Swing Stocks: Micron Technology, Inc., Bank of America Corporation (NYSE:BAC), Genworth Financial (NYSE:GNW), Great Basin Scientific (NASDAQ:GBSN)

Posted by on Jan 18, 2016

Alcatel Lucent SA (ADR) (NYSE:ALU) ended the last trading day at $3.91. Company weekly volatility is calculated as 2.61% and price to cash ratio as 1.92. Alcatel Lucent SA (ADR) (NYSE:ALU) showed a weekly performance of -2.25%.

Alcatel Lucent SA (ADR) (NYSE:ALU) entered into partnership with Pune-based Syntel Telecom, for the distribution of the former’s enterprise solutions.

On 15 January, Micron Technology, Inc. (NASDAQ:MU) shares fell -7.82% and was closed at $11.08. MU EPS growth in last 5 year was 6.00%. Micron Technology, Inc. (NASDAQ:MU) year to date (YTD) performance is -21.75%.

On 4 January, Micron Technology, Inc. (NASDAQ:MU) said company President Mark Adams is stepping down for health reasons. Mr. Adams joined the chip maker in 2006 as part of an acquisition and has been president for nearly four years.

Bank of America Corporation (NYSE:BAC) ended the last trading day at $14.46. Company weekly volatility is calculated as 3.67% and price to cash ratio as 0.24. Bank of America Corporation (NYSE:BAC) showed a weekly performance of -4.87%.

Bank of America Corporation (NYSE:BAC) announced the Board of Directors authorized a regular quarterly cash dividend of $18.125 per share on the 7.25 percent Non-Cumulative Perpetual Convertible Preferred Stock, Series L. The dividend is payable on February 1, 2016 to shareholders of record as of January 1, 2016.

Genworth Financial, Inc. (NYSE:GNW) shares moved up 0.81% in last trading session and ended the day at $2.48. GNW has a return on assets of -1.00%. Genworth Financial, Inc. (NYSE:GNW) quarterly performance is -54.83%.

Genworth Financial, Inc. (NYSE:GNW) had its price target cut by equities researchers at Goldman Sachs from $5.00 to $3.50 in a report released on Wednesday, Marketbeat.com reports. The brokerage currently has a “neutral” rating on the stock. Goldman Sachs’ price objective suggests a potential upside of 41.13% from the stock’s previous close.

Great Basin Scientific, Inc. (NASDAQ:GBSN) caters to the Healthcare space. Its weekly performance is -61.12%. On the last day of trading company shares ended up at $0.18. Great Basin Scientific, Inc. (NASDAQ:GBSN) distance from 50-day simple moving average (SMA50) is 0.06%.

On 5 January, Great Basin Scientific, Inc. (NASDAQ:GBSN) announced it added 46 new customers in the fourth quarter of 2015. As of December 31st, the company had secured 186 U.S. customers, compared to 84 customers reported at the end of December 2014, representing an increase of 121 percent year over year. Further, Great Basin`s Group B Streptococcus (GBS) test-which was commercially launched on June 1, 2015-has now been adopted by or is scheduled to be evaluated by 80 sites, which represents 43 percent of the Company`s customer base.

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