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New Products, Business Expansions, Appointments and Financial Results - Research Report on AT&T, Verizon, Micron, Lam Research, and Xerox
  • USA - English

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Analysts' Corner

Oct 31, 2013, 09:00 ET

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NEW YORK, October 31, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting AT&T Inc. (NYSE: T), Verizon Communications Inc. (NYSE: VZ), Micron Technology, Inc. (NASDAQ: MU), Lam Research Corporation (NASDAQ: LRCX), and Xerox Corporation (NYSE: XRX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

AT&T Inc. Research Report

October 24, 2013, AT&T Inc. (AT&T) announced that on November 8, 2013, the Samsung ATIV S Neo will be available at AT&T for $21.0 per month with AT&T Next or $99.99 with a two-year contract. The Company informed that ATIV S Neo is AT&T's first Windows Phone 8 smartphone from Samsung that takes advantage of AT&T's 4G LTE network. AT&T stated that with ATIV S™ Neo, customers can choose from more than 175,000 Windows Phone apps. Company stated that the benefits of ATIV S Neo with Windows Phone 8 include: 4.77" HD display, 8MP back camera with LED flash that can capture up to 1080p video, 1.9 MP front camera sensor, 16GB of built in memory, external Micro SD slot for up to 64GB of removable storage, 5GB of free online cloud storage through AT&T Locker, 1.4GHz dual core processor, and ATIV Beam for transferring files between compatible phones. The Full Research Report on AT&T Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/cbc9_T]

Verizon Communications Inc. Research Report

On October 21, 2013, Verizon Communications Inc. (Verizon) announced that it is offering FiOS TV service in Raynham, Massachusetts. The Company said that with the introduction of FiOS TV, it is offering its revolutionary FiOS triple play of TV, Internet, and voice services to homes and businesses in Raynham. Verizon added that town selectmen signed a local franchise agreement with Verizon on October 8, 2013. According to the Company, consumers now have the option to bundle FiOS TV service, FiOS Internet service, and the FiOS Digital Voice unlimited calling plan for $89.99 a month for two years. The Full Research Report on Verizon Communications Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/ca80_VZ]

Micron Technology, Inc. Research Report

On October 24, 2013, Micron Technology, Inc. (Micron) announced that the Company has named Brian Angell as Vice President, Advanced Controller Development. According to the Company, Mr. Angell will be responsible for leading Micron's controller development in support of Micron's enterprise, mobile, and embedded businesses. Micron informed that Mr. Angell has about 30 years of technology experience in various senior engineering roles, and prior to joining the Company he served as Vice President of Engineering for NVIDIA's mobile business unit. Micron President Mark Adams, commented, "As Micron continues our evolution to more systems-level solutions, we continue to invest in the area of systems enablement that includes a focus in areas such as controller, firmware and software development. We couldn't be more excited to have someone of Brian's caliber leading Micron's advanced controller development efforts." The Full Research Report on Micron Technology, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/9e1c_MU]

Lam Research Corporation Research Report

On October 23, 2013, Lam Research Corporation (Lam Research) announced its Q1 FY 2014 financial results (period ended September 29, 2013). The Company's revenue increased 11.9% YoY to $1.0 billion during the quarter. Net income of the Company came in at $85.5 million or $0.50 per diluted share for Q1 FY 2014, compared to $2.8 million or $0.02 per diluted share in Q1 FY 2013. Martin Anstice, Lam Research's President and CEO, said, "Lam Research posted financial results that met or exceeded our guidance ranges across all key metrics, including our second consecutive quarter of record revenue and solid profit growth. We continue to be excited about the opportunities for growth and remain confident in the depth of our strategies and support from our customers." For Q2 FY 2014, the Company anticipates diluted EPS to be in the range of $0.97 to $1.07. The Full Research Report on Lam Research Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/fe03_LRCX]

Xerox Corporation Research Report

On October 24, 2013, Xerox Corporation (Xerox) announced its Q3 2013 financial results. The Company's total revenues decreased 0.3% YoY to $5.3 billion during the quarter. Net income attributable to Xerox was $286.0 million or $0.22 per diluted share, compared to $282.0 million in Q3 2013, or $0.21 per diluted share in Q3 2012. Adjusted EPS stood at $0.26 compared to $0.25 in Q3 2012. Ursula Burns, Xerox Chairman and CEO, said, "This quarter shows how we are successfully capturing the benefits of a diversified portfolio. Within services we continue to focus on improving our cost structure while maintaining investments in areas where we see opportunity, such as healthcare. We continue to see demand from small and midsize businesses in the United States, and positive trends in the high end of our business." The Company expects full-year 2013 adjusted EPS to be in the range of $1.08 to $1.10. The Full Research Report on Xerox Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/fe69_XRX]

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

www.AnalystsCorner.com

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