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Stock Market & Financial Investment News

News Breaks
January 17, 2014
07:34 EDTFIOFusion-io volatility elevated into Q2 and outlook
Fusion-io February call option implied volatility is at 84, March is at 78, June is at 69; compared to its 26-week average of 65 according to Track Data, suggesting larger price movement into the expected release of Q2 results after the market close on January 22.
News For FIO From The Last 14 Days
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July 23, 2014
09:02 EDTFIOSanDisk completes acquisition of Fusion-io
SanDisk Corporation (SNDK), a global leader in flash storage solutions, today announced it has completed the previously announced acquisition of Fusion-io (FIO), a developer of flash-based PCIe hardware and software solutions that enhance application performance in enterprise and hyperscale datacenters. Under the terms of the agreement, SanDisk completed the acquisition for $11.25 per share for the outstanding shares of Fusion-io, and assumed unvested, in-the-money equity awards, for a total aggregate value of approximately $1.1B, net of cash assumed. SanDisk’s third quarter financial results will include the results of Fusion-io from July 23, 2014 through September 28, 2014. SanDisk expects to exclusively use non-captive memory for the Fusion-io business for at least the next several quarters.
July 17, 2014
12:15 EDTFIOSanDisk plummets after Q3 revenue outlook disappoints
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July 16, 2014
17:48 EDTFIOSanDisk says expects to be 'somewhat supply constrained' in 2H14
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13:44 EDTFIOEarnings Preview: Stifel sees SanDisk results, guidance topping expectations
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08:03 EDTFIOSanDisk announces expiration of HSR waiting period for Fusion-io purchase
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