-
Diodes Incorporated Invests in Eris Technology Corporation
Friday, June 24, 2011 - 9:01am | 124Diodes Incorporated (Nasdaq: DIOD) today announced an agreement to invest in Eris Technology Corporation, a publicly traded company listed as an Emerging Stock on the Taiwan OTC Exchange that provides design, manufacturing and after-market services for diode products. Eris has announced that it...
-
Goldman Sachs Neutral On Micron After Earnings
Friday, June 24, 2011 - 9:00am | 241Goldman Sachs has a Neutral rating on shares of Micron (NYSE: MU) after the company reported earnings last night. The stock is on Americas Sell List, and it has a $7 price target on shares. In the research note, Goldman writes, "Although we now see less absolute downside in the stock (based on...
-
Benzinga's Top Pre-Market NASDAQ Losers
Friday, June 24, 2011 - 8:26am | 131Pain Therapeutics (NASDAQ: PTIE) dipped 32.25% to $6.26 in the pre-market session. Pfizer (NYSE: PFE) and PTIE received a Complete Response Letter from the US Food and Drug Administration (FDA) on the resubmission to the new drug application (NDA) for REMOXY. Durect Corporation (NASDAQ: DRRX)...
-
Stifel Nicolaus Lowers PT On Micron Technology To $11
Friday, June 24, 2011 - 8:18am | 27Stifel Nicolaus has lowered the price target on Micron Technology (NASDAQ: MU) from $17 to $11 and maintains its Buy rating.
-
Deutsche Bank Updates 6/24
Friday, June 24, 2011 - 8:10am | 504Deutsche Bank made a number of updates in a research report published today. NASDAQ OMX (NASDAQ: NDAQ) had its rating reiterated at Hold. At the same time, however, its price target was lowered from $30 to $27. On Thursday, NASDAQ lost 2.59% of its value to close the day at $23.35. CBOE Holdings...
-
UPDATE: Citi Lowers PT on Micron Technology to $10.50
Friday, June 24, 2011 - 7:29am | 153Citi is out with its report today on Micron Technology (NYSE: MU), lowering its PT from $13 to $10.50. In a note to clients, Citi writes, "Micron reported a modest improvement in FCF after three consecutive quarters of decline and now trades at 1.0x book value (0.89x using after-market). We expect...
-
Credit Suisse Updates 6/24/11
Friday, June 24, 2011 - 7:21am | 325Credit Suisse made a number of updates in a research report published today, Southern Company (NYSE: SO) had its rating upgraded from Neutral to Outperform. At the same time, its price target was raised from $40 to $45. On Thursday, Southern lost 0.56% of its value to close the day at $39.34. Its...
-
Wedbush Lowers PT On Micron Technology To $12.50
Friday, June 24, 2011 - 7:17am | 27Wedbush Securities has lowered the price target on Micron Technology (NASDAQ: MU) from $15 to $12.50 and maintains its Outperform rating.
-
Morgan Stanley Lowers PT On Micron Technology To $12
Friday, June 24, 2011 - 6:23am | 27Morgan Stanley has lowered the price target on Micron Technology (NASDAQ: MU) from $13 to $12 and maintains its Overweight rating.
-
Citigroup Lowers PT On Micron Technology To $10.50
Friday, June 24, 2011 - 6:04am | 26Citigroup has lowered the price target on Micron Technology (NASDAQ: MU) from $13 to $10.50 and maintains its Hold rating.
-
Credit Suisse Changes PT On AGU, CAH, DFS, MU
Friday, June 24, 2011 - 5:48am | 71Credit Suisse has changed the price target on the following companies: Agrium (NYSE: AGU) Outperform, from $108 to $111 Cardinal Health (NYSE: CAH) Outperform, from $51 to $53 Discover Financial Services (NYSE: DFS) Neutral, from $25 to $28 Micron Technology (NASDAQ: MU) Outperform, from $15 to...
-
Stocks to Watch for 6/24/11: Fresh 52 Week Highs and Lows
Friday, June 24, 2011 - 4:30am | 2005Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session: 1) Bristol-Myers Squibb (NYSE: BMY): Shares of Bristol-Myers Squibb hit a 52-week...
-
Stocks To Watch For June 24
Friday, June 24, 2011 - 12:52am | 384Some of the stocks that may grab investor focus today are: Oracle Corp (NASDAQ: ORCL) posted better-than-expected quarterly profit. Oracle reported its FQ4 net income at $3.2 billion, or $0.62 per share, up from $2.4 billion, or $0.46 per share, in the year-ago period. Its revenue surged to $10.8...
-
Benzinga's Top ETF Decliners, June 23rd (DRN, AGQ, UCO, SOXS)
Thursday, June 23, 2011 - 6:55pm | 193Direxion Daily Real Estate Bull 3X (ETF) (NYSE: DRN) led the decliners among the ETFs on Thursday, with a decrease in price of 6.50%. In the real estate space, Boston Properties, Inc. (NYSE: BXP) dropped 2.89%, and it closed at $103.67. ProShares Ultra Silver (ETF) (NYSE: AGQ) traded lower today,...
-
Benzinga's Top ETF Gainers, June 23rd (ZSL, DRV, SCO, SOXL)
Thursday, June 23, 2011 - 6:46pm | 190ProShares UltraShort Silver (ETF) (NYSE: ZSL) gained 6.51% today as silver futures struggled. ZSL closed at $18.50. and it had a volume of 14.35M traded shares. Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) jumped 6.01%, and closed at $13.22. In the real estate space, Boston Properties, Inc...