SanDisk Downgraded After Megadeal; eBay Gets New PT
at Investor's Business Daily - 26 mins ago
SanDisk (SNDK) got several downgrades early Thursday following news of a megadeal with Western Digital (WDC), while eBay (EBAY) and Boeing (BA) both got new price targets and Visa (V) received new analyst coverage. Meanwhile, SolarWinds (SWI) was...
UA: 92.75 (-6.40), SWI: 58.24 (-0.07), V: 76.78 (+1.32), EBAY: 27.49 (+3.28), NKE: 131.45 (-1.02), LRCX: 72.52 (+1.73), RHT: 77.56 (+0.75), GPS: 27.44 (+0.46), KLAC: 65.08 (+1.10), ULTA: 169.45 (+1.23), WDC: 70.95 (-0.49), BA: 147.33 (+6.14), LULU: 50.74 (-1.26), SNDK: 76.74 (-0.04)
How Short Sellers Run this Market: Part 2
at The Street - 38 mins ago
Now, the sectors where the shorts got slammed.
KO: 43.69 (+1.50), MMM: 156.56 (+6.74), GE: 29.64 (+0.79), CLX: 123.49 (+1.43), UTX: 100.19 (+2.22), DAL: 50.89 (+1.45), KMB: 120.94 (+2.85), WDC: 70.95 (-0.49), BA: 147.33 (+6.14), INTC: 34.42 (+1.05), PEP: 103.13 (+2.88), JPM: 63.52 (+1.46), TXN: 57.90 (+6.00), MCD: 110.73 (+8.19), SNDK: 76.74 (-0.04)
Could Micron Swipe Western Digital's SanDisk Deal?
at Investor's Business Daily - 1 hr 11 mins ago
SanDisk (SNDK) is not "the pristine, irresistible asset it seemed several quarters ago," according to Summit Research. But at least two analysts see additional bidders possibly attempting to one-up Western Digital (WDC)'s $19 billion offer for the...
MU: 16.87 (+0.44), LRCX: 72.52 (+1.73), STX: 38.62 (+1.49), KLAC: 65.08 (+1.10), INTC: 34.42 (+1.05), WDC: 70.95 (-0.49), SNDK: 76.74 (-0.04)
SanDisk (SNDK) Stock Price Target Boosted at Deutsche Bank
at The Street - Thu Oct 22, 9:24AM CDT
SanDisk’s (SNDK) stock price target was increased to $85 from $60 at Deutsche Bank after the company agreed to be acquired by Western Digital (WDC) for $19 billion.
SNDK: 76.74 (-0.04)
SanDisk (SNDK) Beats Q3 Earnings & Revenue Estimates
Zacks Equity Research - Zacks Investment Research - Thu Oct 22, 9:00AM CDT
SanDisk Corp. (SNDK) reported third-quarter 2015 adjusted earnings of 98 cents per share, which surpassed the Zacks Consensus Estimate of 65 cents.
JBL: 23.00 (+0.39), WDC: 70.95 (-0.49), SNDK: 76.74 (-0.04), JNPR: 29.69 (-0.11)
The Zacks Analyst Blog Highlights: SanDisk, Western Digital, EMC and VMWare
Zacks Equity Research - Zacks Investment Research - Thu Oct 22, 8:30AM CDT
The Zacks Analyst Blog Highlights: SanDisk, Western Digital, EMC and VMWare
VMW: 55.94 (+0.52), EMC: 25.88 (+0.11), WDC: 70.95 (-0.49), SNDK: 76.74 (-0.04)
Western Digital, SanDisk Merger Hinges on Unisplendour's OK
at The Street - Thu Oct 22, 8:13AM CDT
Unisplendour's investment in Western Digital is expected to close by the first quarter. But it could complicate the Western Digital buyout of SanDisk.
