On Tuesday, Shares of Micron Technology, Inc. (NASDAQ:MU), surged 11.36% to $19.61, as a report surfaced a top Chinese university’s investment arm was considering a $23 billion bid for the semiconductor maker.
Micron stated it has yet to receive an offer by Tsinghua Holdings, according to a Bloomberg report. But such a transaction would bolster China’s technology that is used in building memory chips for smartphones and computers. According to Bloomberg, China supplies more than 50% of the semiconductors used around the world.
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 ConAgra Foods, Inc. (NYSE:CAG), remained almost unchanged to $44.72, during its last trading session.
ConAgra Foods, approved a dividend payment of $0.25 per common share to be paid on Sept. 1, 2015, to stockholders of record at the close of business on July 30, 2015.
ConAgra Foods, Inc. operates as a food company primarily in North America. The company operates through three segments: Consumer Foods, Commercial Foods, and Private Brands.
Finally, Dynegy Inc. (NYSE:DYN), ended its last trade with -0.03% loss, and closed at $29.49.
Dynegy Inc., declared that its Board of Directors declared a dividend of $1.34375 per share on the outstanding 5.375% Series A Mandatory Convertible Preferred Stock that will be paid on August 3, 2015 to stockholders of record of the Mandatory Convertible Preferred Stock on July 15, 2015. The dividend is for the dividend period starting on May 1, 2015 and ending on July 31, 2015.
Dynegy Inc., through its auxiliaries, produces and sells electric energy, capacity, and ancillary services in the United States. It operates in three segments, Coal, IPH, and Gas. The company sells its services on a wholesale basis from its power generation facilities. It has a fleet of 15 power plants in 5 states totaling about 13,000 megawatts of generating capacity.
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