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Technology Stocks : Infineon Technologies
IFNNY 39.610.0%Oct 31 9:30 AM EDT

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From: mlkr4/9/2009 12:31:03 PM
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IFX upped by UBS: $1.75 now.. heavy volume!

Infineon Technologies upped to buy at UBS
3:25a ET April 6, 2009 (MarketWatch)
LONDON (MarketWatch) -- German microchip maker Infineon Technologies was upgraded to buy from neutral at UBS, as the broker said a non-dilutive refinancing is looking more likely. "We believe government-backed debt financing is the most likely path," the broker said, as Infineon is often the sole source of chips for automakers. It also believes Infineon will remain a supplier to the next-generation iPhone.
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