What is Active in the Technology Space: Complementary Research on 58.com, Micron Technology, Taiwan Semiconductor Mfg, EMC, Advanced Micro Devices
NEW YORK, April 17, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Moments ago, Analysts Review released new research updates concerning several important developing situations including 58.com (NYSE: WUBA), Micron Technology (NASDAQ: MU), Taiwan Semiconductor Mfg (NYSE: TSM), EMC (NYSE: EMC), and Advanced Micro Devices (NASDAQ: AMD). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links below.
--
Today's update concerns the following companies:
============
Full PDF Download Links (you may have to copy and paste the following links into your browser):
WUBA Research Report: ( http://get.analystsreview.com/pdf/?c=58.com%20Inc.&d=17-Apr-2015&s=WUBA ),
MU Research Report: ( http://get.analystsreview.com/pdf/?c=Micron%20Technology&d=17-Apr-2015&s=MU ),
TSM Research Report: ( http://get.analystsreview.com/pdf/?c=Taiwan%20Semiconductor%20Mfg&d=17-Apr-2015&s=TSM ),
EMC Research Report: ( http://get.analystsreview.com/pdf/?c=EMC%20Corporation&d=17-Apr-2015&s=EMC ),
AMD Research Report: ( http://get.analystsreview.com/pdf/?c=Advanced%20Micro%20Devices&d=17-Apr-2015&s=AMD ).
============
--
Analyst Update: Merger, Financial Results, New Product Launch, and Upcoming Earnings
Reviewed by: Rohit Tuli, CFA®
US stocks ended marginally lower on Thursday, as worries about upcoming corporate earnings reports offset enthusiasm about a trio of soaring Wall Street debuts. The Dow Jones industrial average fell 6.84 points, or 0.04%, to end at 18,105.77; the S&P 500 lost 1.64 points, or 0.08%, to 2,104.99; and the Nasdaq Composite dropped 3.23 points, or 0.06%, to 5,007.79. European markets finished broadly lower on Thursday with growing concerns about Greece's debt situation prompting investors to take some profits after the previous session's 14-year highs. The DAX closed 1.94% lower, France's CAC 40 declined by 0.57% and London's FTSE 100 declined by 0.51%. The pan-European FTSEurofirst 300 index closed 0.9% lower at 1,635.76 points. Chinese shares rebounded on stimulus hopes a day after gloomy first-quarter economic numbers with the Shanghai composite index rising 2.1% to 4,168.85, while other Asian benchmarks were mixed.
58.com Inc. (WUBA) shares jumped over 33.5% to close at a record high of $67.87 on April 14, 2015, following reports that the Chinese classified ad specialist has agreed to merge with competitor Ganji.com. The stock reported a trading volume of 16.5 million shares, 22 times higher than the three-month average.
Micron (MU) announced its financial results on April 1, 2015, for the second quarter of fiscal year 2015 (period ended March 5, 2015). Revenues fell by 9% QoQ to $4.17 billion, but were up by 1% YoY, primarily due to declines in DRAM unit volumes and decreases in average selling prices for both NAND and DRAM.
Taiwan Semiconductor Mfg (TSMC) is set to introduce a new production technique as it tries to fend off competition for made-to-order semiconductors. According to Co-Chief Executive Officer Mark Liu, the Company will offer 10-nanometer (NM) manufacturing as early as the end of next year.
Shares of EMC Corporation (EMC) rose by 1% to finish at $26.2 on April 14, 2015. However, the Company reported a trading volume of 13.6 million shares as compared to its last four days average of 22.2 million.
Advanced Micro Devices (AMD) announced certification for Avid Media Composer® 8.4 to support broadcast and digital content creation customers for successful HD and 4K workflows powered by AMD FirePro™ professional graphics, both for Microsoft Windows® and the Mac Pro workstations.
--
About Analysts Review
At Analysts Review, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
Analysts Review was designed for investors. By providing the best information available, we have set ourselves apart as one of the premier online investor communities.
--
Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.analystsreview.com/editors
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts Review
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article