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Stock Market & Financial Investment News

News Breaks
May 15, 2014
11:24 EDTLPX, MUStocks with call strike movement; MU LPX
Micron (MU) October 32 call option implied volatility increased 4% to 42, Louisiana-Pacific (LPX) November 17 option implied volatility increased 5% to 37 according to IVolatility.
News For MU;LPX From The Last 14 Days
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December 12, 2014
06:13 EDTMUMicron in talks to revise supply agreement with Inotera, DigiTimes reports
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December 10, 2014
07:40 EDTLPXBofA/Merrill to hold a conference
2014 U.S. Basic Materials Conference is being held in Boston on December 10-11.
December 9, 2014
10:23 EDTLPXOn The Fly: Analyst Downgrade Summary
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06:39 EDTLPXNorbord, Ainsworth merger positive for Weyerhaeuser, says Citigroup
Citigroup views yesterday's merger announcement from Norbord and Ainsworth Lumber as positive for Weyerhaeuser (WY) and the oriented strand board market. Citi expects positive OSB earnings momentum for Weyerhaeuser as prices rebound in 2015-2016. Shares were up 58c yesterday to $36.11. Shares of Louisiana-Pacific (LPX), which attempted to acquire Ainsworth in 2013, rallied $1.33 to $16.83.
06:38 EDTLPXLouisiana-Pacific downgraded to Neutral from Buy at Longbow
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06:25 EDTMUMicron attempt to renegotiate supply agreement with Inotera, DigiTimes says
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December 8, 2014
12:15 EDTLPXLouisiana-Pacific jumps after Canada's Norbord to buy Ainsworth
Louisiana-Pacific is trading higher today after Canada's Norbord and Ainsworth Lumber announced that they have signed a definitive agreement under which they will merge to create a global wood products company focused on oriented strand board across North America, Europe and Asia. WHAT'S NOTABLE: Louisiana-Pacific was planning to takeover Ainsworth Lumber earlier this year, but backed away from the deal due to increased scrutiny from U.S. and Canadian regulators. PRICE ACTION: Shares of Louisiana-Pacific are up almost 10% to $16.99 in midday trading.
07:36 EDTMUMicron December volatility of 31 at low end of historic range
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December 5, 2014
13:55 EDTMUMicron CEO said to be upbeat on DRAM pricing, CNBC's Lee reports
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12:46 EDTLPXLouisiana-Pacific downgraded at DA Davidson
As previously reported, DA Davidson downgraded Louisiana-Pacific to Neutral from Buy. The firm downgraded shares based on valuation and keeps its $16 price target.
12:43 EDTLPXLouisiana-Pacific downgraded to Neutral from Buy at DA Davidson
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06:21 EDTMUDRAMeXchange: DRAM spot prices hit 7-month low, DigiTimes says
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06:00 EDTMUMicron management to meet with Wedbush
Meeting to be held in New York on December 8 hosted by Wedbush.
December 4, 2014
06:25 EDTMUPowertech Technology and Micron announce agreement for services in China
Powertech Technology and Micron Technology announced that they have entered into a series of agreements forming the basis of a long-term strategic relationship for assembly and packaging services in Xi'an, China. Under the agreements, Micron will complement its existing test and module manufacturing operations in the Xi'an High Tech Zone through the construction of a new assembly and packaging facility. Upon its completion, PTI will occupy the assembly facility and provide Micron with assembly and packaging services for a period of several years. Reference Link

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