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Micron Technology Inc (MU.OQ)

MU.OQ on NASDAQ Stock Exchange Global Select Market

27.67USD
28 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Micron appoints Sanjay Mehrotra CEO
Thursday, 27 Apr 2017 08:00am EDT 

April 27 (Reuters) - Micron Technology Inc :Mehrotra succeeds mark durcan.Micron appoints sanjay mehrotra as president and chief executive officer.Durcan will step down as ceo and from micron board of directors effective may 8, 2017.Durcan will serve as an advisor to company until early august.  Full Article

Micron Technology says launched cash tender offer of $1 bln
Monday, 27 Mar 2017 08:41am EDT 

Micron Technology Inc : Micron Technology - on March 27, co launched cash tender offer of $1 billion in purchase price for 5.625 pct senior notes due 2026, among others - sec filing . Micron Technology Inc - tender offers will be funded by company from available cash on hand .Micron Technology Inc - tender offers will each expire at 11:59 p.m., new york city time, on April 24, 2017.  Full Article

Micron Technology posts Q2 earnings per share $0.90
Thursday, 23 Mar 2017 05:06pm EDT 

Micron Technology Inc : Q2 revenue rose 17 percent to $4.65 billion . Q2 GAAP earnings per share $0.77 . Q2 non-GAAP earnings per share $0.90 . Q2 earnings per share view $0.86, revenue view $4.65 billion -- Thomson Reuters I/B/E/S .Qtrly gross margin was 36.7 percent compared to gross margin of 19.7 percent.  Full Article

Micron sees Q3 diluted earnings of $1.43/shr – $1.57/shr
Thursday, 23 Mar 2017 04:00pm EDT 

Micron Technology Inc : Sees Q3 revenue $5.20 billion – $5.60 billion . Sees Q3 2017 diluted EPS $1.43 – $1.57 . Q3 earnings per share view $0.90, revenue view $4.72 billion -- Thomson Reuters I/B/E/S . Micron technology Inc-sees Q3 gross margin 44 percent – 48 percent Source: (http://bit.ly/2mxnErU) Further company coverage: [MU.O] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Micron Technology says on March 14 it won auction for Cando Corportion assets
Tuesday, 21 Mar 2017 03:01am EDT 

Micron Technology Inc : on March 14 successfully won auction for Cando Corp Assets, which will be utilized in establishing back-end site for Micron Taiwan . Says strategic acquisition, with a winning bid of us$89.2 million .Says back-end operation will be led by site director Mike Liang.  Full Article

Micron Technology sees Q2 earnings per share of 86 cents, plus or minus a few cents - SEC filing
Thursday, 2 Mar 2017 01:05pm EST 

Micron Technology Inc : Sees Q2 revenue of $4.65 billion, +/- $50 million; sees Q2 earnings per share $0.86, +/- a few cents - SEC filing .Q2 revenue view $4.55 billion -- Thomson Reuters I/B/E/S.  Full Article

Micron CEO Mark Durcan announces upcoming retirement
Thursday, 2 Feb 2017 12:51pm EST 

Micron Technology Inc : Micron CEO announces upcoming retirement . Says CEO Mark Durcan to retire . Board of directors has formed a special committee to oversee succession process and has initiated a search .Mark Durcan will continue to lead Micron as CEO during process.  Full Article

Micron Technology sees Q2 2017 revenue $4.35 bln to $4.70 bln
Wednesday, 21 Dec 2016 04:05pm EST 

Micron Technology Inc : Sees Q2 2017 revenue $4.35 billion to $4.70 billion . Sees Q2 2017 diluted EPS in range of $0.58 – $0.68 . Sees Q2 2017 gross margin 31 pct to 34 pct . Sees Q2 2017 operating expenses $590 million to $640 million .Q2 earnings per share view $0.39, revenue view $3.91 billion -- Thomson Reuters I/B/E/S.  Full Article

Micron Technology Inc says, on November 18, 2016, Co's unit entered into a Facility Agreement - SEC Filing
Friday, 18 Nov 2016 01:07pm EST 

Micron Technology Inc : On November 18, 2016 unit entered into a Facility Agreement - SEC Filing . MSA Capital II will lease such purchased certain equipment back to Micron Singapore . Facility Agreement provides for secured multiple-utilization term loan facility,with maximum aggregate borrowing amount of $800 million . Proceeds of loans under Agreement will be used by MSA Capital II to buy certain equipment from Micron Singapore .Under Facility Agreement loans will mature 5 years after date of first loan utilization.  Full Article

Tsinghua Unigroup says not in talks with Micron regarding Changjiang Storage
Friday, 18 Nov 2016 07:00am EST 

Tsinghua Unigroup Ltd : Says it has not entered any negotiations with U.S. company Micron Technology and any other companies regarding Changjiang Storage .Says Changjiang Storage Vice Chairman Ding Wenwu has never made any comment or released any information on this.  Full Article

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UPDATE 1-Micron names SanDisk co-founder Sanjay Mehrotra CEO

April 27 Chipmaker Micron Technology Inc named SanDisk co-founder Sanjay Mehrotra its chief executive, replacing Mark Durcan who announced his retirement in February.