Notable Movers: NVIDIA Corporation (NASDAQ:NVDA), Advanced Micro Devices (NYSE:AMD), Alcatel Lucent SA (ADR) (NYSE:ALU), Micron Technology (NASDAQ:MU), Bayer AG (ADR) (OTCMKTS:BAYRY)

Posted by on Jun 19, 2014

On June 13 2014, According to recently published reports NVIDIA Corporation (NASDAQ:NVDA), has decided to extend its gaming alliance with UBISOFT ENT. ADR (OTCMKTS:UBSFY). The main reason behind this extension is NVDA’s intentions to support UBSFY’s latest games such as Far Cry 4, Assassin’s Creed Unity, Tom Clancy’s The Division and The Crew. UBSFY is trying to make its games more supportive for PC users and NVDA is a well established player in PC gaming market, hence the extended alliance between these two market leaders is focused at delivering an enhanced experience to all the PC games lovers. NVIDIA Corporation (NASDAQ:NVDA), net profit margin is 11.70% and weekly performance is 0.98%. On last trading day company shares ended up $19.59. Analysts mean target price for the company is $19.13. NVIDIA Corporation (NASDAQ:NVDA), distance from 50-day simple moving average (SMA50) is 5.12%.

Advanced Micro Devices, Inc. (NYSE:AMD), was upgraded by investment analysts at Argus to a “hold” rating in a note issued to investors on Monday. Advanced Micro Devices, Inc. (NYSE:AMD), fell 1.57% in last trading session and ended the day on $4.40. AMD, Gross Margin is 36.00% and its return on assets is 1.00%. Advanced Micro Devices, Inc. (NYSE:AMD), quarterly performance is 10.55%.

 

Alcatel Lucent SA (ADR) (NYSE:ALU), has reported that it is set to launch a brand new portfolio of its exquisite OSS capabilities in a bid to better its customer experience solutions. This portfolio is deemed to harness better benefits of the exotic cloud technologies, thus soliciting sumptuous reduction of operating costs and enhance customer-based services holistically, by delivering automatic service provider’s operations.  Alcatel Lucent SA (ADR) (NYSE:ALU), shares moved down 0.82% in last trading session and was closed at $3.65, while trading in range of $3.58 – 3.66. Alcatel Lucent SA (ADR) (NYSE:ALU), year to date (YTD) performance is 17.05%.

 

Micron Technology, Inc. (NASDAQ:MU), was the target of a large drop in short interest in the month of May. As of May 30th, there was short interest totalling 109,974,539 shares, a drop of 3.0% from the May 15th total of 113,327,602 shares, American Banking and Market News reports. Based on an average daily volume of 20,625,948 shares, the days-to-cover ratio is presently 5.3 days. Currently, 10.3% of the shares of the stock are sold short. Micron Technology, Inc. (NASDAQ:MU), ended the last trading day at $32.06. Company weekly volatility is calculated as 2.02% and price to cash ratio as 7.62. Micron Technology, Inc. (NASDAQ:MU), showed a positive weekly performance of 3.45%.

 

Bayer AG (ADR) (OTCMKTS:BAYRY), has long sold its ALEVE brand pain reliever under the FLANAX trademark outside the United States. That includes in Mexico, where Bayer owns a Mexican registration for FLANAX for pain relievers. Its FLANAX analgesic has been sold in Mexico since 1976 and ranks as the country’s top-selling pain reliever. Bayer AG (ADR) (OTCMKTS:BAYRY), on last trading day company shares ended up $140.51.

 

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