New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 18, 2014
11:07 EDTDRAM, AMDDataram signs agreement with AMD to expand partnership
Dataram (DRAM) announced that it has signed an Agreement with AMD (AMD) to expand its memory manufacturing partnership from just North America to worldwide, excluding Russia, Ukraine, Kazakhstan, Belarus and Cyprus. Orders have already been placed and shipped to Europe and Japan. Dataram will continue the worldwide rollout throughout the year.
News For DRAM;AMD From The Last 14 Days
Check below for free stories on DRAM;AMD the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 18, 2014
16:20 EDTAMDOn The Fly: Closing Wrap
Subscribe for More Information
12:42 EDTAMDOn The Fly: Midday Wrap
Stocks on Wall Street began the session in positive territory and have remained there throughout the morning. The averages moved in a narrow range for most of the opening hour of the session but spurted to higher levels during the second hour. Investors appear to be using yesterday’s sell-off as a buying opportunity, despite the ongoing events in Russia and Israel that largely contributed to yesterday’s action. ECONOMIC EVENTS: The first release of the University of Michigan consumer sentiment index for July fell to 81.3 after ending June with an 82.5 reading. The leading economic indicator index rose 0.3% to 102.2, which was a bit below the forecast for an increase of 0.5%. COMPANY NEWS: Class A shares of Google (GOOGL) advanced over 3% after the search giant reported quarterly revenue that beat expectations last night. Following its report, at least three Wall Street research firms raised their price targets on the stock, while noted tech analyst Collin Gillis of BGC Financial upgraded the stock to Buy from Hold... Dow component General Electric (GE) reported second quarter EPS of 39c, matching the consensus forecast, and revenue that just missed the consensus view of analysts. The company also reported that it is targeting the initial public offering of IPO of Synchrony Financial (SYF), its North American Retail Finance business, for July. In the IPO, Synchrony is offering 125M shares of its common stock, which will be listed on the New York Stock Exchange under the symbol “SYF,” and anticipates that the IPO price of the shares will be between $23.00 and $26.00 per share... Another Dow member, IBM (IBM), fell 0.4% after reporting adjusted Q2 earnings per share and revenue that beat expectations. Afterward, Cantor said it thinks the worst is over for the company and reiterated its Buy rating on the shares, though Societe Generale downgraded IBM to Sell from Hold and Credit Suisse said IBM continues to be driven by less revenue growth and kept its Underperform rating and $160 price target on Big Blue's stock. MAJOR MOVERS: Among the notable gainers was Skyworks (SWKS), which gained 14% after reporting third quarter results and fourth quarter guidance above analyst estimates and seeing no less than five analyst firms raise their price targets on its stock. Also higher was Gentiva Health (GTIV), which rose 14% after it announced that its board unanimously determined to reject the partial tender offer from Kindred Healthcare (KND) to acquire 14.9% of the outstanding shares of Gentiva for a price of $16.00 per share in cash and disclosed that it has received a $17.25 per share, all-cash takeover proposal from a "recognized owner, operator and investor in the sector." After the announcement, shares of Kindred fell 2%. Also lower following their earnings reports were RealPage (RP), which fell over 21%, and Advanced Micro Devices (AMD), which dropped nearly 18%. INDEXES: Near midday, the Dow was up 107.05, or 0.63%, to 17,083.86, the Nasdaq was up 57.98, or 1.33%, to 4,421.43, and the S&P 500 was up 17.04, or 0.87%, to 1,975.16.
11:42 EDTAMDAMD plummets after profit miss, analyst downgrades
Subscribe for More Information
10:48 EDTAMDHigh option volume stocks
Subscribe for More Information
10:03 EDTAMDOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:29 EDTAMDAMD fundamentals still intact, says Wedbush
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 keeps an Outperform rating on the shares.
09:24 EDTAMDOn The Fly: Pre-market Movers
Subscribe for More Information
09:11 EDTAMDAMD downgraded to Market Perform from Outperform at FBR Capital
FBR Capital downgraded AMD to Market Perform citing a lack of earnings visibility following the company's weaker than expected Q3 outlook. The firm lowered its price target for shares to $4.50 from $6. Note shares were also downgraded this morning at BofA/Merrill.
08:14 EDTAMDAMD downgraded at BofA/Merrill
Subscribe for More Information
06:52 EDTAMDAMD downgraded to Underperform from Neutral at BofA/Merrill
Subscribe for More Information
06:12 EDTAMDAMD downgraded to Market Perform from Outperform at FBR Capital
July 17, 2014
18:31 EDTAMDOn The Fly: After Hours Movers
Subscribe for More Information
17:45 EDTAMDAMD shares down 16.4% after missing Q2 EPS consensus estimates
Subscribe for More Information
16:20 EDTAMDAMD sees Q3 revenue up 2%, plus or minus 3% sequentially, consensus $1.57B
Subscribe for More Information
16:18 EDTAMDAMD reports Q2 EPS 2c, consensus 3c
Reports Q2 revenue $1.44B, consensus $1.44B.
15:26 EDTAMDNotable companies reporting after market close
Subscribe for More Information
14:00 EDTAMDAMD July 4.5 straddle priced for 8.5% move into Q2
July 16, 2014
11:29 EDTAMDIntel hits 52-week high after results beat estimates
Subscribe for More Information
July 15, 2014
18:29 EDTAMDOn The Fly: After Hours Movers
UP AFTER EARNINGS: Intel (INTC), up 4.1% after reporting second quarter results... AMD (AMD), up 1.6% after Intel reported quarterly results... Cintas (CTAS), up 1.6% after reporting fourth quarter results and fiscal 2015 guidance. ALSO HIGHER: IBM (IBM), up 1.8% after announcing an enterprise mobile partnership with Apple (AAPL), which is up 1.5%. DOWN AFTER EARNINGS: Yahoo! (YHOO), down 2.3% after reversing direction during the company's second quarter earnings conference call. ALSO LOWER: BlackBerry (BBRY), down 3.4% following IBM and Apple partnership announcement.

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