Kolkata, West Bengal -- (SBWIRE) -- 08/30/2013 -- 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 Vodafone Group Plc (ADR)(NASDAQ:VOD), Alcoa Inc (NYSE:AA), Micron Technology, Inc. (NASDAQ:MU).
Vodafone Group Plc (ADR)(NASDAQ:VOD) shares gained 8.13% to $31.80. Verizon is in talks to buy out U.S. wireless joint venture partner Vodafone as it looks to grow its lucrative mobile business. In a statement on August 29, Vodafone said it is in discussions with Verizon Communications Inc. (VZ, Fortune 500) over the possible sale of its 45% stake in Verizon Wireless. Verizon Communications holds the remaining 55% share.
Additionally, HybridPayTech, a division of Freeport Capital Inc. CNSX:FAS) technology leader in the mobile payment space, on August 21 announced it has selected Vodafone's (VOD) global machine-to-machine (M2M) platform to provide connectivity for its pioneering mobile payment service. The service allows businesses to equip mobile employees with smartphones or tablets that can securely process credit and debit card payments globally using Vodafone's network.
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Alcoa Inc (NYSE:AA) shares declined 1.51% to $7.81. The company on August 26 announced promotions that will extend Alcoa's leadership in the area of environment, health and safety, and enhance the company's business development and asset management capabilities worldwide.
Mike Barriere, Vice President, Human Resources, was promoted to Executive Vice President, Human Resources and Environment, Health and Safety (EHS). He will have oversight of the newly combined Human Resources and EHS group.
Kevin McKnight, Director, EHS & Sustainability, will become Chief Sustainability Officer and Vice President of EHS, reporting to Barriere effective Sept. 1, 2013. McKnight succeeds Kevin Anton who plans to retire at year-end after more than 30 years in the metals and mining industry, including 15 with Alcoa.
Additionally, the company will begin trading ex-dividend on August 07, 2013. A cash dividend payment of $0.03 per share is scheduled to be paid on August 26, 2013. Shareholders who purchased AA stock prior to the ex-dividend date are eligible for the cash dividend payment.
Is AA A Good Buy After The Recent Price Movement? Find Out Here
Micron Technology, Inc. (NASDAQ:MU) shares gained 2.49% to $13.57. 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.
Additionally, the company issued its quarterly earnings data on Wednesday, June 19th. The company reported $0.04 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.02 by $0.02. The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.24 billion.
Should Investors Rush To Buy MU After The Solid Rally? Get Special Report Here
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