ASML Holding NV
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Information Technology : Semiconductors & Semiconductor Equipment | Large Cap Growth
Based in Netherlands
Company profile

ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Company's products include systems, and installed base products and services. The Company's principal operations are in the Netherlands, the United States and Asia. The Company offers TWINSCAN systems, equipped with lithography system with a mercury lamp as light source (i-line), Krypton Fluoride (KrF) and Argon Fluoride (ArF) light sources for 300 millimeter processing wafers for manufacturing environments for which imaging at a small resolution is required. TWINSCAN systems also include immersion lithography systems (TWINSCAN immersion systems). The Company also offers NXE systems, which are equipped with extreme ultraviolet (EUV) light source technology. The Company offers YieldStar, a wafer metrology system.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

ADR fees charged by custodial banks normally average from 1 to 3 cents per share. Other country fees might apply. To read more, see the Exception Fees tab at Brokerage Fees

Closing Price
$366.34
Day's Change
-0.40 (-0.11%)
Bid
--
Ask
--
B/A Size
--
Day's High
370.91
Day's Low
359.93
Volume
(Average)
Volume:
912,176

10-day average volume:
933,051
912,176

UPDATE: GE to sell off its Baker Hughes stake over the next 3 years

4:19 pm ET July 29, 2020 (MarketWatch)
Print

General Electric Co. (GE) said Wednesday, as it reported second-quarter results (http://www.marketwatch.com/story/ges-stock-rallies-after-wider-than-expected-loss-but-revenue-and-fcf-beat-forecasts-2020-07-29), that it is launching a program to fully monetize its ownership position in oil services company Baker Hughes Co. (BKR) over about three years. GE disclosed Wednesday that it owned 377.4 million shares of Baker Hughes, which based on Tuesday's stock closing price of $15.87 would be valued at $5.99 billion, and a promissory note. GE has recorded a $1.85 billion gain on its Baker Hughes holdings for the three months ended June 30, but has recorded a loss of $3.87 billion for the six months ended June 30. GE said its monetization plan is designed to allow GE to sell its shares at a price that is approximately the volume-weighted average price of Baker Hughes shares over an extended period of time. The company said it expects to use the proceeds from the sale of share to reduce debt. GE's stock rose 1.7% in premarket trading, after the company reported a wider-than-expected second-quarter loss but revenue and free cash flow that beat expectations. The stock has tumbled 38.3% year to date through Tuesday, while Baker Hughes shares have dropped 38.1% and the Dow Jones Industrial Average has lost 7.6%

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

July 29, 2020 16:19 ET (20:19 GMT)

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