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TOSBF

Toshiba, also use TOSYY

$3.02

-0.03 (-0.98%)

, TOSYY

Toshiba, also use TOSBF

$18.20

-0.11 (-0.60%)

17:58
10/18/17
10/18
17:58
10/18/17
17:58

Japan regulators probing Toshiba reporting practices for FY16/17, Nikkei says

Japan's Securities and Exchange Surveillance Commission has launched a probe into Toshiba's accounting practices to determine whether the company properly handles losses related to its Westinghouse unit, Nikkei reports. The regulators will review exchanges between the company and its auditor to determine how the latter decided to provide a "qualified" approval of losses related to Westinghouse. Reference link: Reference Link

TOSBF

Toshiba, also use TOSYY

$3.02

-0.03 (-0.98%)

TOSYY

Toshiba, also use TOSBF

$18.20

-0.11 (-0.60%)

TOSBF Toshiba, also use TOSYY
$3.02

-0.03 (-0.98%)

09/25/17
MSCO
09/25/17
NO CHANGE
Target $123
MSCO
Overweight
Western Digital shares overreacted to JV news from Toshiba, says Morgan Stanley
After Toshiba (TOSYY) selected a Bain-led consortium as the preferred buyer of its Toshiba Memory Corporation business, Morgan Stanley analyst Katy Huberty said the reaction in Western Digital (WDC) shares to the news was an overreaction. She notes that the deal is an investment only, not a transfer of IP or manufacturing knowledge, and Western Digital has already filed additional arbitration proceedings. The analyst, who thinks both Toshiba and Western are best served by working closely to continue the joint venture, keeps an Overweight rating and $123 price target on WD shares.
10/02/17
10/02/17
UPGRADE
Target $50

Buy
Seagate upgraded to Buy at Craig-Hallum
As previously reported, Craig-Hallum analyst Christian Schwab upgraded Seagate (STX) to Buy from Hold as he believes Q1 results are tracking in line with Street expectations, and his checks suggest Seagate is seeing traction with its 10TB drives and certain pricing activity from Western Digital is further benefiting the company. The analyst also takes comfort in ValueAct's nearly $1B investment in Seagate, and is encouraged by the announcement that Seagate is part of the Bain consortium that signed a Share Purchase Agreement for Toshiba's (TOSBF; TOSYY) memory business with expectations to enter into a long-term NAND supply agreement with Toshiba Memory for continuity of raw NAND for Seagate's expanding SSD portfolio. Schwab also raised his price target on Seagate's shares to $50 from $37.
10/03/17
LEHM
10/03/17
NO CHANGE
Target $131
LEHM
Overweight
Western Digital could win injunctive relief against Toshiba, says Barclays
Toshiba (TOSYY) could fail to close its sale of Toshiba Memory Corporation to a Bain-led consortium due to contractual-based consent rights that are in place, Barclays analyst Mark Moskowitz tells investors in a research note titled "Don't Head for the Exit; WD Has Legal & Regulatory Support in Its Corner." After reviewing the Flash Ventures joint venture agreements between Toshiba Memory and Western Digital's (WDC) SanDisk, the analyst sees legal and regulatory hurdles to the proposed transaction. Moskowitz believes SanDisk could file for and win injunctive relief, ultimately forcing Toshiba to reconsider a deal favorable to Western Digital. The analyst keeps an Overweight rating on Western Digital shares with a $131 price target.
10/13/17
COWN
10/13/17
NO CHANGE
Target $117
COWN
Outperform
Fab 6 resolution paramount to Western Digital's strategy, says Cowen
Cowen analyst Karl Ackerman said a resolution with Toshiba (TOSBF) over Fab 6 remains paramount to Western Digital's (WDC) NAND tech road map and he has confidence bargaining chips are still on the table. He believes the company's NAND business continues to be under-modeled by the Street. Ackerman has an Outperform rating and $117 price target on Western Digital shares.
TOSYY Toshiba, also use TOSBF
$18.20

-0.11 (-0.60%)

10/05/17
DBAB
10/05/17
DOWNGRADE
Target $80
DBAB
Hold
Western Digital downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank analyst Sherri Scribner last night downgraded Western Digital (WDC) to Hold and cut her price target for the shares to $80 from $105. Uncertainty over the sale of Toshiba's (TOSYY) memory business as well as a peaking NAND cycle warrant a cautious view, Scribner tells investors in a research note. NAND market tightness will start to ease in 2018, suggesting a cycle peak is nearing, the analyst contends. She advises investors to take a "more cautious, wait-and-see approach" with respect to Western Digital shares.

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CRM

Salesforce

$108.80

1.43 (1.33%)

16:17
11/21/17
11/21
16:17
11/21/17
16:17
Earnings
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$NSD

NASDAQ Market Internals

16:17
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GES

Guess

$17.94

0.16 (0.90%)

16:17
11/21/17
11/21
16:17
11/21/17
16:17
Earnings
Guess sees Q4 adjusted EPS 48c-55c, consensus 52c »

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GES

Guess

$17.94

0.16 (0.90%)

16:16
11/21/17
11/21
16:16
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16:16
Earnings
Guess reports Q3 adjusted EPS 12c, consensus 12c »

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$NYE

NYSE Market Internals

16:16
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Technical Analysis
NYSE market internals summary »

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AVA

Avista

$51.64

-0.19 (-0.37%)

16:14
11/21/17
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Avista shareholders approve acquisition by Hydro One at $53 per share »

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AXTA

Axalta Coating

$33.85

0.31 (0.92%)

, AKZOY

AkzoNobel

$30.57

0.085 (0.28%)

16:14
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11/21
16:14
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16:14
Periodicals
Axalta Coating, AkzoNobel abandon merger talks, WSJ says »

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AXTA

Axalta Coating

$33.85

0.31 (0.92%)

AKZOY

AkzoNobel

$30.57

0.085 (0.28%)

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CRM

Salesforce

$108.48

1.11 (1.03%)

16:12
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16:12
Hot Stocks
Salesforce CEO: 'We're on a path to exceed $20 billion' »

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CRM

Salesforce

$108.58

1.21 (1.13%)

16:11
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16:11
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16:11
Hot Stocks
Breaking Hot Stocks news story on Salesforce »

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HPQ

HP Inc.

$22.45

0.33 (1.49%)

16:10
11/21/17
11/21
16:10
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16:10
Hot Stocks
HP Inc. drops 6% in afterhours trading after earnings, guidance »

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CRM

Salesforce

$108.55

1.18 (1.10%)

16:10
11/21/17
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16:10
Hot Stocks
Salesforce reports deferred revenue $4.39B, up 26% y/y »

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HPE

HP Enterprise

$14.15

0.055 (0.39%)

16:09
11/21/17
11/21
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11/21/17
16:09
Earnings
Breaking Earnings news story on HP Enterprise »

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GME

GameStop

$16.64

0.2 (1.22%)

16:09
11/21/17
11/21
16:09
11/21/17
16:09
Earnings
GameStop sees FY17 EPS $3.10-$3.40, consensus $3.31 »

Sees FY17 comparable…

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  • 21

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CRM

Salesforce

$108.45

1.0775 (1.00%)

16:09
11/21/17
11/21
16:09
11/21/17
16:09
Earnings
Salesforce sees FY19 revenue $12.45B-$12.5B »

An increase of 19%-20%…

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QADB

QAD Inc

$31.74

1.74 (5.80%)

16:08
11/21/17
11/21
16:08
11/21/17
16:08
Earnings
QAD sees FY18 revenue $300M-$302M, consensus $294.59M »

FY18 revenue view…

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HPQ

HP Inc.

$22.46

0.335 (1.51%)

16:08
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HP Inc. says results demonstrate HP 'strong and getting stronger' »

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  • 21

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CRM

Salesforce

$108.60

1.24 (1.16%)

16:08
11/21/17
11/21
16:08
11/21/17
16:08
Earnings
Salesforce raises FY18 adjusted EPS view to $1.32-$1.33 from $1.29-$1.31 »

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HPE

HP Enterprise

$14.16

0.065 (0.46%)

16:08
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Hot Stocks
HP Enterprise announces Antonio Neri to replace Meg Whitman as CEO »

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QADB

QAD Inc

$31.74

1.74 (5.80%)

16:07
11/21/17
11/21
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11/21/17
16:07
Earnings
QAD reports Q3 GAAP EPS (1c), consensus 7c »

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HPQ

HP Inc.

$22.45

0.33 (1.49%)

16:07
11/21/17
11/21
16:07
11/21/17
16:07
Earnings
HP Inc. raises FY18 EPS view to $1.75-$1.85, consensus $1.79 »

For FY18, HP raises…

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  • 21

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HPE

HP Enterprise

$14.16

0.065 (0.46%)

16:06
11/21/17
11/21
16:06
11/21/17
16:06
Earnings
Breaking Earnings news story on HP Enterprise »

HP Enterprise sees Q1 EPS…

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GME

GameStop

$16.52

0.075 (0.46%)

16:06
11/21/17
11/21
16:06
11/21/17
16:06
Earnings
GameStop reports Q3 EPS 54c, consensus 43c »

Reports Q3 revenue…

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  • 21

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CRM

Salesforce

$108.69

1.315 (1.22%)

16:06
11/21/17
11/21
16:06
11/21/17
16:06
Earnings
Salesforce sees Q4 adjusted EPS 32c-33c, consensus 34c »

Sees Q4 revenue…

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HPQ

HP Inc.

$22.45

0.33 (1.49%)

16:06
11/21/17
11/21
16:06
11/21/17
16:06
Earnings
Breaking Earnings news story on HP Inc. »

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  • 21

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ILMN

Illumina

$212.05

1.38 (0.66%)

16:06
11/21/17
11/21
16:06
11/21/17
16:06
Hot Stocks
Illumina wins infringement suit against Premaith Health, Ariosa Diagnostics »

Illumina announced that…

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