SNDK News 88.61 05/09/2014 05:26:46 Sandisk Corp (SNDK)

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Sandisk Corp (SNDK) 88.61 $SNDK

SanDisk Gets Upgrades Following Analyst Day Meeting
at Investor's Business Daily - Thu May 08, 12:36PM CDT
SanDisk (SNDK) got a pat on the back from some analysts following its annual analyst day meeting during which the chip company said it expects to be in the driver's seat with respect to cashing in on the solid state drive market. Nomura Securities...

Nasdaq Leads Market Rally But Oil And Gas Producers Lag
at Investor's Business Daily - Thu May 08, 11:09AM CDT
Major averages rallied and were near session highs in late morning trading Thursday as investors pored over another avalanche of earnings reports. About two hours into the session, the Nasdaq rose 0.9% while the S&P 500 and Dow Jones industrial...

Insider Trading Alert - EBAY, SNDK And BPL Traded By Insiders
at The Street - Thu May 08, 9:15AM CDT
Stocks with insider trader activity include EBAY, SNDK and BPL

SanDisk (SNDK) Approaches New Upside Target of $89.35
Comtex SmarTrend(R) - Thu May 08, 9:03AM CDT
Shares of SanDisk (NASDAQ:SNDK) opened today above their pivot of $86.43 and have already reached the first level of resistance at $88.15. Analysts will be watching for a cross of the next upside pivot targets of $89.35 and $92.27.

Will SanDisk (SNDK) Stock Be Helped By This Upgrade?
at The Street - Thu May 08, 7:22AM CDT
Shares of SanDisk (SNDK) were ujpgraded at Raymond James (RJF) to "strong buy" from "outperform" as the firm raised its price target to $115 from $90.

Upgrade Alert for SanDisk (SNDK)
Comtex SmarTrend(R) - Thu May 08, 7:01AM CDT
SanDisk (NASDAQ:SNDK) was upgraded from Outperform to Strong Buy at Raymond James today. The stock closed yesterday at $86.96 on volume of 4.4 million shares, above average daily volume of 4.1 million. There is potential upside of 4.2% for shares of SanDisk based on a current price of $86.96 and an average consensus analyst price target of $90.63. The stock should discover initial support at its 50-day moving average (MA) of $79.57 and subsequent support at its 200-day MA of $68.94.

SanDisk Announces Plan to Raise Quarterly Cash Dividend
Business Wire - Wed May 07, 3:05PM CDT
SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced that the Board of Directors has approved a 33 percent increase in the company's quarterly dividend payment to $0.30 per share ($1.20 per share on an annual basis). This planned increase will go into effect for dividends declared beginning in the third fiscal quarter of 2014, one year after the dividend program was initiated. Future dividend payments are subject to consideration and declaration by the Board of Directors.

SanDisk, Arrow to Jointly Market Commercial Flash Storage Solutions Worldwide
Business Wire - Wed May 07, 8:02AM CDT
--Expanded Partnership Addresses Rising Demand for Flash Around the World

Watch for SanDisk to Potentially Pullback After Gaining 1.42% Yesterday
Comtex SmarTrend(R) - Mon May 05, 4:26PM CDT
SanDisk (NASDAQ:SNDK) traded in a range yesterday that spanned from a low of $85.83 to a high of $87.10. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $86.56 on volume of 3.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SanDisk Rises 1.42% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Mon May 05, 4:25PM CDT
SanDisk (NASDAQ:SNDK) traded in a range yesterday that spanned from a low of $85.83 to a high of $87.10. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $86.56 on volume of 3.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Can Tessera (TSRA) Surprise This Earnings Season? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon May 05, 1:45PM CDT
Tessera Technologies Inc. (TSRA) is set to report first-quarter fiscal 2014 results on May 6.

Why SanDisk Corporation Shares Will Spike Above $100
Brian Pacampara, The Motley Fool - Motley Fool - Mon May 05, 1:05PM CDT
While Fools should generally take the opinion of Wall Street with a grain of salt, it's not a bad idea to take a closer look at particularly stock-shaking upgrades and downgrades -- just in case their reasoning behind the call makes sense. ...

