MarketBeat | Real-Time Financial News and Analysis

Open Main Menu Open Sidebar

Newport Corp Company Profile (NASDAQ:NEWP)

Consensus Ratings for Newport Corp (NASDAQ:NEWP) (?)
Ratings Breakdown: 1 Sell Rating(s), 3 Hold Rating(s), 1 Buy Rating(s)
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $23.25 (1.13% upside)

Analysts' Ratings History for Newport Corp (NASDAQ:NEWP)
Show:
DateFirmActionRatingPrice TargetActions
5/2/2016B. RileyReiterated RatingNeutral$23.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/6/2016CJS SecuritiesDowngradeMarket Outperform -> Market Perform$23.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/25/2016Noble FinancialDowngradeHold -> SellView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/24/2016Needham & Company LLCDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/23/2016Benchmark Co.Boost Price TargetBuy$22.00 -> $23.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/10/2015Stifel NicolausBoost Price TargetBuy$22.00 -> $24.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 6/27/2014 forward)
Earnings History for Newport Corp (NASDAQ:NEWP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
5/4/2016        
2/23/2016Q415$0.35$0.39$153.65 million$150.50 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/4/2015Q315$0.28$0.31$148.01 million$147.60 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/4/2015Q215$0.26$0.25$157.29 million$148.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/6/2015Q115$0.24$0.36$151.80 million$156.70 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/9/2015Q414$0.26$0.38$155.96 million$158.70 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/29/2014Q314$0.25$0.33$151.50 million$146.30 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/30/2014Q214$0.21$0.34$150.07 million$153.20 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/30/2014Q214$0.18$0.29$145.59 million$146.90 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/12/2014Q114$0.20$0.38$144.76 million$154.20 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/30/2013Q313$0.10$0.31$139.95 million$139.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/31/2013Q2 2013$0.20$0.20$135.18 million$134.23 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/1/2013Q1 2013$0.27$0.16$138.16 million$132.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/20/2013Q4 2012$0.32$0.37$143.42 million$141.60 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/31/2012Q312$0.18$0.35$151.83 million$142.90 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/1/2012$0.19$0.30ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/2/2012$0.20$0.17ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/22/2012$0.34$0.25ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/26/2011$0.32$0.30ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/3/2011$0.37$0.39ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/27/2011$0.28$0.35ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/2/2011$0.35$0.40ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)
Earnings Estimates for Newport Corp (NASDAQ:NEWP)
No earnings estimates for this company have been tracked by MarketBeat.com

Dividend History for Newport Corp (NASDAQ:NEWP)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trading History for Newport Corp (NASDAQ:NEWP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
3/17/2016David J AllenSVPSell8,460$22.91$193,818.60View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/16/2016Jeffrey B CoyneVPSell10,280$22.91$235,514.80View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/15/2016Charles F CargileCFOSell12,850$22.91$294,393.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/15/2015Robert J PhillippyCEOBuy10,000$14.42$144,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/3/2015Peter J SimoneDirectorSell7,500$19.87$149,025.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/17/2015Dennis L WerthSVPSell21,842$20.11$439,242.62View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/13/2015Peter J SimoneDirectorSell5,000$20.24$101,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/12/2015Charles F CargileCFOSell16,250$20.24$328,900.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/12/2015Robert J PhillippyCEOSell66,269$20.28$1,343,935.32View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/10/2015Dennis L WerthSVPSell5,000$20.07$100,350.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/2/2015Laurence D ParsonSVPSell5,000$18.87$94,350.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/29/2014Dennis L WerthSVPSell5,000$18.90$94,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/5/2014Kenneth F PotashnerDirectorSell7,500$18.23$136,725.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/28/2014Peter J SimoneDirectorSell7,500$18.85$141,375.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/5/2014Charles F CargileCFOSell27,551$18.28$503,632.28View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/26/2013Jeffrey CoyneVPSell5,725$18.02$103,164.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/12/2013Charles CargileCFOSell42,582$17.24$734,113.68View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/11/2013Robert PhillippyCEOSell16,707$17.40$290,701.80View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/5/2013Robert PhillippyCEOSell8,073$17.40$140,470.20View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/5/2013Peter J SimoneDirectorSell11,200$16.02$179,424.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/28/2012Gary J SpiegelSVPSell33,719$13.00$438,347.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/24/2012Gary J SpiegelSVPSell38,531$12.82$493,967.42View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)
Latest Headlines for Newport Corp (NASDAQ:NEWP)
DateHeadline
06/23/16 08:06 AMLaser Diode Market by Doping Material, Wavelength, Applications and Forecast Research Report
06/21/16 09:39 AMPHOTO RELEASE--HII Hosts Rep. Steny Hoyer at Newport News Shipbuilding - [at noodls] - NEWPORT NEWS, Va., June 21, 2016 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) hosted Reps. Steny Hoyer, D-Md., and Bobby Scott, D-Va., on Monday for a tour of the company's Newport News ...
