Sandisk Corp (SNDK) 78.37 $SNDK
SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of SanDisk Corp. And Encourages Investors To Contact The Firm For Additional Information
Business Wire - 1 hr 11 mins ago
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of SanDisk Corp. (NasdaqGS: SNDK) ("SanDisk" or the "Company"
relating to the proposed buyout of the Company by Western Digital Corp., in a transaction valued at approximately $19 billion.
WDC: 69.34 (-0.62), SNDK: 78.37 (+1.28)
SmarTrend Watching for Potential Pullback in Shares of SanDisk After 1.66% Gain
Comtex SmarTrend(R) - 2 hrs 25 mins ago
SanDisk (NASDAQ:SNDK) traded in a range yesterday that spanned from a low of $77.01 to a high of $78.83. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $78.50 on volume of 6.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SNDK: 78.37 (+1.28)
Look for Shares of SanDisk to Potentially Pullback after Yesterday's 1.66% Rise
Comtex SmarTrend(R) - 2 hrs 25 mins ago
SanDisk (NASDAQ:SNDK) traded in a range yesterday that spanned from a low of $77.01 to a high of $78.83. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $78.50 on volume of 6.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SNDK: 78.37 (+1.28)
EQUITY ALERT: Rosen Law Firm Announces Investigation of SanDisk Corporation Concerning its Proposed Sale to Western Digital Corporation - SNDK
Business Wire - 2 hrs 32 mins ago
Rosen Law Firm, a global investor rights law firm, announces that it is investigating the Board of Directors of SanDisk Corporation (NASDAQ:SNDK) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop SanDisk to maximize shareholder value before agreeing to be acquired by Western Digital Corporation (NASDAQ:WDC).
WDC: 69.34 (-0.62), SNDK: 78.37 (+1.28)
It's Been a Great Week, but Don't Get Cocky
at The Street - Fri Oct 23, 2:30PM CDT
There's some good news in the headlines, but potential threats lurk.
AMZN: 599.03 (+35.12), VRX: 116.16 (+6.29), SONC: 27.74 (+0.04), IBM: 144.68 (+0.59), P: 12.39 (-6.80), FB: 102.19 (+2.52), WYNN: 67.60 (+4.42), DIS: 113.09 (-0.16), MCD: 112.59 (+1.72), GOOGL: 719.33 (+38.19), WDC: 69.34 (-0.62), SNDK: 78.37 (+1.28)
SANDISK CORP. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Believe the Acquisition by Western Digital May be Unfair to Shareholders
Business Wire - Fri Oct 23, 1:16PM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of SanDisk Corp. ("SanDisk" (NasdaqGS: SNDK) concerning the acquisition by Western Digital. Under the terms of the agreement, valued at approximately $19 billion, SanDisk shareholders will only receive $67.50 in cash and 0.2387 shares of Western Digital common stock per SanDisk stock held if the previously announced investment in Western Digital by Unisplendour Corporation Limited has not occurred prior to the acquisition. However, if the Unisplendour transaction closes prior to this acquisition, SanDisk shareholders will only receive $85.10 in cash and 0.0176 shares of Western Digital common stock for each SanDisk stock held. The consideration is significantly lower than at least one analyst's estimated value of $90.00.
WDC: 69.34 (-0.62), SNDK: 78.37 (+1.28)
SANDISK SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of SanDisk Corp. (SNDK) Over the Proposed Sale of the Company to Western Digital Corporation
Business Wire - Fri Oct 23, 12:19PM CDT
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of SanDisk Corp. ("SanDisk" or the "Company" (NasdaqGS:SNDK) for potential breaches of fiduciary duties in connection with the sale of the Company to Western Digital Corporation for approximately $19 billion in a cash and common stock transaction.
WDC: 69.34 (-0.62), SNDK: 78.37 (+1.28)
Downgrade Alert for SanDisk (SNDK)
Comtex SmarTrend(R) - Fri Oct 23, 7:10AM CDT
SanDisk (NASDAQ:SNDK) was downgraded from Buy to Neutral at B. Riley today. The stock closed yesterday at $77.09 on volume of 10.0 million shares, above average daily volume of 6.0 million. Over the past year, SanDisk has traded in a range of $44.28 to $106.64 and closed yesterday at $77.09, 74% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 2.2%.
