Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced results for the fourth quarter and fiscal year 2014.

Transformation in progress, clear improvement in results, dividend proposal stable at EUR 0.30

New strategy convinces German private investors

Operating performance up after nine months of FY 2014/2015 – current financial year impacted by non-recurring effects

• Strategic portfolio streamlining completed
• Restructuring expenses of approximately € 70 million
• Operating result after nine months improved
• Strong sales and improved result expected for Q4
• Outlook: Basis for target EBITDA margin of at least 8 percent in FY 2015/2016

Actions Semiconductor Co., Ltd. (Nasdaq: ACTS) ("Actions Semiconductor" or "the Company"), one of China's leading fabless semiconductor companies that provides comprehensive portable multimedia and mobile internet system-on-a-chip (SoC) solutions for portable consumer electronics, today reported its financial results for the fourth quarter and year ended December 31, 2014.

Momentum Continues for US Commercial Solar Provider

UPM Board of Directors has approved a new dividend policy according to which the company aims to pay an attractive dividend, 30-40% of the company's annual operating cash flow per share.

Q4 2014 compared with Q4 2013

• Earnings per share excluding special items were EUR 0.32 (0.27), and reported EUR 0.01 (0.06)
• Operating profit excluding special items increased to EUR 230 million, 9.1% of sales (207 million, 8.0% of sales)
• UPM announced a new profit improvement programme, targeting annualised EUR 150 million impact by the end of 2015
• Net debt decreased to the record-low level of EUR 2,401 million (3,040 million)
• The UPM Lappeenranta Biorefinery started commercial production of advanced renewable diesel in January 2015

• Anticipates revenue in the range of $748 to $750 million for fiscal 2014, representing total growth of approximately 54%, including organic revenue growth of 31%, compared to fiscal 2013
• Expects non-GAAP net income in the range of $102 to $105 million for fiscal 2014, or $1.97 to $2.03 per diluted share; and a GAAP net loss in the range of $129 to $116 million, or ($2.58) to ($2.32) per share
• Estimates fiscal 2015 revenue in the range of $940 to $960 million, representing growth of approximately 25% to 28% compared to preliminary fiscal 2014
• Estimates fiscal 2015 non-GAAP net income in the range of $109 million to $118 million or $2.07 to $2.24 per diluted share; and a GAAP net loss in the range of $23 to $10 million, or ($0.45) to ($0.20) per share
• Company plans to invest an additional 2% in operating expenses out of anticipated revenues in 2015 and future periods to help enable growth, maintain market leadership and meet future opportunities

• 4Q14 Reported EPS (including discontinued operations) of $0.76
• Adjusted EPS (non-GAAP, continuing operations) of $0.90
• 4Q14 Net sales grew approximately 1 percent on reported and organic basis to $1.6 billion
• FY14 Reported EPS (including discontinued operations) of $2.60
• Adjusted EPS (non-GAAP, continuing operations) of $3.11
• FY14 Net sales grew approximately 3 percent on reported and organic basis to $6.3 billion
• Expect FY15 Reported EPS of $2.95 to $3.15
• Adjusted EPS (non-GAAP) of $3.20 to $3.40

Propels Monotype into New Markets to Reach Consumers with Personalized, Branded, Mobile Content

• Accelerating into Smart Gateways and Intelligent Access Networks
• Transaction positions Intel to further drive broadband network technologies that enhance connected experiences in the home.
• Lantiq would enable Intel to extend its existing home gateway business into the telecom residential gateway and access network markets, where Lantiq is a leading provider.