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Stock Market & Financial Investment News

News Breaks
April 30, 2014
06:53 EDTMUMicron likely to raise DRAM chip prices in May, DigiTimes reports
Micron (MU) is likely to raise prices for DRAM chips in May due to low inventory levels in the supply chain, reports DigiTimes. According to industry sources, the raise in DRAM chip prices is also due to an insufficient supply of chips from Samsung (SSNLF) and SK Hynix. Reference Link
News For MU From The Last 14 Days
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August 21, 2014
10:17 EDTMUStocks with call strike movement; MU HTZ
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06:12 EDTMUDRAM prices making downward correction with oversupply concerns, DigiTimes says
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August 14, 2014
10:13 EDTMUDRAM prices to see 'continuous reduction,' DRAMeXchange says
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August 13, 2014
10:12 EDTMUMicron management to meet with Needham
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August 12, 2014
14:28 EDTMUPacific Crest remains on the sidelines of Micron
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August 11, 2014
07:50 EDTMUMicron pullback creates buying opportunity, says Jefferies
Jefferies attributes the recent pullback in shares of Micron to Samsung's DRAM bit growth commentary and Micron's guidance for higher capital expenditures in FY15. Jefferies expects favorable DRAM supply/demand balance to continue through 2015 and thinks Micron will continue to see near-term pricing power. The firm recommends buying the stock at current levels and keeps a Buy rating on Micron with a $38 price target.

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