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Tech Stocks Zone! Micron Technology, Inc. (MU), Intel Corporation (INTC)

Shares of Micron Technology, Inc. (NASDAQ:MU) ended Monday session in red amid volatile trading. The shares closed down -0.05 points or -0.28% at $17.73 with 26.86 million shares getting traded. Post opening the session at $17.99, the shares hit an intraday low of $17.60 and an intraday high of $18.02 and the price vacillated in this range throughout the day. The company has a market cap of $18.66 billion and the numbers of outstanding shares have been calculated to be 1.04 billion shares.

Micron Technology, Inc. (MU) announced that it will hold its fiscal fourth quarter earnings conference call on Tuesday, October 4, 2016 at 2:30 p.m. MDT. A live webcast of the call will be available via the Investor Relations website at investors.micron.com. A webcast replay will be available for approximately one year after the call.

Shares of Intel Corporation (NASDAQ:INTC) ended Monday session in red amid volatile trading. The shares closed down -0.09 points or -0.24% at $37.66 with 14.11 million shares getting traded. Post opening the session at $37.69, the shares hit an intraday low of $37.53 and an intraday high of $37.95 and the price vacillated in this range throughout the day. The company has a market cap of $180.22 billion and the numbers of outstanding shares have been calculated to be 4.73 billion shares.

Intel Corporation (INTC) announced the appointment of Robert “Bob” H. Swan as executive vice president and chief financial officer (CFO), effective Oct. 10, 2016. Swan will report to Intel CEO Brian Krzanich and oversee Intel’s global finance and IT organizations, as well as the Corporate Strategy Office. He replaces Stacy Smith, who, as previously announced, is taking a broader role within Intel leading manufacturing, sales and operations. Smith served nine years as Intel’s CFO.

“I’m thrilled to join Intel, a company where incredible innovation is supported by strong financial management,” Swan said.

“Bob brings a wealth of leadership and financial experience to Intel. His financial acumen and strategic insight will be welcome additions to our leadership team as Intel’s transformation continues,” Krzanich said.

Swan, 56, joins Intel from growth equity firm General Atlantic where he served as an operating partner working closely with the firm’s global portfolio companies on growth objectives. Prior to General Atlantic, he served nine years as the CFO of eBay Inc. Before that, he was CFO at Electronic Data Systems Corp and at TRW Inc. He also served as CFO, COO and CEO of Webvan Group Inc. Prior to that, Bob served in a number of senior finance roles at General Electric.

 

 

 

About Anthony Davis

Anthony Davis has been a contributor on technology for us since from day one. Anthony Davis has provided his services independently. His educational background in technology has given him a broad base of writing columns on technology.

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