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How Low Can Micron Go? Quite A Bit, If You Believe These Metrics
Wednesday, August 5, 2015 - 8:34am | 543Read More...In a report published Wednesday, Morgan Stanley analyst Joseph Moore discussed why he believes shares of Micron Technology, Inc. (NASDAQ: MU) can continue trading lower. According to Moore, weakness in DRAM pricing is expected to continue in the near-term, undergo a "brief improvement...
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Why Intel Could Be The 'Key' To A Tsinghua-Micron Merger
Wednesday, July 15, 2015 - 5:22pm | 384Read More...Earlier this week, reports that China's Tsinghua Unigroup Ltd. made a bid for Micron Technology, Inc. (NASDAQ: MU) worth $23 billion. That's a 9 percent premium to Micron's current market price, though the arbitrage opportunity was larger on Monday, before shares jumped nearly $2 per...
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Drexel Hamilton Shows Concern On DRAM Pricing, Downgrades Micron To Sell
Tuesday, June 9, 2015 - 11:28am | 253Read More...In a report published Tuesday, Drexel Hamilton downgraded shares of Micron Technology, Inc. (NASDAQ: MU) to Sell from Hold with a price target lowered to $20 from a previous $30, as process-driven DRAM price declines are likely to "continue and probably deepen." According to Whittington, declines...
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Wall Street: Micron Takes A 'Calculated Risk' With Inventory Build
Thursday, April 2, 2015 - 12:45pm | 424Read More...Micron Technology, Inc. (NASDAQ: MU) analysts expressed caution Thursday regarding the company's plan to build its inventory, rather than sell chips into a weak market for personal computers. The Boise, Idaho-based company changed hands recently at $27.26. Micron, which cut its third-...
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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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Summit Research Partners Positive On Applied Materials Upcoming Q4 Results
Thursday, November 13, 2014 - 12:18pm | 207Read More...Applied Materials, Inc. (NASDAQ: AMAT) is scheduled to report its fourth quarter results on Thursday after market close. Srini Sundararajan of Summit Research Partners recommends investors buy shares of Applied Materials heading in to the quarter and estimates there could be $1 upside post-earnings...
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Will Micron Technology, Inc.'s Earnings Prove The Company Is Undervalued?
Wednesday, September 24, 2014 - 4:31pm | 616Read More...Micron Technology, Inc. (NASDAQ: MU) will report after the market closes on Thursday, September 25. So, should investors be excited or worried? "The thing that I think everyone is looking for is how they will guide the DRAM pricing going forward," Pacific Crest analyst Monika Garg...
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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 June 16: M&A Frenzy Keep Indices In Positive Territory
Monday, June 16, 2014 - 4:33pm | 1781Read More...U.S. stocks closed the day slightly higher as a mergers and acquisition heavy trading session eased fears over escalating violence in Iraq. The New York Federal Reserve's Empire State index for June showed that business conditions in June rose from May. In fact, June's reading proved...
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Market Wrap For April 4: Dow Suffers Triple Digit Point Loss, Nasdaq Continues To Underperform
Friday, April 4, 2014 - 4:44pm | 2444Read More...U.S. stocks ended the week on a sour note as investors continue to sell many momentum names. Not helping the bull case was the much anticipated Jobs report number which failed to "wow" the market, coming in relatively in-line with expectations. The Dow suffered a triple digit point loss and...
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#PreMarket Primer: Wednesday, January 8: FOMC Minutes Released Today
Wednesday, January 8, 2014 - 8:09am | 788Read More...Markets around the world rose on Wednesday with bullish German export data pushing European markets to levels not seen since 2008. U.S. markets, however, are slightly lower as investors await the FOMC minutes due to be released at 2:00 pm ET. Investors are anxious to read what motivated members...
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Barron's Recap (3/16/13): A New Way to Play Emerging Markets
Saturday, March 16, 2013 - 11:46am | 867Read More...This weekend in Barron's online: a more sophisticated strategy for investing in emerging markets, an ETF special report, and the prospects for The Pantry and Globe Specialty Metals. Cover Story "Emerging Markets: The Next Wave" by Reshma Kapadia. A more complicated global economy calls for a...
