Tech Active Stocks: Oi SA (ADR) (NYSE:OIBR), Microsoft Corporation (NASDAQ:MSFT), Micron Technology (NASDAQ:MU), Advanced Micro Devices (NYSE:AMD)

Technology Stocks News 4

Moody’s Investors Service on June 27 said Oi S.A. (ADR) (NYSE:OIBR)’s announcement that it has reached an agreement with the Brazilian subsidiary of SBA Communications Corp. to sell 1,641 tower sites in Brazil for BRL1.2 billion is credit positive as it will help the company continue to reduce debt. Assuming Oi uses 100% of the sale proceeds for debt repayment, the net reduction in adjusted debt will be approximately BRL800 million after Moody’s standard operating lease adjustment. Oi SA (ADR) (NYSE:OIBR) stock performance was 2.08% in last session and finished the day at $0.766. Traded volume was 32.78million shares in the last session and the average volume of the stock remained 16.27million shares. The beta of the stock remained 1.22.

Microsoft Corporation (NASDAQ:MSFT) could soon launch a device that will fill a “small” gap later this Summer — a small tablet computer. Seasoned leaker evleaks, as reported by cnet.com, is reporting that Microsoft’s partner manufacturers have resumed production on the Surface Mini, the smaller version of the new Microsoft Surface Pro 3 tablet computer. Microsoft Corporation (NASDAQ:MSFT) rose 0.45 percent to $41.99 Monday on volume of 21.89million shares. The intra-day range of the stock was $41.71 to $42.12. Microsoft Corporation (NASDAQ:MSFT) has a market capitalization of $346.85billion.

Chip companies led by Micron Technology Inc. (NASDAQ:MU) and consumer shares such as Netflix are driving gains since equities bottomed on April 11, replacing soapmakers and utilities that rallied as the economy slowed. The gains reflect projections that these cyclical stocks will deliver some of the strongest earnings growth in the Standard & Poor’s 500 Index this year, based on analyst estimates compiled by Bloomberg. Micron Technology, Inc. (NASDAQ:MU)’s stock on July 07, 2014 reported a decrease of -2.58% to the closing price of $32.86. Its fifty two weeks range is $12.31 -$34.50. The total market capitalization recorded $35.19billion. The overall volume in the last trading session was 21.33million shares. In its share capital, MU has 1.07billion outstanding shares.

Chipmaker Advanced Micro Devices Inc. (NYSE:AMD) recently expanded its A-Series 4th generation Accelerated Processing Unit (“APU”) portfolio with the introduction of the AMD A10-7800 APU. The A10-7800 APU is currently available for sale in Japan and will be available globally by the end of the month. On Monday, shares of Advanced Micro Devices, Inc. (NYSE:AMD) advanced 0.47% to close the day at $4.26. Company return on investment (ROI) is 3.60% and its monthly performance is recorded as 4.41%. Advanced Micro Devices, Inc. (NYSE:AMD) quarterly revenue growth is 6.23%.

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