06/18/16 09:39 AMNewport Beach firm invests in cannabis multimedia company
06/16/16 04:55 PMPimco plans layoffs as investors continue to pull out - Newport Beach investment giant Pimco plans to lay off about 3% of its workforce as investors have continued to pull their money during the nearly two years since star manager Bill Gross abruptly left the firm. Pimco will let go of 68 workers and offer buyouts to more, according to an internal document...
06/15/16 05:24 PMIncome and Revenues Down Slightly for Newport
06/14/16 10:09 AMPHOTO RELEASE--Michael Lempke to Lead Newport News Shipbuilding’s Energy Programs - [at noodls] - NEWPORT NEWS, Va., June 14, 2016 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced that Michael Lempke has been appointed vice president of energy programs for the company's Newport ...
06/06/16 01:58 PMNewport Exploration Announces Special Dividend - [at noodls] - Vancouver, Canada June 6th, 2016 . Newport Exploration Ltd ('Newport' or 'the Company') is pleased to announce that the Board of Directors has declared a special cash dividend ('the Dividend') of $0.10 ...
06/02/16 05:47 PMOphir Photonics Announces New Helios Laser Power Meter For Measuring High Power Lasers In Industrial Automation Applications - Ophir Photonics Group, a Newport Corporation company celebrating 40 years of excellence as the global leader in precision laser measurement equipment, has announced the Helios, a compact laser power meter for measuring high power lasers in industrial ...
06/02/16 04:15 PMROYALTY UPDATE - [at noodls] - Vancouver, British Columbia, June 2nd, 2016. ... This is an abstract of the original noodl. To continue reading this document, click here for the original version.
05/25/16 01:56 PMLaser technology market research by type and geography analysis 2022 available in new report - The major players in the market include Coherent, Inc. (U.S.), Trumpf Group (Germany), IPG Photonics Corp. (U.S.), ROFIN-SINAR Technologies, Inc. (U.S.), Newport Corp. (U.S.), Jenoptik AG (Germany), Lumentum Holdings, Inc. (U.S.), GSI Group, Inc. (U.S ...
05/19/16 01:41 PMGlobal Laser Processing Systems Market Forecasts to 2022 - Key Players are Coherent, Eurolaser GmbH & Newport Corporation - Research and Markets - DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Laser Processing Systems Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2012 to ...
05/14/16 04:22 PMNewport's Trident Seafoods violates pollution permit - Oregon environmental regulators have fined Trident Seafoods Corp. $14,309 for wastewater violations at its Newport fish meal and surimi factories. Seattle-based Trident Seafoods is the largest seafood company in the United States and among the largest in ...
05/14/16 07:57 AMMirror Mount - Photonics.com - Mirror MountPhotonics.comIRVINE, Calif., May 13, 2016 — Newport Corp. offers the M1-H, a mount for 1-in.-diameter optics designed for OEM applications requiring a stable and compact economic mirror mount. The mount is available with 100 TPI hex adjustment screws and is ...
05/14/16 07:57 AMHaiphong int’l container terminal project launched - Addressing the ground-breaking ceremony, Prime Minister Nguyen Xuan Phuc lauded the Saigon Newport Corporation, the Japanese Molnykit company and the Haiphong international container port company for launching the project as scheduled. He also thanked the ...
05/11/16 07:39 AMMirror Mounts - Photonics.com - Mirror MountsPhotonics.comIRVINE, Calif., May 9, 2016 — Newport Corp.'s SU100W series of low-wavefront-distortion Suprema Mirror Mounts reduce distortion by more than 70 percent compared to standard mounts with set screw retained optics. The mounts have stainless steel bodies ...and more »
05/07/16 08:40 PMNewport Banning Ranch wildlife may not survive encroachment of the Coastal Toady - Against all odds, the animals of the 401-acre Newport Banning Ranch oil fields have endured. Burrowing owls, ospreys, least terns, red foxes, San Diego fairy shrimp and California gnatcatchers have survived decades of drought, oil production and ...
05/07/16 05:58 PMCoastal Commission hearing on Banning Ranch project postponed - A California Coastal Commission hearing scheduled for Thursday on a hotly debated residential, commercial and park development proposed for Newport Beach's Banning Ranch has been postponed. Commission staff had recommended approval of the project with ...
05/05/16 08:09 AMBroadbeam Beamsplitter - Photonics.com - Broadbeam BeamsplitterPhotonics.comMay 2016Newport CorporationRequest Info. IRVINE, Calif., May 4, 2016 — Broadbeam Beamsplitter Newport Corp. has introduced a terahertz-visible broadband beamsplitter. The beam splitter is 2 in. in diameter and made of high quality N-BK7 glass with ...
05/04/16 06:47 AMOphir Announces Photodiode Sensor For Measuring Power Of Laser Bar Code Scanners And Laser Printer Scanners - Ophir Photonics Group, a Newport Corporation company celebrating 40 years of excellence as the global leader in precision laser measurement equipment, has announced the BC20-V1 laser sensor for measuring the power of scanned or intermittent beams.
05/03/16 07:44 AMForm 4 NEWPORT CORP For: Apr 29 Filed by: Werth Dennis L - StreetInsider.com - Form 4 NEWPORT CORP For: Apr 29 Filed by: Werth Dennis LStreetInsider.comOn April 29, 2016, pursuant to the Agreement and Plan of Merger between the issuer, MKS Instruments, Inc. ("MKS") and MKS' wholly owned subsidiary, PSI Equipment, Inc. ("Merger Sub"), dated February 22, 2016 (the "Merger Agreement"), Merger Sub ...and more »
05/03/16 07:44 AMMKS completes acquisition of Newport - "We're excited by the combination of MKS Instruments and Newport Corporation, as it creates a premier supplier of critical components and subsystems for a diverse set of end markets, from semiconductor to life sciences, each with a common need for highly ...
05/03/16 07:44 AMForm 4 NEWPORT CORP For: Apr 29 Filed by: Meintjes Willem A - 1. On April 29, 2016, pursuant to the Agreement and Plan of Merger between the issuer, MKS Instruments, Inc. ("MKS") and MKS' wholly owned subsidiary, PSI Equipment, Inc. ("Merger Sub"), dated February 22, 2016 (the "Merger Agreement"), Merger Sub merged ...
04/30/16 11:51 PMJill Biden connects with crew of submarine Delaware at Newport News Shipbuilding - NEWPORT NEWS — The Navy and Newport News Shipbuilding came together Saturday with second lady Jill Biden to celebrate an early construction milestone for the attack submarine Delaware. The keel-laying ceremony for the Virginia-class boat took place at ...
04/30/16 08:09 AMMKS Instruments Announces Closing of Acquisition of Newport Corporation - Investing News Network (press release) (registration) (blog) - MKS Instruments Announces Closing of Acquisition of Newport CorporationInvesting News Network (press release) (registration) (blog)“We're excited by the combination of MKS Instruments and Newport Corporation, as it creates a premier supplier of critical components and subsystems for a diverse set of end markets, from semiconductor to life sciences, each with a common need for ...and more »
04/30/16 08:09 AMBRIEF-MKS Instruments announces closing of acquisition of Newport Corp - Reuters - BRIEF-MKS Instruments announces closing of acquisition of Newport CorpReutersBRIEF-MKS Instruments announces closing of acquisition of Newport Corp. April 29 MKS Instruments Inc. * MKS Instruments announces closing of acquisition of Newport Corporation Source text for Eikon: Further company coverage: (Bengaluru Newsroom: ...
04/29/16 05:02 PMBRIEF-MKS Instruments announces closing of acquisition of Newport Corp - * MKS Instruments announces closing of acquisition of Newport Corporation Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)
04/29/16 03:35 PMNEWPORT CORP Files SEC form 8-K, Termination of a Material Definitive Agreement, Completion of Acquisition or Disposi -
04/29/16 03:25 PMMKS Instruments Announces Closing of Acquisition of Newport Corporation - [at noodls] - ANDOVER, Mass., April 29, 2016 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of technologies that enable advanced processes and improve productivity, today announced the completion ...
