CloudBees, a Lewes, Del.-based start-up focused on cloud computing, has raised $4 million in a first round of venture funding led by Matrix Partners. The company will use the financing to build out its cloud-agnostic, cloud-native Java platform-as-a-service. As a result of the financing, Matrix’s David Skok and individual investor Bob Bickel will join the...
Shares of SanDisk (SNDK) are up $1.88, or 4.4%, at $44.84 after UBS Securities’s Uche Orji noted SanDisk (SNDK) was among several “secular growers” in an otherwise “range-bound” semiconductor market.
Citing “drivers&...
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Ciena Corp (CIEN), Analyst Initiations, Deere and Co (DE), SanDisk Corp (SNDK), Southern Company (SO), Potash Corp. of Saskatchewan (POT)Analyst Upgrades
SanDisk (SNDK) was upgraded to...
Shares of SanDisk (SNDK) are up $2.67, or almost 7%, at $42.65 after R.W. Baird & Co. analyst Tristan Gerra today raised his rating on the stock to Outperform from Neutral, and hiked his price target to $56 from $42.
Gerra says pricing for NAND fla...
Columnist Shlomi Cohen with Israeli paper Globes today reiterates his contention that SanDisk (SNDK) will go private, responding, he says, to a “bombardment” of questions following his article last week.
“Obviously I have no informati...
At the end of this year, SanDisk (SNDK) CEO Eli Harari will retire from the flash-memory giant he founded, to be replaced by his long-time sidekick Sanjay Mehrotra, now the company’s COO. He’ll be leaving the company at a time when the bu...
SanDisk Corp. (SNDK)
Q3 2010 Earnings Call
October 21, 2010 5:00 pm ET
Complete Story »
SanDisk (SNDK) this afternoon posted Q3 revenue of $1.23 billion, about in line with the Street at $1.24 billion. But non-GAAP EPS of $1.30 a share was nicely ahead of the Street at $1.05.
Non-GAAP gross margin the quarter was 52.2%, up from 46.7% in Q...
STEC (STEC) shares are trading higher rumors that the company could be acquired by SanDisk (SNDK), according to Briefing.com.
On the surface, that seems logical; SNDK makes NAND flash storage, and STEC makes NAND-based solid-state drives for the enterp...
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Apple Inc (AAPL), Time Warner (TWX), Walt Disney (DIS), Viacom (VIA), Whole Foods Market (WFMI), Analyst Initiations, SanDisk Corp (SNDK), Intuitive Surgical Inc (ISRG)Analyst Upgrades
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Sterne Agree analyst Vijay Rakesh this morning downgrades shares of memory chip makers Micron (MU) and SanDisk (SNDK).
On SanDisk, Rakesh cuts his rating to Neutral from Buy. “We believe peaking consumer builds into October and slowing share gain...
SanDisk (SNDK) shares are having a miserable week, thanks to Street worries about a sharp price decline for TLC NAND memory chip pricing.
“TLC” refers to 3-bit-per-cell NAND chips, a type used in USB memory devices, MP3 players and camera f...
