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Stock Market & Financial Investment News

News Breaks
March 13, 2013
07:35 EDTMU, SNDKGlobal DRAM sector upgraded to Overweight at Bernstein
Bernstein believes the DRAM industry is positioned to have a more permanent recovery in margins given more rational players controlling the market. The firm expects a low growth industry but one that is concentrated, value creating, and rational. The firm reiterates its Outperform rating on Micron (MU) and SanDisk (SNDK).
News For MU;SNDK From The Last 14 Days
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May 17, 2013
06:07 EDTMUMobile DRAM revenue fell 5% in Q1, DigiTimes reports
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May 16, 2013
08:19 EDTMUCourt decision should hasten Micron takeover of Elpida, says Sterne Agee
Sterne Agee believes that a decision by a Japanese court dismissing appeals from the two unsecured creditors to the Elpida consolidation process should enable Micron to close its Elpida acquisition much more quickly than some had feared. The firm views this development as very positive for Micron and keeps a Buy rating on the stock.
07:26 EDTSNDKJPMorgan to host a conference
41st Annual Global Technology, Media & Telecom Conference is being held in Boston on May 14-16 with webcasted company presentations to begin on May 16 at 8 am; not all company presentations may be webcasted. Webcast Link
05:32 EDTMUMicron announces issuance by Tokyo Court of order dismissing creditor appeals
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May 13, 2013
07:29 EDTMUSkillsoft to host a conference
2013 Global Skillsoft Perspectives Learning Industry Conference is being held in Orlando, Florida on May 13-16.
May 10, 2013
10:00 EDTMUOn The Fly: Analyst Downgrade Summary
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07:47 EDTMUMicron downgraded at JMP Securities
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07:03 EDTMUMicron downgraded to Market Perform from Outperform at JMP Securities
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May 9, 2013
06:10 EDTMUDRAM shortages expected to impact PC players in Q2, DigiTimes says
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May 7, 2013
08:05 EDTMU, SNDKStable capactiy, rising demand to drive up memory prices, FT says
After years of price competition and industry consolidation, analysts do not expect any new memory chip capacity to be introduced this year, which coupled with rising demand driven by smartphone growth is set to feed through into prices, Financial Times said. Samsung Electronics (SSNLF), SK Hynix and Micron (MU) now hold more than 90% of the D-Ram market and almost 100% of the Nand market is divided between those three and Intel (INTC), Toshiba (TOSBF) and SanDisk (SNDK), the report noted, citing analysts at Bernstein. Reference Link
May 6, 2013
10:22 EDTMUMicron initiated with a Hold at Topeka
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