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Stock Market & Financial Investment News

News Breaks
May 19, 2014
14:41 EDTTOSYY, SNDK, IMIIntermolecular surges after SanDisk, Toshiba license memory IP
Shares of semiconductor and clean-energy technology company Intermolecular (IMI) are on the rise after the company announced that SanDisk (SNDK) and Toshiba (TOSYY) have jointly elected to take an exclusive license to Intermolecular's developed intellectual property, or IP. WHAT'S NEW: Intermolecular announced that SanDisk and Toshiba have jointly elected to take an exclusive license, in a limited field, to Intermolecular's rights in the IP developed under a collaborative development program, as well as Intermolecular's background intellectual property. The related technologies have been developed for next-generation memory. The companies' CDP with Intermolecular, specifically targeted at developing certain memory products, materials, processes and device technologies, was concluded on March 15. Under the terms of the exclusive license, SanDisk and Toshiba will prepay non-refundable royalties in quarterly installments over a predetermined period. WHAT'S NOTABLE: On February 27, Intermolecular first reported that development activity related to the collaborative development program agreement with both SanDisk and Toshiba reached a conclusion. The company's CEO Dave Lazovsky said, "The objective of the CDP was to prepare certain memory technology for future production, and we are proud to have worked with SanDisk and Toshiba over the last four years to achieve the goal of our collaboration. We believe that we have helped them develop such memory technology with the potential to be the industry leader in non-volatile memory capability." ANALYST REACTION: Research firm Pacific Crest commented that the strength in Intermolecular shares on the news has been overdone. The firm added that it does not expect the license payments to ramp for 5 years. PRICE ACTION: In afternoon trading, shares of Intermolecular rose 79c, or about 35%, to $3.06.
News For IMI;SNDK;TOSYY From The Last 14 Days
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September 1, 2015
09:41 EDTSNDKDRAM prices likely to continue to fall, says Cleveland Research
Cleveland Research's channel checks indicate PC DRAM pricing is likely to continue to decline on a contract basis to approximately $17 by year end, along with server and mobile pricing. The firm's contacts indicate DRAM demand remains weak with no real indications of a rebound and supply remains in excess. Cleveland remains cautious on Micron and the DRAM market, and sees additional downside to consensus estimates.
04:45 EDTSNDKStocks with implied volatility movement; BABA SNDK
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August 31, 2015
12:09 EDTSNDKSanDisk jumps as buyout rumors resurface
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10:58 EDTSNDKSanDisk September weekly calls active on takeover speculation
SanDisk September 54 and 55.5 weekly calls are active on total call volume of 9K contracts (1K puts) on takeover speculation. September weekly call option implied volatility is at 62, September is at 50, October is at 47; compared to its 52-week range of 24 to 61. Active call volume suggests traders taking positions for upside price movement.
10:54 EDTSNDKOptions with decreasing implied volatility: UVXY VIX SVXY VXX SQQQ SRPT TQQQ ME
10:53 EDTSNDKSanDisk off lows amid takeover speculation
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09:09 EDTTOSYYMP Associates to hold a conference
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09:07 EDTSNDKB. Riley to hold a tour
Silicon Valley Tech Tour travels throughout the Silicon Valley visiting various local tech companies on August 31-September 3.
08:07 EDTSNDKSanDisk unveils data service for VMware vSphere with FlashSoft
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06:18 EDTTOSYYToshiba finds more accounting errors, delays annual results, Reuters reports
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06:15 EDTTOSYYToshiba to sell all shares of Topcon held by the company
Toshiba announces that it has decided to sell all shares of Topcon held by the company and its consolidated subsidiary, Toshiba Insurance Services, in line with its policy of making efficient use of group assets and to improve its balance sheets. With the sale, Topcon will no longer be an affiliate of the company. The sale will be by way of secondary offering, and Nomura and Mizuho, the lead joint underwriters, will purchase the shares for the offering. There is a possibility that part of shares will be sold to overseas investors in overseas markets, mainly in Europe and Asia.
August 26, 2015
07:52 EDTSNDKUBS to hold a tour
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August 21, 2015
06:01 EDTTOSYYABI Research: Portable PC sales to remain flat in 2015, DigiTimes says
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