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Stock Market & Financial Investment News

News Breaks
August 5, 2014
08:39 EDTSANMSanmina division partners with Enmotus
Viking Technology, a division of Sanmina, announced a partnership with Enmotus, a software defined storage hybridization company, to develop next generation hybrid storage software that leverages emerging NVDIMM technology. This collaboration between Viking Technology and Enmotus' device hybridization architecture provides a solution enabling enterprise IT, hyperscale datacenters, OEMs and system integrators to take advantage of virtualization and real-time tiering, using NVDIMM as the fastest tier.
News For SANM From The Last 14 Days
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April 20, 2015
18:48 EDTSANMOn The Fly: After Hours Movers
UP AFTER EARNINGS: Lam Research (LRCX), up 9.2%... Fortinet (FTNT), up 9%. ALSO HIGHER: Lumber Liquidators (LL), up 2% after being initiated with a Buy, $45 target at Cantor... Geron (GERN), up 2.2% after being initiated with an Outperform at Oppenheimer... Applied Materials (AMAT), up 1.6% after Lam Research reported quarterly results. DOWN AFTER EARNINGS: Sanmina (SANM), down 10.5%... IBM (IBM), down marginally... Rambus (RMBS), down 3.7%.
18:05 EDTSANMElectronic manufacturing stocks under pressure after Sanmina Q3 results
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16:26 EDTSANMSanmina drops sharply after hours on Q3 EPS view
The stock is down over 9.8% to $21.05 at time of writing. At that price next support is at $20.22. Resistance is at $21.83.
16:23 EDTSANMSanmina Q3 view reflects headwinds in communications networks segment
"I am pleased with our profitability and cash generation in an environment where we had unexpectedly soft revenue," stated Jure Sola, Chairman and Chief Executive Officer. "Our third quarter outlook reflects continued headwind in our communications networks segment offset by growth in the industrial, medical and defense segment."
16:23 EDTSANMSanmina sees Q3 EPS 48c-52c, consensus 56c
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16:21 EDTSANMSanmina reports Q2 EPS 50c, consensus 53c
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15:37 EDTSANMNotable companies reporting after market close
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April 14, 2015
10:01 EDTSANMOn The Fly: Analyst Downgrade Summary
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08:17 EDTSANMSanmina downgraded at Longbow
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08:01 EDTSANMSanmina downgraded to Neutral from Buy at Longbow
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April 7, 2015
06:31 EDTSANMCiti sees currency driving guidance cuts in technology supply chain
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