Research Desk Line-up: Xcerra Post Earnings Coverage

LONDON, UK / ACCESSWIRE / September 14, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for ASML Holding N.V. (NASDAQ: ASML), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=ASML. The Company announced on September 12, 2017, that its Executive Vice President and Chief Financial Officer (CFO), Wolfgang Nickl, 48, will leave the Company effective on April 25, 2018. He has accepted the position of CFO at German-based life science company Bayer AG, and will succeed Johannes Dietsch, 55, on June 01, 2018. For immediate access to our complimentary reports, including today's coverage, register for free now at:

http://protraderdaily.com/register/

Discover more of our free reports coverage from other companies within the Semiconductor Equipment & Materials industry. Pro-TD has currently selected Xcerra Corporation (NASDAQ: XCRA) for due-diligence and potential coverage as the Company announced on August 30, 2017, its financial results for Q4 FY17 and FY17 which ended on July 31, 2017. Tune in to our site to register for a free membership, and be among the early birds that get our report on Xcerra when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on ASML; also brushing on XCRA. Go directly to your stock of interest and access today's free coverage at:

http://protraderdaily.com/optin/?symbol=ASML

http://protraderdaily.com/optin/?symbol=XCRA

ASML Appreciates Wolfgang's Contribution to its Growth & Development

Peter Wennink, President and Chief Executive Officer (CEO) of ASML, expressed that the Company highly appreciates Wolfgang's contribution to ASML's growth and development over recent years, and it looked forward to many more years of working together. Yet, it has to also be acknowledged that Bayer offered Wolfgang a significant opportunity. Peter further added that together with Wolfgang, the Company will arrange for a smooth transition of his responsibilities over the coming months and secure uninterrupted execution of its strategy to reach stated targets for ASML's stakeholders.

Bayer Pleased to Have Found a Successful Manager

Commenting on Wolfgang's appointment, Werner Wenning, Chairman of the Supervisory Board of Bayer, mentioned that the Company is pleased to have found a successful manager with a proven track record in the field of finance and many years of experience abroad. Werner wished Wolfgang every success in his new role.

Wolfgang's Professional Background

Wolfgang Nickl joined ASML In December 2013, as Executive Vice President and CFO, and was appointed as a member of ASML's Board of Management after notification of the general meeting of shareholders held on April 23, 2014.

  • In 1992, Wolfgang acquired his first professional experience as a consultant and controller for German IT service provider, SerCon.
  • In 1995, he joined Western Digital Corp., San José, California, a leading manufacturer of hard disk drives and other data storage products. Wolfgang's first roles at this company were as Business Planning Manager in the Netherlands and then as Director Business Solutions in the United States. He also led the Company's market analysis and competitive intelligence groups.
  • In 2000, Wolfgang was appointed CFO at the IT company, Converge, in the United States. Two years later, he returned to Western Digital where he held a number of finance positions with increasing responsibility.
  • Wolfgang also headed World Business Operations at Converge for a number of years before being promoted to CFO in 2010.
  • Prior to joining Western Digital, Wolfgang worked at IBM Global Services as a consultant for SAP costing and finance applications.

Wolfgang's Educational Background

Wolfgang Nickl completed a Bachelor of Business Administration (BBA) at the University of Cooperative Education, Stuttgart, in 1992 and obtained a Master of Business Administration (MBA) from the Marshall School of Business at the University of Southern California in Los Angeles, United States, in 2005. Born on May 09, 1969, Wolfgang Nickl is a native from Baden-Wuerttemberg, Germany.

About ASML Holding N.V.

Founded in 1984, ASML is one of the world's leading manufacturers of chip-making equipment. The Company develops, produces, markets, sells, and services advanced semiconductor equipment systems. Its vision is to enable affordable microelectronics that improves the quality of life. ASML is headquartered in Veldhoven, Netherlands.

About Bayer AG

Established in 1863, Bayer is a German multinational chemical, pharmaceutical, and life sciences Company, with a more than 150-year history and core competencies in the areas of health care and agriculture. The Company is headquartered in Leverkusen, Germany. In the fiscal year 2016, the Group employed around 115,200 people and had sales of EUR 46.8 billion.

Last Close Stock Review

ASML Holding's share price finished yesterday's trading session at $160.07, marginally down 0.79%. A total volume of 613.94 thousand shares have exchanged hands. The Company's stock price skyrocketed 22.99% in the last three months, 26.97% in the past six months, and 57.33% in the previous twelve months. Additionally, the stock soared 42.66% since the start of the year. Shares of the Company have a PE ratio of 31.15 and have a dividend yield of 0.79%. The stock currently has a market cap of $68.63 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily