Micron Technology Inc (NYSE:MU) Director Robert E. Switz sold 25,000 shares of Micron Technology stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $27.56, for a total transaction of $689,000.00. Following the completion of the sale, the director now directly owns 102,709 shares in the company, valued at approximately $2,830,660. Micron Technology, Inc. (NASDAQ:MU) net profit margin is 21.30% and weekly performance is 1.67%. On last trading day company shares ended up $26.86. Analysts mean target price for the company is $29.25. Micron Technology, Inc. (NASDAQ:MU) distance from 50-day simple moving average (SMA50) is 10.02%.
Alcatel-Lucent SA (ADR) (NYSE:ALU) further underlined leadership in fixed-line ultra-broadband access by reaching the milestone of 5 million VDSL2 vectoring line shipments. The company is also seeing an industry ‘tipping point’ with VDSL2 vectoring shipments now surpassing non-vectored VDSL2 with operators fully embracing the technology as they seek to meet targets for broadband connectivity in their markets. Alcatel Lucent SA (ADR) (NYSE:ALU) shares fell -0.73% in last trading session and ended the day on $4.06. Gross Margin is 32.20% and its return on assets is -7.80%. Alcatel Lucent SA (ADR) (NYSE:ALU) quarterly performance is -4.02%.
Juniper Networks Inc (NYSE:JNPR), the industry leader in network innovation, announced the Company will be hosting its 2014 Annual Meeting of Stockholders on Wednesday, May 21, 2014 at 9:00 a.m. Pacific Daylight Time (PDT)/12:00 p.m. Eastern Daylight Time (EDT) at its offices located at 1133 Innovation Way, Building A, in Sunnyvale, Calif. Juniper Networks, Inc. (NYSE:JNPR) shares moved down -1.05% in last trading session and was closed at $24.61, while trading in range of $24.45 – $25.05. Juniper Networks, Inc. (NYSE:JNPR) year to date (YTD) performance is 9.04%.
Yahoo Inc (NASDAQ:YHOO) has bought Blink, a mobile messaging startup whose app lets users send messages that will self-destruct at a time set by the sender. The deal, which Blink announced on its website, comes days after rival Snapchat settled charges with U.S. regulators that accused it of deceiving consumers by promising that photos sent on its service disappeared forever after a certain period. Yahoo! Inc. (NASDAQ:YHOO) ended the last trading day at $34.17. Company weekly volatility is calculated as 2.11% and price to cash ratio as 11.70. Yahoo! Inc. (NASDAQ:YHOO) showed a positive weekly performance of 0.29%.
Deutsche Telekom (ADR) (OTCMKTS:DTEGY) CEO Timotheus Hoetgges has expressed his concern about the unfair competition between US and European companies, reports the dpa-AFX news agency. In an interview with German newspaper ‘Handelsblatt’, he said that it was unfair that a US company like Google can use Deutsche Telekom’s infrastructure for its own benefit, adding that Google is not obliged to meet EU data protection guidelines like European companies. By moving data to internet companies outside the EU, he warns that this creates a large profit pool for firms like Google which they use to subsidise other telecoms services. Deutsche Telekom AG (ADR) (OTCMKTS:DTEGY) on last trading day company shares ended up $16.82.
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