Micron Technology, Inc. (NASDAQ:MU) announced a stronger fiscal first-quarter performance with profits worth $1 billion, at 84 cents per share, as against the $354 million or 30 cents per share profits recorded for the same quarter of the previous year. Excluding losses and other items, earnings is at 97 cents per share, up from 77…
Micron Technology, Inc (MU); Apple Inc. (AAPL); Sunedison Inc (SUNE): Top Stock Holdings of Greenlight Capital
Founded by David Einhorn in 1996 with a starting capital of $900,000, Greenlight Capital heavily invests in North American equities and corporate debt offers. Its November 14, 2014 SEC 13F filing shows that it has an amount of $6.8 billion worth of portfolio investment spread across a wide variety of positions. Its top holdings include…
Micron Technology, Inc. (MU)’s Shares Soar Post $1 Billion Stock Repurchase Announcement
The shares of Micron Technology, Inc. (NASDAQ:MU) grew 4% after its $1 billion stock buyback announcement. The company would initiate $1 billion worth of discretionary share repurchase of its outstanding common stock. The semiconductor manufacturer announced the buyback program after announcing better-than-expected fourth quarter results last month. According to Ron Foster, CFO and VP of…