3com, but just as an aside, I should tell you that there's been a lot of speculation about hp getting into the mobile wireless world with some kind of new handheld device, possibly a some kind. So if these two halts are related, it could be along those we are waiting to see. Significant for both companies. Let's get to the AMAT news because you see the stock reacting in rather nicely, 3% on this news. APPLIED MATERIALS just absolutely blowing through all forecasts here. The company reporting 11 cents a share against the 3 cents that wall street was anticipating on much better than expected revenue as well. $1.35 billion against the $1.317 or $1.32 billion consensus. Look at the new orders as well,

“ hewlett-packard halted on news pending. Let's get to jim goldman and the AMAT news.
we are continuing to wait on details for hewlett-packard and 3com, but just as an aside, I should tell you that there's been a lot of speculation about hp getting into the mobile wireless world with some kind of new handheld device, possibly a some kind. So if these two halts are related, it could be along those we are waiting to see. Significant for both companies. Let's get to the AMAT news because you see the stock reacting in rather nicely, 3% on this news. APPLIED MATERIALS just absolutely blowing through all forecasts here. The company reporting 11 cents a share against the 3 cents that wall street was anticipating on much better than expected revenue as well. $1.35 billion against the $1.317 or $1.32 billion consensus. Look at the new orders as well, ”
Closing Bell Nov 11, 2009 4:08 PM
Some important items we've observed: