SanDisk Newswire (Page 2)

Comprehensive Real-Time News Feed for SanDisk. (Page 2)

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  1. SanDisk Drops Most in Six Years After Cutting Sales ForecastRead the original story

    Thursday Mar 26 | The Washington Post

    SanDisk Corp. shares dropped their sharpest in six years, after the maker of data-storage chips for mobile devices cut its revenue forecast. Revenue will be about $1.3 billion for the three months ending March 29, compared with as much as $1.45 billion previously projected, the Milpitas, California-based company said in a statement Thursday.

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  2. U.S. Stocks Fall for Fourth Day as Airlines Drop Amid Oil RallyRead the original story

    Thursday Mar 26 | The Washington Post

    ... high. International Business Machines Corp., Apple Inc. and Intel Corp. added more than 0.6 percent, even as SanDisk Corp. plunged 18 percent amid a lower first-quarter revenue projection. The Standard & Poor's 500 Index fell 0.2 percent to 2,056.15 ...

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  3. SanDisk Cuts Outlook on Weak Enterprise SalesRead the original story w/Photo

    Thursday Mar 26 | Fox News

    SanDisk Corp. delivered another grim forecast of its business prospects, pointing to issues that seem more specific to the company than the broader electronics industry. The company, a major maker of flash-memory chips and products that use them, on Thursday cut its outlook for the current quarter and for the year.

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  4. Markets Recover From Yemen Turmoil, Biotech PainRead the original story w/Photo

    Thursday Mar 26 | Minyanville

    ... surveyed by Bloomberg were expecting a reading of 1. This was the first decline in over a year. Flash memory maker Sandisk (SNDK) fell 18.5% to $66.20 after preannouncing weaker-than-expected first-quarter revenues. The company now expects sales of ...

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  5. U.S. Stocks Fluctuate as Tech Rebound Offsets Airlines' SlumpRead the original story

    Thursday Mar 26 | The Washington Post

    U.S. stocks fluctuated after erasing an early decline as a rebound in technology shares offset a drop in transportation companies amid crude oil's five-day rally. International Business Machines Corp., Apple Inc. and Intel Corp. added more than 1 percent, even as SanDisk Corp. plunged 18 percent amid a lower first-quarter revenue projection.

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  6. Middle East concern lifts oil prices overnightRead the original story w/Photo

    Thursday Mar 26 | The New Zealand Herald

    ... as London Stock Exchange group shed 5.9 per cent after Borse Dubai sold its entire stake in the company. Shares of SanDisk tumbled, last 18.3 per cent weaker, after the company downgraded its estimates for first-quarter revenue. "We are disappointed ...

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  7. Is the Sandisk drop really an opportunity?Read the original story w/Photo

    Thursday Mar 26 | MarketWatch

    ... and Scutify . Not all of my stocks go up in a straight line. In fact, none of them do. Today my position in Sandisk is down 16%. So, of course, I sit here and think to myself, "I should have sold more Sandisk. I should have sold it all and locked in ...

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  8. Goldman Takes Sandisk Off Conviction Buy List, Originally Added To Conviction Buy List on March 10Read the original story

    Thursday Mar 26 | Benzinga

    "We remove SanDisk from the Conviction List post the negative preannouncement this morning. Our positive call has clearly been wrong and the timing was particularly poor.

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  9. Here's a Factor Affecting Skyworks Solutions (SWKS) Stock TodayRead the original story w/Photo

    Thursday Mar 26 | TheStreet.com

    The change in first quarter revenue estimate is primarily due to "certain product qualification delays," lower than expected sales of enterprise products and lower pricing in some areas of the business, SanDisk said. Woburn, MA-based Skyworks Solutions is engaged in the production of analog semiconductors and supports automotive, broadband, cellular infrastructure, energy management, Global Positioning System , industrial, medical, military, wireless networking, smartphone and tablet applications.

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  10. Lululemon Stretches Higher Despite Markets Extending Sell-OffRead the original story w/Photo

    Thursday Mar 26 | TheStreet.com

    ... from losing its relationship with Costco (COST). The deal between American Express and Costco will expire next year. SanDisk (SNDK) tanked after lowering its Q1 revenue outlook. The memory chip maker warned weak demand and lower pricing for its ...

