NXPI, CLNO, NHPR, EHTH, SUMR - Stock Review From PennyGovernance.com!
3/28/2011 2:57:54 PM
NXP Semiconductors N.V. (NASDAQ:NXPI) announced recently that certain of its shareholders intend to offer in a secondary offering, subject to market and other conditions, approximately 25 million shares of its common stock pursuant to a registration statement filed with the Securities and Exchange Commission in the United States. NXP will not receive any proceeds from the proposed offering. Credit Suisse Securities (USA) LLC, Goldman Sachs & Co., Morgan Stanley & Co. Incorporated, Bank of America and Barclays Capital Inc, were appointed as book runners for this offering.
NXP Semiconductors N.V. provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security and Digital Processing expertise. These innovations are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. A global semiconductor company with operations in more than 30 countries, NXP posted revenue of $4.4 billion in 2010.
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