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Shares of Mentor Graphics Corp. climbed Tuesday after a JPMorgan analyst upgraded the software maker's stock, predicting that spending on electronic design automation software will improve next year and Mentor may benefit from this earlier than others.
Software company Mentor Graphics Corp. said Thursday it expects revenue and adjusted income in the third quarter to top Wall Street expectations.
Mentor Graphics Corp., which makes electronics-testing software, on Thursday reported a wider second-quarter loss but adjusted results and sales topped Wall Street expectations by a wide margin.
Electronic design software maker Cadence Design Systems Inc. on Friday withdrew its offer to buy smaller rival Mentor Graphics Corp.
Electronic design software maker Cadence Design Systems Inc. disclosed Tuesday it has offered $16 a share for smaller rival Mentor Graphics Corp., after failing to agree on deal privately for nearly two months.
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