Taiwan Semi Q1 wafer shipment may beat market expectations -- Digitimes 11.2: Digitimes reports TSM wafer shipment for the first quarter may grow 8-9% sequentially, which is higher than the 5% market estimate driven by strong orders from communications sector, according to Commercial Times report. Demand from major handset solution vendors like Motorola, Silicon Lab, Qualcomm and Philips has increased. With the robust demand, TSMC's second quarter revenues are believed to grow 15% from the first quarter, the report further indicated.
KLAC upgraded at Moors & Cabot 53.50: Moors & Cabot upgrades KLA-Tencor to Buy from Hold and raises their target to $69 from $55 based on their belief that orders are tracking ahead of plan, booking trends will continue to be strong for most of the year, margins are improving, and the recent decline in the stock has created an attractive entry point.
WSJ : The Wall Street Journal reports that hospitals plan to boost capital spending by 14% annually over the next five years, a new survey shows, a move that could squeeze many hospital systems' already thin profits. According to the article, roughly three-quarters of the 460 U.S. hospitals surveyed said they expected to increase capital investment over the next several years. After years of little or no capital investment increases, hospitals say they have no choice but to spend more now on buying new technologies, such as computerized physician order-entry systems, and expanding emergency and operating room space. The survey was conducted by the Health Financial Management Association, an association of health-care financial executives, with GE Healthcare Financial Services, a unit of General Electric Co. that provides financing for medical investments.
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