Micron Technology, Inc (NASDAQ:MU) shares surged by 1.64%, Ford Motor Company (NYSE:F)

Posted by Chris Bell May 29, 2013 0 Comment 1735 views


Micron Technology, Inc (NASDAQ:MU): Tuesday’s trading session saw Micron Technology, Inc (NASDAQ:MU) rising by 1.64%. The opening price of $11.74 climbed to an intraday high of $11.88 before settling down to close at $11.69 per share. Around 25.64 million shares were traded in the last trading session, which stood below the average volume of 29.60 million that was measured over 30 days.

Micron Technology, Inc (NASDAQ:MU) is an international manufacturer as well as a marketer of different semi-conductor devices. These are largely NAND Flash, NOR Flash memory and DRAM. The company also manufactures other packaging solutions, memory technologies and semiconductor systems that are used in consumer, computing, automotive, networking, embedded, industrial as well as mobile products. Apart from this, it manufactures numerous semiconductor components that are used in other semiconductor products and CMOS images sensors.

Micron Technology, Inc (NASDAQ:MU) operates in four different segments: DRAM Solutions Group, NAND Solutions Group, Embedded Solutions Group and Wireless Solutions Group. MU’s products include Dynamic Random Access Memory (NAND Flash Memory and NOR Flash Memory.

Ford Motor Company (NYSE:F): Tuesday’s trading session saw Ford Motor Company (NYSE:F) rising by 3.31%. The opening price of $15.22 climbed to an intraday high of $15.35 before settling down to close at $15.10 per share. Around 59.25 million shares were traded in the last trading session, which stood above the average volume of 40.10 million that was measured over 30 days.

Over the past year, Ford Motor Company (NYSE:F) have risen nearly 40%, but the company isn’t yet operating at its optimum level. Over the last quarter, the company’s pretax profit in North America had touched the highest level since the past ten years, but its losses in Europe had grown. What’s heartening to note is that the demand in Europe seems very close to getting bottomed-out and it may have already done that. The continent is slowly becoming less of a pull-down and there is a distinct possibility that Ford Motor Company (NYSE:F) could ascend another 50% over the next 2 years,

Ford is a cars and trucks manufacturer. Along with its subsidiaries the company is also involved in other businesses such as financing vehicles.


About Chris Bell

Chris Bell is an investing reporter for GDP Insider. Chris covers financial markets and Wall Street, concentrating on developments affecting individual investors and their portfolios. Chris is also over consumer reporter and covers a wide variety of issues ranging from housing to immigration to urban poverty. Chris graduated from the University of Scranton with a degree in Communication and Philosophy. Chris's diligent investigations earned him the honor of being named "Best Reporter" once by the Headliners Foundation of Texas and once by the Houston Press Club.

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