|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||32.92 - 32.92|
|52 Week Range||26.10 - 34.59|
|Beta (3Y Monthly)||0.04|
|PE Ratio (TTM)||1.13|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Toshiba Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Samsung (SSNLF) is contemplating lowering its memory chip production next year as a measure to manage supply and prices, those familiar with the matter have told Bloomberg.
Micron (MU) is seeing a growing demand for memory in the PC, graphics, and server space. Another big market for memory and storage is smartphones, where Micron earns 22% of its revenue.
Micron (MU) earns 26% of its revenue from NAND (negative AND), which is used to store data and is not mandatory for performance. So its demand is elastic, which means it’s sensitive to price.
The most eagerly anticipated earnings release of the month comes out September 20 after the market closes. Micron (NASDAQ:MU) will deliver its results for the quarter ending in August, and the whole technology marketplace could rise or fall on the earnings report from MU stock. Is MU Stock Cheap? At its current $45 price, Micron stock is super cheap.
Moody's Japan K.K. has upgraded Toshiba Corporation's corporate family rating and senior unsecured debt rating to B1 from Caa1, and its subordinated debt rating to B3 from Ca. At the same time, Moody's has affirmed Toshiba's commercial paper rating of Not Prime. "The rating upgrade reflects the significant improvement in Toshiba's liquidity and financial position following the sale of its subsidiary, Toshiba Memory Corporation (TMC)," says Masako Kuwahara, a Moody's Vice President and Senior Analyst.
No one will deny that Micron Technology, Inc. (NASDAQ:MU) has been one of the markets’ biggest stunners. After suffering what seemed like unrecoverable losses in 2015, Micron stock enjoyed a remarkable comeback. Don’t get me wrong: MU stock has been a brilliant call for several years.
What Can Investors Expect from Broadcom in Fiscal Q2? Previously, we saw that Broadcom (AVGO) rose following an optimistic Evercore ISI report on the stock. Analysts’ bullishness toward Broadcom is evident in their median target price for AVGO, of $311, which suggests a 25% upside based on its current trading price.
In the previous part of the series, we saw that Qualcomm (QCOM) has been looking to acquire NXP Semiconductors (NXPI) since October 2016 in order to diversify into the fast-growing markets of automotive and IoT (Internet of Things). Qualcomm cleared all the hurdles and secured all necessary approvals for the deal except for approval from China’s Mofcom (Ministry of Commerce). Given the good relations between Qualcomm and China, this didn’t seem like a difficult task.
Moody's Japan K.K. has placed Toshiba Corporation's Caa1 corporate family rating and senior unsecured debt rating, as well as its Ca subordinated debt rating on review for upgrade. At the same time, Moody's has affirmed Toshiba's commercial paper rating of Not Prime. The rating review follows Toshiba's announcement that it has received all regulatory approvals and satisfied all conditions for the JPY2 trillion sale of Toshiba Memory Corporation (TMC).
Moody's Japan K.K. says that Toshiba Corporation's (Caa1 stable) results for the fiscal year ended March 2018 (FY2017), announced on 15 May, showed significant improvement from the prior year. "The result is credit positive but does not immediately impact Toshiba's ratings and outlook because much of the improvement comes from one-off items," says Masako Kuwahara, Moody's Vice President -- Senior Analyst. The FY2017 results also reflected the strong performance of Toshiba's memory business under its subsidiary Toshiba Memory Corp, which Toshiba plans to sell to a consortium led by Bain Capital Private Equity LP once it obtains approval from the regulatory authority in China.