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Montrose Securities Moves Micron Technology To Hold
Wednesday, June 22, 2011 - 6:07am | 32Montrose Securities has moved its rating on Micron Technology (NASDAQ: MU) from Not Rated to Hold and has established a 12-month fair value of $11.
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Stakeholder Engagement: Collaborating for Bottom Line Benefits
Wednesday, June 22, 2011 - 5:00am | 55This post is part of a series on Stakeholder Engagement sponsored by Jurat Software. By Cindy Mehallow “Do companies compete over CSR?” asked Tim Mohin, corporate responsibility director for Advanced Micro Devices (AMD), as he addressed a session at the recent Responsible Business Summit sponsored...
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Mad Money Lightning Round: Cramer Likes MAKO Surgical, John Deere
Wednesday, June 22, 2011 - 12:42am | 308On CNBC's Mad Money, Jim Cramer said during the Lightning Round that MAKO Surgical (NASDAQ: MAKO) is a “company that has strong momentum. They've got the mojo." Cramer doesn't recommend buying Bitauto Holdings (NYSE: BITA). He said, "It's time to cut and run and take your losses. No Chinese...
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Benzinga's Top ETF Decliners, June 21st (SOXS, TVIX, SRTY, SQQQ)
Tuesday, June 21, 2011 - 6:24pm | 186Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) dropped 7.47% on Tuesday as the semiconductor stocks traded higher. Advanced Micro Devices, Inc. (NYSE: AMD) gained 4.79%, and Teradyne, Inc. (NYSE: TER) added 3.97%. VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) fell 6.78% in the...
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Benzinga's Top ETF Gainers, June 21st (SOXL, NUGT, URTY, TQQQ)
Tuesday, June 21, 2011 - 6:08pm | 181Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) spiked 7.53% on Tuesday, and it closed at $42.13. In the semiconductor space, Advanced Micro Devices, Inc. (NYSE: AMD) jumped 4.79%, and Cisco Systems, Inc. (NASDAQ: CSCO) added 2.44%. Direxion Daily Gold Miners Bull 2X Shares (NYSE: NUGT)...
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ReneSola Getting Clobbered and Might Not Get Back Up
Tuesday, June 21, 2011 - 1:50pm | 332It was as if investors rubbed on flaxseed oil and took baseball bats to Chinese solar companies. ReneSola (NYSE: SOL) was hit particularly hard and it continues being beaten. On a day when shares of leading Chinese solar companies are rising, ReneSola is hitting a new 52-week low, bettering the 52...
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New iPhone Soon?
Tuesday, June 21, 2011 - 10:51am | 145Boy Genius Report has an article that the next version of Apple's (NASDAQ: AAPL) iPhone will not be just an upgraded iPhone 4, but it will have many new features, including a new case design. Analysts are expecting that Apple will announce the phone in September, when it does its annual iPod...
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NASDAQ Stocks Hitting 52-Week Lows
Tuesday, June 21, 2011 - 10:24am | 129Westwood One Inc (NASDAQ: WWON) shares fell 2.83% to create a new 52-week low of $4.80. WWON's trailing-twelve-month ROE is -1,042.55%. Vimicro International Corporation (NASDAQ: VIMC) shares dropped 3.55% to create a new 52-week low of $1.90. VIMC reported the promotions of Mr. Yundong Zhang to...
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Hearing Advanced Micro Devices Will Get a New CEO from IBM -Rumor
Tuesday, June 21, 2011 - 9:47am | 34Hearing circulating rumors that Advanced Micro Devices (NYSE: AMD) might get a new CEO from IBM (NYSE: IBM)
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Wedbush Reiterates Outperform on Micron Technology
Tuesday, June 21, 2011 - 9:00am | 157Wedbush is out with its report today on Micron Technology (NYSE: MU), maintaining Outperform. In a note to clients, Wedbush writes, "We reiterate our OUTPERFORM rating and $15 PT on Micron ahead of its FQ3 (May) results set to be reported AMC on Thursday, June 23. While investor sentiment on...
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Benzinga's Top Pre-Market Losers
Tuesday, June 21, 2011 - 8:33am | 116Walgreen Co (NYSE: WAG) fell 5.05% to $42.90 in the pre-market session. WAG reported a 30% rise in its fiscal third-quarter profit Prospect Capital Corporation (NASDAQ: PSEC) dipped 4.49% to $10.20 in the pre-market session. PSEC reported that it is offering 10,000,000 shares of its common stock...
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Goldman Sachs Lowers Price Target On Micron Technology To $7.50.
Tuesday, June 21, 2011 - 8:09am | 84According to Goldman Sachs, Micron Technology (NYSE: MU) will be reporting earnings on June 23 after the market close. Goldman Sachs said that it believes that May-quarter results will be slightly above the Street due to better contract pricing in April on post-earthquake pull-in demand, lower...
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Sterne Agee Comments on Skyworks Acquisitions
Tuesday, June 21, 2011 - 7:58am | 90Sterne Agee is providing a few words on Skyworks Solutions' (NASDAQ: SWKS) recent acquisitions. “We believe the new acquisitions of SiGe-AATI, which are expected to be immediately accretive upon closing, will add $0.03-0.06 per quarter ($0.24 post-close for 4 quarters),” Sterne Agee writes. “Our...
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Goldman Sachs Lowers PT On Micron Technology To $7.50
Tuesday, June 21, 2011 - 6:21am | 27Goldman Sachs has lowered the price target on Micron Technology (NASDAQ: MU) from $8 to $7.50 and maintains its Sell rating.
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Greece is the Word 06-20-2011
Monday, June 20, 2011 - 7:53pm | 728Cusick's Corner The market held into the After Hours and now overnight and into the early morning, all eyes will be on the Vote in Greece. The wild card here is if the Greeks do not vote confidence in the government and hold up the austerity, then default is a hotter button issue again for the EU...