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Stock Market & Financial Investment News

News Breaks
April 25, 2014
08:18 EDTMU, KLAC, SNDKMicron SanDisk have positive read through from KLA-Tencor, says Sterne Agee
Sterne Agee believes that comments from KLA-Tencor (KLAC) suggest that the growth of flash memory production is slowing. The firm views these comments as significantly positive for Micron (MU) and SanDisk (SNDK), and keeps a Buy rating on both stocks.
News For MU;SNDK;KLAC From The Last 14 Days
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October 17, 2014
14:23 EDTSNDKSanDisk shares attractive after pullback, says Argus
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11:51 EDTMUStocks with call strike movement; MU DAL
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09:17 EDTSNDKOn The Fly: Pre-market Movers
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09:16 EDTMUMicron management to meet with MKM Partners
Meetings to be held in New York on October 23 and in the Mid-Atlantic area on October 24 hosted by MKM Partners.
07:32 EDTSNDKSanDisk price target lowered to $110 from $120 at UBS
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07:31 EDTMU, SNDKSamsung first to market with new multilayer NAND technology, Nikkei says
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05:42 EDTSNDKSanDisk pullback a buying opportunity, says Piper Jaffray
Piper Jaffray says SanDisk's Q4 guidance missed expectations because the company is seeing more demand than it can fully supply, which it views as a good problem to have. Piper thinks the recent pullback in shares provides a buying opportunity. It lowered its price target for SanDisk shares to $106 from $110 and reiterates an Overweight rating on the name.
October 16, 2014
18:36 EDTSNDKOn The Fly: After Hours Movers
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17:48 EDTMU, SNDKMicron lower by over 1% to $28 after SanDisk Q3 results and guidance
17:35 EDTSNDKSanDisk trades lower after hours, levels to watch
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17:33 EDTSNDKSanDisk continues to trade lower, now down almost 7% after Q4 revenue guidance
17:24 EDTSNDKSanDisk sees Q4 revenue $1.8B-$1.85B, consensus $1.88B
Sees Q4 adjusted gross margin 47%-49%. Guidance from company's Q3 earnings conference call.
17:19 EDTSNDKSanDisk on track for Fusion- io to add to earnings in 2H15
Comment made on company Q3 earnings call.
16:23 EDTSNDKSanDisk lower by 1.5% to $83.75 after Q3 results
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16:08 EDTSNDKSanDisk sees demand for NAND flash continues strong
“Third quarter results reflect the strength of our diversified product portfolio, broad customer engagements and solid execution,” said Sanjay Mehrotra, president and CEO. “Demand for NAND flash continues to be strong across mobile, client and enterprise, where SanDisk’s innovations are creating significant opportunities. As we focus on closing a record 2014, we also look forward to building upon our success in 2015.”
16:06 EDTSNDKSanDisk reports Q3 adjusted gross margin 49%
16:06 EDTSNDKSanDisk reports Q3 EPS $1.45, consensus $1.33
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15:26 EDTSNDKNotable companies reporting after market close
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14:47 EDTSNDK, MUEarnings Preview: Pacific Crest, RBC positive on SanDisk ahead of report
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14:36 EDTSNDKSanDisk October 86 straddle priced for 7.3% move into Q3
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