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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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January 29, 2016
09:13 EDTSTXSeagate says taking 'aggressive' cost reduction actions
09:13 EDTSTXSeagate sees Q3 revenue approx $2.7B, consensus $2.85B
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08:01 EDTSTXSeagate reports Q2 EPS 82c ex-items, consensus 71c
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07:36 EDTSNDKSanDisk upgraded to Buy from Hold at Needham
07:12 EDTWDC, SNDKWestern Digital upside incredibly substantial, says Brean Capital
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January 28, 2016
17:18 EDTWDCWestern Digital sees Q3 adjusted EPS $1.20-$1.30, consensus $1.46
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17:12 EDTWDC, SNDKWestern Digital says 'pleased with progress' on SanDisk acquisition
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17:06 EDTWDCWestern Digital says expects weak demand in Q3
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16:18 EDTWDCWestern Digital reports Q2 free cash flow $449M
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16:17 EDTWDCWestern Digital reports Q2 adjusted gross margin 28.5%
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16:16 EDTWDCWestern Digital reports Q2 adjusted EPS $1.60, consensus $1.54
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15:19 EDTWDC, SNDK, STXEarnings Watch: Hard drive makers report with analysts upbeat on SanDisk deal
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14:29 EDTSTXNotable companies reporting before tomorrow's open
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14:29 EDTWDCNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Microsoft (MSFT), consensus 71c... Amazon (AMZN), consensus $1.56... Amgen (AMGN), consensus $2.29... Electronic Arts (EA), consensus $1.81... Skyworks (SWKS), consensus $1.58... Western Digital (WDC), consensus $1.54... Visa (V), consensus 68c... Flextronics (FLEX), consensus 31c... NetSuite (N), consensus 4c... Fortinet (FTNT), consensus 18c... Synaptics (SYNA), consensus $1.58... Proofpoint (PFPT), consensus (11c).
10:04 EDTSNDKOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Amdocs (DOX) upgraded to Buy from Neutral at BofA/Merrill... Cheesecake Factory (CAKE) upgraded to Overweight from Equal Weight at Stephens... Chemical Financial (CHFC) upgraded to Buy from Hold at Sandler O'Neill... Cimarex Energy (XEC) upgraded to Buy from Hold at Wunderlich... Cirrus Logic (CRUS) upgraded to Outperform from Perform at Oppenheimer... Citrix (CTXS) upgraded on Q4 results, valuation at JMP Securities... Comerica (CMA) upgraded to Market Perform from Underperform at BMO Capital... Community Health (CYH) upgraded to Market Perform from Underperform at Raymond James... Denny's (DENN) upgraded to Overweight from Equal Weight at Stephens... Dolby (DLB) upgraded to Buy from Neutral at Dougherty... EMC (EMC) upgraded to Buy from Neutral at Mizuho... Halliburton (HAL) upgraded to Buy from Accumulate at KLR Group... Hanmi Financial (HAFC) upgraded to Strong Buy from Outperform at Raymond James... Hawaiian Holdings (HA) upgraded to Neutral at BofA/Merrill... Hologic (HOLX) upgraded to Buy from Hold at Needham... Kinder Morgan (KMI) upgraded at Stifel... MGM China (MCHVF) upgraded to Overweight from Neutral at JPMorgan... Nimble Storage (NMBL) upgraded to Buy from Hold at Maxim... Patterson Companies (PDCO) upgraded to Buy from Neutral at UBS... PayPal (PYPL) upgraded to Outperform on core market share gains at Wedbush... Prosperity Bancshares (PB) upgraded to Buy from Neutral at DA Davidson... RPC, Inc. (RES) upgraded to Overweight from Equal Weight at Morgan Stanley... Rowan Companies (RDC) upgraded to Equal Weight from Underweight at Morgan Stanley... SanDisk (SNDK) upgraded to Buy from Neutral at Mizuho... Stillwater Mining (SWC) upgraded to Outperform from Market Perform at FBR Capital... Vantiv (VNTV) upgraded to Positive from Neutral at Susquehanna... Wilshire Bancorp (WIBC) upgraded to Outperform from Market Perform at Raymond James.
08:33 EDTSNDKOptions expected to be active
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07:52 EDTSNDKSanDisk upgraded to Positive at Susquehanna
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07:37 EDTSTXSeagate volatility elevated into Q4 and outlook
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07:27 EDTSNDKSanDisk upgraded to Positive from Neutral at Susquehanna
06:18 EDTSNDKSanDisk upgraded to Buy from Neutral at Mizuho
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