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Fly News Breaks for October 21, 2015
INTC, MU
Oct 21, 2015 | 07:34 EDT
As previously reported, BofA/Merrill downgraded Micron (MU) to Underperform from Neutral and lowered its price target to $12.50 from $17. Analyst Simon Dong-je Woo said Intel's (INTC) unexpected capex plan to spend $5.5B to convert its existing CPU fab in Dallan, China into NAND will add 5-7% to global NAND supply once completed. Dong-je Woo said the NAND industry already faces a glut and is also concerned Intel's move poses a conflict with the joint-venture fab in the US it has with Micron.
News For MU;INTC From the Last 2 Days
INTC
Apr 25, 2024 | 17:21 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSSnap (SNAP) up... To see the rest of the story go to thefly.com. See Story Here
INTC
Apr 25, 2024 | 16:03 EDT
INTC
Apr 25, 2024 | 16:02 EDT
INTC
Apr 25, 2024 | 13:09 EDT
INTC
Apr 25, 2024 | 13:04 EDT
Pre-earnings options volume in Intel is normal with calls leading puts 2:1. Implied volatility suggests the market is anticipating a move near 5.6%, or $1.96, after results are released. Median move over the past eight quarters is 7.8%.
INTC
Apr 25, 2024 | 11:44 EDT
Intel (INTC) is scheduled to report results of its fiscal first quarter after the market close on April 25, with a conference call scheduled for 5:00 pm ET. What to watch... To see the rest of the story go to thefly.com. See Story Here
MU
Apr 25, 2024 | 05:20 EDT