SNDK: 78.37 (+1.28)
IBM, Dell Inc., EMC Corporation, NetApp, Inc., HP And SanDisk Corporation Aiming For The Top Spot In The Global Next Generation Storage Market
PR Newswire Europe - Fri Oct 23, 5:31AM CDT
BANGALORE, October 23, 2015 /PRNewswire/ --
IBM: 144.68 (+0.59), EMC: 26.10 (+0.32), SNDK: 78.37 (+1.28)
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)
Dow Chemical and eBay are big market movers
AP - Thu Oct 22, 3:28PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
KO: 42.79 (-0.45), VRX: 116.16 (+6.29), AXP: 74.59 (+2.09), BA: 146.70 (+0.39), CTXS: 81.14 (+0.56), VRX.TO: 152.69 (+8.64), SWK: 106.05 (+0.58), LRCX: 74.57 (+1.96), CMG: 649.72 (-0.90), TXN: 58.98 (+0.89), GM: 35.95 (+0.53), DOW: 50.32 (+0.40), SNDK: 78.37 (+1.28)
SanDisk Downgraded After Megadeal; eBay Gets New PT
at Investor's Business Daily - Thu Oct 22, 3:23PM CDT
SanDisk (SNDK) got several downgrades 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: 92.02 (-1.79), SWI: 57.96 (-0.03), V: 77.07 (+0.65), EBAY: 28.16 (+0.58), NKE: 130.53 (-1.88), LRCX: 74.57 (+1.96), RHT: 77.39 (+0.42), GPS: 26.95 (-0.36), KLAC: 65.35 (+0.45), ULTA: 165.91 (-2.11), BA: 146.70 (+0.39), WDC: 69.34 (-0.62), LULU: 48.49 (-3.84), SNDK: 78.37 (+1.28)
SANDISK CORP. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
PR Newswire - Thu Oct 22, 1:52PM CDT
Rigrodsky & Long, P.A.:
WDC: 69.34 (-0.62), SNDK: 78.37 (+1.28)
How Short Sellers Run this Market: Part 2
at The Street - Thu Oct 22, 12:00PM CDT
Now, the sectors where the shorts got slammed.
KO: 42.79 (-0.45), MMM: 155.79 (-0.21), GE: 29.51 (-0.07), CLX: 123.25 (-0.35), UTX: 100.62 (+0.83), DAL: 51.00 (+0.19), KMB: 121.24 (+0.44), WDC: 69.34 (-0.62), BA: 146.70 (+0.39), INTC: 34.90 (+0.50), PEP: 102.43 (-0.65), JPM: 63.87 (+0.68), TXN: 58.98 (+0.89), MCD: 112.59 (+1.72), 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)
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: 78.37 (+1.28)
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: 23.13 (+0.17), WDC: 69.34 (-0.62), SNDK: 78.37 (+1.28), JNPR: 31.49 (+1.73)
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: 58.18 (+1.39), EMC: 26.10 (+0.32), 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)
SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of SanDisk Corp. And Encourages Investors To Contact The Firm For Additional Information
Business Wire - 1 hr 11 mins ago
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of SanDisk Corp. (NasdaqGS: SNDK) ("SanDisk" or the "Company"
relating to the proposed buyout of the Company by Western Digital Corp., in a transaction valued at approximately $19 billion. WDC: 69.34 (-0.62), SNDK: 78.37 (+1.28)
SmarTrend Watching for Potential Pullback in Shares of SanDisk After 1.66% Gain
Comtex SmarTrend(R) - 2 hrs 25 mins ago
SanDisk (NASDAQ:SNDK) traded in a range yesterday that spanned from a low of $77.01 to a high of $78.83. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $78.50 on volume of 6.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SNDK: 78.37 (+1.28)
Look for Shares of SanDisk to Potentially Pullback after Yesterday's 1.66% Rise
Comtex SmarTrend(R) - 2 hrs 25 mins ago
SanDisk (NASDAQ:SNDK) traded in a range yesterday that spanned from a low of $77.01 to a high of $78.83. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $78.50 on volume of 6.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SNDK: 78.37 (+1.28)
EQUITY ALERT: Rosen Law Firm Announces Investigation of SanDisk Corporation Concerning its Proposed Sale to Western Digital Corporation - SNDK
Business Wire - 2 hrs 32 mins ago
Rosen Law Firm, a global investor rights law firm, announces that it is investigating the Board of Directors of SanDisk Corporation (NASDAQ:SNDK) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop SanDisk to maximize shareholder value before agreeing to be acquired by Western Digital Corporation (NASDAQ:WDC).
WDC: 69.34 (-0.62), SNDK: 78.37 (+1.28)
It's Been a Great Week, but Don't Get Cocky
at The Street - Fri Oct 23, 2:30PM CDT
There's some good news in the headlines, but potential threats lurk.
