QUALCOMM Incorporated (NASDAQ:QCOM): TSMC (NYSE:TSM) stated that it expects 28nm orders from tier-one customers such as Qualcomm to return as it attempts to resolve capacity issues, digiTimes reports. TSMC forecasts revenues from 28nm process will surpass 20 percent during Q4.
ARM Holdings plc (NASDAQ:ARMH) stock’s Outperform rating was reiterated by equities research analysts at CA Cheuvreux in a research note that was issued to investors on Friday. Now, they have a $12.78 (800 GBX) price target on the stock.
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Rackspace Hosting, Inc.‘s (NYSE:RAX) price target was increased by Stifel Nicolaus to $80.00 in a research note that was released on Wednesday morning. “The quarter reinforces our view that Rackspace remains well positioned to sustain solid growth in the 25%+ area over the next few years. We expect this growth to be driven by the company’s exposure to favorable secular trends around IT as a service and company-specific drivers including its large enterprise and OpenStack efforts. With the transition to OpenStack complete, Rackspace’s focus now shifts to driving benefits from what it views to be a more robust platform with the goal of accelerating cloud growth,” a Stifel Nicolaus analyst stated.
EMC Corporation (NYSE:EMC) announced that it will launch its cloud computing and big data analytics courses in India. MC intends to offer cloud computing, data science and big data analytics training, and certification programs with an “open” curriculum, which is to assist in developing professionals, able to extract more value and insight for competitive advantage from the new expanse of data that businesses create and capture. Additionally, the company hopes to train more than 30,000 engineering students during the first year itself as part of its EMC Academic Alliance (NYSE:EAA) program. Along with customers and partners, EMC intends to offer these courses to its university partners via its EAA program.
Seagate Technology PLC (NASDAQ:STX) options set a new 90-day record for the amount of call contracts exchanging hands between the buyers and the sellers. Aggregate volume of puts reached 5,809 and calls reached 78,508, which equals a put/call ration of 0.07.