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Micron: If a Deal Were to Happen, Look Out For Oversupply, Says Morgan Stanley

2015-07-14 19:01:24| Semiconductors - Topix.net

As I mentioned earlier , Micron Technology has gotten one upgrade this morning based on speculation of a $21-per-share bid by Chinese government-backed chip maker Tsinghua Unigroup. Morgan Stanley 's Joseph Moore raised his rating on the stock to Equal Weight from Underweight, writing that the re-valuation of Micron's potential as a take-out target "puts a floor" under the stock price even though there are still worries about the DRAM market.

Tags: says deal happen morgan

 

Stanley Furniture Earnings Preview

2015-07-14 12:52:04| Furniture - Topix.net

Furniture manufacturer Stanley Furniture Company, Inc. is slated to announce Q2 FY15 results on July 28th after the market closes. The Street is looking for revenues of $14.91 million.

Tags: furniture preview earnings stanley

 
 

Stanley Black & Decker - The Right Stock To Fix Up Your Portfolio

2015-06-21 11:33:20| Appliances - Topix.net

At first blush Stanley Black & Decker looks like a fairly boring business. I mean how often do people really need to replace tools? If you look in my garage I still have my original screwdriver set which measures its life in decades, not years.

Tags: your up black stock

 

Don't Expect A Big Dividend Boost From Stanley Black & Decker This Year

2015-06-20 02:07:11| Appliances - Topix.net

Trading close to their 52-week high, shares in SWK are now yielding less than 2% for the first time in years. Buying at current prices will get investors a yield on cost of between 2.7% and 3.0% in fiscal year 2019.

Tags: this year black big

 

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.

Tags: prices falls morgan weak

 

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