AMZN: 599.03 (+35.12), VRX: 116.16 (+6.29), SONC: 27.74 (+0.04), IBM: 144.68 (+0.59), P: 12.39 (-6.80), FB: 102.19 (+2.52), WYNN: 67.60 (+4.42), DIS: 113.09 (-0.16), MCD: 112.59 (+1.72), GOOGL: 719.33 (+38.19), WDC: 69.34 (-0.62), SNDK: 78.37 (+1.28)
SANDISK CORP. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Believe the Acquisition by Western Digital May be Unfair to Shareholders
Business Wire - Fri Oct 23, 1:16PM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of SanDisk Corp. ("SanDisk"
(NasdaqGS: SNDK) concerning the acquisition by Western Digital. Under the terms of the agreement, valued at approximately $19 billion, SanDisk shareholders will only receive $67.50 in cash and 0.2387 shares of Western Digital common stock per SanDisk stock held if the previously announced investment in Western Digital by Unisplendour Corporation Limited has not occurred prior to the acquisition. However, if the Unisplendour transaction closes prior to this acquisition, SanDisk shareholders will only receive $85.10 in cash and 0.0176 shares of Western Digital common stock for each SanDisk stock held. The consideration is significantly lower than at least one analyst's estimated value of $90.00. WDC: 69.34 (-0.62), SNDK: 78.37 (+1.28)
SANDISK SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of SanDisk Corp. (SNDK) Over the Proposed Sale of the Company to Western Digital Corporation
Business Wire - Fri Oct 23, 12:19PM CDT
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of SanDisk Corp. ("SanDisk" or the "Company"
(NasdaqGS:SNDK) for potential breaches of fiduciary duties in connection with the sale of the Company to Western Digital Corporation for approximately $19 billion in a cash and common stock transaction. WDC: 69.34 (-0.62), SNDK: 78.37 (+1.28)
Downgrade Alert for SanDisk (SNDK)
Comtex SmarTrend(R) - Fri Oct 23, 7:10AM CDT
SanDisk (NASDAQ:SNDK) was downgraded from Buy to Neutral at B. Riley today. The stock closed yesterday at $77.09 on volume of 10.0 million shares, above average daily volume of 6.0 million. Over the past year, SanDisk has traded in a range of $44.28 to $106.64 and closed yesterday at $77.09, 74% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 2.2%.
SNDK: 78.37 (+1.28)
IBM, Dell Inc., EMC Corporation, NetApp, Inc., HP And SanDisk Corporation Aiming For The Top Spot In The Global Next Generation Storage Market
PR Newswire Europe - Fri Oct 23, 5:31AM CDT
BANGALORE, October 23, 2015 /PRNewswire/ --
IBM: 144.68 (+0.59), EMC: 26.10 (+0.32), SNDK: 78.37 (+1.28)
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)
Dow Chemical and eBay are big market movers
AP - Thu Oct 22, 3:28PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
KO: 42.79 (-0.45), VRX: 116.16 (+6.29), AXP: 74.59 (+2.09), BA: 146.70 (+0.39), CTXS: 81.14 (+0.56), VRX.TO: 152.69 (+8.64), SWK: 106.05 (+0.58), LRCX: 74.57 (+1.96), CMG: 649.72 (-0.90), TXN: 58.98 (+0.89), GM: 35.95 (+0.53), DOW: 50.32 (+0.40), SNDK: 78.37 (+1.28)
SanDisk Downgraded After Megadeal; eBay Gets New PT
at Investor's Business Daily - Thu Oct 22, 3:23PM CDT
SanDisk (SNDK) got several downgrades 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: 92.02 (-1.79), SWI: 57.96 (-0.03), V: 77.07 (+0.65), EBAY: 28.16 (+0.58), NKE: 130.53 (-1.88), LRCX: 74.57 (+1.96), RHT: 77.39 (+0.42), GPS: 26.95 (-0.36), KLAC: 65.35 (+0.45), ULTA: 165.91 (-2.11), BA: 146.70 (+0.39), WDC: 69.34 (-0.62), LULU: 48.49 (-3.84), SNDK: 78.37 (+1.28)
SANDISK CORP. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
PR Newswire - Thu Oct 22, 1:52PM CDT
Rigrodsky & Long, P.A.:
WDC: 69.34 (-0.62), SNDK: 78.37 (+1.28)
How Short Sellers Run this Market: Part 2
at The Street - Thu Oct 22, 12:00PM CDT
Now, the sectors where the shorts got slammed.
KO: 42.79 (-0.45), MMM: 155.79 (-0.21), GE: 29.51 (-0.07), CLX: 123.25 (-0.35), UTX: 100.62 (+0.83), DAL: 51.00 (+0.19), KMB: 121.24 (+0.44), WDC: 69.34 (-0.62), BA: 146.70 (+0.39), INTC: 34.90 (+0.50), PEP: 102.43 (-0.65), JPM: 63.87 (+0.68), TXN: 58.98 (+0.89), MCD: 112.59 (+1.72), 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)
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: 78.37 (+1.28)
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: 23.13 (+0.17), WDC: 69.34 (-0.62), SNDK: 78.37 (+1.28), JNPR: 31.49 (+1.73)
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: 58.18 (+1.39), EMC: 26.10 (+0.32), 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)
