Shares of Micron Technology, Inc. (NASDAQ:MU) [Trend Analysis] swings enthusiastically in regular trading session, it a decrease of -0.26% to close at $15.49. Until recently 3D NAND has been only hitting the market within SSDs, but now Micron Technology stated it’s ready for mobile devices. Last week the firm introduced its first 3D NAND memory technology optimized for mobile devices and its first products based on the Universal Flash Storage (UFS) 2.1 standard. Micron’s first foray into mobile 3D NAND is a 32GB offering aimed at the high and mid-end smartphone sections, which make up about 50% of worldwide smartphone volume, stated Gino Skulick, VP of marketing in Micron’s mobile business unit in a telephone interview with EE Times. The firm is sampling the new 3D NAND with mobile consumers and partners, and it will be widely accessible by the end of 2016.
Micron 3D NAND for mobile is the first to be built using floating gate technology, and stacks layers of data storage cells vertically to create storage capacity that is three times that of previous generation planar NAND technologies. Skulick stated the smaller 3D NAND memory die measuring only 60.217mm, enabling a tiny footprint for the memory that can free up room for a larger battery to meet user expectations or allow for the creation of even smaller form factor devices. Micron’s 3D NAND die is up to 30% smaller than planar NAND die of the same capacity, he stated. Moving forward to saw long-term intention, MU; experts calculate Return on Investment of 14.20%. The stock is going forward its fifty-two week low with 66.38% and lagging behind from its 52-week high price with -19.74%. MU last month stock price volatility remained 3.23%.
Sirius XM Holdings Inc. (NASDAQ:SIRI) [Trend Analysis] knocking active thrust in leading trading session, shares a loss of -0.94% to 4.20 with about 54.07 Million shares have changed hands in this session. SiriusXM (SIRI) reported Nissan North America will automatically give consumers purchasing select Nissan or Infiniti vehicles equipped with navigation a multi-year subscription to SiriusXM Traffic and SiriusXM Travel Link, comprising detailed traffic data with information on traffic speed and flow; accident, construction, and road closures; as well as national weather information, fuel prices, sports scores, and movie listings. The stock is going forward its fifty-two week low with 27.66% and lagging behind from its 52-week high price with -5.41%.
The positive performance for the quarter recorded as 7.97% and for the year was 6.33%, while the YTD performance remained at 3.19%. SIRI has Average True Range for 14 days of 0.07.
The TJX Companies, Inc. (NYSE:TJX) [Trend Analysis] retains strong position in active trade, as shares scoring -5.80% to $77.97 in a active trade session, while looking at the shares volume, about 12.51 Million shares have changed hands in this session. T.J. Maxx’s parent firm reported that a Q2 profit and sales results Tuesday that beat Wall Street expectations as shoppers keep flocking to its stores to grab name brands at deep discounts. TJX Cos., which also operates HomeGoods and Marshalls amidother stores, raised its profit guidance for the year but provided a third-quarter outlook that fell short of expectations.
It cited wage raises for its workers and negative currency effects as factors depressing quarterly profits. TJX stated net income came to $562.2 million, or 84 cents per share, in the quarter ended July 30. That compares with $549.3 million, or 80 cents per share a year earlier. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share. The retailer posted income of $7.88 billion in the period, also surpassing forecasts. Eight analysts surveyed by Zacks predictable $7.87 billion. The firm has institutional ownership of 90.20%, while insider ownership included 0.20%. TJX attains analyst recommendation of 1.90 with week’s performance of -3.62%. Investors looking additional ahead will note that the Price to next year’s EPS is 11.61%.