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Stock Market & Financial Investment News

News Breaks
January 17, 2014
07:51 EDTSNDKSanDisk Q1 revenue outlook could pressure shares, says Wedbush
Wedbush expects SanDisk to report better than expected Q4 results but thinks the company could guide Q1 revenue down 13% quarter-over-quarter, below the consensus estimate of down 11%. Wedbush says the guidance could pressure shares, but it expects the favorable NAND supply/demand environment to continue thru 2014. The firm raised its price target for shares to $82 from $71 and reiterates an Outperform rating on SanDisk.
News For SNDK From The Last 14 Days
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July 23, 2015
08:04 EDTSNDKSanDisk upgraded to Buy from Neutral at BofA/Merrill
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07:54 EDTSNDKSanDisk price target lowered to $68 from $75 at UBS
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07:36 EDTSNDKSanDisk showing good progress, says Stifel
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07:00 EDTSNDKSanDisk upgraded to Buy from Neutral at B. Riley
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05:39 EDTSNDKSanDisk Q2 shows recovery on track, says Piper Jaffray
Piper Jaffray analyst Ruben Roy says SanDisk's Q2 results and guidance indicate the company's second half of 2015 recovery is on track. Inventory levels are back to normal and client SSD revenues are expected to grow following a Q2 trough, Roy tells investors in a post-earnings research note. He lowers his price target for SanDisk to $69 from $74 and reiterates an Overweight rating on the stock.
July 22, 2015
19:02 EDTSNDKOn The Fly: After Hours Movers
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17:33 EDTSNDKMicron advances by 2.33% after SanDisk Q2 results
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17:28 EDTSNDKSanDisk advances 12% after Q2 results, guidance
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17:25 EDTSNDKSanDisk sees Q3 revenue $1.35B-$1.45B, consensus $1.41B
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17:25 EDTSNDKSanDisk backs FY15 revenue view $5.4B-$5.7B, consensus $5.53B.
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17:21 EDTSNDKSanDisk does not expect Toshiba announcement to impact financial results
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17:06 EDTSNDKSanDisk says progressing with qualification of embedded component product
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16:06 EDTSNDKSanDisk reports Q2 non-GAAP EPS 66c, consensus 33c
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15:26 EDTSNDKNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Qualcomm (QCOM), consensus 95... American Express (AXP), consensus $1.32... Texas Instruments (TXN), consensus 65c... Las Vegas Sands (LVS), consensus 61c... Crown Castle (CCI), consensus $1.06... Discover Financial (DFS), consensus $1.32... Tractor Supply (TSCO), consensus $1.11... SanDisk (SNDK), consensus 33c... SL Green Realty (SLG), consensus $1.56... Xilinx (XLNX), consensus 54c... Weatherford (WFT), consensus (12c)... F5 Networks (FFIV), consensus $1.60... United Rentals (URI), consensus $1.74... Fortinet (FTNT), consensus 9c... LaSalle Hotel (LHO), consensus 89c... Oceaneering International (OII), consensus 68c... Cheesecake Factory (CAKE), consensus 62c.
15:09 EDTSNDKEarnings Watch: Summit breaks trend with upgrade of Sandisk to Buy
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12:16 EDTSNDKSanDisk technical notes before earnings
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07:10 EDTSNDKSanDisk July weekly volatility elevated into Q2 and outlook
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July 20, 2015
10:00 EDTSNDKOn The Fly: Analyst Upgrade Summary
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08:13 EDTSNDKSanDisk upgraded to Neutral at Nomura
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06:11 EDTSNDKSanDisk upgraded to Neutral from Reduce at Nomura
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