As widely anticipated, Micron delivered a stellar set of numbers last night in its earnings report for its fiscal third quarter ended in May. The company reported earnings of $1.62 per share on revenues of $5.57 billion versus Street expectations of $1.51 per share on revenue of $5.41 bill
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Micron is set to report earnings after the close of regular market trading today.Wall Street analysts are expecting the company to report earnings of $1.51 per share on revenues of $5.4 billion for the quarter ended in May. For the current quarter ending in August, current Street consensus is for ea
Toshiba had pledged to its shareholders to have a deal in place (and signed) by today for the sale of its flash memory chip unit. In reality, not only was the deal left unsigned but instead, Toshiba decided to sue its partner in the chip business, Western Digital, for a billion dollars citing interf
Alibaba is making some big moves this morning in order to solidify its footing in the offline world and position itself to take advantage of the ongoing/oncoming blending between the online and offline worlds.First, the company announced that they will invest about $1 billion to increase its stake i
Western Digital, along with its bidding partner private equity player KKR & Co, has submitted another offer for Toshiba's flash memory unit in a last-ditch effort to prevent Toshiba from signing a deal with its preferred buyer/bidder comprised of a group led by the two Japanese government affili