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Stock Market & Financial Investment News

News Breaks
January 3, 2013
06:29 EDTRMBS, MURambus barred from using 12 patents to get royalties from Micron, Bloomberg says
U.S. District Judge Sue Robinson in Wilmington, DE, barred Rambus (RMBS) from using 12 of its patents to demand royalties from Micron Technology (MU) because it improperly destroyed documents tied to intellectual-property litigation, reports Bloomberg. Reference Link
News For RMBS;MU From The Last 14 Days
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June 19, 2013
06:14 EDTMUInotera chairman: DRAM supply shortage to extend to 2015, DigiTimes says
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June 18, 2013
11:52 EDTMUStocks with call strike movement; REGN MU
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June 17, 2013
19:02 EDTRMBSOn The Fly: After Hours Movers
HIGHER: Korn/Ferry (KFY), up 2.7% after reporting better than expected fourth quarter earnings... Rambus (RMBS), up 3.2% after the company narrowed its second quarter revenue view. LOWER: GenMark (GNMK), down 4.7% after lower its full-year revenue view to $30M from $35M... Also lower following the announcement of stock offerings were Ship Finance (SFL), down 5.1%, New Mountain Finance (NMFC), down 3.3%, and Exact Sciences (EXAS), down 3.1%.
16:59 EDTRMBSSTMicroelectronics signs comprehensive agreement with Rambus
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16:34 EDTRMBSRambus narrows Q2 revenue view to $56M-$58M from $53M-$58M
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16:32 EDTRMBSRambus, STMicroelectronics sign agreement
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13:12 EDTMUMicron June volatility elevated at 96 into Q3 and DRAM supply outlook
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10:11 EDTMUMicron advances after analysts up price targets
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09:08 EDTMUMicron price target riased to $20 from $14 at Credit Suisse
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08:22 EDTMUMicron price target raised to $18 from $15 at Jefferies
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07:24 EDTMUMicron price target raised to $19 from $13.50 at Citigroup
Citigroup said it remains positive on shares of Micron given the Elpida deal and rising memory prices. The firm raised its price target for shares to $19 and reiterates a Buy rating on the name.
June 14, 2013
12:45 EDTMUStocks with call strike movement; JCP MU
J.C. Penney (JCP) January call option implied volatility increased 2% to 50, Micron (MU) January 16 call option implied volatility increased 2% to 48 according to IVolatility.
June 12, 2013
11:52 EDTMUStocks with call strike movement; HRB MU
H&R Block (HRB) June 32 call option implied volatility increased 11% to 71, Micron (MU) July 16 call option implied volatility increased 6% to 63 according to IVolatility.
10:06 EDTMUMicron volatility elevated into Q3 and DRAM supply outlook
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10:00 EDTRMBSRambus breaks above 10-day moving average, levels to watch
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10:00 EDTMUMicron estimates raised ahead of Q3 report at Wedbush
Wedbush raised Micron estimates ahead of the Q3 results to reflect a better overall memory pricing environment. Shares are Outperform rated with a $14.50 price target raised from $11.
09:07 EDTRMBSOn The Fly: Pre-market Movers
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June 11, 2013
18:50 EDTRMBSOn The Fly: After Hours Movers
UP AFTER EARNINGS: Ulta Salon (ULTA), up 9.5%. ALSO HIGHER: Rambus (RMBS), up 8.2% after announcing a patent license agreement that will pay the company $12M per quarter for the next five years. LOWER: Celsion (CLSN), down 22.6% after a Seeking Alpha contributor said the company's Phase III ThermoDox trial was a "total disaster" and that the stock could have 50% downside... Yum! Brands (YUM), down 1.7% after saying it sees Q2 China division same-store sales down 20%... First Solar (FSLR), down 7.1% after filing to sell 8.5M shares of common stock... Icahn Enterprises (IEP), down 5.1% after announcing an offering of depositary units representing limited partner interests.
16:06 EDTRMBSRambus, SK Hynix sign patent license agreement
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June 10, 2013
10:04 EDTMUOn The Fly: Analyst Downgrade Summary
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