buhg1b
17年前
10-Q filed
http://pinksheets.com/edgar/GetFilingHtml?FilingID=5917509
Stock Repurchase Program
On February 12, 2007, MKS’ Board of Directors approved a share repurchase program (the “Program”) for the repurchase of up to $300.0 million of its outstanding stock over the subsequent two years. The repurchases may be made from time to time on the open market or through privately negotiated transactions. The timing and amount of any shares repurchased under the Program will depend on a variety of factors, including the price of our common stock, corporate and regulatory requirements, capital availability, and other market conditions. The Program may be discontinued at any time at the discretion of the Company and its Board of Directors. During the three months ended March 31, 2008, we repurchased 3,469,000 shares of common stock for $65,272,000 for an average price of $18.81 and during the three months ended March 31, 2007, we repurchased 510,000 shares of common stock for $12,875,000 for an average price of $25.24.
buhg1b
17年前
UPDATE 1-RESEARCH ALERT-JPM cuts Cymer, ups MKS Instruments
Fri Apr 18, 2008 8:25am EDT
April 18 (Reuters) - J.P. Morgan Securities downgraded chip equipment maker Cymer Inc (CYMI.O: Quote, Profile, Research) and upgraded rival MKS Instruments Inc (MKSI.O: Quote, Profile, Research) to align its ratings to companies in U.S. chipmaker Applied Materials' (AMAT.O: Quote, Profile, Research) thin film solar and flat panel equipment supply chain.
The brokerage cut its rating on Cymer to "neutral" from "overweight," while raising MKS Instruments to "overweight" from "neutral."
MKS Instruments, whose largest customer is Applied Materials, sells residual gas analyzers that monitor greenhouse gas emissions and analyst Jay Deahna expects this business to double in 2008.
While Deahna believes in the long-term potential and technological leadership of Cymer, he expects the stock to be range bound until a clear recovery of demand and the company demonstrates stable or better four-quarter market share.
Deahna trimmed Cymer's earnings estimate for 2008, citing weak lithography orders in the first quarter.
He expects strong business in thin film solar to drive growth for MKS Instruments, which makes equipment used in producing microchips.
MKS Instruments is a safe solar play as revenue on most solar components is recognized on shipment and not upon meeting certain performance specifications or efficiency requirements of the panel, Deahna said. (Reporting by Bhaswati Mukhopadhyay in Bangalore; Editing by Pratish Narayanan)
http://www.reuters.com/article/marketsNews/idESBNG17732720080418?rpc=44
buhg1b
17年前
MKS Instruments Announces First Quarter 2008 Earnings Conference Call
Thursday April 3, 11:35 am ET
ANDOVER, Mass., April 3, 2008 /PRNewswire-FirstCall/ -- MKS Instruments, Inc. (Nasdaq: MKSI - News), a global provider of technologies that enable advanced processes and improve productivity, today announced that it will release first quarter 2008 financial results prior to market opening on Thursday, April 24, 2008. A conference call with management will be held the same day at 8:30 a.m. (Eastern Time). The call will be broadcast live and available for replay at www.mksinstruments.com. Dial-in numbers are 1-800-240-2430 for domestic callers and 303-262-2130 for international callers. A telephone replay can be accessed for one week at 303-590-3000, pass code 11111743#.
MKS Instruments, Inc. is a global provider of instruments, subsystems and process control solutions that measure, control, power, monitor and analyze critical parameters of advanced manufacturing processes to improve process performance and productivity. Our products are derived from our core competencies in pressure measurement and control, materials delivery, gas composition and analysis, electrostatic charge management, control and information technology, power and reactive gas generation, and vacuum technology. Our primary served markets are manufacturers of capital equipment for semiconductor devices, and for other thin film applications including flat panel displays, solar cells, data storage media, and other advanced coatings. We also leverage our technology in other markets with advanced manufacturing applications including medial equipment, pharmaceutical manufacturing, and energy generation and environmental monitoring.
Source: MKS Instruments
buhg1b
17年前
Dear shareholder:
You are cordially invited to attend the Annual Meeting of Shareholders of MKS Instruments, Inc. to be held on Monday, May 5, 2008, at 10:00 a.m. at the Wyndham Boston Andover Hotel, 123 Old River Road, Andover, Massachusetts 01810.
The enclosed notice of Annual Meeting and proxy statement describe the business to be transacted at the Annual Meeting and provide additional information about us that you should know when voting your shares. The principal business at the Annual Meeting will be to elect Class III Directors and ratify the selection of the independent registered public accounting firm for fiscal 2008.
Whether or not you plan to attend the Annual Meeting, please complete, date, sign and return your Proxy Card promptly in the enclosed envelope, which requires no postage if mailed in the United States. If you attend the Annual Meeting, you may vote in person if you wish, even if you have previously returned your Proxy Card.
On behalf of MKS, I would like to express our appreciation for your continued interest in our company.
Sincerely,
LEO BERLINGHIERI
Chief Executive Officer and President
buhg1b
17年前
ANDOVER, Mass., Feb 12, 2008 /PRNewswire-FirstCall via COMTEX/ -- MKS Instruments, Inc. (Nasdaq: MKSI), a global provider of technologies that enable advanced processes and improve productivity, today announced the appointment of Peter R. Hanley to the Board of Directors effective March 1, 2008 to fill a vacancy. Dr. Hanley retired as Novellus Systems' President and a member of the Office of the CEO in December 2003 and is currently an independent consultant.
John Bertucci, Chairman of the Board, said, "Peter brings in-depth global industry knowledge and the customer perspective to our Board. We are pleased to welcome him and look forward to his contributions as MKS embarks on the next stage of growth."
Dr. Hanley began his career with Novellus in 1992 as Executive Vice President of Sales and Marketing. After retiring as President in 2003, he continued as a part-time employee of Novellus through 2007. Dr. Hanley's independent consulting practice is focused on sales strategies and executive training. Prior to Novellus, he held positions as Vice President and General Manager with both Applied Materials and Varian Associates. He holds a B.S. degree in Mechanical Engineering from Northeastern University and a Ph.D. in Applied Physics from Cornell University.
In a separate action, the Board approved the relocation of MKS' corporate headquarters to 2 Tech Drive, Andover, Mass. from 90 Industrial Way, Wilmington, Mass. MKS is focused on growth opportunities in the solar market and next-generation semiconductor process tools, and the move will provide additional engineering laboratory space for the product group based in Wilmington. The move will be completed on February 19, 2008.
MKS Instruments, Inc. is a global provider of instruments, subsystems and process control solutions that measure, control, power, monitor and analyze critical parameters of advanced manufacturing processes to improve process performance and productivity. Our products are derived from our core competencies in pressure measurement and control, materials delivery, gas composition analysis, electrostatic charge management, control and information technology, power and reactive gas generation, and vacuum technology. Our primary served markets are manufacturers of capital equipment for semiconductor devices, and for other thin film applications including flat panel displays, solar cells, data storage media, and other advanced coatings. We also leverage our technology in other markets with advanced manufacturing applications including medical equipment, pharmaceutical manufacturing, and energy generation and environmental monitoring.
SOURCE MKS Instruments, Inc.