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  11. U.S. Stocks Fall as Chipmakers Drop, Airlines Slip Amid Oil RiseRead the original story

    Thursday Mar 26 | The Washington Post

    U.S. stocks fell, after the biggest drop in the Nasdaq Composite Index since April, as semiconductor shares continued to tumble and transportation companies slid as crude oil rallied. SanDisk Corp. plunged 17 percent after the maker of chips for mobile devices cut its first-quarter revenue projection.

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  12. S&P 500 Movers: SNDK, RHTRead the original story

    Thursday Mar 26 | MarketNewsVideo

    ... 7.4%. Year to date, Red Hat registers a 6.3% gain. And the worst performing S&P 500 component thus far on the day is SanDisk Corp. (NASDAQ: SNDK ), trading down 17.0%. SanDisk Corp. is lower by about 31.3% looking at the year to date performance. ...

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  13. Nasdaq 100 Movers: SNDK, CELGRead the original story

    Thursday Mar 26 | MarketNewsVideo

    ... to date, Celgene Corp. registers a 5.6% gain. And the worst performing Nasdaq 100 component thus far on the day is SanDisk Corp. (NASDAQ: SNDK ), trading down 16.9%. SanDisk Corp. is lower by about 31.1% looking at the year to date performance. Two ...

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  14. SanDisk Corp. Stock Crashes on Guidance CutRead the original story

    Thursday Mar 26 | The Motley Fool

    ... the company revised its previous revenue guidance lower. As of noon, the stock was down more than 16%. So what: SanDisk now expects first-quarter revenue to come in at roughly $1.3 billion, down from a previously guided range of $1.4 billion to ...

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  15. SanDisk Drops Most Since 2010 After Cutting Its Revenue ForecastRead the original story

    Thursday Mar 26 | The Washington Post

    Shares of SanDisk Corp. made their sharpest drop in almost five years after the maker of data-storage chips for mobile devices cut its revenue forecast. Revenue will be about $1.3 billion for the three months ending March 29, compared with as much as $1.45 billion previously projected, the Milpitas, California-based company said in a statement Thursday.

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  16. Worst Performing Industries For March 26, 2015Read the original story

    Thursday Mar 26 | Benzinga

    ... & Poor's 500 index declined 0.45% to 2,051.80. Data Storage Devices: This industry fell 2.7% by 11:00 am ET. SanDisk Corp. (NASDAQ: SNDK ) shares dropped 17% in today's trading. SanDisk lowered its sales forecast for the first quarter. Networking & ...

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  17. Analyst Downgrades: SanDisk Corporation, Exact Sciences Corporation, and Royal Caribbean Cruises Ltd.Read the original story

    Thursday Mar 26 | SchaeffersResearch.com

    In response, Stifel cut its price target on SanDisk Corporation by $6 to $84 while reiterating its "buy" opinion, while BTIG cut its rating to "neutral" from "buy." Today, the shares are pointed 14.1% lower in electronic trading, which will steepen SNDK's 17.2% year-to-date loss.

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  18. Stocks Slip In Heavy Trade As Energy Rally Moderates LossesRead the original story w/Photo

    Thursday Mar 26 | Investor's Business Daily

    The Nasdaq slumped 0.9%. The Dow Jones industrial average and the S&P 500 swooned in tandem, down 0.6% each.

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  19. Tech Five: SanDisk plunges after cutting sales outlookRead the original story w/Photo

    Thursday Mar 26 | USA Today

    Tech Five: SanDisk plunges after cutting sales outlook SanDisk. Facebook. Twitter.

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  20. Wall Street lower in wake of air strikes on YemenRead the original story w/Photo

    Thursday Mar 26 | HawaiiNews

    ... 500 fell through key support levels. Semiconductor stocks were under pressure for a fourth straight session, after SanDisk cut its first-quarter and 2015 revenue outlook and withdrew its other forecasts for the same time frame. Shares of ...

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