MU: 16.87 (+0.44), STX: 38.62 (+1.49), WDC: 70.95 (-0.49), SNDK: 76.74 (-0.04)
Downgrade Alert for SanDisk (SNDK)
Comtex SmarTrend(R) - Thu Oct 22, 8:06AM CDT
SanDisk (NASDAQ:SNDK) was downgraded from Outperform to Neutral at Macquarie today. The stock closed yesterday at $76.78 on volume of 30.9 million shares, above average daily volume of 5.1 million. SanDisk Corporation supplies flash data storage products. The Company designs, manufactures, and markets industry-standard, solid-state data, digital imaging, and audio storage products using its patented, high-density flash memory and controller technology.
SNDK: 76.74 (-0.04)
Upgrade Alert for SanDisk (SNDK)
Comtex SmarTrend(R) - Thu Oct 22, 7:11AM CDT
SanDisk (NASDAQ:SNDK) was upgraded from Sell to Neutral at BTIG today. The stock closed yesterday at $76.78 on volume of 30.9 million shares, above average daily volume of 5.1 million. SanDisk Corporation supplies flash data storage products. The Company designs, manufactures, and markets industry-standard, solid-state data, digital imaging, and audio storage products using its patented, high-density flash memory and controller technology.
SNDK: 76.74 (-0.04)
Western Digital to acquire SanDisk in cash and stock deal valued at USD19bn
M2 - Thu Oct 22, 6:40AM CDT
Western Digital Corporation (Nasdaq:WDC), a developer and manufacturer of storage solutions, and SanDisk Corporation (Nasdaq:SNDK), a provider of flash storage solutions, announced on Wednesday the entering into a definitive agreement under which Western Digital will acquire all of the outstanding shares of SanDisk for a combination of cash and stock.
WDC: 70.95 (-0.49), SNDK: 76.74 (-0.04)
Jim Cramer's 'Mad Money' Recap: Nowhere to Run, Nowhere to Hide
at The Street - Wed Oct 21, 6:50PM CDT
Some days you get mauled in the market, other days you might not, says Cramer.
GE: 29.64 (+0.79), CLX: 123.49 (+1.43), HON: 102.82 (+4.05), UTX: 100.19 (+2.22), KSU: 87.33 (-0.08), KMB: 120.94 (+2.85), SLB: 78.21 (+2.58), SAP: 77.43 (+1.26), LGF: 38.62 (-0.56), CHK: 7.87 (unch), S: 4.44 (+0.10), CMG: 656.15 (-9.52), AMAG: 32.49 (-3.88), TMUS: 40.53 (+0.31), TWTR: 29.33 (+0.03), UNP: 97.52 (+4.11), MU: 16.87 (+0.44), TSN: 46.79 (+0.56), WDC: 70.95 (-0.49), BA: 147.33 (+6.14), TUP: 61.31 (+1.50), CELG: 116.34 (+0.42), CRC: 3.98 (-0.01), TXN: 57.90 (+6.00), GM: 35.53 (+0.11), RACE: 55.88 (+0.88), VZ: 45.83 (+0.97), SNDK: 76.74 (-0.04)
Yahoo!, Twitter Drop, Face Ongoing Criticism, Western Digital Acquires SanDisk -- Tech Roundup
at The Street - Wed Oct 21, 5:15PM CDT
Yahoo! shares tumble after missed earnings, Morgan Stanley downgrades Twitter and Western Digital and Lam Research announce acquisitions.
YHOO: 31.79 (+0.67), VMW: 55.94 (+0.52), LRCX: 72.52 (+1.73), GOOGL: 681.83 (+10.03), KLAC: 65.08 (+1.10), WDC: 70.95 (-0.49), TWTR: 29.33 (+0.03), SNDK: 76.74 (-0.04), BABA: 71.03 (+1.55)
Where Stands the Digital Storage Stand-Alone?
Mark Vickery - Zacks Investment Research - Wed Oct 21, 4:50PM CDT
SanDisk (SNDK) reported Q3 earnings today, but its headline story remains its proposed acquisition by rival storage firm Western Digital.
VMW: 55.94 (+0.52), EMC: 25.88 (+0.11), WDC: 70.95 (-0.49), SNDK: 76.74 (-0.04)
Western Digital to Buy Flash Memory Provider SanDisk for $19 Billion
at The Street - Wed Oct 21, 4:35PM CDT
With backing from Chinese tech group Unisplendour, Western Digital said Wednesday that it would pay $19 billion to purchase flash storage company SanDisk, reports The Deal's Chris Nolter.
