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Stock Market & Financial Investment News

News Breaks
April 1, 2014
07:17 EDTFIO, WDC, SNDK, CVLT, STXData storage suppliers could benefit from cloud spending, says Pacific Crest
After major providers of cloud storage cut their prices recently, Pacific Crest expects these providers' capital spending on the cloud to nearly double between 2012 and 2015. The firm expects companies that sell components used by cloud providers to benefit. Consequently, Pacific Crest recommends that investors buy shares of Western Digital (WDC), Seagate (STX), SanDisk (SNDK), Fusion-IO (FIO), and CommVault (CVLT).
News For WDC;STX;SNDK;FIO;CVLT From The Last 14 Days
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April 15, 2015
16:06 EDTSNDKSanDisk reports Q1 EPS 62c, consensus 66c
Reports Q1 revenue $1.33B, consensus $1.31B.
15:05 EDTSNDKEarnings Watch: SanDisk to report Q1 results after lowering revenue guidance
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14:05 EDTSNDKSanDisk technical notes before earnings
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10:00 EDTWDC, STXOn The Fly: Analyst Initiation Summary
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06:07 EDTSTXSeagate initiated with a Buy at Maxim
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06:07 EDTWDCWestern Digital initiated with a Buy at Maxim
Target $131.
April 14, 2015
10:01 EDTSTX, WDCOn The Fly: Analyst Upgrade Summary
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08:39 EDTSNDKSanDisk volatility elevated into Q1 and outlook
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06:25 EDTWDCWestern Digital upgraded to Buy from Neutral at BofA/Merrill
BofA/Merrill upgraded Western Digital to Buy and maintained its $117 price target. The firm believes fundamentals have bottomed and valuation is attractive at current levels. BofA/Merrill lowered estimates on further PC weakness but said pricing is holding up and the mix shift to capacity HDDs is driving ASP and margin improvement.
06:25 EDTSTXSeagate upgraded to Neutral from Underperform at BofA/Merrill
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April 13, 2015
08:30 EDTCVLTCommVault business appears to be stabilizing, says BMO Capital
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07:24 EDTWDCWestern Digital added to Franchise Pick List at Jefferies
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06:01 EDTSNDKStocks with implied volatility below IV index mean; LL SNDK
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April 12, 2015
16:46 EDTSTXIntel, Seagate may rise despite potentially weak earnings reports, Barron's says
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April 10, 2015
07:23 EDTSTXSeagate April volatility elevated into Q3 and outlook
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05:54 EDTSNDKStocks with implied volatility below IV index mean; LL SNDK
Stocks with implied volatility below IV index mean; Lumber Liquidators (LL) 72, SanDisk (SNDK) 40 according to iVolatility.
April 9, 2015
18:11 EDTSTXWorldwide PC shipments decline 6.7% in Q1, IDC says
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April 7, 2015
15:03 EDTSTXSeagate April volatility elevated
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09:35 EDTSTXActive equity options trading on open
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08:06 EDTSTXSeagate says LaCie doubles capacity of Rugged Thunderbolt SSD
LaCie, the premium brand from Seagate Technology, announced that its Rugged Thunderbolt storage solution will be available in a 1 TB SSD capacity. With double the storage, the new LaCie Rugged is just as portable with no size or weight increase compared to the 500 GB offering.
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