The largest U.S. maker of memory chips, Micron Technology, Inc. (NASDAQ:MU) announced its fiscal Q2 sales that have gone on to beat analysts’ estimates. This has happened because limited supplies had bolstered prices amid low demands for computers and phones. Micron Technology, Inc. (NASDAQ:MU) shares after opening at $21.92 moved to $22.24 on last trade day and at the end of the day closed at $22.17. Company price to sales ratio in past twelve months was calculated as 1.78 and price to cash ratio as 5.27. Micron Technology, Inc. (NASDAQ:MU) showed a negative weekly performance of -0.18%.
Advanced Micro Devices, Inc. (NYSE:AMD) is set to report first-quarter 2014 results on Apr 17. Last quarter, it posted in-line results. Let’s see how things are shaping up for this announcement. Advanced Micro Devices, Inc. (NYSE:AMD) shares advanced 2.16% in last trading session and ended the day on $3.79. AMD return on equity ratio is recorded as -18.90% and its return on assets is -2.00%. Advanced Micro Devices, Inc. (NYSE:AMD) yearly performance is 55.33%.
Alcatel Lucent SA (ADR) (NYSE:ALU) has recently teamed up with the Ontario Research and Innovation Optical Network to conduct a field test for 400G research, education and innovation (RE&I) optical network. Results of the dedicated research conducted for the first time in North America were declared on April 7, 2014. Alcatel Lucent SA (ADR) (NYSE:ALU) shares moved down -1.65% in last trading session and was closed at $3.58 while trading in range of $3.50 – $3.68 – Alcatel Lucent SA (ADR) (NYSE:ALU) year to date (YTD) performance is -18.64%.
Shares of Symantec Corporation (NASDAQ:SYMC) were the target of some unusual options trading on Tuesday. Investors acquired 14,013 call options on the stock, Analyst Ratings Net reports. Symantec Corporation (NASDAQ:SYMC) weekly performance is 0.58%. On last trading day company shares ended up $20.76. Symantec Corporation (NASDAQ:SYMC) distance from 50-day simple moving average (SMA50) is 1.61%. Analysts mean target price for the company is $22.66.
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