GE Aviation Awarded Navy Contract and 4 Heavily Traded Shares to Notice Now
Cisco Systems, Inc. (NASDAQ:CSCO) is using a network of scouts to help map their future. They employ their own people to help find new technologies that could be an opportunity, or threat, over the next 10 years or so. Cisco’s 70-person scout team, or what they call their technology radar group, consists of engineers and other employees.
Micron Technology, Inc. (NASDAQ:MU) is trading solidly higher this afternoon and it looks like the options crowd is expecting even more upside for stock. So far today, MU has seen around 36,000 calls cross the tape, about three times their average intra day call volume, and more than double the number of puts exchanged.
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Sirius XM Radio Inc (NASDAQ:SIRI): Bullish speculators have taken notice of Sirius XM Radio Inc.’s solid start to the new year with the stock tacking on more than 6% over the past two days.
Nokia Corporation (NYSE:NOK): According to a report by The Verge that cited sources familiar with the company, Nokia is planning a new line of Lumia Windows Phones for release in 2013. They are planning to make the body on at least one of these devices out of aluminum for a lighter and thinner version of the phone.
General Electric Company (NYSE:GE): According to the office of Sen. Patrick Leahy, General Electric Company Aviation in Rutland, VT was awarded an $8 million contract to build engines for the Navy’s EA-18G aircraft. The total contract of $67 million is being divided among several GE plants. Rutland’s share is 12% of the total award. The Rutland plant has added 200 jobs over the last three years, bringing total employment at its two plants to 1,100.