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December 20, 2012
19:16 EDTNKE, TIBX, RHT, WWAY, RIMM, MU, HEBOn The Fly: After Hours Movers
UP AFTER EARNINGS: Nike (NKE), up 5%... Tibco Software (TIBX), up 4.7%... Red Hat (RHT), up 5.6%... ALSO HIGHER: Westway Group (WWAY), up 8% after an affiliate of EQT Infrastructure agreed to acquire the company for $6.70 per share... DOWN AFTER EARNINGS: Research in Motion (RIMM), down 10%... Micron Technology (MU), down 3.2%... ALSO LOWER: Hemispherx BioPharma (HEB), down 24% after Bloomberg reported that an FDA advisory panel voted against recommending approval for the company's drug Ampligen.
News For NKE;TIBX;RHT;WWAY;RIMM;MU;HEB From The Last 14 Days
Check below for free stories on NKE;TIBX;RHT;WWAY;RIMM;MU;HEB the last two weeks.
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August 14, 2014
10:13 EDTMUDRAM prices to see 'continuous reduction,' DRAMeXchange says
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August 13, 2014
10:12 EDTMUMicron management to meet with Needham
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08:04 EDTTIBXTIBCO holder Praesidium urges company to conduct formal sale process
Praesidium Investment Management, which beneficially owns approximately 5.4M shares of TIBCO Software, announced last night that it sent a letter to TIBCO's Board of Directors, in which it stated in part: "We were happy to read in the Wall Street Journal that TIBCO Software has started to reach out to potential acquirers. We support the Company's exploration of a potential sale as a way to maximize shareholder value. However, the article states that the talks are not part of a formal process and are being spearheaded by TIBCO's CEO, Vivek Ranadive. We strongly believe that a rigorous, formal process is required in order for the Board to make a fully informed decision in good faith regarding whether a sale, a stand-alone strategy or another alternative is in the best interests of the Company's shareholders. In order to avoid conflicts of interest, we think that it is imperative that the Board form a special committee of independent directors and that the special committee engage with an investment bank and legal advisors...We believe the Board has an opportunity to create a significant amount of value for shareholders through a formal and well run sales process. Praesidium, as a large, long-term TIBCO shareholder, would be more than willing to assist the special committee in pursuit of maximizing value for TIBCO shareholders. We intend to provide the Board our analysis and views on who we see as the potential strategic acquirers and how TIBCO's products would fit with each."
August 12, 2014
14:28 EDTMUPacific Crest remains on the sidelines of Micron
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August 11, 2014
11:21 EDTTIBXTIBCO management to meet with JMP Securities
Meeting to be held in Palo Alto, CA on August 14 hosted by JMP Securities.
07:50 EDTMUMicron pullback creates buying opportunity, says Jefferies
Jefferies attributes the recent pullback in shares of Micron to Samsung's DRAM bit growth commentary and Micron's guidance for higher capital expenditures in FY15. Jefferies expects favorable DRAM supply/demand balance to continue through 2015 and thinks Micron will continue to see near-term pricing power. The firm recommends buying the stock at current levels and keeps a Buy rating on Micron with a $38 price target.
August 8, 2014
09:10 EDTMUMicron shares should be bought on weakness, says Sterne Agee
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August 7, 2014
10:51 EDTTIBXOptions with increasing implied volatility
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August 6, 2014
15:26 EDTTIBXTIBCO makes informal approach to potential suitors, WSJ says
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14:54 EDTTIBXTIBCO sum-of-parts valuation worth $25-$30, says UBS
14:16 EDTTIBXTIBCO jumps 5% to $20.28 after Dow Jones says company seeks suitors
14:15 EDTTIBXTIBCO seeks potential buyers, has contacted PE firms, DJ says
Dow Jones cites sources.
10:08 EDTMUMicron nears important test of support, levels to watch
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