Western Digital Beats on Q3 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu May 01, 1:09PM CDT
Western Digital Corp. (WDC) reported third-quarter 2014 non-GAAP earnings per share of $1.94, which beat the Zacks Consensus Estimate of $1.88.

Annual General Meetings, Products Availability, Partnerships, Earnings Releases, and Prestigious Awards - Analyst Notes on Nokia, SanDisk, SolarCity, Seagate and Sprint
PR Newswire - Thu May 01, 8:00AM CDT
Today, Analysts Review released its analysts' notes regarding Nokia Corporation (NYSE: NOK), SanDisk Corporation (NASDAQ: SNDK), SolarCity Corporation (NASDAQ: SCTY), Seagate Technology Plc (NASDAQ: STX) and Sprint Corporation (NYSE: S). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1965-100free.

Seagate Beats Q3 Earnings Estimates - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 30, 1:40PM CDT
Seagate Technology plc (STX) reported third-quarter 2014 non-GAAP earnings per share of $1.34, which beat the Zacks Consensus Estimate of $1.26 per share.

Global Mobile NAND Flash Memory Market 2014-2018 with Micron Technology Inc., Samsung Electronics Co. Ltd., SK Hynix Inc., and Toshiba Dominating
M2 - Wed Apr 30, 9:06AM CDT
Research and Markets (http://www.researchandmarkets.com/research/zzl5pv/global_mobile) has announced the addition of the "Global Mobile NAND Flash Memory Market 2014-2018 with Micron Technology Inc., Samsung Electronics Co. Ltd., SK Hynix Inc., and Toshiba Dominating" report to their offering. The Global Mobile NAND Flash Memory market to grow at a CAGR of 18.8 percent over the period 2013-2018. One of the major trends that is expected to exert a positive influence on the Global Mobile NAND Flash Memory market is rapid technological advancement. The continuous technological advancements in the design and development of mobile NAND flash memory chips have increased their efficiency and expanded their application in a wide number of mobile devices. The rapid technological advancements taking place in the market have also led to the development of advanced and highly efficient NAND flash memory. Therefore, rapid technological advancements have increased the applications of NAND flash memory across the globe. According to the report, the growth of the Global Mobile NAND Flash Memory market is driven by several factors, of which the most important is the high demand for smartphones across the globe. Major smartphone vendors, such as Apple, Samsung, and Sony, are continuously increasing the adoption of NAND flash memory in their new series line-ups. Further, the report states that one of the challenges is the high inventory levels in the supply chain. The large inventories piling up in the supply chain have resulted in the declining profitability of vendors. In addition, high marketing expenses to sell finished goods, increased expenditure on R&D, and inventory carrying costs are other factors leading to this declining profitability. Key vendors dominating this space include: - Micron Technology Inc - Samsung Electronics Co. Ltd. - SK Hynix Inc. - Toshiba Corp. Other vendors mentioned in the report are: - Intel Corp. - Kingston Technology Corp - SanDisk Corp. - Transcend Information Inc. For more information visit http://www.researchandmarkets.com/research/zz...bal_mobile

SANDISK TO WEBCAST INVESTOR DAY MAY 7, 2014
Thomson Reuters ONE - Wed Apr 30, 8:01AM CDT
Investor Contacts:

SanDisk Unveils World's First 4 Terabyte Enterprise SAS SSD
Business Wire - Wed Apr 30, 7:03AM CDT
--Optimus MAX Leads Refresh of Entire Optimus(R) 19nm MLC SSD Family

SanDisk Delivers Increased Performance for Mission-Critical Applications With Lightning Gen. II SSD Product Family
Business Wire - Wed Apr 30, 7:03AM CDT
SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced the Lightning(R) Gen. II family of enterprise-class 12Gb/s Serial Attached SCSI (SAS) solid state drives (SSDs). The Lightning Gen. II 12Gb/s SAS SSDs, together with the newly announced Optimus MAX(TM) 4TB(1)SAS SSD and updated Optimus(R) SSD product family, help businesses meet the performance, uptime and capacity requirements across the wide range of mixed-use, read- and write-intensive application workloads common in today's data centers.
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