New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 18, 2014
11:42 EDTMU, AMD, BRCM, TXN, INTCAMD plummets after profit miss, analyst downgrades
Shares of semiconductor manufacturer Advanced Micro Devices (AMD) are sinking after the companyís second quarter profit trailed analystsí consensus estimates. It also received several analyst downgrades. WHAT'S NEW: Last night, Advanced Micro Devices reported second quarter adjusted EPS of 2c and revenue of $1.44B, compared to analystsí consensus estimates of 3c and $1.44B. Q2 gross margin was 35%. WHATíS NOTABLE: For the third quarter, AMD expects revenue to increase 2%, plus or minus 3%, sequentially, compared to consensus of $1.57B. ANALYST REACTION: This morning, analyst commentary was mixed. FBR Capital downgraded AMD to Market Perform from Outperform citing a lack of earnings visibility following the company's weaker than expected Q3 outlook. The firm lowered its price target for the shares to $4.50 from $6. Another firm, BofA/Merrill, also downgraded AMD to Underperform from Neutral. The firm downgraded shares and lowered estimates to reflect weak guidance and lack of visibility. It lowered its price target to $4 from $4.50. Conversely, Wedbush said AMDís fundamentals remain intact. After AMD reported lower than expected Q2 pro forma EPS, Wedbush says that Q2 was the fourth consecutive quarter for which the company demonstrated profitability, tight OpEx controls, and continued product execution. It thinks these trends are significantly positive and kept an Outperform rating on the shares. PRICE ACTION: In late morning trading, AMD fell 81c, or about 17.6%, to $3.77 on nearly three times its average daily trading volume. Including todayís pull back, the stock has lost approximately 19% over the past twelve months. OTHERS TO WATCH: Other companies in the semiconductor space include Intel (INTC), Broadcom (BRCM), Micron Technology (MU), and Texas Instruments (TXN).
News For AMD;INTC;BRCM;MU;TXN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
November 18, 2014
10:55 EDTINTCIntel to host investor meeting
Investor meeting to be held in Santa Clara, CA on November 20 at 11 am. Webcast Link
09:06 EDTINTCIntel to combine two groups in new 'Client Computing' unit, WSJ says
Intel plans to reorganize by combing its groups that handle personal computer chips with those used for smartphones and tablets, according to The Wall Street Journal, citing an email sent to employees by CEO Brian Krzanich. Intelís changes are scheduled to go into effect in early 2015, the report noted. Reference Link
08:13 EDTMUMicron announces CFO Foster to retire in 2015
Subscribe for More Information
07:36 EDTTXNUBS to hold a conference
Global Technology Conference to be held in Sausalito, California on November 18-20 with webcasted company presentations to begin on November 18 at 10:45 am; not all company presentations may be webcasted. Webcast Link
06:08 EDTINTCIntel's 'Mica' bracelet to feature Google alerts, AT&T data plan, Re/code says
Subscribe for More Information
05:58 EDTMUMicron implied volatility of 32 at lower end of index mean range
Subscribe for More Information
05:54 EDTBRCMStocks with implied volatility movement; URBN BRCM
Subscribe for More Information
November 17, 2014
09:36 EDTMUActive equity options trading
Active equity options trading according to Track Data: AAPL PBR BHI GILD MU HD AMZN TSLA YHOO FB TWTR
07:52 EDTAMD, INTCDepartment of Energy awards $425M for supercomputing technologies
Subscribe for More Information
06:08 EDTMUMicron implied volatility of 33 at lower end of index mean range
November 14, 2014
16:52 EDTMUGreenlight Capital gives quarterly update on stakes
Subscribe for More Information
11:14 EDTAMDAMD awarded $32M in research grants for extreme scale computing research
Subscribe for More Information
09:38 EDTAMDJANA Partners gives quarterly update on stakes
NEW STAKES: AMD (AMD), AECOM Technology (ACM), Alibaba (BABA), McDonald's (MCD), Amgen (AMGN), Gaming and Leisure Properties (GLPI), Iron Mountain (IRM), iRobot (IRBT), Seadrill Partners (SDLP), Valeant (VRX). INCREASED STAKES: eBay (EBAY), Charter (CHTR), Groupon (GRPN), HD Supply (HDS), Hertz (HTZ). DECREASED STAKES: Apache (APA). LIQUIDATED STAKES: CBS (CBS), Endo (ENDP), FMC Corporation (FMC), SeaWorld (SEAS), SunEdison (SUNE).
November 13, 2014
12:37 EDTBRCMBroadcom hits 52-week high after Goldman ups to Buy
Subscribe for More Information
10:01 EDTBRCMOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
05:34 EDTBRCMBroadcom upgraded to Buy from Neutral at Goldman
Subscribe for More Information
November 12, 2014
15:08 EDTINTCEarnings Preview: Cisco reports amid analyst debate on break-up potential
Subscribe for More Information
14:08 EDTINTCIntel reports 427.7K share position in Rocket Fuel
Subscribe for More Information
05:51 EDTMUMicron checks show stonger than expected DDR4 demand, says Piper Jaffray
Subscribe for More Information
November 10, 2014
15:16 EDTMUMicron to increase Japan investment to up DRAM output, Nikkei says
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use