Technical Breakout: AK Steel Holding Corporation, Ford Motor Company, Micron Technology, SanDisk Corporationadmin
New York, December 04, 2013 /Accesswire/ – Market Buzz Report, a leading penny stock newsletters provider, issues major news alert for AK Steel Holding Corporation (NYSE:AKS), Ford Motor Company (NYSE:F), Micron Technology, Inc. (NASDAQ:MU), SanDisk Corporation (NASDAQ:SNDK).
Steel Holding Corporation (NYSE:AKS) shares closed at $5.74. The company on
Dec. 3 said that the U.S. International Trade Commission (ITC) has made a
unanimous preliminary determination that non-oriented electrical steel (NOES) produced
in several foreign countries is causing injury to AK Steel. The preliminary injury determination means
that cases against NOES producers in six countries will proceed.
Free Urgent Insider Catalyst Report For AKS Available Here: http://marketbuzzreport.com/index.php?code=AKS (Or Copy and paste the URL into your browser)
Additionally, the company on Nov. 22 said that it will increase base prices for some of the specialty stainless steel products, effective with shipments on January 1, 2014. The company said the increase will be achieved through a discount reduction of two percentage points.
Moreover, the company on Nov. 21 said it has received the “Corporation of the Year” award from the Greater Cincinnati Minority Counsel Program (GCMCP). The mission of the GCMCP is to increase corporate legal work for minority attorneys through an alliance comprised of lawyers from leading companies, law firms and government entities located in Greater Cincinnati.
Ford Motor Company (NYSE:F) shares gained 0.06% to $16.57 in the pre-market hour. The company on Dec. 3 said its November U.S. sales of 190,449 vehicles are up 7 percent overall compared with last year. Retail sales are up 9 percent, for the best November performance since 2004. The November retail sales performance of 147,021 vehicles reflects broad-based gains, with passenger cars up 6 percent, utilities up 3 percent and trucks up 17 percent. Ford passenger cars achieved the best November retail sales result since 2002, with Ford Fusion and Ford Fiesta both posting records.
Free Urgent Insider Catalyst Report For F Available Here: http://marketbuzzreport.com/index.php?code=F (Or Copy and paste the URL into your browser)
Additionally, the company on Nov. 21 said it will invest $150 million and add approximately 350 new jobs at its Buffalo Stamping Plant, reinforcing the company’s commitment to the plant, the city of Buffalo and the state of New York.
The investment is for more than 25 new subassemblies, including hoods, doors and fenders, more than 500 new dies and a new blanketing line, as well as equipment upgrades and refurbishing to support future product programs. In addition, Buffalo Stamping will add a third shift to its press room to help increase plant capacity.
Micron Technology, Inc. (NASDAQ:MU) shares gained 2.63% to $21.83. The company on Dec. 2 announced that the company has named Rajan Rajgopal, vice president of Quality. Rajgopal will be responsible for overseeing all aspects of Micron’s quality systems including manufacturing, customer program management and product ramps. He brings more than 25 years of experience to Micron and most recently served as the vice president of Global Quality and Customer Enablement for GLOBALFOUNDRIES in Singapore.
Free Urgent Insider Catalyst Report For MU Available Here: http://marketbuzzreport.com/index.php?code=MU (Or Copy and paste the URL into your browser)
SanDisk Corporation (NASDAQ:SNDK) shares dropped 0.50% to $67.90. The company announced that Sanjay Mehrotra, president and chief executive officer, addressed the investment community attending the Credit Suisse 2013 Annual Technology Conference at 11:00 a.m. MT on Tuesday, December 3rd. The session will be webcast and can be accessed live from the SanDisk Investor Relations website at www.sandisk.com/IR. A replay of the webcast will also be available.
Free Urgent Insider Catalyst Report For SNDK Available Here: http://marketbuzzreport.com/index.php?code=SNDK (Or Copy and paste the URL into your browser)
USMarketBuzz.com is an investment community that focuses on MicroCap Securities. USMarketBuzz.com is an authorative authentic Google News Site and Leading Provider of Investment Awareness and Featured Company Profiles. If you would like more information regarding our news coverage solutions, please visit http://www.USMarketBuzz.com/ for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.USMarketBuzz.com/.
Follow us on Facebook: https://www.facebook.com/usmarket.buzz
Sign up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PREPROMO to 27126 (SMS alerts are free, however data rates may apply, check your wireless plan for details.).
Posted: December 4th, 2013 under ACCESSWIRE.