NEW YORK, March 22, 2013 -Bestdarnpennystocks.com, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Micron Technology, EMC Corporation, Halliburton Company.
Micron Technology, Inc.(NASDAQ:MU) has also presented its earnings report. Although the chipmaker
has posted a net loss, it is optimistic on memory chip pricing. Micron President Mark Adams said: "Both DRAM and NAND are in healthy positions. I would say DRAM is driven primarily by a better supply balance with the existing demand in the industry. NAND is more continued growth in the demand side of the equation."
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As more and more consumers’ prefer smartphones and tablets, personal computer manufacturers who have been major buyers of DRAM chips have been affected. Companies like Micron have therefore started to manufacture more specialized memory for smartphones and tablets.
The company posted a net loss of $286 million, or $0.28 per share, for the quarter ended February 28. This compares with a loss of $282 million, or $0.29 per share, a year earlier.
Revenue climbed to $2.1 billion from $2.0 billion a year ago, topping analysts’ estimates of $1.922 billion.
Shares of Micron jumped 11.50% to $10.11 and made a new 52-week high of $10.18.
EMC Corporation(NYSE:EMC) shares fell 1.39% to $24.16. The company, on Mar. 21, announced that Mediaprint, the largest newspaper and magazine publisher in Austria, has transformed its IT infrastructure with EMC(®) VNX(®) unified storage, EMC VPLEX(®) Metro virtual storage and VMware virtualization solutions. The EMC and VMware solutions have enabled Mediaprint to increase application performance by 300%, achieve
five-nines availability for critical publishing, editorial and production systems, as well as accelerate virtualization of its IT infrastructure.
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Additionally, the company, on Mar. 14, announced that the company has earned LEED Gold - Commercial Interiors certification for Phases 1 and 2 of its 450,000 square foot Center of Excellence in Durham, North Carolina. LEED (Leadership in Energy and Environmental Design) is an internationally recognized green building rating and certification system of the U.S. Green Building Council .
Halliburton Company(NYSE:HAL) shares increased 0.56% to $39.69. The company opened its newly constructed Completion Technology and Manufacturing Center in Singapore on Mar. 18, significantly expanding the Company's Completion Tools technology and manufacturing capacity.
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Additionally, the company will begin trading ex-dividend on March 04, 2013. A cash dividend payment of $0.125 per share is scheduled to be paid on March 27, 2013. Shareholders who purchased HAL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 38.89% increase over the previous quarter.
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