Micron Technology (MU) Approaches New Upside Target of $17.54
Comtex SmarTrend(R) - Fri Oct 23, 1:06PM CDT
Shares of Micron Technology (NASDAQ:MU) have bullishly opened above the pivot of $16.60 today and have reached the first resistance level of $17.13. Analysts will be watching for a cross of the next upside pivot targets of $17.54 and $18.48.
MU: 17.24 (+0.52)
Western Digital to Acquire SanDisk for $19 B
Brian Wu - Amigobulls - Fri Oct 23, 5:29AM CDT
Western Digital will acquire flash manufacturer SanDisk for $19 billion. What are the implications for Western Digital?
MU: 17.24 (+0.52), STX: 41.15 (+1.91), WDC: 69.34 (-0.62), SNDK: 78.37 (+1.28)
Could Micron Swipe Western Digital's SanDisk Deal?
at Investor's Business Daily - Thu Oct 22, 11:27AM CDT
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: 17.24 (+0.52), LRCX: 74.57 (+1.96), STX: 41.15 (+1.91), KLAC: 65.35 (+0.45), INTC: 34.90 (+0.50), WDC: 69.34 (-0.62), SNDK: 78.37 (+1.28)
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: 17.24 (+0.52), STX: 41.15 (+1.91), WDC: 69.34 (-0.62), SNDK: 78.37 (+1.28)
Downgrade Alert for Micron Technology (MU)
Comtex SmarTrend(R) - Thu Oct 22, 7:27AM CDT
Micron Technology (NASDAQ:MU) was downgraded from Strong Buy to Hold at Needham today. The stock closed yesterday at $16.43 on volume of 48.7 million shares, above average daily volume of 30.4 million. Potential upside of 80.0% exists for Micron Technology, based on a current level of $16.43 and analysts' average consensus price target of $29.58. Micron Technology shares should first meet resistance at the 50-day moving average (MA) of $16.50 and find additional resistance at the 200-day MA of $23.84.
MU: 17.24 (+0.52)
'Mad Money' Lightning Round: Take Union Pacific Over Kansas City Southern
at The Street - Thu Oct 22, 5:00AM CDT
Cramer is avoiding Chesapeake Energy and Micron Technology and says wait on Lions Gate Entertainment.
MU: 17.24 (+0.52), CRC: 4.05 (-0.04), S: 4.71 (+0.25), LGF: 38.66 (+0.20), CHK: 7.83 (+0.03), KSU: 86.13 (-0.02), AMAG: 37.85 (+4.24), TSN: 47.44 (+0.26), TMUS: 41.27 (+0.83), OXY: 73.71 (-0.63), VZ: 46.16 (+0.27), UNP: 96.92 (-0.09), CELG: 120.08 (+2.82)
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: 29.51 (-0.07), CLX: 123.25 (-0.35), HON: 103.13 (+0.55), UTX: 100.62 (+0.83), KSU: 86.13 (-0.02), KMB: 121.24 (+0.44), SLB: 78.35 (+0.09), SAP: 77.32 (+0.30), LGF: 38.66 (+0.20), CHK: 7.83 (+0.03), S: 4.71 (+0.25), CMG: 649.72 (-0.90), AMAG: 37.85 (+4.24), TMUS: 41.27 (+0.83), TWTR: 30.28 (+1.13), UNP: 96.92 (-0.09), MU: 17.24 (+0.52), TSN: 47.44 (+0.26), WDC: 69.34 (-0.62), BA: 146.70 (+0.39), TUP: 60.00 (-1.27), CELG: 120.08 (+2.82), CRC: 4.05 (-0.04), TXN: 58.98 (+0.89), GM: 35.95 (+0.53), RACE: 56.38 (-0.37), VZ: 46.16 (+0.27), SNDK: 78.37 (+1.28)
For The Record
at Investor's Business Daily - Wed Oct 21, 5:49PM CDT
For The Record: Current DRAM chips provide 8 gigabits of memory. This number was misstated in an Oct. 20 article on A4 about the 3D XPoint chip from Intel (INTC) and Micron (MU).
MU: 17.24 (+0.52), INTC: 34.90 (+0.50)
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: 17.24 (+0.52), STX: 41.15 (+1.91), INTC: 34.90 (+0.50), WDC: 69.34 (-0.62), HPQ: 29.03 (+0.26), SNDK: 78.37 (+1.28)
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: 209.09 (-2.63), BIIB: 276.99 (+0.16), F: 15.67 (+0.09), VRX: 116.16 (+6.29), KMB: 121.24 (+0.44), IBB: 316.28 (+10.17), TM: 125.74 (+0.51), SBUX: 62.61 (+1.12), YHOO: 33.17 (+1.50), CMG: 649.72 (-0.90), ABBV: 50.34 (+2.07), GOOGL: 719.33 (+38.19), HMC: 33.83 (+0.79), AAPL: 119.08 (+3.58), KO: 42.79 (-0.45), AMZN: 599.03 (+35.12), MU: 17.24 (+0.52), PFE: 34.05 (+0.72), LLY: 78.31 (+1.33), FCAU: 15.37 (+0.13), BMY: 65.16 (+1.98), BA: 146.70 (+0.39), WDC: 69.34 (-0.62), LRCX: 74.57 (+1.96), MCD: 112.59 (+1.72), GM: 35.95 (+0.53), KLAC: 65.35 (+0.45), RACE: 56.38 (-0.37), SNDK: 78.37 (+1.28)
Early Gains Fizzle, Turn Mixed; Biogen, Ferrari Rise
at Investor's Business Daily - Wed Oct 21, 9:47AM CDT
Leading indexes turned Wednesday's modest opening gains to mixed and busy action, powered primarily by quarterly reports and company news. The Nasdaq backed out of a narrow advance and slipped 0.2%. The Dow Jones industrial average and the S&P 500...
