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Is Micron's Downside Risk Limited Ahead Of Earnings?
Wednesday, April 1, 2015 - 9:03am | 280Read More...In a report published Tuesday, Deutsche Bank analyst Sidney Ho previewed Micron Technology, Inc. (NASDAQ: MU)'s second quarter print that will be released Wednesday after market close. Ho projected Micron will earn $0.74 per share in the second quarter on revenue of $4.20 billion. However, the...
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JMP Securities Reiterates On Micron In Face Of Nomura Downgrade
Wednesday, March 4, 2015 - 12:00pm | 298Read More...In a report published Wednesday, JMP Securities analyst Alex Gauna maintained a bullish view of Micron Technology, Inc. (NASDAQ: MU) following the company's presentation at the JMP Securities Technology Conference on Tuesday. The upgrade comes a day after Romit Shah of Nomura downgraded...
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Here's Why Nomura Downgraded Micron Technology
Tuesday, March 3, 2015 - 12:25pm | 231Read More...In a report published Tuesday, Nomura analyst Romit Shah downgraded shares of Micron Technology, Inc. (NASDAQ: MU) to Neutral from Buy with a price target lowered to $30 from a previous $40. Shah noted that the Street perceives Micron to be undervalued as consolidation in DRAM drives...
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Jefferies On Micron Technology: 'Solid Technology Progress + Inotera = Buy'
Tuesday, February 17, 2015 - 2:25pm | 164Read More...In a report published Monday, Jefferies analyst Sundeep Bajikar commented that Micron Technology, Inc. (NYSE: MU) is making "better than expected" progress in 20nm DRAM and 3D NAND. Bajikar also noted that Micron will likely see its DRAM gross margins expand "significantly," helped in calendar year...
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Nomura: Intel's Outlook A Positive For Micron
Friday, November 21, 2014 - 11:05am | 179Read More...Shares of Micron Technology, Inc. (NASDAQ: MU) has outperformed year-to-date, but most of the gains in share prices occurred during the first half of 2014. Analysts at Nomura commented on Friday that despite an outperformance, shares are still trading at a "sizeable" discount. The analysts note...
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Dow Suffers 300 Point Drop; S&P 500 And NASDAQ Also Tumble
Thursday, July 31, 2014 - 4:49pm | 3111Read More...U.S. stocks posted steep losses as investors had plenty to worry about. Unable to reach a last-minute settlement, Argentina defaulted on its debt obligations. Naturally, as a global economy, the credit of one country affects other countries worldwide. The Labor Department reported that U.S....
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Stocks Rebound From 2 Day Drop As The Fed Confirms The End Of QE Is Near
Wednesday, July 9, 2014 - 4:40pm | 2399Read More...U.S. stocks rose following the FOMC minutes which stated that the Fed is on track for a final month of tapering in October. The Fed plans to slash $15 billion from its monthly asset purchasing program at that time. “Some committee members had been asked by members of the public whether...
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Market Wrap For December 18: Markets Surge Following the Fed's Taper Announcement
Wednesday, December 18, 2013 - 5:46pm | 2716Read More...After much anticipation and heavily speculation the Federal Reserve announced a $10 billion per month taper. Treasury purchases will be cut to $40 billion per month with MBS purchases cut to $35 billion per month. The Fed's move shouldn't come as a surprise as recent economic data and...
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Shares of Micron Technology Fall Following Reports Of Competitor Investing In New Factory
Wednesday, December 18, 2013 - 1:14pm | 277Read More...Shares of Micron Technology (NASDAQ: MU) were under extreme selling pressure following reports that a major competitor will build a new factory in South Korea. South Korean based SK Hynix Inc, the world's second-largest memory chip maker will invest 4 trillion won (approximately $3.8 billion) next...
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Dataram Corporation (DRAM) Gives Back Portion of Huge Run Up On Friday
Monday, September 28, 2009 - 12:28pm | 136Read More...Dataram Corporation (NASDAQ: DRAM) is down 14% today after running up 59% on Friday. The stock is currently trading at $3.45/share on much higher than normal volume. There was no news on Friday, however the stock moved from around $2.50 to close at almost $4.00/share on 42X normal volume. The...
