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Stock Market & Financial Investment News

News Breaks
June 16, 2014
09:15 EDTSNDK, FIOFusion-io volatility expected to move on SanDisk acquiring for $1.1B
Fusion-io (FIO) volatility is expected to move on SanDisk Corporation (SNDK) acquiring for $11.25 per share in cash. Overall option implied volatility of 54 is below its 26-week average of 58 according to Track Data, suggesting decreasing price movement.
News For FIO;SNDK From The Last 14 Days
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May 21, 2015
16:14 EDTSNDKSanDisk initiated with a Neutral at Mizuho
Target $74.
May 19, 2015
11:16 EDTSNDKSanDisk sees completing headcount reductions by end of this quarter
11:06 EDTSNDKSanDisk says in Q2 to date repurchased $100M in shares
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10:57 EDTSNDKSanDisk targets 2016 for return to enterprise revenue growth
10:56 EDTSNDKSanDisk sees enterprise revenue contracting sequentially in Q2
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10:49 EDTSNDKSanDisk rallies while presenting at conference
Shares of SanDisk (SNDK) are moving higher while the company is presenting at the J.P. Morgan Global Technology, Media and Telecom Conference. During its presentation, SanDisk management said that 15 nanometer technology is ramping to plan and that it expects "strong" sequential revenue growth in the second half of the year. Shares of SanDisk are up 1.7% to $68.66 in morning trading.
10:46 EDTSNDKSanDisk sees strong sequential revenue growth in 2H
Sees successful completion of embedded qualifications.
10:43 EDTSNDKSanDisk says 15 nanometer technology ramping to plan
Comments from J.P. Morgan Global Technology, Media and Telecom Conference.
May 18, 2015
10:02 EDTSNDKNAND pricing tracking ahead of expectations, says JPMorgan
JPMorgan said the NAND market is picking up and pricing is tracking ahead of expectations due to restocking momentum. The firm expects NAND market traction heading into 2H driven by new smartphone launches and a recovery in the PC market. Note SanDisk is leveraged to NAND.
May 13, 2015
10:08 EDTSNDKRumor: SanDisk strength attributed to renewed takeover speculation
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