Micron Technology, Inc. (NASDAQ:MU) one of the world’s leading providers of advanced semiconductor solutions, will deliver an on-package memory solution for Intel’s next-generation Xeon Phi™ processor, codenamed Knights Landing. Micron Technology, Inc. (NASDAQ:MU) net profit margin is 21.30% and weekly performance is 0.78%. On last trading day company shares ended up $32.50. Analysts mean target price for the company is $35.33. Micron Technology, Inc. (NASDAQ:MU) distance from 50-day simple moving average (SMA50) is 18.35%.
Corning Incorporated (NYSE:GLW) had its price objective raised by Susquehanna from $26.00 to $27.00 in a research report released on Monday morning. Corning Incorporated (NYSE:GLW) shares advanced 0.18% in last trading session and ended the day on $21.80. GLW gross Margin is 42.10% and its return on assets is 6.10%.Corning Incorporated (NYSE:GLW) quarterly performance is 9.16%.
GE Oil & Gas is joining with BP plc (ADR) (NYSE:BP) and Denmark’s Maersk Drilling to build the industry’s first 20,000 psi-rated deepwater blowout preventer (BOP) stack and riser system. The equipment, expected to enter service in 2018, is being supplied for BP’s Project 20K program, a multi-year initiative launched in 2012 to develop next-generation systems and tools to unlock frontier deepwater resources. BP plc (ADR) (NYSE:BP) shares moved down -0.43% in last trading session and was closed at $52.84, while trading in range of $52.78 – $53.48. BP plc (ADR) (NYSE:BP) year to date (YTD) performance is 11.27%.
The Dow Chemical Company (NYSE:DOW) announced on Tuesday, June 24, that it will extend its 10-year naming rights contract for The Dow Event Centre. The Dow Chemical Company (NYSE:DOW) ended the last trading day at $52.32. Company weekly volatility is calculated as 1.45% and price to cash ratio as 14.37.The Dow Chemical Company (NYSE:DOW) showed a positive weekly performance of 0.62%.
SunPower Corporation (NASDAQ:SPWR) the second-largest US solar manufacturer, is offering energy storage systems to California homeowners that will power houses at night with electricity generated from sunlight. SunPower Corporation (NASDAQ:SPWR) net profit margin is 8.40% and weekly performance is -2.66%. On last trading day company shares ended up $39.16. Analysts mean target price for the company is $37.32. SunPower Corporation (NASDAQ:SPWR) distance from 50-day simple moving average (SMA50) is 18.31%.