NASDAQ Stocks News: (NASDAQ:MU), (NASDAQ:LINE)
New York, NY -- (ReleaseWire) -- 05/07/2013 --Micron Technology Inc. (NASDAQ:MU) recently announced a new PCIe all-flash I/O accelerator to improve overall performance in enterprise servers, appliances and storage platforms. The new Micron P420m combines consistent performance with the inherent power efficiency of an all-flash system to deliver improved economics for enterprise data centers. The P420m accelerates performance of today's demanding data center applications, including online transaction processing (OLTP), data warehousing and virtualization.
"The P420m is a true workhorse—it delivers where performance matters most," said Ed Doller, VP and general manager of Micron's Enterprise SSD division.
Micron Technology, Inc., together with its subsidiaries, engages in manufacturing and marketing semiconductor devices worldwide.
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Linn Energy, LLC (NASDAQ:LINE) announced last month financial and operating results for the three months ended March 31, 2013, and the company's outlook for the remainder of 2013. LINN Energy reported
- Increased average daily production 69 percent to 796 MMcfe/d, compared to 471 MMcfe/d for the first quarter 2012.
- Increased adjusted EBITDA 18 percent to $356 million, compared to $302 million for the first quarter 2012.
- Reduced lease operating expenses 26 percent to $1.24 per Mcfe, compared to $1.67 per Mcfe for the first quarter 2012.
- Distribution coverage ratio of 0.88x, which was negatively affected by weather, infrastructure related curtailments and lower than expected oil production.
Linn Energy, LLC, an independent oil and natural gas company, engages in the acquisition and development of oil and natural gas properties.
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