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Stock Market & Financial Investment News

News Breaks
February 15, 2013
09:53 EDTCRAYCray rises after earnings, levels to watch
The shares are up over 7% despite a miss on its Q4 earnings, fueled by higher revenue guidance for Q1. At the current price of $19.35, next resistance is at $19.88. Support is at $19.
News For CRAY From The Last 14 Days
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July 30, 2014
10:00 EDTCRAYOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Aerohive Networks (HIVE) initiated with an Outperform at Pacific Crest... Cray (CRAY) coverage assumed with a Buy at Needham... Netgear (NTGR) initiated with a Sector Perform at Pacific Crest... NextEra Energy Partners (NEP) initiated with a Market Perform at Wells Fargo... Ruckus Wireless (RKUS) initiated with an Outperform at Pacific Crest.
09:08 EDTCRAYCray coverage assumed with a Buy at Needham
Target $37.
July 29, 2014
16:34 EDTCRAYCray sees Q3 revenue about $125M, consensus $156.85M
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16:34 EDTCRAYCray sees 2014 revenue in $600M range, consensus $599.4M
The company said, "For 2014, while a wide range of results remains possible, the Company anticipates revenue to be in the range of $600 million for the year and, as previously indicated, to be heavily weighted to the fourth quarter as has been typical in recent years. Revenue is expected to be about $125 million for the third quarter. Non-GAAP gross margin for 2014 is anticipated to be in the mid-30% range. Total non-GAAP operating expenses for the year are anticipated to be about $175 million. Based on this outlook, the Company expects to be profitable on both a GAAP and non-GAAP basis for 2014."
16:33 EDTCRAYCray reports Q2 EPS (22c), consensus (30c)
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15:53 EDTCRAYNotable companies reporting after market close
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July 16, 2014
05:48 EDTCRAYCray awarded contract to install India's first Cray XC30 Supercomputer
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