New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 18, 2012
06:19 EDTTXN, MU, SNE, TOSBF, AMD, INTCGlobal chip revenues rise 1.8% in 2011, Digitimes reports
Worldwide semiconductor revenues hist $306.8B in 2011, up 1.8% from 2010, according to Gartner and reported in Digitimes. Reference Link
News For INTC;TOSBF;MU;AMD;SNE;TXN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 >>
October 1, 2015
15:00 EDTMUNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Micron (MU), consensus 33c... Progress Software (PRGS), consensus 37c... CalAmp (CAMP), consensus 26c.
12:44 EDTTXNApple chip suppliers fall after report iPhone maker may lower chip orders
Shares of chip makers for Apple's (AAPL) iPhone are sliding after a DigiTimes article said the iPhone maker may curtail its chip orders for the fourth quarter. WHAT'S NEW: According to the DigiTimes report, Apple may be adjusting its chip orders lower for Q4. Sources said that a substantial integrated circuit supplier is saying that Apple has "slightly lowered lowered its demand for supplies for the new iPhones for December," the report said. The sources said that overall shipments of the iPhone 6s series are expected to reach 75M-80M units in the third quarter and 65M-70M units in Q4. WHAT'S NOTABLE: On September 28, Apple announced it has sold more than 13M new iPhone 6s and iPhone 6s Plus models just three days after launch, a new record for the company. According to an iFixit report from September 25, a teardown of the new iPhone 6S Plus revealed components supplied by Qualcomm (QCOM), Skyworks (SWKS), Qorvo (QRVO), Avago (AVGO), NXP Semiconductors (NXPI), Cirrus Logic (CRUS) and Texas Instruments (TXN), among others. Other chip makers that have been mentioned as possible Apple suppliers in the past include Analog Devices (ADI), Maxim Integrated Products. (MXIM) and ON Semiconductor (ON). PRICE ACTION: In midday trading shares of the aforementioned chip makers are all lower with Qorvo, Avago, NXP and Analog Devices down approximately 4% to 5%. Apple is down about 1.4%.
09:35 EDTMUActive equity options trading on open
Subscribe for More Information
09:06 EDTTOSBFToshiba's Westinghouse Electric acquires Multibus I product line
Subscribe for More Information
07:39 EDTTOSBF30 more Toshiba execs identified in accounting scandal, Bloomberg says
Toshiba has identified 30 additional executives linked to an accounting scandal that has already resulted in the resignations of three former presidents and reduced the reported profit by roughly $1.3B, Bloomberg reports. The managers will be punished, but remain with the company, the report says. Reference Link
06:32 EDTTOSBFToshiba may cut jobs in TV, PC businesses, Reuters reports
Subscribe for More Information
06:30 EDTTOSBFNew Toshiba CEO Muromachi expects to leave within 3 years, WSJ says
Newly appointed Toshiba CEO Masashi Muromachi said that he anticipates leaving the position within the next three years, the Wall Street Journal reports. "It's hard to imagine I would remain in the position for three years or more," Muromachi told reporters. Reference Link
September 30, 2015
16:43 EDTSNEInterDigital expands Convida Wireless research scope with Sony
Subscribe for More Information
16:00 EDTINTC, MUOptions Update; September 30, 2015
Subscribe for More Information
10:49 EDTMU, INTCWestern Digital surges on $3.78B investment from China's Unisplendour
Shares of Western Digital (WDC) surged in morning trading after the company said it Unisplendour will take a 15% stake in the U.S. data storage company. WHAT'S NEW: Western Digital and Unisplendour, a unit of China's Tsinghua Holdings, said they entered into a pact under which a Unis subsidiary will invest $3.78B in Western Digital, the companies said. Under the terms of the agreement, Unis will buy the shares at $92.50 each. Unisplendour will own 15% of Western Digital's outstanding shares after the purchase, and have the right to nominate one representative to Western Digital's board of directors, a right that terminates if Unis' ownership falls below 10%. Unis also agreed not to sell any of its Western Digital shares for five years. WHAT'S NOTABLE: In July, the Wall Street Journal reported that Tsinghua Unigroup, which is majority-owned Tsinghua Holdings, offered to buy Micron Technology (MU) for $23B. After several talks and meetings over the matter, Reuters reported on August 28 that Zhao Weiguo, chairman of Tsinghua Unigroup, met with Micron in an attempt to revive takeover talks, but a deal did not come to fruition. Tsinghua Holdings chairman Jinghong Xu said that his company was open to a partnership with Micron if an acquisition deal could not be reached, dealReporter said. Separately, in May, Hewlett-Packard (HPQ) announced that it would sell a 51% stake in its H3C business to Unisplendour for roughly $2.3B. PRICE ACTION: In morning trading, Western Digital shares are up 16.06% to $79.91. OTHERS TO WATCH: Micron, which reports quarterly earnings on Thursday, is up 5.25% to $15.10, HP is up 2.56% to $25.28, SanDisk (SNDK) is up 9.2% to $53.63, Intel (INTC) is up 3.56% to $30.28, and Seagate (STX) is up 5.5% to $44.10.
