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Stock Market & Financial Investment News

News Breaks
September 21, 2010
09:00 EDTSVNT, ID, NZ, SPH, SNDK, WFMIOn The Fly: Analysts Downgrade Summary
MOST NOTEWORTHY: SanDisk (SNDK), Whole Foods (WFMI) and Savient (SVNT) were today's noteworthy downgrades: Sterne Agee downgraded SanDisk to Neutral from Buy based on peaking seasonal builds, slowing share gains and improving NAND supply. Credit Suisse downgraded Whole Foods to Underperform from Neutral citing high valuation and deteriorating fundamentals. The firm lowered its price target to $30 from $40. Leerink downgraded Savient to Market Perform from Outperform citing valuation as the company searches for an acquirer and competitive uncertainty. The firm lowered its target for shares to $20 from $22...OTHER DOWNGRADES: L-1 Identity (ID) was downgraded to Hold from Buy at Jefferies. Suburban Propane Partners (SPH) was downgraded to Neutral from Buy at BofA/Merrill. Netezza (NZ) was downgraded to Hold from Buy at Canaccord.
News For SNDK;WFMI;SVNT;ID;NZ;SPH From The Last 14 Days
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August 21, 2014
08:49 EDTSNDKSanDisk gross margins to get boost from FIO, says Sterne Agee
Sterne Agee expects SanDisk's gross margins to be boosted from the integration of the FIO Enterprise SSD unit, whose acquisition closed on July 23. The firm adds that the company's new Malaysia factory should drive its tax rate lower over time. Sterne Agee keeps a $125 price target and Buy rating on the shares.
06:12 EDTSNDKDRAM prices making downward correction with oversupply concerns, DigiTimes says
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05:50 EDTSNDKStocks with implied volatility movement; QCOM SNDK
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August 13, 2014
06:02 EDTSNDKStocks with implied volatility below IV index mean; SNDK KMP
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August 11, 2014
06:09 EDTSNDKStocks with implied volatility below IV index mean; GPRO SNDK
Stocks with implied volatility below IV index mean; GoPro (GPRO) 68, SanDisk (SNDK) 27 according to iVolatility.
August 8, 2014
06:02 EDTSNDKStocks with implied volatility below IV index mean; XLNK SNDK
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August 7, 2014
07:41 EDTSPHSuburban Propane reports retail propane gallons sold down 9.7% to 83.2M
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07:41 EDTSPHSuburban Propane: Customer demand slowed in Q3
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07:41 EDTSPHSuburban Propane reports Q3 EPS (98c), consensus (57c)
Reports Q3 revenue $297.14M, consensus $332.05M. Reports Q3 adjusted EBITDA $10M, compared to $19.2M in the prior year.
06:04 EDTSNDKStocks with implied volatility below IV index mean; INTC SNDK
Stocks with implied volatility below IV index mean; Intel (INTC) 19, SanDisk (SNDK) 27 according to iVolatility.

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