GT Advanced Technologies Inc. (NASDAQ:GTAT) Bankruptcy Hearing Postponed To October 21, 2014

Boston, MA 10/16/2014 (wallstreetpr) – GT Advanced Technologies Inc. (NASDAQ:GTAT) push to close down business after filing for bankruptcy is set to take longer than initially thought as a hearing on the same has been pushed to the 21st of October. A number of creditors as well as Apple Inc. (NASDAQ:AAPL) have already agreed to […]

GT Advanced Technologies Inc (NASDAQ:GTAT) Delays Hearing on Sealed Documents

Boston, MA 10/15/2014 (wallstreetpr) –   According to reports, a hearing on GT Advanced Technologies Inc (NASDAQ:GTAT)‘s sealed documents case has been delayed. As per the information, GTAT registered a bid to close down synthetic-sapphire operations with immediate effect, but it did not disclose any detail about its bankruptcy. A hearing on this case was supposed […]

The U.S Trustee Demands Transparency From GT Advanced Technologies Inc (NASDAQ:GTAT) Behind Bankruptcy

Boston, MA 10/15/2014 (wallstreetpr) – The U.S. watchdogs have asked GT Advanced Technologies Inc (NASDAQ:GTAT) to come clean over the reason of its filed bankruptcy. The company lately known for its agreement with Apple Inc. (NASDAQ:AAPL), gave a shock to investors earlier this month by its Chapter 11 filing. The bankruptcy filing was quiet on reasons […]

Top Losers: Advanced Technologies Inc (NASDAQ:GTAT); Procera Networks Inc (NASDAQ:PKT); Sizmek Inc (NASDAQ:SZMK)

Boston, MA 10/13/2014 (wallstreetpr) – The Wall Street Journal reported over the weekend that Advanced Technologies Inc (NASDAQ:GTAT) has informed the U.S. Bankruptcy Court in New Hampshire that it has decided to close it’s under construction Sapphire plant in Arizona and its other plant in Massachusetts. It has let the court know that the “Oppressive […]

GT Advanced Technologies Inc (NASDAQ:GTAT) Moves To Bankruptcy Court To Shut Down Facility

Boston, MA 10/10/2014 (wallstreetpr) – GT Advanced Technologies Inc (NASDAQ:GTAT), the supplier of sapphire to Apple Inc. (NASDAQ:AAPL), revealed that it filed an application to shut down the facility in a U.S. court. Court Filing As disclosed in an article, GT filed a request in a U.S. bankruptcy court to shut down its facility earlier […]

Stock Update: GT Advanced Technologies Inc (NASDAQ:GTAT), Kindred Healthcare, Inc. (NYSE:KND), Rentrak (NASDAQ:RENT)

Boston, MA 10/10/2014 (wallstreetpr) – Bloomberg has reported that troubled sapphire glass maker GT Advanced Technologies Inc (NASDAQ:GTAT) has been asked to file its motion seeking approval from the court to wind down its manufacturing plant immediately by the U.S. Bankruptcy court. Judge Henry Boroff of the U.S. Bankruptcy Court has set October 15th as […]

What Apple Inc. (NASDAQ:AAPL) Thinks About GT Advanced Technologies Inc (NASDAQ:GTAT) Bankruptcy Filing?

Boston, MA 10/09/2014 (wallstreetpr) – Apple Inc. (NASDAQ:AAPL) said on Wednesday that the news of GT Advanced Technologies Inc (NASDAQ:GTAT) bankruptcy filing comes as a real surprise. Apple will now plan out is plans accordingly. As of now, Apple is helping GT Advanced in the bankroll process as it procures the sapphire displays from GT […]

Active Stocks: Trio-Tech International (NYSEMKT:TRT), GT Advanced Technologies Inc (NASDAQ:GTAT), Northwest Biotherapeutics Inc (NASDAQ:NWBO)

