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Stock Market & Financial Investment News

News For SCSC;FLEX;TECD;MU;EMC;AMD;PLXS;CTXS;SNX;DELL;IM From The Last 14 Days
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August 20, 2015
14:39 EDTEMCEarnings Watch: Hewlett-Packard reports ahead of company split
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13:26 EDTTECDOn The Fly: Top stock stories at midday
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11:12 EDTMUStocks with call strike movement; MU TWTR
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10:00 EDTMUOn The Fly: Analyst Downgrade Summary
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10:00 EDTAMDAMD management to meet with Canaccord
Meeting to be held in Toronto on August 26 hosted by Canaccord.
09:20 EDTMUOn The Fly: Pre-market Movers
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07:28 EDTMUBaird downgraded Micron to Neutral on falling DRAM prices
Baird analyst Tristan Gerra downgraded Micron to Neutral from Outperform and lowered his price target to $15 from $36 on DRAM price concerns. Gerra believes blended DRAM pricing could fall 20%+ between now and next year, down to fully loaded costs before capacity cuts take place. The analyst said continued PC unit weakness, soft enterprise server, mobile DRAM weakness, and excess channel inventories are causing the current downturn. Gerra expects Micron's gross margin and earnings to bottom in the February quarter and sees little upside potential until then.
06:07 EDTTECDTech Data sees Q3 local currency revenue growth in mid-single digits in Americas
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06:03 EDTTECDTech Data reports Q2 non-GAAP EPS $1.43, consensus 96c
Reports Q2 revenue $6.58B, consensus $6.07B.
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