New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For DELL;PLXS;MU;SCSC;SNX;AMD;TECD;IM;CTXS;EMC;FLEX From The Last 14 Days
Check below for free stories on DELL;PLXS;MU;SCSC;SNX;AMD;TECD;IM;CTXS;EMC;FLEX the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
August 21, 2014
10:17 EDTMUStocks with call strike movement; MU HTZ
Subscribe for More Information
06:12 EDTMUDRAM prices making downward correction with oversupply concerns, DigiTimes says
Subscribe for More Information
August 19, 2014
08:11 EDTEMCVMware promotes Betsy Sutter to SVP, Chief People Officer
Subscribe for More Information
08:09 EDTEMCVMware updates executive responsibilities
Subscribe for More Information
August 18, 2014
17:02 EDTPLXSPlexus announces $30M share buyback program
Plexus Corp announced that its board has approved a new share repurchase program under which the company is authorized to repurchase up to $30M of its common stock during FY15. The authorized repurchases represent approximately 2% of current market capitalization. The company expects to fund the majority of the repurchases with existing cash.
10:29 EDTAMDGoldman cuts sector view on semiconductors to Cautious
Subscribe for More Information
08:04 EDTAMDSemiconductors sector downgraded to Cautious from Neutral at Goldman
Goldman downgraded the Semiconductors sector to Cautious given signs the cycle is turning based on expectations for a slowdown in semiconductor revenue growth, above trend semi unit shipments that should normalize, and stretching lead times. As a result, the analyst sees risk to Q4 estimates and sees further downside of 10%-25% for the SOX (SOX) and downgraded NXP Semiconductors (NXPI) to Sell from Neutral, InvenSense (INVN) to Neutral from Buy, and removed Maxim Integrated (MXIM) from the Conviction Buy List.
August 15, 2014
10:49 EDTSCSCScansource to host conference call
Subscribe for More Information
09:02 EDTSCSCScansource to acquire Network1 in all-cash deal
Subscribe for More Information
August 14, 2014
11:45 EDTEMCNetApp rises after earnings beat, Needham upgrade
Shares of storage systems provider NetApp (NTAP) are advancing after the company posted better than expected first quarter results and received positive analyst commentary. WHAT'S NEW: Last night, NetApp reported Q1 adjusted earnings per share of 60c and revenue of $1.49B, beating analysts' consensus estimates of 57c and $1.47B, respectively. Q1 adjusted gross margin was 64.3%. WHAT'S NOTABLE: NetApp forecast second quarter adjusted EPS of 66c-71c and revenue of $1.49B-$1.59B, compared to consensus of 69c and $1.53B, respectively. For fiscal 2015, the company sees EPS growth just under 10% and revenue growth in the mid-single digits. FY15 adjusted gross margin is seen at 63%-64%. On NetApp's Q1 conference call, management said it was seeing a rebound in enterprise spending in the U.S. ANALYST REACTION: This morning, analyst commentary was overwhelmingly positive. Needham upgraded NetApp to Buy from Hold following its strong Q1 report, citing better enterprise spending. Their price target was $49. Two firms, Piper Jaffray and Brean Capital, raised their respective price targets on NetApp and Pacific Crest said NetApp is "'undervalued and underappreciated," noting that the company's Q1 results included 13% earnings growth year-over-year. PRICE ACTION: In late morning trading, NetApp rose $1.47, or 3.7%, to $40.77 on heavy trading volume. Despite today's advance, the stock is down approximately 4% over the past 12 months. OTHERS TO WATCH: Other companies in the storage space include: EMC (EMC), Dot Hill Systems (HILL) and Nimble Storage (NMBL).
11:36 EDTEMCEMC executive say 'Virtual Isilon' coming, IT Wire reports
EMC's Isilon storage product has proved popular in Australia with customers that need large amounts of storage and EMC CTO John Roese told a customer event in Melbourne this month that "Virtual Isilon" is coming this year, reported IT Wire. Reference Link
10:13 EDTMUDRAM prices to see 'continuous reduction,' DRAMeXchange says
Subscribe for More Information
August 13, 2014
14:57 EDTCTXSCitrix management to meet with Evercore
Subscribe for More Information
10:12 EDTMUMicron management to meet with Needham
Subscribe for More Information
August 12, 2014
14:28 EDTMUPacific Crest remains on the sidelines of Micron
Subscribe for More Information
August 11, 2014
11:56 EDTAMDStocks with call strike movement; PBR AMD
Petrobras (PBR) November 19 call option implied volatility increased 4% to 54, AMD (AMD) January 4.5 call option implied volatility decreased 5% to 45 according to IVolatility.
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.
06:18 EDTAMDAMD to release A68 chipsets in September, DigiTimes reports
Subscribe for More Information
August 8, 2014
09:10 EDTMUMicron shares should be bought on weakness, says Sterne Agee
Subscribe for More Information
08:32 EDTEMCVMware, others could benefit from increased cloud adoption, says Pacific Crest
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use