04/28/16 08:19 AMNewport Corporation (NASDAQ:NEWP) Shorts Decreased by 0.09% After Short Covering - The Post - Newport Corporation (NASDAQ:NEWP) Shorts Decreased by 0.09% After Short CoveringThe PostThe stock of Newport Corporation (NASDAQ:NEWP) registered a decrease of 0.09% in short interest. NEWP's total short interest was 666,100 shares in April as published by FINRA. Its down 0.09% from 666,700 shares, reported previously. With 370,000 ...Latest Analyst Ratings For Newport Corporation (NASDAQ:NEWP)Share Trading NewsNewport Stockholders Approve Acquisition Of Newport By MKS InstrumentsPR Newswire (press release)all 4 news articles »
04/28/16 08:19 AMNewport Shareholders Give Nod To $897M MKS Instruments Acquisition - Irvine-based laser and photonics company Newport Corporation said today that its shareholders have approved the acquisition of the company by MKS Instruments. The deal--which had been announced in February--is worth $23.00 per share in cash, or a total of ...
04/27/16 04:49 PMBRIEF-Newport stockholders approve acquisition of company by MKS Instruments - * Newport stockholders approve acquisition of Newport by MKS Instruments Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)
04/27/16 03:27 PMNewport Stockholders Approve Acquisition Of Newport By MKS Instruments - [at noodls] - IRVINE, Calif., April 27, 2016 /PRNewswire/ -- Newport Corporation (NASDAQ: NEWP) (the 'Company'), a worldwide leader in photonics solutions, today announced that all proposals necessary for MKS Instruments, ...
04/27/16 03:11 PM4:11 pm Newport shareholders approves its acquisition by MKS Instruments (MKSI); expects that the transaction will close on April 29 -
04/27/16 02:34 PMPilgrim's Pride Issues Nationwide Chicken Nugget Recall - Patch.com - Patch.comPilgrim's Pride Issues Nationwide Chicken Nugget RecallPatch.comAbout 4.5 million pounds of chicken that may be contaminated with extraneous materials have been recalled from RI and elsewhere. Newport, RI. By Mark Schieldrop (Patch Staff) - April 27, 2016 1:48 pm ET. ShareTweetGoogle PlusRedditEmailComments0.Pilgrim's Pride Recalls 4.5 Million Pounds Of ChickenCBS LocalPilgrim's Pride recalls 4.5 million pounds of chicken productsFood Safety NewsChicken nuggets, patties recalled; they may contain plastic, wood, rubberChicago TribuneNOLA.com -WTVC -The News-Press -Palm Beach Post (blog)all 62 news articles »
04/27/16 09:43 AMMcGraw Hill Financial : Acuity Brands Set to Join the S&P 500; ViaSat to Join S&P MidCap 400; Multi-Color and Opus Bank to Join S&P SmallCap 600 - Apollo Global Management, LLC is acquiring The ADT Corp in a deal expected to be completed on or about that date pending final approvals. -- Opus Bank (NASD: OPB) will replace Newport Corp. (NASD: NEWP) in the S&P SmallCap 600 after the close of trading on ...
04/26/16 09:12 AMNewport Corporation - Photonics.com - Newport CorporationPhotonics.comNewport Corp. offers the HVM-2i, a compact vertical drive kinematic mount for 2-in.-diameter optics. Designed for industrial applications, the mount features a ball-and-wedge drive mechanism that enhances the overall performance of the optical mount by ...
04/26/16 09:12 AMBoston Properties buys big Santa Clara site in changing neighborhood - The publicly traded real estate investment trust just acquired the roughly 15-acre site that's home to Spectra-Physics, a laser-technology subsidiary of Newport Corp. Spectra-Physics leased 140,000 square feet of the 218,366-square-foot...
04/26/16 09:12 AMMKS Instruments Reports Q1 2016 Financial Results - Our pending acquisition of Newport Corporation has passed all necessary regulatory reviews, we successfully secured financing for the acquisition, and subject to approval by the Newport stockholders, we anticipate closing the transaction this Friday.
04/23/16 08:35 AMNewport Corporation (NASDAQ:NEWP) Sellers Covered 0.09% of Their Shorts - CCH Daily News - Newport Corporation (NASDAQ:NEWP) Sellers Covered 0.09% of Their ShortsCCH Daily NewsThe stock of Newport Corporation (NASDAQ:NEWP) registered a decrease of 0.09% in short interest. NEWP's total short interest was 666,100 shares in April as published by FINRA. Its down 0.09% from 666,700 shares, reported previously. With 370,000 ...
04/22/16 08:51 PMBanning Ranch development foes protest at Land Trust event - A group of people opposed to a plan to develop part of Banning Ranch in Newport Beach protested near an April 16 event in Costa Mesa organized by the Newport Banning Land Trust. The Land Trust, which serves as a steward for more than 230 acres of the ...
