Boston, MA 02/07/2014 (wallstreetpr) – Atmel Corporation (NASDAQ:ATML) spent the better part of Thursday in the red as the company reported unpopular fourth quarter results. The company turned results which showed that its earnings per share rose to 10 cents, up from 7 cents in the corresponding period a year earlier. Yet even with such growth, it was short of what analysts had estimated by a cent. As if that was not enough, ATML went ahead to register revenue at $353.2 million, a clear 2.3 percent jump over the previous year, yet trailing $357.37 million that analysts expected. The company hailed its microcontroller business which it said showed a robust growth in 2013. And according to the CEO Steve Laub, they are well positioned for 2014 because the company is now endowed by multiple growth drivers tied to their extensive new product launch and improved revenue from ongoing operations. Atmel Corporation (NASDAQ:ATML) ended the previous session down 6.29 percent to $7.68 per share.
EMC Corporation (NYSE:EMC) has been note by TheStreet to have strength in areas such as revenue growth and the same can be seen in earnings per share. Equally impressive in the stock is increase in net income. The company’s revenue growth in the most recent quarter was 10.8 percent since the same quarter one year ago. This was above the industrial average of 4.6 percent. The positive impact of revenue growth has had corresponding positive impact in the company’s EPS. In the most recent quarter, EPS improved by 23.1 percent compared to the corresponding quarter a year ago. Thus, regardless of the fact that EMC Corporation (NYSE:EMC) has had a troubled stock performance, the strengths which it exhibits should be able to outweigh any weaknesses that might be there.
Cisco Systems, Inc. (NASDAQ:CSCO) and Samsung Electronics have inked a cross-licensing agreement according to a statement issued by the companies Wednesday. The move is expected to safeguard against future lawsuit risks related to technology patents. This deal now gives Cisco access to Samsung’s patent portfolio and Samsung also gets the same benefit. The agreement covers existing patents and also captures those to be filed over the next decade. The companies did not disclose the financial details involved in the agreement. Yet it is known that sharing patent has become very popular of late as companies move to eradicate troubles fronted by the so-called patent trolls which are companies that generate their revenue from patent enforcement. Cisco Systems, Inc. (NASDAQ:CSCO) has also joined hands with technology peers Microsoft Corporation (MSFT), Google Inc (GOOG) and Apple Inc (AALP) in asking the Supreme court of U.S. to make it possible for winners of a patent lawsuit to collect legal fee from the losing company in the suit.