Baird upgraded Micron Technology, Inc. (NASDAQ:MU) from Neutral to Outperform and moved its price target from $25 up to $42. Shares of Micron rose 3.3 percent. Micron Technology, Inc. (NASDAQ:MU) net profit margin is 21.30% and weekly performance is 10.03%. On last trading day company shares ended up $31.91. Analysts mean target price for the company is $32.70. Micron Technology, Inc. (NASDAQ:MU) distance from 50-day simple moving average (SMA50) is 21.18%.
On 12 June Thursday, the oil and natural gas exploration company SandRidge Energy Inc. (NYSE:SD) declared a semi-annual dividend of $3 a share on its 2 million shares of 6% convertible perpetual preferred stock. The company will pay the dividend in cash on July 15 to shareholders of record on July 1. SandRidge Energy Inc. (NYSE:SD) shares advanced 2.59% in last trading session and ended the day on $7.13. SD gross Margin is 69.00% and its return on assets is -10.00%.SandRidge Energy Inc. (NYSE:SD) quarterly performance is 12.82%.
ExxonMobil Corporation (NYSE:XOM) Qatar’s Tamayoz training programme enhanced skills of almost 70 employees of its valued joint venture partners Qatar Petroleum, RasGas and Qatargas in May, the company said in a statement. Exxon Mobil Corporation (NYSE:XOM) shares moved up 0.26% in last trading session and was closed at $102.92, while trading in range of $102.17 – $103.25. Exxon Mobil Corporation (NYSE:XOM) year to date (YTD) performance is 3.12%.
Applied Materials, Inc. (NASDAQ:AMAT) on 10 June announced that its Board of Directors has approved a quarterly cash dividend of $0.10 per share payable on the company’s common stock. The dividend is payable on September 11, 2014 to stockholders of record as of August 21, 2014. Applied Materials, Inc. (NASDAQ:AMAT) ended the last trading day at $22.35. Company weekly volatility is calculated as 1.67% and price to cash ratio as 10.47.Applied Materials, Inc. (NASDAQ:AMAT) showed a positive weekly performance of 2.01%.
Broadcom Corporation (NASDAQ:BRCM) VP Arthur Chong unloaded 10,000 shares of the stock on the open market in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $37.92, for a total value of $379,200.00. Following the sale, the vice president now directly owns 431,474 shares of the company’s stock, valued at approximately $16,361,494.Broadcom Corporation (NASDAQ:BRCM) net profit margin is 4.80% and weekly performance is 1.44%. On last trading day company shares ended up $38.66. Analysts mean target price for the company is $38.91. Broadcom Corporation (NASDAQ:BRCM) distance from 50-day simple moving average (SMA50) is 22.13%.