Following U.S. Stocks may claim a “BIG Change” in the course of current trading session: Micron Technology, Inc. (NASDAQ:MU), AutoNation Inc. (NYSE:AN), The Macerich Company (NYSE:MAC)
At 10:15AM, Micron Technology, Inc. (NASDAQ:MU), with shares declined -0.11%, is now trading at $27.10.
AutoNation Inc. (NYSE:AN), with shares gained 1.62%, is now trading at $64.80, hitting new 52-week high of $65.11.
The Macerich Company (NYSE:MAC), with shares gained 1.41%, and is now trading at $79.84.
Headlines regarding these Stocks are depicted underneath:
Micron Technology, Inc. (NASDAQ:MU)
On Wednesday, Micron Technology, Inc. (MU), declared results of operations for its second quarter of fiscal 2015, which ended March 5, 2015. Proceeds for the second quarter of fiscal 2015 (a 13-week fiscal quarter) were $4.17 billion and were 9 percent lower contrast to the first quarter of fiscal 2015 (a 14-week fiscal quarter) and 1 percent higher contrast to the second quarter of fiscal 2014. Cash flows from operations were $1.25 billion for the second quarter of fiscal 2015. The first quarter of fiscal 2015 comprised of an additional week, compriseent with the corporation’s 52/53 week fiscal year. On a normalized basis, proceeds for the second fiscal quarter of 2015 were down 2 percent sequentially.
“Micron posted another solid quarter in our fiscal Q2 2015,” said Micron CEO Mark Durcan. “We are happy with our progress on technology and product migrations and remain confident in the performance of our business.”
Micron Technology, Inc., together with its auxiliaries, provides semiconductor solutions worldwide. The corporation manufactures and markets dynamic random access memory (DRAM), NAND flash, and NOR flash memory products; and packaging solutions and semiconductor systems.
AutoNation Inc. (NYSE:AN)
Today, AutoNation Inc. (AN), declared that it stated to automotive manufacturers, based on their respective sales transaction reporting standards, retail sales of 77,242 new vehicles in the first quarter of 2015, an raise of 10% as contrast to the first quarter of 2014. First quarter 2015 stated retail new vehicle unit sales for AutoNation’s operating segments were as follows:
- 23,923 for Domestic, up 8% as compared to first quarter of 2014,
- 36,389 for Import, up 5% as compared to first quarter of 2014, and
- 16,930 for Premium Luxury, up 25% as compared to first quarter of 2014.
On a same-store basis, stated retail new vehicle unit sales in the first quarter of 2015 were up 8% as contrast to the first quarter of 2014.
Stated retail new vehicle unit sales in March 2015 were 30,107, an raise of 5% as contrast to March 2014. March 2015 stated retail new vehicle unit sales for AutoNation’s operating segments were as follows:
- 9,272 for Domestic, flat as compared to March 2014,
- 13,864 for Import, down 2% as compared to March 2014, and
- 6,971 for Premium Luxury, up 30% as compared to March 2014.
On a same-store basis, stated retail new vehicle unit sales in March 2015 were up 3% as contrast to March 2014.
AutoNation, Inc., through its auxiliaries, operates as an automotive retailer in the United States. The corporation operates in three segments: Domestic, Import, and Premium Luxury. It offers a range of automotive products and services, counting new and used vehicles; parts and services that comprise automotive repair and maintenance services, in addition to wholesale parts and collision services; and automotive finance and insurance products, which comprise vehicle services and other protection products, in addition to arranging finance for vehicle purchases through third-party finance sources.
The Macerich Company (NYSE:MAC)
The Macerich Company (MAC)’s stock was upgraded to “neutral” from “sell” at UBS, which noted the pullback in the shares after Simon Property Group (NYSE: SPG) withdrew its bid to buy Macerich. UBS said it does not expect another bid to emerge, however.
On the other hand, the company Plans First Quarter 2015 Earnings Release after the market closes on Wednesday, April 29, 2015. Administration will hold a conference call at 10:30 am Pacific Time (1:30 pm Eastern Time) on Thursday, April 30, 2015 to talk about quarterly results.
Arthur Coppola, Chairman and CEO, and Thomas O’Hern, Senior Executive Vice President and Chief Financial Officer, will host the call.
The Macerich Corporation is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It primarily engages in attainment, ownership, development, redevelopment, administration and leasing of regional and community shopping centers located throughout the United States.
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