Earnings and Losses

Topic: Steve Appleton

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Micron Q4 beats Street, investors take profits

SAN FRANCISCO (Reuters) - U.S. chipmaker Micron Technology Inc < posted a narrower-than-expected quarterly loss as improving demand boosted sales and prices, but its shares gave up initial gains as investors locked in profits.Some analysts said investors were also disappointed that the ...

Reuters US Online Report Business News |

Micron Technology posts wider 4Q loss

Micron Technology 4th-quarter loss widens, hurt by chargeMemory chip maker Micron Technology Inc. said Wednesday its fiscal fourth-quarter loss widened as the industry continues to face oversupply problems and pricing pressures.The company also said it is implementing a 20 percent salary ...

AP News |