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Stock Market & Financial Investment News

News Breaks
June 11, 2014
07:27 EDTSTX, MLNX, TOSBFFBN Securities to hold a bus tour
6th Semi-Annual Silicon Valley Technology Bus Tour travels throughout the Silicon Valley on June 9-11.
News For STX;MLNX;TOSBF From The Last 14 Days
Check below for free stories on STX;MLNX;TOSBF the last two weeks.
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September 17, 2014
12:01 EDTSTXSeagate signs strategic agreement with Baidu
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10:00 EDTMLNXOn The Fly: Analyst Initiation Summary
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September 16, 2014
16:27 EDTMLNXMellanox initiated with a Neutral at Sterne Agee
Target $46.
September 15, 2014
08:27 EDTSTXSeagate revenue upside guidance reinforces bullish stance, says Brean Capital
Brean Capital noted Seagate's raised revenue guidance, citing good strength across all drives segments. The firm said they now see new upside to its September quarter and that Seagate could see an incrementally strong December quarter versus the company's original flat forecast, given its current cloud momentum. Brean has a Buy rating with a $70 price target on the stock.
07:19 EDTSTXSNIA to hold a conference
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September 12, 2014
16:20 EDTTOSBFOn The Fly: Closing Wrap
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14:16 EDTTOSBFToyota news doesn't affect Mobileye near-term growth potential, says Wells Fargo
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14:01 EDTTOSBFMobileye sinks after report says Toyota likely to use competitor
Shares of Mobileye (MBLY) are falling after the Nikkei newspaper reported today that Toshiba (TOSBF) is going to make many system chips for automatic driver-assist systems, or ADAS. Toyota (TM) will likely incorporate the chips into vehicles it will release in fiscal year 2015, the newspaper added. Mobileye designs software and chips for camera-based advanced ADAS. WHAT'S NEW: Toshiba plans to begin mass producing the ADAS chips - which will analyze images to help cars respond correctly to traffic lights and avoid dangers on the road - in 2015, Nikkei reported. The chips will be placed in safety systems by another company, Denso, before they are shipped to Toyota, Nikkei noted. WHAT'S NOTABLE: On September 9, Citigroup raised its price target on Mobileye to $62 from $48, as the firm was more confident about the company's chances of landing Toyota as a client after attending the first day of the ITS World Congress. Although Toyota is one of the few large auto makers not utilizing Mobileye's technology, the Japanese giant does recognize Mobileye's distinct technological advantages and expects to obtain ADAS components from more suppliers over the medium term, according to the firm, which kept a Buy rating on Mobileye. However, Deutsche Bank expressed some caution on the stock earlier this week when it downgraded the shares on valuation concerns. But the firm said that it continued to be upbeat about the company's long-term prospects. PRICE ACTION: In mid-afternoon trading, Mobileye slumped $2, or 4%, to $52. The shares debuted on August 12 at about $32.
13:11 EDTTOSBFToshiba to supply chips for Toyota driver-assistance systems, Nikkei says
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12:59 EDTSTXSeagate price target raised to $65 at FBN Securities after FY17 guidance issued
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10:10 EDTSTXSeagate raises September quarter view at analyst day, says Brean Capital
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06:30 EDTTOSBFGlobal tablet shipments to increase 9.1% in Q3, DigiTimes Research reports
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05:45 EDTSTXSeagate to host conference call
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September 10, 2014
08:02 EDTSTXSeagate says has shipped 10 millionth solid state hybrid hard drive
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September 9, 2014
09:22 EDTMLNXMellanox storage opportunity underappreciated, says Summit Research
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08:03 EDTTOSBFToshiba announces availability of 2014 4K Ultra HD TVs
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06:55 EDTTOSBFToshiba CEO aims to invest $1.9B yearly in chip division, Reuters says
Toshiba CEO Hisao Tanaka said that the company aims continue investing approximately $1.9B yearly into its chip division beyond FY14, according to Reuters, citing comments from Tanaka. Reference Link
05:22 EDTTOSBFToshiba, SanDisk start construction of Fab 2 facility at Yokkaichi, Japan
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September 8, 2014
14:30 EDTSTXSeagate volatility low into strategic update
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September 5, 2014
11:39 EDTTOSBFIntel launches Core M processor, available Holiday 2014
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