Following a second round of bidding for Japan’s failed Elpida Memory Inc., Micron Technology Inc. (NASDAQ: MU) has signed an agreement to purchase the DRAM maker for $2.5 billion, the same price…
The three major US stock indexes opened mixed this morning as markets reacted to weak PMI reports from both Germany and China (more coverage here). A flash reading on US PMI was…
The three major US stock indexes opened slightly lower this morning as markets waited patiently for an afternoon announcement from the FOMC. When the word finally came that Operation Twist would continue…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. AK Steel Holding Corporation (NYSE: AKS) Cut to Neutral at UBS. Celestica…
Sterne Agee’s Vijay Rakesh has advised that the significant semiconductor pullback from the end of April is a huge buying opportunity and he has reiterated his top picks. He also analyzed Taiwan’s May…
SanDisk Corporation (NASDAQ: SNDK) has had a very difficult 2012. Being the independent flash memory leader at a time when smartphones and tablets are taking over would theoretically be a good thing. …
The recent sell-off has been brutal to semiconductors and chip stocks of late. To make matters worse, investing in technology and semiconductors can be brutal during the summer months. Still, many investors…
Dell Inc. (NASDAQ: DELL) was nothing short of a really bad earnings report. The wart on the nose is a declining margin, declining earnings power, and less and less revenue growth. With…
Earlier this month Micron Technology Inc. (NASDAQ: MU) was named the top bidder in the auction for bankrupt Japanese DRAM maker Elpida Memory. Now, it seems that some creditors think that Micron’s…
Paul Ausick Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Angie’s List, Inc. (NASDAQ: ANGI) Started as Outperform at Raymond James. Bankrate,…
The DJIA is off over 100 points, 136 points, to 12,686. The NASDAQ and S&P 500 are off by similar percentages. The carnage is particularly severe in a few sectors. News that…
Micron Technology Inc. (NASDAQ: MU) has seen a very muted reaction to its efforts to buy Elpida out of bankruptcy. Stern Agee has keyed in and reiterated a Buy rating and an…
Jon C. Ogg Citing a report on Japan’s NHK broadcasting system, Reuters reports this morning that DRAM maker Micron Technology Inc. (NASDAQ: MU) has topped the bidding for bankrupt Japanese chipmaker Elpida Memory. The winning…
By now everyone in the world knows that Apple blew the door off the hinges on its latest quarterly earnings report. The consumer electronics giant overcame iPad shortages with very strong iPhone…
Sandisk Corp. (NASDAQ: SNDK) had already guided its quarterly earnings down, but last night’s report also lowered the company’s forecast by about $250 million (our coverage here). That is likely the cause…
