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Madison Asset Management LLC decreased its stake in shares of STMicroelectronics (NYSE:STM – Free Report) by 6.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,769 shares of the semiconductor producer’s stock after selling 3,643 shares during the period. […]
StockNews.com upgraded shares of STMicroelectronics (NYSE:STM – Free Report) from a hold rating to a buy rating in a report issued on Monday. STM has been the topic of several other reports. Susquehanna reiterated a positive rating and issued a $55.00 target price on shares of STMicroelectronics in a research note on Monday, April 8th. […]
The European Commission on Friday approved Italian state aid measures worth 2 billion euros to support chipmaker STMicroelectronics set up a new semiconductor manufacturing facility in Catania,...
CATANIA, Italy (Reuters) -The European Commission on Friday approved Italian state aid for chipmaker STMicroelectronics to build a 5 billion euro ($5.4 billion) plant in Catania, Sicily, to make specialist microchips that boost energy efficiency in electric cars.
The European Commission on Friday approved Italian state aid for chipmaker STMicroelectronics to build a 5 billion euro plant in Catania, Sicily, to make specialist microchips that...