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Micron Technology Inc (MU.OQ)

MU.OQ on NASDAQ Stock Exchange Global Select Market

28.99USD
24 May 2017
Change (% chg)

$0.70 (+2.47%)
Prev Close
$28.29
Open
$28.47
Day's High
$29.11
Day's Low
$28.47
Volume
5,282,264
Avg. Vol
6,220,351
52-wk High
$29.87
52-wk Low
$11.16

Latest Key Developments (Source: Significant Developments)

Greenlight Capital takes share stake in Alere, Micron Technology
Monday, 15 May 2017 04:23pm EDT 

May 15 (Reuters) - Greenlight Capital Inc :Greenlight Capital Inc takes share stake of 1.0 million shares in Alere Inc.Greenlight Capital Inc takes share stake of 1.6 million shares in Micron Technology Inc.Greenlight Capital Inc cuts share stake in Fmc Corp by 53.7 percent to 332,987 shares.Source text for quarter ended March 31, 2017 (http://bit.ly/2qKIyFF) .Source text for quarter ended Dec. 31, 2016: (http://bit.ly/2rj5c45).  Full Article

Appaloosa LP dissolves share stake in Bristol Myers, Qualcomm
Friday, 12 May 2017 04:33pm EDT 

May 12 (Reuters) - Appaloosa LP::Appaloosa LP dissolves share stake in Bristol Myers Squibb Co - sec filing.Appaloosa LP dissolves share stake in J C Penney Co Inc.Appaloosa LP dissolves share stake in Qualcomm Inc.Appaloosa LP ups share stake in Micron Technology Inc from 3.25 million shares to 6.7 million shares.Appaloosa LP ups share stake in Southwest Airlines Co from 1.2 million shares to 3.1 million shares.Appaloosa LP - change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

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

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BRIEF-Greenlight Capital takes share stake in Alere, Micron Technology

* Greenlight Capital Inc takes share stake of 1.0 million shares in Alere Inc