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Mike Shedlock - No Rebound in Manufacturing: "Surprisingly Weak"...

2015-06-16 12:11:49| Auto Dealers - Topix.net

Following the rebound in consumer spending , economists expected a rebound in Industrial Production. Instead, last month was revised lower, and this month was not only negative but also lower than any economist's estimate in the Bloomberg Econoday Consensus Range .

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Micron Falls: DRAM Prices Weak, Says Morgan Stanley, Apple's iPhone Notwithstanding

2015-06-15 17:14:56| Semiconductors - Topix.net

Shares of DRAM and NAND maker Micron Technology are down $1.11, or 4.4%, at $24.02, after Morgan Stanley's Joseph Moore cut his rating on the shares to Underweight from Equal Weight, and cut his price target to $21 from $30, writing that a build-up in DRAM memory chips and a ratcheting-back of DRAM use in mobile devices means pricing and volume will be weak. Pricing of DRAM, based on his "checks" with entities in Taiwan, is weak in PC, servers , and in graphics applications, writes Moore: Everyone we talked to believed that PC, server, and graphics pricing will remain under pressure in 3q, and several believed it will remain pressured all year, while others were more optimistic about a seasonal recovery in 4q.

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GM workers to be laid off due to weak small car sales

2015-06-14 04:32:22| Auto Dealers - Topix.net

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Hog Outlook: Domestic Pork Demand Strong, Exports Weak

2015-06-08 02:00:00| ThePigSite - Industry News

US - Domestic meat demand has been strong in recent months, but export demand has been weak. Domestic pork demand was up two per cent in April.

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Micron Technology: Investors Should Not Be Discouraged By Weak Second Quarter Results

2015-06-08 01:00:03| Semiconductors - Topix.net

Micron Technology's stock price fell due to its soft second-quarter results for 2015. However, management looks confident of making a comeback ad believes that Micron can perform better in the upcoming quarters.

Tags: results technology second quarter

 

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