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Stock Market & Financial Investment News

News Breaks
January 28, 2013
18:29 EDTSANMSanmina says had a Q1 reserve of $5M for distressed customer
Now carries approximately $2M of exposure related to this customer. Says this customer filed for bankruptcy protection in the United States on January 28. Says evaluating the development and additional reserves may need to be established prior to filing the quarterly report on form 10-Q. Says it is possible that GAAP financial results may change. Comments taken from company's Q1 earnings conference call.
News For SANM From The Last 14 Days
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July 25, 2014
10:11 EDTSANMSanmina management to meet with Needham
Meetings to be held in San Diego on July 31 and in Los Angeles on August 1 hosted by Needham.
July 22, 2014
14:33 EDTSANMSanmina price target raised to $28 from $25 at Argus
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10:00 EDTSANMOn The Fly: Analyst Upgrade Summary
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08:59 EDTSANMSanmina shares recommended following Q3 report at Craig-Hallum
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05:52 EDTSANMSanmina upgraded to Hold from Sell at Deutsche Bank
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July 21, 2014
18:40 EDTSANMOn The Fly: After Hours Movers
UP AFTER EARNINGS: Netflix (NFLX), up marginally after reporting Q2 results... Sanmina (SANM), up 13.2% after reporting third quarter results and fourth quarter guidance above analyst estimates... Chipotle (CMG), up 10.1%... Helix (HLX), up 5.2%... Canadian National (CNI), up 1.13%... CYS Investments (CYS), up 1.7%. ALSO HIGHER: Apache (APA), up 5% after Bloomberg says JANA discloses $1B position... Johnson & Johnson (JNJ), up 1% after announcing a $5B share repurchase program... TG Therapeutics (TGTX), up 4.3% after reporting second quarter results and preliminary clinical results from TG-1101 Phase I study... DOWN AFTER EARNINGS: Rambus (RMBS), down 3.6% after reporting second quarter results... Ultra Clean (UCTT), down 4% after reporting quarterly results. ALSO LOWER: Tallgrass Energy (TEP), down 5% after filing to sell 7M common units representing limited partners.
16:08 EDTSANMSanmina sees Q4 adjusted EPS 50c-55c, consensus 51c
The company sees Q4 revenue $1.60B-$1.65B, consensus $1.58B.
16:06 EDTSANMSanmina reports Q3 adjusted EPS 53c, consensus 48c
Reports Q3 revenue $1.6B, consensus $1.55B.

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