Micron Technology shares rise on strong earnings, favorable outlook

October 3, 2015 at 7:00PM

Good memory: Micron Technology shares rose 8 percent to $15.91 Friday after the chipmaker reported earnings and revenue growth that exceeded analyst expectations, and its CEO said the industry's long-term conditions look favorable.

Good spin: Yahoo shares rose 6 percent to $29.23 Tuesday after the company said it would proceed with the spinoff of its stake in Chinese e-commerce company Alibaba Group Holding Ltd. despite concerns over tax implications. Yahoo shares finished the week at $30.70.

Lift at Lauren: Ralph Lauren jumped 11 percent, to $115.92 Wednesday after the company named a new CEO to replace its founder. The new chief, Stefan Larsson, is a rising retail star credited with reviving Gap Inc.'s Old Navy brand. Ralph Lauren stock is still down sharply for the year. It closed ­Friday at $117.36.

Deal move: Western Digital rose 15 percent, to $79.19 Wednesday after the digital storage company agreed to a $3.8 billion investment from China's Unisplendour Corp. Its shares closed the week at $79.44.

Job juggling: Twitter sank 6 percent, to $25.26 Thursday on reports it would tap co-founder Jack Dorsey as its permanent CEO. Twitter closed at $26.31 Friday.

Donuts dunked: Dunkin' Brands plunged 12 percent to $43.21 Thursday after the company's revenue estimates fell short of analysts' forecasts. Dunkin' Brands shares closed Friday at $43.30.

Bad taste: McCormick & Co. shares dropped 3.5 percent, to $79.34 Thursday after the spice maker reported declining earnings due to currency impact and weakness in India. Its shares closed the week at $79.26.

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