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Major Movers on June 20; MU, NOK, MSFT, GME, RAD, FNSR, WMGI

Micron Technology Inc, (NASDAQ: MU) plunged about 3.15% by afternoon trade. Across-the-board sell-off in U.S. equities on Thursday could be the only reason why Micron shares are sliding. The Company handed better-than-expected fiscal third quarter results on Wednesday. For the quarter, the company reported adjusted earnings of 4 cents a share on revenue of $2.32 [...]

June 20th, 2013 | Tags: , , , , , , | Category: Large Cap Growth Stocks | Leave a comment
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Finisar Corp Provides Upbeat Q1 Earnings Guidance, Shares Rally in Afterhours (FNSR)

Finisar Corporation (NASDAQ: FNSR) said late last evening that its fiscal fourth-quarter net income slumped 78% as acquisitions related write-downs and charges offset the communication solution provider’s improved revenue growth and higher margin.

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June 20th, 2013 | Tags: | Category: Large Cap Growth Stocks | Leave a comment
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Finisar Q4 Outlook In-Line With Street’s Forecast (FNSR)

Telecommunications-equipments and solutions provider, Finisar Corporation (NASDAQ: FNSR) reported late last evening that it swung into a loss in its fiscal third quarter bottom line felt the pinch due to dip in revenue and higher expenses.

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March 8th, 2013 | Tags: | Category: Large Cap Growth Stocks | Leave a comment

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