Rumors are circulating that AT&T Inc. (NYSE:T) is talking with DirecTV about an acquisition, and a deal would be a mistake for AT&T. This deal would not help its wireless unit as DirecTV does not have spectrum, which is why Dish would make more sense as a target. It has also successfully built U-verse, making DirecTV unnecessary, especially as AT&T would essentially be competing with itself in some markets. An acquisition would be costly, and while AT&T could afford it, it should not acquire DirecTV. AT&T Inc. (NYSE:T) net profit margin is 14.00% and weekly performance is 2.30%. On last trading day company shares ended up $36.40. Analysts mean target price for the company is $35.57. AT&T Inc. (NYSE:T) distance from 50-day simple moving average (SMA50) is 6.80%.
Mondry Lawrence N, who is Director at Micron Technology, sold 10,000 shares at $26.25 on May 6, 2014. Following this transaction, the Director owned 175,834 shares meaning that the stake was reduced by 5.38% with the 10,000-share transaction. Micron Technology, Inc.(NASDAQ:MU) shares advanced 1.95% in last trading session and ended the day on $26.93. MU Gross Margin is 29.70% and its return on assets is 15.40%. Micron Technology, Inc.(NASDAQ:MU) quarterly performance is 11.70%.
SanDisk (NASDAQ:SNDK) Director Catherine Lego sold 2,500 shares of the company’s stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $85.90, for a total value of $214,750.00. Following the completion of the sale, the director now directly owns 4,342 shares in the company, valued at approximately $372,978. SanDisk Corporation (NASDAQ:SNDK) shares moved up 1.90% in last trading session and was closed at $88.61, while trading in range of $87.50 – 90.46. SanDisk Corporation (NASDAQ:SNDK) year to date (YTD) performance is 26.37%.
TriQuint Semiconductor (NASDAQ:TQNT) CFO Steven Buhaly sold 96,250 shares of TriQuint Semiconductor stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $14.57, for a total value of $1,402,362.50. Following the transaction, the chief financial officer now directly owns 81,514 shares in the company, valued at approximately $1,187,659. TriQuint Semiconductor (NASDAQ:TQNT) ended the last trading day at $14.65. Company weekly volatility is calculated as 2.89% and price to cash ratio as 15.11. TriQuint Semiconductor (NASDAQ:TQNT) showed a positive weekly performance of 2.38%.
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