SanDisk Newswire (Page 2)

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  1. The Sniff Test: SanDisk flip-flops on blame for sales slowdownRead the original story w/Photo

    Thursday Jan 22 | MarketWatch

    SanDisk Corp. changed its tune for why sales fell below its original expectations during the fourth quarter, leaving some analysts scratching their heads. Last week, the memory chip maker blamed weak retail sales, which includes its external flash drives, and iNAND embedded flash drives that are used for storage in mobile devices, for slicing its quarterly sales outlook to below Wall Street's consensus at the time.

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  2. Analyst Downgrades: American Express Company, SanDisk Corporation, and Arrowhead Research CorporationRead the original story

    Thursday Jan 22 | SchaeffersResearch.com

    ... another round of downgrades and/or price-target cuts could be on the horizon. Eighteen of the 22 analysts covering SanDisk Corporation maintain a "buy" or better rating, with not a single "sell" to be found. Plus, the average 12-month price target ...

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  3. Nasdaq 100 Movers: XLNX, EBAYRead the original story w/Photo

    Thursday Jan 22 | Forbes.com

    ... Xilinx is lower by about 11.4% looking at the year to date performance. Two other components making moves today are SanDisk (SNDK), trading down 4.8%, and Wynn Resorts (WYNN), trading up 2.4% on the day.

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  4. SanDisk (SNDK) Stock Downgraded Today at WedbushRead the original story w/Photo

    Thursday Jan 22 | TheStreet.com

    ... target of $67 is based on about 12x, down from 16x, of their 2016 pro forma EPS estimate of $5.59, down from $5.69. SanDisk designs, develops, markets and manufactures data storage solutions in a variety of form factors using its flash memory, ...

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  5. Press release distribution, EDGAR filing, XBRL, regulatory filingsRead the original story

    Wednesday Jan 21 | Business Wire

    Businesses generate over $7.5 billion in 2014 segment earnings. )--Universal Display Corporation and Sumitomo Chemical Company, Ltd. today announced the signing of a new OLED Techn... )--Discover Financial Services today reported net income of $404 million or $0.87 per diluted share for the fourth quarter of 2014, as compared to $602 m... )--CTPartners Executive Search Inc. , a global retained executive search firm, today announced preliminary unaudited results for the fourth quarter and full ye... )--For the first quarter of fiscal 2015, F5 Networks, Inc. announced revenue of $462.8 million, down slightly from $465.3 million in the prior quarter and up 1... )--SanDisk Corporation , a global leader in flash storage solutions, today announced results for the fourth quarter and fiscal year ended December 28, ... )--Bar Harbor Bankshares , today announced that its Board of Directors ... (more)

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  6. SanDisk's (SNDK) CEO Sanjay Mehrotra on Q4 2014 Results - Earnings Call TranscriptRead the original story w/Photo

    Wednesday Jan 21 | Seeking Alpha

    Good day and welcome to the SanDisk fourth quarter 2014 financial results conference call. Today's conference is being recorded.

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  7. SanDisk warns of weak first half of 2015, hurt by lean inventoryRead the original story w/Photo

    Wednesday Jan 21 | Reuters

    Memory chipmaker SanDisk Corp forecast current-quarter and full-year 2015 revenue well below Wall Street expectations, saying it would be unable to meet demand for flash memory storage chips until mid-year due to lean inventory levels. Shares of the company, which supplies memory chips for Apple Inc's iPhones, fell about 8 percent to $74.05 in after market trading.

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  8. SanDisk Announces Fourth Quarter and Fiscal 2014 ResultsRead the original story

    Wednesday Jan 21 | Information Technology

    SanDisk Corporation , a global leader in flash storage solutions, today announced results for the fourth quarter and fiscal year ended Decemberi 1 228, 2014. Fourth quarter revenue of $1.74 billion was slightly higher on a year-over-year basis and decreased 1i 1 2percent sequentially.

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  9. SanDisk Declares First Quarter 2015 Cash DividendRead the original story

    Wednesday Jan 21 | Information Technology

    SanDisk Corporation , a global leader in flash storage solutions, today announced that the Board of Directors has declared a first quarter 2015 cash dividend of 30 cents per share on the company's common stok. The dividend will be payable on March 23, 2015 to stockholders of record at the close of business on March 2, 2015.

