Kolkata, West Bengal -- (SBWIRE) -- 09/16/2013 -- Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on Nokia Corporation (ADR)(NYSE:NOK), Micron Technology, Inc. (NASDAQ:MU), Microsoft Corporation (NASDAQ:MSFT).
Nokia Corporation (ADR)(NYSE:NOK) shares jumped 0.79% to $6.41. The company has on September 6, 2013 received a flagging notification in accordance with Chapter 9, section 5 of the Finnish Securities Markets Act from Microsoft Corporation (NASDAQ:MSFT). As announced on September 3, 2013 Microsoft has made available to Nokia EUR 1.5 billion financing in the form of convertible bonds to be issued by Nokia. Each tranche is of nominal value of EUR 500 million maturing in 2018 (“2018 Bond”), in 2019 (“2019 Bond”) and in 2020 (“2020 Bond”), respectively.
Additionally, Microsoft Corporation (NASDAQ:MSFT) on Sept. 3 announced its agreement to acquire Nokia Corporation (ADR) (NYSE:NOK)’s Devices and Services section, including the right to license the patent and to use the mapping services, for €5.44 billion. Under the terms of the agreement, the software giant will also acquire the mobile phone and smartphone business units including the Lumia & Asha brands and related production facilities of the Finnish smartphone manufacturer.
Should Investors Buy NOK After Yesterday’s Jump? Find Out Here
Micron Technology, Inc. (NASDAQ:MU) shares closed at $16.20. Altera Corporation (NASDAQ: ALTR) and Micron Technology, Inc. on Sept. 4 announced they have jointly demonstrated successful interoperability between Altera Stratix® V FPGAs and Micron's Hybrid Memory Cube (HMC). This technology achievement enables system designers to evaluate today the benefits of HMC with FPGAs and SoCs for next-generation communications and high-performance computing designs. The demonstration provides an early proof point that production support of HMC will be delivered with Altera's Generation 10 portfolio, in alignment with market timing, and includes both Stratix 10 and Arria 10 FPGAs and SoCs.
How Should Investors Trade MU After The Recent Volatility? Get Free Trend Analysis Here
Microsoft Corporation (NASDAQ:MSFT) shares gained 1.04% to $33.03. At the International Broadcasters Conference (IBC) on Sept. 13, Microsoft Corp. announced a host of new features to be included in the next version of its digital rights management system, PlayReady, when it is released later this year. This new version of PlayReady will support industry standards including HTML5, Encrypted Media Extensions (EME) and the MPEG-DASH streaming format as well as provide software development kits (SDKs) for iOS and Android.
Additionally, the company on Sept. 3 announced its agreement to acquire Nokia Corporation (ADR) (NYSE:NOK)’s Devices and Services section, including the right to license the patent and to use the mapping services, for €5.44 billion. Under the terms of the agreement, the software giant will also acquire the mobile phone and smartphone business units including the Lumia & Asha brands and related production facilities of the Finnish smartphone manufacturer.
Is MSFT A Good Buy After The Recent Price Movement? Find Out Here
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