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Check below for free stories on TECD;CTXS;MU;FLEX;IM;AMD;SNX;DELL;EMC;PLXS;SCSC the last two weeks.
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April 4, 2014
09:00 EDTIM, SNXIngram Micro price target raised to $40 from $31 at Brean Capital
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09:00 EDTSNXSYNNEX rises 18.6%
SYNNEX is up 18.6%, or $11.58, to $74.00
08:15 EDTMUMicron price target raised to $40 from $34 at Needham
Needham raised its price target for Micron shares to $40 citing favorable DRAM dynamics and gross margin expansion following the company's better than expected quarter. The firm sees see continued share upside and keeps a Buy rating on the stock.
07:34 EDTSNXSYNNEX price target raised to $85 from $72 at Brean Capital
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06:13 EDTMUMicron strong DRAM profitability to continue, says Jefferies
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05:45 EDTMUMicron assumed with an Overweight at Piper Jaffray
Price target lowered to $30 from $32.
April 3, 2014
18:56 EDTMU, SNXOn The Fly: After Hours Movers
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17:16 EDTMUMicron sees five year NAND demand CAGR in high 30% to low 40% range
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16:47 EDTMUMicron provides Q3 Bit Growth, ASP, Cost/Bit guidance
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16:37 EDTMUMicron sees FY14 CapEx $2.6B-$3.2B
Comment from presentation slides on Q2 earnings.
16:19 EDTMUMicron reports Q2 consolidated gross margin 34%
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16:10 EDTMUMicron reports Q2 adjusted EPS 85c, consensus 76c
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16:08 EDTSNXSYNNEX sees Q2 adjusted EPS $1.34-$1.38, consensus $1.14
Sees Q2 revenue $3.1B-$3.2B, consensus $3.01B. “We believe the strength we have recently experienced in IT demand will continue in our second quarter,” stated Kevin Murai, President and CEO of SYNNEX Corporation. “We are on track with our integration of the combined Concentrix business and expect to close the IBM customer care acquisition in the remaining countries in the coming months.”
16:06 EDTSNXSYNNEX reports Q1 adjusted EPS $1.25, consensus 94c
Reports Q1 revenue $3.03B, consensus $2.77B.
15:05 EDTMUMicron April weekly 24 straddle priced for 8.6% move into Q2
08:05 EDTAMDAMD amended deal removes overhang, says Wedbush
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07:16 EDTMUMicron April volatility elevated into Q2 and outlook
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April 2, 2014
15:37 EDTAMDDataram signs agreement with Elysium Europe to expand EMEA sales
Dataram (DRAM) announced that it has signed an agreement with Elysium Europe, based out of the United Kingdom, to expand sales penetration in Europe, the Middle East and Africa. Under this Agreement, Elysium is authorized to sell AMD (AMD) Radeon Consumer and Server Memory as well as AMD Radeon RAMDisk software. Elysium is focusing on etailers, retailers, system builders and distributors. Commenting on this Agreement, Graham Wright, Elysium Sales Director, stated, “We are excited about the opportunity to work with Dataram and promoting the AMD Radeon Memory products into Europe, the Middle East and Africa. The performance and quality of the products are already being well received into the market.” Sales orders have already been received and shipped by Elysium and Dataram under this Agreement. Dataram is continuing to roll out plans to further expand international availability and sales of AMD Radeon memory and RAMDisk products.
07:31 EDTSNXSYNNEX management to meet with Brean Capital
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07:14 EDTMUMicron management to meet with JMP Securities
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