Intel Corporation (NASDAQ:INTC) announced that it made a significant equity investment and entered into a broad strategic business and technology collaboration with Cloudera, a commercial Hadoop startup engaged in developing open source software that powers data processing engines of popular websites. Intel Corporation (NASDAQ:INTC) shares after opening at $25.36 moved to $25.75 on last trade day and at the end of the day closed at $25.31. Company price to sales ratio in past twelve months was calculated as 2.39 and price to cash ratio as 6.27. Intel Corporation (NASDAQ:INTC) showed a negative weekly performance of -0.47%.
Micron Technology, Inc. (NASDAQ:MU) and Discover Technology have planned to launch a new STEM (Science, Technology, Engineering and Mathematics) Mobile Discovery Lab. A bus specially designed for young kids and elementary and middle school students it has some distinct feature which would encourage young people to the world of science. It has interactive science models and programs which will try to generate interest among students. It’s an effort from the company to produce more future scientist. Micron Technology, Inc. (NASDAQ:MU) shares fell -2.58% in last trading session and ended the day on $22.24. Micron Technology, Inc. (NASDAQ:MU) return on equity ratio is recorded as 18.80% and its return on assets is 9.30%. Wal-Mart Stores, Inc.(NYSE:WMT) yearly performance is 123.29%.
Alcatel-Lucent (ALU) and China Mobile (CHL) announce a one-year comprehensive frame agreement valued at up to EUR750 million to provide technology that will move the co’s mobile service provider to an all-IP ultra-broadband network paving the way for future network functions virtualization and cloud-based services. Alcatel Lucent SA (ADR) (NYSE:ALU) shares moved up 5.15% in last trading session and was closed at $3.88, while trading in range of $ 3.79 – 3.88. Alcatel Lucent SA (ADR) (NYSE:ALU) year to date (YTD) performance is 2.25%.
Brocade Communications Systems (NASDAQ:BRCD) VP Ken Cheng sold 15,000 shares of the stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $10.35, for a total transaction of $155,250.00. Following the transaction, the vice president now directly owns 292,625 shares in the company, valued at approximately $3,028,669. The sale was disclosed in a filing with the SEC. Brocade Communications Systems, Inc.(NASDAQ:BRCD) weekly performance is -2.59%. On last trading day company shares ended up $10.14. Brocade Communications Systems, Inc.(NASDAQ:BRCD) distance from 50-day simple moving average (SMA50) is 4.54%. Analysts mean target price for the company is $9.82.