Kolkata, West Bengal -- (SBWIRE) -- 09/06/2013 -- 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 Sino-Global Shipping America, Ltd. (NASDAQ:SINO), Boston Scientific Corporation (NYSE:BSX), Micron Technology, Inc. (NASDAQ:MU).
Sino-Global Shipping America, Ltd. (NASDAQ:SINO) shares surged 21.43% to $2.21. The company on August 8 announced the planned retirement of its long-term Chief Financial Officer, Mr. Zhang Mingwei. Mr. Zhang's retirement is expected after the Company files its upcoming annual report.
Should Investors Buy SINO After Yesterday’s Slump? Find Out Here
Additionally, the company on August 5 announced the appointment of Anthony S. Chan as Executive Vice President. Mr. Anthony S. Chan is a seasoned CPA licensed in New York with over 20 years of professional experience in auditing and SEC reporting, mergers and acquisitions (M&A), SOX compliance, internal controls and risk management.
The company is a general shipping agency service provider with subsidiaries in Australia, Hong Kong and mainland China. The Company provides shipping agency services in the People’s Republic of China (PRC) through its affiliate, Sino-Global Shipping Agency Ltd. (Sino-China).
Boston Scientific Corporation (NYSE:BSX) shares gained 5.86% to $11.57. BSX’s stock has been upgraded by TheStreet Ratings from hold to buy on Sept. 2. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, solid stock price performance, expanding profit margins, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures.
How Should Investors Trade BSX After The Recent Volatility? Get Free Trend Analysis Here
Additionally, the company is scheduled to participate in the 2013 Stifel Nicolaus Healthcare Conference on Sept. 11 in Boston. Jeff Capello, executive vice president and chief financial officer, will participate in a 30-minute question and answer session regarding the company beginning at approximately 8 a.m. ET.
Moreover, the company on August 13 completed a public offering of $1.05 billion aggregate principal amount of its senior notes under the company's shelf registration statement. The public offering consists of $600 million of 2.650% notes due October 1, 2018 and $450 million of 4.125% notes due October 1, 2023.
Micron Technology, Inc. (NASDAQ:MU) shares gained 2.83% to $15.17. Altera Corporation (NASDAQ: ALTR) and Micron Technology, Inc. (NASDAQ: MU) ("Micron") 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.
Is MU A Good Buy After The Recent Price Movement? Find Out Here
Additionally, MU‘s stock had its “hold” rating reaffirmed by analysts at TheStreet in a research report issued to clients and investors on August 26. Separately, MU’s stock had its price objective raised by Nomura from $12.00 to $14.00 in a research report released on August 14. Nomura currently has a neutral rating on the stock.
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