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…
The news from SanDisk Corporation (NASDAQ: SNDK) about weak demand and weak pricing was something we expected to bleed over to others in flash memory and in consumer electronics. The reality is…
SanDisk Corporation (NASDAQ: SNDK) has just provided a “business update” which is actually nothing less than an earnings warning. With this being the leader in flash memory it is going to spill…
Jon C. Ogg Markets opened higher this morning and after a decline in mid-morning moved higher and wobbled around modest gain to the beginning of the last hour of trading today. This morning’s report on…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday. Best Buy Co. Inc. (NYSE: BBY) Maintained Hold at Argus. Buffalo Wild…
Markets opened slightly higher this morning but have been wobbling around the neutral line for the whole day. This morning’s report on the decline of housing prices (our coverage here) and the…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday. Activision Blizzard, Inc. (NASDAQ: ATVI) Started as Buy at Stifel Nicolaus. Apollo…
Markets opened about higher this morning following a flat close in Asia and a bit of enthusiasm in Europe following a manufacturing survey from Germany (our coverage here). Then Fed Chairman Ben…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday. Baker Hughes Inc. (NYSE: BHI) Cut to Market Perform at Wells Fargo…
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)…