MU: 16.87 (+0.44), STX: 38.62 (+1.49), INTC: 34.42 (+1.05), WDC: 70.95 (-0.49), HPQ: 28.79 (+0.56), SNDK: 76.74 (-0.04)
Biogen and SanDisk are big market movers
AP - Wed Oct 21, 3:42PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
KO: 43.69 (+1.50), VRX: 98.44 (-20.17), LRCX: 72.52 (+1.73), CMG: 656.15 (-9.52), GM: 35.53 (+0.11), BA: 147.33 (+6.14), SNDK: 76.74 (-0.04), VRX.TO: 129.05 (-25.16)
Jim Cramer -- Best Way to Ride Ferrari's Profits Is in Fiat Chrysler
at The Street - Wed Oct 21, 3:27PM CDT
Answering social media questioners on Wednesday, Jim Cramer was enthusiastic about the Ferrari IPO, but said the stock he prefers belongs to its majority owner, Fiat Chrysler.
FB: 98.67 (+1.56), CMG: 656.15 (-9.52), GM: 35.53 (+0.11), FCAU: 15.23 (+0.03), TWTR: 29.33 (+0.03), WDC: 70.95 (-0.49), WTW: 15.11 (-0.29), RACE: 55.88 (+0.88), SNDK: 76.74 (-0.04), MS: 32.27 (+0.79)
Stocks Fall; Valeant Defends Accounting Practices
at The Street - Wed Oct 21, 2:02PM CDT
Stocks relinquish gains made earlier Wednesday as a selloff in Valeant Pharmaceuticals pressures the rest of the biotech sector.
TSLA: 213.68 (+3.59), BIIB: 278.40 (+2.06), F: 15.62 (+0.21), VRX: 98.44 (-20.17), KMB: 120.94 (+2.85), IBB: 303.36 (-1.10), TM: 125.40 (+1.70), SBUX: 61.41 (+0.88), YHOO: 31.79 (+0.67), CMG: 656.15 (-9.52), ABBV: 53.24 (-0.59), GOOGL: 681.83 (+10.03), HMC: 33.05 (+0.35), AAPL: 115.00 (+1.24), KO: 43.69 (+1.50), AMZN: 566.54 (+10.77), MU: 16.87 (+0.44), PFE: 33.15 (-0.31), LLY: 76.71 (-0.30), FCAU: 15.23 (+0.03), BMY: 63.07 (+0.56), BA: 147.33 (+6.14), WDC: 70.95 (-0.49), LRCX: 72.52 (+1.73), MCD: 110.73 (+8.19), GM: 35.53 (+0.11), KLAC: 65.08 (+1.10), RACE: 55.88 (+0.88), SNDK: 76.74 (-0.04)
4 Stocks Trading on Big Volume -- and How to Trade Them Now
at The Street - Wed Oct 21, 1:48PM CDT
Here's how to trade some of the most active stocks on the market right now.
LRCX: 72.52 (+1.73), KLAC: 65.08 (+1.10), WDC: 70.95 (-0.49), WTW: 15.11 (-0.29), SNDK: 76.74 (-0.04)
Blue Chips Outperform; Ferrari Debuts Strongly
at Investor's Business Daily - Wed Oct 21, 12:33PM CDT
The Dow Jones industrial average was in the driver's seat in early afternoon trading Wednesday, while tech stocks lagged, and the S&P 500 was mostly unchanged. The Dow rose 0.4%, helped by strength in United Technologies (UTX), Travelers (TRV),...
VRX: 98.44 (-20.17), UTX: 100.19 (+2.22), WDC: 70.95 (-0.49), BA: 147.33 (+6.14), LRCX: 72.52 (+1.73), CMG: 656.15 (-9.52), CAT: 71.78 (+2.11), KLAC: 65.08 (+1.10), RACE: 55.88 (+0.88), SNDK: 76.74 (-0.04), TRV: 112.82 (+2.12)