09:59 EDTMU, INTCActive equity options trading on open
Subscribe for More Information
08:04 EDTMUMicron October weekly volatility elevated into Q4 and outlook
Micron October weekly call option implied volatility is at 133, October is at 76, November is at 75; compared to its 52-week range of 28 to 73, suggesting large near term price movement into the expected release of Q4 results on October 1.
September 29, 2015
12:29 EDTSNEGoogle announces Nexus 6P smartphone
The Nexus 6P features an all-metal body and a 5.7-inch AMOLED display. The phone is manufactured in cooperation with Huawei, and includes a USB-C port that can charge the device twice as fast as an Apple (AAPL) iPhone 6 Plus, according to Google (GOOG). The 6P uses a 12.3 megapixel rear-facing Sony (SNE) camera, as well as a 5 megapixel front-facing camera. The phone also includes Nexus Imprint, an advanced fingerprint authentication technology. Google executives are speaking at the company's Nexus 2015 event.
11:26 EDTMUStocks with call strike movement; MU TSLA
Micron (MU) January 17 call option implied volatility decreased 3% to 55, Tesla (TSLA) December 280 call option implied volatility increased 2% to 44 according to iVolatility.
10:00 EDTMUOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Apache (APA) upgraded to Overweight from Neutral at Simmons... Autoliv (ALV) upgraded to Neutral from Sell at Goldman... Bristol-Myers (BMY) upgraded to Buy from Neutral at UBS... Bunge (BG) upgraded to Outperform from Market Perform at BMO Capital... Cerner (CERN) upgraded to Outperform from Sector Perform at RBC Capital... Continental AG (CTTAY) upgraded to Conviction Buy from Buy at Goldman... Digital Realty (DLR) upgraded to Overweight from Sector Weight at KeyBanc... FTD Companies (FTD) upgraded to Buy from Neutral at Sidoti... Intermolecular (IMI) upgraded to Outperform from Market Perform at Northland... Johnson & Johnson (JNJ) upgraded to Buy from Hold at Deutsche Bank... LDR Holding (LDRH) upgraded to Outperform from Market Perform at Northland... Lincoln National (LNC) upgraded to Overweight from Neutral at Piper Jaffray... McDonald's (MCD) upgraded to Outperform from Neutral at Credit Suisse... Micron (MU) upgraded to Outperform from Market Perform at Wells Fargo... Nautilus (NLS) upgraded to Buy from Neutral at B. Riley... Nevsun Resources (NSU) upgraded to Outperform from Sector Perform at Scotia... Nexstar (NXST) upgraded to Buy from Hold at Jefferies... Omega Protein (OME) upgraded to Buy from Neutral at DA Davidson... Raytheon (RTN) upgraded to Buy from Neutral at UBS... Republic Airways (RJET) upgraded to Buy from Hold at Deutsche Bank... Swiss Re (SSREY) upgraded to Neutral from Underweight at JPMorgan... Thor Industries (THO) upgraded on positive trends, checks at BMO Capital... Verint (VRNT) upgraded to Outperform from Market Perform at William Blair.
09:03 EDTINTCHP updates entry-level workstation
HP (HPQ) announced the HP Z240 Tower and Z240 SFF Workstations with next generation Intel (INTC) processors and HP Z Turbo Drive options, raising the bar for entry-level workstations, while providing the reliability of a workstation at the price point of a desktop PC. The Z240 is the latest update to the world's No. 1 ranked entry-level workstation, the HP Z230. As HP's most affordable workstation, the Z240 is ideal for customers in the video editing, MCAD/AEC, education, public sector and image viewing industries.
08:01 EDTSNEGlobal Eagle strikes worldwide IFE agreement with Sony Music
Global Eagle (ENT) announced a global licensing agreement with Sony Music Entertainment to add thousands of songs from Sony (SNE) Music's iconic catalog to GEE's leading inflight entertainment portfolio. The broad-based deal is Sony Music's first licensing pact with an inflight entertainment content service provider and gives Global Eagle access to hit songs from leading recording labels, including Columbia, Epic, RCA, Masterworks, Legacy, Sony Music Nashville for use in its airline inflight entertainment systems around the globe.
07:17 EDTMUMicron price target lowered to $23 from $34 at Stifel
Subscribe for More Information
06:48 EDTINTC, AMDAMD stake sale talks with Silver Lake stalled, Bloomberg says
Advanced Micro Devices (AMD), a competitor of Intel (INTC), was in discussions to sell an approximate 25% stake to private equity firm Silver Lake Management before the talks were stalled, Bloomberg reports, citing people with knowledge of the matter. The two sides have put talks on hold after they failed to reach an agreement over price and strategy, the report says. AMD is looking into other strategic options, the report says. Reference Link
06:02 EDTMUMicron upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo analyst David Wong upgraded Micron Technology to Outperform saying current valuation levels provide upside potential. Wong cut his estimates for the company, however, citing the "ongoing slide" in DRAM pricing. Nonetheless, he thinks that memory industry financial dynamics have improved in recent years and keeps a $16-$19 price target range for Micron shares.
1 | 2 | 3 | 4 | 5 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use