Micron Technology, Inc., (NASDAQ: MU) has announced its quarterly earnings report. The DRAM giant reported a wider net loss attributable to shareholders of $224 million, or -$0.23 in earnings per share. Net…
Jon C. Ogg Markets opened slightly higher this morning, expecting good news from today’s report on existing home sales. Alas, the number came in lower than expectations and sent the DJIA to a daily low…
Japanese DRAM maker Elpida Memory filed for bankruptcy last month, and the company has now decided to find a new management team to run the company. A report in Taiwan’s Digitimes cites…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Accenture plc (NYSE: ACN) Raised to Hold at Soc-Gen. Allscripts Healthcare Solutions (NASDAQ: MDRX)…
Micron Technology, Inc. (NASDAQ: MU) is seeing a large gain today on a rather unusual event. One of its key competitors named Elpida in Japan is filing for bankruptcy protection. Our take here…
Jon C. Ogg Since the beginning of the year the Philadelphia Semiconductor Index is up about 17%. The run-up may be over for some chip makers and sustainable for others. Analysts have set some new…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Monday morning. Abercrombie & Fitch Company (NYSE: ANF) Reiterated Buy with $70…
Micron Technology, Inc. (NASDAQ: MU) was halted pending news. Most investors would have assumed it was about a lawsuit or around an earnings warning. It is far worse. Micron has announced the…
Jon C. Ogg Micron Technology, Inc. (NASDAQ: MU) has been halted as of 13:33:53. The reason is NEWS PENDING per the NASDAQ website. (More to Follow)
Jon C. Ogg Since the beginning of the year the Philadelphia Semiconductor Index is up more than 13.5%. The run-up may be over for some chip makers and sustainable for others. Analysts are also a…
Shares in semiconductor stocks have gained and lost value in about equal number during 2011. The run-up in share prices may be over for some and sustainable for others. For stocks that…
A downward revision to third-quarter GDP did not hold down early trading this morning as markets got off to a good start and remained in positive territory throughout the day. A rise…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Agrium Inc. (NYSE: AGU) Cut to Sector Perform from Outperform at RBC…
Intel Corporation (NASDAQ: INTC) may be a recent position added to the Berkshire Hathaway Inc. (NYSE: BRK-A) stock holdings portfolio, but the semiconductor and processor giant is now issuing an earnings warning. …
These are some of Wednesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Aetna, Inc. (NYSE: AET) named Bull of the Day at Zacks. Big Lots Inc. (NYSE:…
