NEW YORK, April 08, 2013 -Bestdarnpennystocks.com, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Micron Technology, Weatherford International, Intel Corporation.
Weatherford International Ltd(NYSE:WFT - News) shares gained 4.40% to $12.58. The company, on March 13, reported that it has planned a conference call on Friday, May 3, 2013 at 8:30 a.m. ET. This conference is arranged to discuss the company’s first quarter financial results ended March 31, 2013. The call will be open to the public.
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Additionally, Zacks upgraded shares of WFT from an underperform rating to a neutral rating in a research note issued to investors on Mar. 22. The firm currently has $12.00 target price on the stock.
Intel Corporation (NASDAQ:INTC - News) shares fell 0.24% to $20.89. The company on March 24, in collaboration with IDC have provided some valuable insights into computing trends; desktop, mobile and tablet, over the next few years. IDC predicts there will be 4.8 million imported devices in Saudi Arabia by 2015.
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Additionally, the company is likely to have a tough road ahead, according to analysts at J.P.Morgan in a report issued to investors on March 21.
Micron Technology, Inc. (NASDAQ:MU - News) shares decreased 1.34% to $9.19. The company, on Mar. 29, noted that certain unsecured creditors of Elpida Memory Inc. filed appeals in Tokyo on Friday, March 29, of the Tokyo
District Court's February 28 order approving Elpida's plan of reorganization. Elpida's reorganization plan calls for Micron to sponsor Elpida's reorganization under which Elpida will become a wholly-owned subsidiary of Micron.
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Moreover, the company, on Mar. 21, reported a second-quarter loss of $286 million, or 28 cents a share, compared with a loss of $282 million, or 29 cents a share, for the year-earlier period. Revenue increased to
$2.08 billion from $2.01 billion in the same quarter last year. Analysts were expecting the chip company to report a loss of 20 cents a share, on revenue of $1.92 billion.
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