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Intel Corporation Shares Drop; Analysts Voice Caution
Wednesday, October 15, 2014 - 1:34pm | 269Read More...Intel Corporation (NASDAQ: INTC) fell sharply Wednesday after analysts dug through its third-quarter data and sounded caution on the chipmaker's outlook. Santa Clara, California- based Intel, which relies heavily on the market for personal computers, posted a 15 percent gain in shipments...
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Summit Downgrades Cree To Hold
Wednesday, August 13, 2014 - 8:40am | 45Read More...Analysts at Summit downgraded Cree (NASDAQ: CREE) from Buy to Hold. Cree shares have dropped 16.37% over the past 52 weeks, while the S&P 500 index has gained 14.74% in the same period. Cree's shares dropped 9.33% to $44.61 in pre-market trading.
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Summit Maintains On Tableau Software
Friday, August 1, 2014 - 12:02pm | 101Read More...In a report released Friday, Summit analyst Srini Nandury maintained a Hold rating on Tableau Software (NYSE: DATA), while increasing its price target from $60 to $62. Analysts at Summit favor Tableau Software recent second quarter earnings, beating consensus expectations in revenue and raising...
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Summit Talks Up Micron, Says Samsung DRAM Expansion Is A Moot Point
Thursday, July 31, 2014 - 4:21pm | 192Read More...Samsung Electronics' plan to boost in-house production of memory chips sent shares of Micron Technology (NASDAQ: MU) reeling Thursday, but one analyst said smart money should be buying. "Samsung is merely confirming a DRAM shortage," Summit's Srini Sundararajan said in a note...
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Summit Analysts Comment On KLA-Tencor's Earnings Miss
Friday, July 25, 2014 - 9:32am | 255Read More...Shares of KLA-Tencor (NASDAQ: KLAC) were down almost five percent following a seven percent earnings miss. “After the typical seasonal binge of orders in Jun Q for KLAC, there is a hangover period in CQ3 and KLAC will likely guide down (only once in last 10 years has the Sep Q been up)....
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3 Analysts Say SanDisk Is Likely To Extend Q2 Growth Rate
Tuesday, July 15, 2014 - 11:53am | 299Read More...SanDisk (NASDAQ: SNDK) is expected to continue to show strong revenue and earnings growth when it posts results Wednesday, but some analysts say the stock is priced too richly. SanDisk traded Tuesday morning at $105.24 per share, down 0.3 percent. Its 52-week high is $106.93. "We got off...
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Analysts Eager To Comment On Oracle's Acquisition Of Micros
Monday, June 23, 2014 - 1:39pm | 467Read More...Analysts are eager to comment on Oracle's (NYSE: ORCL) recently announced acquisition of MICROS Systems (NASDAQ: MCRS). Details of the Acquisition In a press release on Monday, Oracle announced that "it has entered into a definitive agreement to acquire MICROS Systems, a provider...
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Will Lionsgate's 'Divergent' Become The Next 'Twilight' Or 'Hunger Games'?
Tuesday, March 18, 2014 - 11:22am | 780Read More...Lionsgate's (NYSE: LGF) The Hunger Games proved to be a big hit with moviegoers and investors alike. But can the studio's next book-to-film franchise, Divergent, provide a similar degree of success? Early media hype indicates the answer is, yes. According to The Hollywood Reporter,...
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Using Social Media To Cash In On Lionsgate And 'The Hunger Games'
Friday, February 28, 2014 - 5:00pm | 765Read More...Were you one of the lucky investors to notice Lionsgate (NYSE: LGF) before its first blockbuster was released? Chris Camillo, a self-directed investor and author of Laughing at Wall Street, became interested in the company after recognizing the potential for The Hunger Games. "There was a point...
