Micron Technology (NASDAQ: MU) has agreed to buy troubled Japanese rival Elpida Memory Inc. through an agreement that will see the chipmaker spend about $2.5 billion to buy the company’s equity and pay some of its creditors. Micron became Elpida’s financial sponsor in May after the company filed for bankruptcy protection. Micron will acquire the company’s equity for $750 million and pay a total of $1 more »
On Friday, for the second day in a row Arena Pharmaceuticals (NASDAQ: ARNA) topped NASDAQ's most active list, beating second in command Facebook by a whopping 20 million shares. It was the first day in 10 trading days that the stock closed down. While it is not at all unusual for a stock to close down one session in 11, investors who expected the 10-day streak to continue still more »
Rambus (NASDAQ: RMBS) caught investor attention by announcing a large revenue increase in their updated guidance. No explanation about this sudden fortuitous turn of events. Just let the market go crazy and bid up the stock. Nice way to start the year off.
But then you realize the last bit of substantive communication was about the founder and chief scientist taking a leave of absence. Mark Horowitz is stepping down more »
Value and growth investors may find Micron Technology increasingly attractive right now.
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of mobile security technologist VirnetX (NYSEMKT: VHC) made a bad connection this morning, falling as much as 10% on average trading volume.
So what: VirnetX doesn't have any news of its own today more »