04/21/16 02:51 PMNewport Beach Film Festival to Showcase an Exclusive Screening of British Cinema -
04/20/16 09:39 AMVietnam, South Africa boost sea logistics cooperation - President of Saigon Newport Corporation (SNP) Nguyen Dang Nghiem told the forum about SNP’s development and international cooperation strategies and showed a strong determination to foster cooperation with foreign partners, including South African ...
04/15/16 04:29 PMNEWPORT CORP Files SEC form 8-K, Other Events -
03/11/16 12:23 PMSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Newport Corp. of a Class Action Challenging the Fairness of the Sale of the Company to MKS Instruments, Inc.-- NEWP - [GlobeNewswire] - NEW YORK, March 11, 2016-- The following statement is being issued by Levi& Korsinsky, LLP:. To: All Persons or Entities who purchased Newport Corp. stock prior to February 23, 2016. You are hereby notified ...
03/09/16 12:57 PMINVESTOR ALERT: The Law Offices of Vincent Wong Launches an Investigation of the Board of Directors of Newport Corp. Concerning the Sale of the Company to MKS Instruments, Inc. - NEWP - [PR Newswire] - NEW YORK, March 9, 2016 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Newport Corp. (NASDAQ: NEWP) ("Newport" or "the ...
03/09/16 12:04 PMNEWPORT CORP Financials -
03/09/16 09:41 AMLifshitz & Miller Law Firm Announces Investigation of API Technologies Corp., Apollo Education Group, Inc., Checkpoint Systems, Inc., ITC Holdings Corp., National Interstate Corporation, Newport Corporation, Talmer Bancorp, Inc. and Tumi Ho - [PR Newswire] - NEW YORK, March 9, 2016 /PRNewswire/ -- API Technologies Corp. (ATNY) Lifshitz & Miller announces investigation into possible breaches of fiduciary duties by the board in connection with the proposed ...
03/08/16 03:15 PMINVESTOR ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Newport Corporation and Encourages Investors to Contact the Firm for Additional Information - [Business Wire] - The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Newport Corporation relating to the proposed buyout of the Company by MKS Instruments, Inc., in a transaction valued at approximately $980 million.
03/04/16 08:45 PMSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Newport Corp. - [Business Wire] - Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Newport Corp. for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to MKS Instruments, Inc.
03/02/16 08:05 PMSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Newport Corp. -NEWP - [PR Newswire] - BALA CYNWYD, Pa., March 2, 2016 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Newport Corp. ("Newport" or "the Company") (Nasdaq- NEWP-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to MKS Instruments, Inc. ("MKS"). Under the terms of the transaction, Newport shareholders will receive only $23.00 in cash for each share of Newport stock they own. The investigation concerns whether the Board of Newport breached their fiduciary duties to shareholders and whether MKS is underpaying for the Company.
About Newport Corp

Newport Corp logoNewport Corporation is a supplier of advanced technology products and systems. The Company operates in three business segments: Photonics Group, Lasers Group and Optics Group. The Company's Photonics Group's products and systems include photonics instruments and systems, vibration isolation systems and subsystems, precision positioning systems and subsystems, optical components for research applications, optical hardware, and three-dimensional non-contact measurement sensors and equipment. The lasers and laser-based systems include ultrafast lasers and amplifiers, diode-pumped solid-state lasers, high-energy pulsed lasers, tunable lasers, fiber lasers and gas lasers. In addition, the Company develops laser and laser system designs for product and technology roadmaps. The Company's Optics Group offers precision optics and lens assemblies, thin-film filters and coatings, replicated mirrors and ruled and holographic diffraction gratings.

Industry, Sector and Symbol:
  • Sector: Technology
  • Industry: Scientific & Technical Instruments
  • Sub-Industry: Electronic Equipment & Instruments
  • Exchange: NASDAQ
  • Symbol: NEWP
  • CUSIP: 65182410
Key Metrics:
  • Previous Close: $22.99
  • 50 Day Moving Average: $22.96
  • 200 Day Moving Average: $18.00
  • P/E Ratio: N/A
  • P/E Growth: 0.00
  • Market Cap: $N/A
  • Current Quarter EPS Consensus Estimate: $1.54 EPS
Additional Links:
Newport Corp (NASDAQ:NEWP) Chart for Monday, June, 27, 2016


            As Featured by CNBC As Featured by The Wall Street Journal As Featured by MarketWatch As Featured by The Boston Globe As Featured by StockTwits As Featured by Seeking Alpha