Though Revenue Shows Signs of Recovery, Profitability Continues to Elude Best Idea Micron
Micron capped off a disappointing fiscal 2016 while providing guidance that indicated fiscal 2017 will be significantly better. We were pleased to receive an update on the Inotera deal, with management expecting the acquisition of the remaining interest in the Taiwanese DRAM supplier to be completed in December, effectively a year after the deal was announced. Our cautiously optimistic opinion on the deal remains unchanged, as the firm already owns a third of Inotera, and the deal will be accret...Micron Technology provides memory and storage solutions. The company's portfolio of memory and storage technologies include Dynamic Random Access Memory, Not And, 3D XPoint? memory, and Not Or. The company's segments are: Compute and Networking Business, which includes memory products sold into client, cloud server, enterprise, graphics, and networking markets; Mobile Business, which includes memory products sold into smartphone and other mobile-device markets; Storage Business, which includes Solid-State Drives and component-level solutions sold into enterprise and cloud, client, and consumer storage markets; and Embedded Business, which includes memory and storage products.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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