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  10. SanDisk Expands Stock Repurchase Program by $2.5 BillionRead the original story

    Wednesday Jan 21 | Information Technology

    SanDisk Corporation , a global leader in flash storage solutions, today announced that its Board of Directors has authorized an additional $2.5 billion for common stock repurchases under the company's existing stock repurchase program. The company began its capital return program in the fourth quarter of fiscal 2011, and since that time the Board of Directors has authorized a total of $6.25 billion for stock repurchases including the additional authorization announced today.

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  11. SanDisk (SNDK) Q4 2014 Results - Earnings Call WebcastRead the original story w/Photo

    Wednesday Jan 21 | Seeking Alpha

    The following audio is from a conference call that will begin on January 21, 2015 at 17:00 PM ET. The audio will stream live while the call is active, and can be replayed upon its completion.

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  12. SanDisk Beats Net Views, Boosts Buyback ProgramRead the original story

    Wednesday Jan 21 | Benzinga

    SanDisk Corporation posted a 40 percent drop in fourth-quarter net income, but beat expectations by a small margin. SanDisk, which last week issued a profit warning for the period ended December 28, also boosted its buyback program Wednesday by $2.5 billion, to a total of $3 billion.

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  13. SanDisk (SNDK) Stock Rises in After-Hours Trading Today on Strong Quarterly EarningsRead the original story w/Photo

    Wednesday Jan 21 | TheStreet.com

    ... share buyback authorization to $6.25 billion with $3 billion being left in the program. TheStreet Ratings team rates SANDISK CORP as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation: "We rate ...

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  14. SanDisk Q4: Beats expectations, CEO said it could've been betterRead the original story w/Photo

    Wednesday Jan 21 | ZDNet

    Flash memory provider SanDisk came out of the holiday season with a spring in is step, as it smashed Wall Street expectations for the fourth quarter. The company reported $1.74 billion in revenue, up slightly year-over-year, or $1.18 cents a share .

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  15. Ravello Raises $28M for Cloud Mobility TechRead the original story w/Photo

    Wednesday Jan 21 | Data Center Knowledge

    Ravello Systems , a Silicon Valley startup with technology that gives applications cloud mobility, announced it has closed a $28 million funding round, led by Qualcomm and SanDisk . This brings the total funds raised to date to $54 million.

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  16. What to Expect When SanDisk (SNDK) Reports Fourth-Quarter Earnings TodayRead the original story w/Photo

    Wednesday Jan 21 | TheStreet.com

    The consensus estimate calls for SanDisk to report earnings of $1.27 a share on revenue of $1.73 billion. In the fourth quarter last year, the company posted earnings of $1.71 a share, which beat the consensus estimate of $1.58 a share, according to analysts polled by Thomson Reuters .

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  17. NexGen Storage Unveils Third Generation Offerings with Industry-First ...Read the original story

    Wednesday Jan 21 | Information Technology

    ... . NexGen Storage and NexGen Storage logo are trademarks of NexGen Storage, Inc. Copyright 2015, NexGen Storage, Inc. SanDisk is a trademark of SanDisk Corporation, registered in the United Stated and other countries.

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  18. NexGen Storage Poised To Execute On Value-Driven Data Management VisionRead the original story

    Wednesday Jan 21 | Information Technology

    ... wave of IT infrastructure innovation and value-centric data management." NexGen Storage was recently spun-out from SanDisk and is a new, stand-alone company. The move allows NexGen to accelerate investment into the delivery of new, innovative ...

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  19. Ravello Raises Additional $28 Million, Establishes Radically Simple...Read the original story

    Tuesday Jan 20 | Customer Interaction Solutions

    Ravello Systems, Inc. today announced that it has closed a third round of funding of $28 million bringing the total capital raised to date to $54 million. The funding round was led by Qualcomm Incorporated, through its venture investment group, Qualcomm Ventures, and SanDisk Corporation through its venture arm, SanDisk Ventures.

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  20. SSDs To Drive SanDisk's Q4 Results As iNAND, Retail Sales StagnateRead the original story w/Photo

    Tuesday Jan 20 | Seeking Alpha

    SanDisk expects SSDs to stay at similar levels through the first three quarters due to the expected growth in enterprise storage demand and new products. We currently forecast SanDisk's embedded storage revenues for the full year to be about 8-9% lower than 2013.

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