Microsoft Staying MUM on Surface Pricing and 4 Heavily Traded Shares Attracting Investor Attention
Ford Motor Company (NYSE:F): Although not as inclusive as the programs from Chrysler or Volkswagen, enhancements to Ford’s certified used car program mean that buyers with poor credit can now shop with greater confidence.
Cisco Systems, Inc. (NASDAQ:CSCO): Bloomberg reported that Cisco Systems, Inc. (NASDAQ:CSCO), is facing profit margin threats from a new type of software with fewer switches and routers making it easier for customers to handle data traffic.
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Facebook Inc (NASDAQ:FB): According to Cnet, a United Kingdom regulator gave their approval of Facebook’s (NASDAQ:FB) proposed acquisition of Instagram.
Microsoft Corporation (NASDAQ:MSFT): After Google and ASUS revealed that the Jelly Bean based Nexus 7 tablet will retail for $199, they surprised consumers. Is Microsoft Corporation poised to do the same, with their Surface tablet? One report suggested that their 32 gig-a-bite model would sell for $599. However, according to Engadget’s sources, on October 26th, their tablet will retail for as low as $199 .
Micron Technology, Inc. (NASDAQ:MU): Elpida’s bondholders, Linden Advisors, LIM Advisors, Owl Creek Asset Management and Taconic Capital Advisors, have reiterated their opposition to Micron Technology, Inc.’s (NASDAQ:MU) $2.5 billion offer for the company. They provided an alternative plan that includes a $380 million loan to the company to help during their restructuring period. The bondholders, according to The New York Times, say that Micron’s $1.78 billion offer is, “Totally inadequate” and “grossly unfair to creditors and other stakeholders”.
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