Boston, MA 10/09/2014 (wallstreetpr) – On 8th October, Trio-Tech International (NYSEMKT:TRT) announced results from its fourth quarter and year ending operations for fiscal year 2014. It reported a 10.2 percent increase in its revenue for the quarter, as against 4Q13 compare. 4Q14 revenue came in at $9.38 million. For FY14, revenue came in at $36.2 […]

GT Advanced Technologies Inc (NASDAQ:GTAT) Bankruptcy Unlikely to Affect Apple Watch

Boston, MA 10/08/2014 (wallstreetpr) – According to a report by Ming-Chi Kuo of KGI Securities, GT Advanced Technologies Inc (NASDAQ:GTAT)‘s recent bankruptcy issue does not look like it will affect the upcoming Apple Inc. (NASDAQ:AAPL) iWatch. However, use of sapphire displays in iPhones in the future can be under problem if things don’t improve soon. […]

Top Gainers: GT Advanced Technologies Inc (NASDAQ:GTAT); IFM Investments Limited (ADR) (NYSE:CTC); IsoRay, Inc. (NYSEMKT:ISR)

Boston, MA 10/08/2014 (wallstreetpr) – Artificial sapphire glass manufacturer GT Advanced Technologies Inc (NASDAQ:GTAT) is all set to pled its case for bankruptcy protection on 9th October. The case will come up for hearing in front of the U.S. bankruptcy court based in Manchester, New Hampshire. The Wall Street Journal had first reported the news […]

GT Advanced Technologies Inc (NASDAQ:GTAT) Spikes Up By 63% After Seeking Bankruptcy Protection

Boston, MA 10/07/2014 (wallstreetpr) – GT Advanced Technologies Inc (NASDAQ:GTAT) which came into global prominence as the supplier of much sought after sapphire glass used by Apple Inc. (NASDAQ:AAPL) on its iPhone home button filed for bankruptcy earlier today. On the back of the news becoming public, the investors trooped into the stock leading to […]

Top Losers: GT Advanced Technologies Inc (NASDAQ:GTAT), Globalstar, Inc. (NYSEMKT:GSAT), Midcoast Energy Partners LP (NYSE:MEP)

Boston, MA 10/07/2014 (wallstreetpr) – The Wall Street Journal first broke the news that cellular equipment and OEM GT Advanced Technologies Inc (NASDAQ:GTAT) had filed for Bankruptcy Protection yesterday. The company had first come into public attention as the supplier of the much sought after Sapphire glass used by iPhone and tablet maker Apple Inc. […]

GT Advanced Technologies Inc. (NASDAQ:GTAT) Surging on possible Saphire Glass Demand from Apple Inc. (NASDAQ:AAPL)

Boston, MA 08/20/2014 (wallstreetpr) – GT Advanced Technologies Inc. (NASDAQ:GTAT)‘s stock was up in Tuesday trading session after reports emerged that the much awaited Apple Inc. (NASDAQ:AAPL)’s iPhone 6 might go into large scale production this month. The news caused the company’s stock to surge in the market by 0.93% consequently closing the day at […]

GT Advanced Technologies Inc. (NASDAQ:GTAT) counts on Silicon Equipment

Boston, MA 08/06/2014 (wallstreetpr) – GT Advanced Technologies Inc. (NASDAQ:GTAT) has struck a deal with Apple Inc. (NASDAQ:AAPL) to supply its sapphire suite of products to the smartphone maker. Apple and GT Advanced would partner at an Arizona base to develop sapphire products that would support Apple’s popular electronic devices. Sapphire glass is nearly unbreakable and […]

GT Advanced Technologies Inc (NASDAQ:GTAT) Expects 2H To Benefit From Product Mix And Gross Margin

Boston, MA 08/05/2014 (wallstreetpr) – Diversified technology company with crystal growth equipment GT Advanced Technologies Inc (NASDAQ:GTAT) believes that its performance in the second half of the current year will be driven by product mix and favorable gross margins. In turn, they will yield better profits for the company in the year 2014. The company disclosed […]