ING upgraded shares of Micron Technology (NYSE:MU) from a sector perform rating to an outperform rating in a research report released on Monday morning. Micron Technology, Inc. (NASDAQ:MU) net profit margin is 21.30% and weekly performance is 5.23%. On last trading day company shares ended up $28.59. Analysts mean target price for the company is $30.19. Micron Technology, Inc. (NASDAQ:MU) distance from 50-day simple moving average (SMA50) is 14.39%.
Four months after selling its Sunnyvale campus to a residential developer, Spansion Inc. (NYSE:CODE) has decided where to land: San Jose. The flash-memory maker with about 450 employees just signed a lease with Hines to occupy 154,000 square feet at Ridder Park Technology Center in North San Jose. Spansion Inc. (NYSE:CODE) shares advanced -1.09% in last trading session and ended the day on $19.05. CODE Gross Margin is 27.10% and its return on assets is -6.60%. Spansion Inc. (NYSE:CODE) quarterly performance is 16.80%.
On May 20, 2014, Netlist, Inc. (NASDAQ:NLST), announced the appointment of Mitchell Statham as Senior Vice President of Worldwide Sales and Marketing. In this newly created position, Statham will be charged with revenue and profit growth through expansion of the customer base worldwide. Netlist, Inc. (NASDAQ:NLST) shares moved down -5.30% in last trading session and was closed at $1.25, while trading in range of $1.23 – $1.40. Netlist, Inc. (NASDAQ:NLST) year to date (YTD) performance is 68.92%.
Sunedison Semiconductor Ltd (NASDAQ:SEMI) announced the pricing of its underwritten initial public offering of 7,200,000 ordinary shares at a price to the public of $13.00 per share. Sunedison Semiconductor Ltd (NASDAQ:SEMI) ended the last trading day at $15.40. Company weekly volatility is calculated as 5.29% and price to cash ratio as 16.52. Sunedison Semiconductor Ltd (NASDAQ:SEMI) showed a positive weekly performance of 2.67%.
On April 14, SemiLEDs Corporation (NASDAQ:LEDS) announced its financial results for the second quarter of fiscal year 2014, ended February 28, 2014. Revenue for the second quarter of fiscal 2014 was $4.2 million, a 22% increase compared to $3.4 million in the first quarter of fiscal 2014. GAAP net loss attributable to SemiLEDs stockholders for the second quarter of fiscal 2014 was $6.4 million, or a net loss of $0.23 per diluted share, compared to GAAP net loss attributable to SemiLEDs stockholders of $6.3 million, or a net loss of $0.23 per diluted share, for the first quarter of fiscal 2014. SemiLEDs Corporation (NASDAQ:LEDS) shares moved up 1.28% in last trading session and was closed at $0.952, while trading in range of $0.92 – $0.98. SemiLEDs Corporation (NASDAQ:LEDS) year to date (YTD) performance is 1.06%.