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Short Interest In Altera Rises, In Marvell Tech Falls (ALTR, MRVL, XLNX)
Wednesday, February 12, 2014 - 4:50pm | 803Among the leading semiconductor stocks, Altera (NASDAQ: ALTR), Marvell Technology (NASDAQ: MU) and Xilinx (NASDAQ: XLNX) saw the most significant swings in short interest between the January 15 and January 31 settlement dates. The number of shares sold short of Advanced Micro Devices, Applied...
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UPDATE: Morgan Stanley Reiterates on Micron Technology Following Analyst Day
Monday, February 10, 2014 - 9:16am | 153In a report published Monday, Morgan Stanley analyst Vasanth Mohan reiterated equal-weight on Micron Technology (NASDAQ: MU) following the recent Analyst Day presentation. Mohan saw that Micron was highlighting important aspects of their business. Micron noted that it will commit to declines in...
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Semiconductor Stocks Tempting Short Sellers (BRCM, MRVL, MXIM)
Wednesday, January 29, 2014 - 12:50pm | 842Among the leading semiconductor stocks, Broadcom (NASDAQ: BRCM), Marvell Technology (NASDAQ: MU) and Maxim Integrated Products (NASDAQ: MXIM) saw the most significant swings in short interest between the December 31 and January 15 settlement dates. The number of shares sold short of Advanced Micro...
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Market Wrap For January 16: Markets End Two Day Winning Streak
Thursday, January 16, 2014 - 5:46pm | 2518The market took a bit of a breather Thursday following two strong days of gains. Earnings from two major banks failed to keep the momentum alive and investors focused on Best Buy's (NYSE: BBY) disappointing holiday guidance which contradicts the strong retail sales report earlier this week....
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Short Interest Swings In Semiconductor Stocks (BRCM, MXIM, MU)
Monday, January 13, 2014 - 10:44am | 815Among the leading semiconductor stocks, Broadcom (NASDAQ: BRCM), Maxim Integrated Products (NASDAQ: MXIM) and Micron Technology (NASDAQ: MU) saw the most significant swings in short interest between the December 13 and December 31 settlement dates. The number of shares sold short of Applied...
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Market Wrap For January 10: Job Growth Weak, But Unemployment Falls
Friday, January 10, 2014 - 5:53pm | 2337Major indices ended the day little changed as investors and traders were not sure how to react to today's job reports. 74,000 jobs were added, well below the estimated 196,000. The report proved to be a complete contradiction to every other report previously seen. Related: ETFs Moving On The...
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Micron Jumps 5% After Q1 Earnings
Tuesday, January 7, 2014 - 5:56pm | 286Micron Technology (NASDAQ: MU) is up more than five percent in after hours trading after the company announced its first quarter results. The company reported a Q1 EPS of $0.30, which may not compare to the Street estimate of $0.42. Revenue came in at $4.04 billion, which may not compare to the...
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#PreMarket Primer: Tuesday, January 7: Yellen Now Confirmed
Tuesday, January 7, 2014 - 8:08am | 801Volatility has returned to the markets in 2014. Monday’s trading session saw a 127-point swing in the Dow as Wall Street reacted to government data that didn’t meet expectations. The Dow ended the day at 16,425.10—down 44.89 or 0.27 percent. The S&P 500 lost 4.6 points or 0.25 percent to...
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Market Wrap For December 18: Markets Surge Following the Fed's Taper Announcement
Wednesday, December 18, 2013 - 5:46pm | 2716After 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 | 277Shares 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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Market Wrap For December 12: Dow Suffers Second Consecutive Day of Triple Point Loss
Thursday, December 12, 2013 - 5:41pm | 2348Major indices continued its decline from yesterday as the Dow suffered a triple digit point loss for the second consecutive day. Positive retail sales data added to an otherwise already convincing case that the economy is strong enough for the Federal Reserve to begin tapering. The Fed's policy...
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Qualcomm Bucks Short Interest Trend (AMAT, MU, QCOM)
Thursday, December 12, 2013 - 11:59am | 789While short interest in most of the leading semiconductor stocks declined between the November 15 and November 29 settlement dates, Applied Materials (NASDAQ: AMAT), Micron Technology (NASDAQ: MU) and Qualcomm (NASDAQ: QCOM) bucked the trend. Short sellers retreated from Advanced Micro Devices,...
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Market Wrap For December 9: Investors Digest Further Clues Hinting at An Upcoming Taper
Monday, December 9, 2013 - 5:45pm | 1739According to Jim Bullard, the chances of the Fed tapering have increased due to recent labor market data. “There is no widely accepted reason why inflation is running as low as it is in the face of extraordinarily accommodative policy for the Fed,” he added. The St. Louis Fed chief added that...
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Market Wrap For December 3: Markets Finish In The Red For Third Straight Day
Tuesday, December 3, 2013 - 5:49pm | 1989Investors appeared to be nervous going in to yesterday's close, a sentiment which continued at today's open. With little encouraging data coming out of the holiday shopping figures, investors and traders nervously await Friday's Labor Department November jobgs report which could help determine...
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10 Stocks To Be Thankful For This Thanksgiving
Wednesday, November 27, 2013 - 12:12pm | 675Thursday is Thanksgiving, and most Thanksgiving get-togethers include the classic question, “what are you thankful for?” If you’re an investor and you’ve held any of these stocks since the beginning of the year, while others talk about health and happiness, you might mention your portfolio....