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Momentum Stocks At Street: Microchip Technology Inc. (NASDAQ:MCHP), Martin Marietta Materials Inc. (NYSE:MLM), Noble Corp. (NYSE:NE),

Momentum Stocks At Street: Microchip Technology Inc. (NASDAQ:MCHP), Martin Marietta Materials Inc. (NYSE:MLM), Noble Corp. (NYSE:NE),
Written by
Ryan Mitchell
Published on
October 29, 2014
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Microchip Technology Inc. (NASDAQ:MCHP) reported on Tuesday that a new family of 1.8V Serial Quad I/O SuperFlash Memory devices-SST26WF016B. This device proposes 16-Mbit of memory as well as is manufactured with Microchip's high-performance SuperFlash technology, which provides the industry's fastest erase times and superior reliability. Microchip Technology Inc. (NASDAQ:MCHP) stock has highest price of $41.90 in last session, beginning with a price of $41.27 and reported a gain of 1.72% to the closed at $41.88 with a day range of $41.03-$41.90. The stock is going forward its 52-week low with 13.43% and moving down from its 52 week high price with -15.66%.Martin Marietta Materials Inc. (NYSE:MLM) released that its third quarter earnings of $1.45 a share, excluding non-recurring items, $0.24 lower than the Capital IQ Consensus anticipates of $1.69; revenues rose 52.9% year/year to $917.9M as compared to the $1000.46M consensus. Shares of Martin Marietta Materials Inc. (NYSE:MLM) traded at $116.90 by plunging -3.08% with price volatility of 3.31% for a week and 3.27% for a month. Its beta stands at 1.23 times.The MLP would be included of interests in decide on rigs chosen from Noble Corp. (NYSE:NE) existing fleet. If realized, the firm would anticipates to file a registration statement with the SEC relating to the initial public offering of common units in the MLP during the Q2 of 2015. Noble Corp. (NYSE:NE) stock hit highest price at $21.07, beginning with a price of $21.00 and reported an advance of 4.03% to the closed at $20.93 with a day range of $20.46-$21.07. The total market capitalization remained 5.322 Billion, total volume of 9.23 Million shares held in the session was surprisingly higher than its average volume of 6648.00 shares.

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