BIIB: 276.99 (+0.16), MU: 17.24 (+0.52), NTES: 141.60 (+2.40), HA: 34.84 (+1.44), DIS: 113.09 (-0.16), MANH: 74.49 (+3.09), WDC: 69.34 (-0.62), BA: 146.70 (+0.39), AOS: 73.84 (+1.08), OZRK: 49.86 (+1.17), LRCX: 74.57 (+1.96), CMG: 649.72 (-0.90), CRUS: 33.74 (+1.30), KLAC: 65.35 (+0.45), RACE: 56.38 (-0.37), SNDK: 78.37 (+1.28)
Stocks Turn Lower as Valeant Dents Biotech Sector
at The Street - Wed Oct 21, 9:41AM CDT
Stocks turn lower by mid-morning Wednesday as plummeting Valeant Pharmaceuticals shares pull the biotech sector to the downside.
BIIB: 276.99 (+0.16), TSLA: 209.09 (-2.63), VRX: 116.16 (+6.29), KMB: 121.24 (+0.44), IBB: 316.28 (+10.17), SBUX: 62.61 (+1.12), YHOO: 33.17 (+1.50), CMG: 649.72 (-0.90), ABBV: 50.34 (+2.07), GOOGL: 719.33 (+38.19), AAPL: 119.08 (+3.58), KO: 42.79 (-0.45), AMZN: 599.03 (+35.12), MU: 17.24 (+0.52), PFE: 34.05 (+0.72), FCAU: 15.37 (+0.13), BA: 146.70 (+0.39), WDC: 69.34 (-0.62), CELG: 120.08 (+2.82), GILD: 107.99 (+0.39), LRCX: 74.57 (+1.96), GM: 35.95 (+0.53), MCD: 112.59 (+1.72), KLAC: 65.35 (+0.45), RACE: 56.38 (-0.37), SNDK: 78.37 (+1.28)
Micron Technology (MU) Stock Declines With Analyst Downgrade
at The Street - Wed Oct 21, 9:29AM CDT
Micron Technology (MU) shares are slumping after analysts at Bank of America/Merrill Lynch dropped their rating to 'underperform' from 'neutral" and lowered their price target.
MU: 17.24 (+0.52)
Analysts' Actions -- VMWare, Dollar General, Twitter, Micron, Harley-Davidson
at The Street - Wed Oct 21, 7:53AM CDT
Here are Wednesday's top research calls, including ratings changes at VMWare, Dollar General, Twitter, Micron and Harley-Davidson.
KSS: 44.06 (-1.36), MU: 17.24 (+0.52), ATI: 14.56 (+0.39), HOG: 48.20 (+0.09), VMW: 58.18 (+1.39), MRD: 18.32 (+0.17), WM: 53.19 (-0.32), YHOO: 33.17 (+1.50), COH: 30.13 (-0.02), WWW: 18.40 (+0.46), QCOM: 60.72 (+0.29), CMG: 649.72 (-0.90), CPHD: 30.87 (+0.77), DG: 65.75 (-1.20), TWTR: 30.28 (+1.13), VZ: 46.16 (+0.27)
Lam Research bids $10.6B for KLA-Tencor, creating chip giant
AP - Wed Oct 21, 6:26AM CDT
NEW YORK (AP) — Lam Research Corp. is buying KLA-Tencor Corp. for about $10.6 billion, creating a huge player in the semiconductor sector that will rival Applied Materials Inc.
MU: 17.24 (+0.52), LRCX: 74.57 (+1.96), AMAT: 16.44 (+0.23), EMC: 26.10 (+0.32), WDC: 69.34 (-0.62), SNDK: 78.37 (+1.28)
Micron Technology (MU) Stock Closed Down 10.80% After Ratings Downgrade
at The Street - Tue Oct 20, 4:03PM CDT
Micron Technology (MU) stock plummeted on Tuesday, after a downgrade to 'short' from 'neutral' and a lowered price target at Redstone Technology Research today.
MU: 17.24 (+0.52)
After Yesterday's Decline of 10.80%, Micron Technology Offers Investors Better Value
Comtex SmarTrend(R) - Tue Oct 20, 3:46PM CDT
Micron Technology (NASDAQ:MU) traded in a range yesterday that spanned from a low of $16.61 to a high of $19.05. Yesterday, the shares fell 10.8%, which took the trading range below the 3-day low of $18.23 on volume of 67.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MU: 17.24 (+0.52)
SmarTrend Watching for Potential Rebound in Shares of Micron Technology After 10.80% Loss
Comtex SmarTrend(R) - Tue Oct 20, 3:45PM CDT
Micron Technology (NASDAQ:MU) traded in a range yesterday that spanned from a low of $16.61 to a high of $19.05. Yesterday, the shares fell 10.8%, which took the trading range below the 3-day low of $18.23 on volume of 67.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MU: 17.24 (+0.52)
SanDisk, TeamHealth, Fresh Market Add To M&A Buzz
at Investor's Business Daily - Tue Oct 20, 3:44PM CDT
Dealmaking in the fourth quarter looks to continue the strong momentum set in the first nine months of the year, with acquisitions clinched or expected in the tech, health and grocery industries. Here's a look at just a few of Tuesday's M&A...
AMSG: 68.88 (+2.68), MU: 17.24 (+0.52), HON: 103.13 (+0.55), SIAL: 139.75 (-0.02), MRK: 52.88 (+0.87), TFM: 25.18 (-0.07), WDC: 69.34 (-0.62), TMH: 57.97 (+5.69), SNDK: 78.37 (+1.28)