On Friday, Shares of Micron Technology, Inc. (NASDAQ:MU), gained 2.45% to $17.57.
On June 25, Micron Technology declared results of operations for its third quarter of fiscal 2015, which ended June 4, 2015. Revenues for the third quarter of fiscal 2015 were $3.85 billion and were 8 percent lower contrast to the second quarter of fiscal 2015 and 3 percent lower contrast to the third quarter of fiscal 2014. Cash flows from operations were $1.34 billion for the third quarter of fiscal 2015.
“In the fiscal third quarter, Micron practiced market headwinds driven primarily by weakness in the PC sector,” stated D. Mark Durcan, Chief Executive Officer. “We remain focused on the long term as we continue to deploy advanced process technology to enable leading-edge products and drive manufacturing efficiency.”
Revenues for the third quarter of fiscal 2015 were 8 percent lower contrast to the second quarter of fiscal 2015 primarily due to a 10 percent decline in DRAM average selling prices and relatively flat DRAM sales volume. The company’s overall merged gross margin of 31 percent for the third quarter of fiscal 2015 was down 3 percent contrast to the second quarter of fiscal 2015 primarily due to lower average selling prices for DRAM, partially offset by lower manufacturing costs.
Investments in capital expenditures were $734 million for the third quarter of fiscal 2015. The company ended the third quarter of fiscal 2015 with cash and marketable investments of $7.33 billion.
Micron Technology, Inc., together with its auxiliaries, provides semiconductor solutions worldwide. The company manufactures and markets dynamic random access memory (DRAM), NAND flash, and NOR flash memory products; and packaging solutions and semiconductor systems.
Shares of Southern Company (NYSE:SO), inclined 0.21% to $43.36, during its last trading session.
The Southern Company, plans to release its earnings for the second quarter of 2015 at 7:30 a.m. EDT on Wednesday, July 29.
Chairman, President and Chief Executive Officer Thomas A. Fanning and Chief Financial Officer Art P. Beattie will talk about earnings during a conference call for financial analysts at 1 p.m. EDT on Wednesday, July 29.
The Southern Company, together with its auxiliaries, operates as a public electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi.
Finally, UnitedHealth Group Incorporated (NYSE:UNH), ended its last trade with 2.35% gain, and closed at $122.15.
The fourth annual United States of Aging Survey finds that adults 60 and older in Denver approach aging more proactively than their national counterparts, reporting that older Americans in the Mile-High City place a much higher emphasis on healthy eating (62 percent and 49 percent, respectively) and relaxation exercises (23 percent and 16 percent) to stay mentally sharp, contrast with older adults nationwide.
Additionally, older adults in Denver rate their personal health much higher than their national counterparts (84 percent and 74 percent).
Each year the United States of Aging Survey – conducted by the National Association of Area Agencies on Aging (n4a), National Council on Aging (NCOA) and UnitedHealthcare – polls U.S. adults 60 and older for their insights on how older Americans are preparing for their later years, and what communities can do to better support this growing population. In addition to the national sample, older adults in Denver and Cincinnati were also surveyed. New in 2015, the national survey polled professionals, counting Area Agencies on Aging staff, credit union managers, primary care physicians and pharmacists, who work closely with older adults to gain their perspectives on the challenges older Americans face as they age.
“The United States of Aging survey shows that older adults in Denver value physical and mental health, and actively manage their health as they age,” said George Young, CEO, UnitedHealthcare Medicare & Retirement in Colorado. “Yet, we still see many older adults need the community’s support, and this need will likely enhance with Denver’s rapidly growing aging population.”
The survey found that 88 percent of older adults in Denver report they are prepared for the process of aging, yet 23 percent expect their quality of life will worsen in the next five to 10 years. However, Denver respondents generally prefer to have a positive outlook on life, with 93 percent considering themselves positive and optimistic. The top three motivating factors are a loving family (16 percent), a positive attitude (16 percent) and faith or spirituality (16 percent).
UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company’s UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; and health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services.
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