Finance

Large Cap Most Active Stocks: Facebook Inc (NASDAQ:FB), Cisco Systems (NASDAQ:CSCO), Alcoa Inc (NYSE:AA), Micron Technology (NASDAQ:MU)

Facebook Inc (NASDAQ:FB) is in talks to buy solar-powered drone maker Titan Aerospace for $60 million, in a bid to provide affordable internet access to consumers in undeveloped parts of the world, technology blog TechCrunch reported on Monday, citing an anonymous source. Facebook Inc (NASDAQ:FB) stock performance was 2.06% in last session and finished the day at $68.80. Traded volume was 41,955,848 million shares in the last session and the average volume of the stock remained 64.94 million shares. Facebook Inc (NASDAQ:FB) insider ownership is 0.60%.

Cisco Systems, Inc. (NASDAQ:CSCO) took advantage of low interest rates in the market to raise cheap debt through the sale of its bonds worth $8 billion. The proceeds from the bond offer will be used to finance share buybacks that the company plans to undertake. Cisco Systems, Inc. (NASDAQ:CSCO) rose 1.16 percent to $21.82 yesterday on volume of 35.71 million shares. The intra-day range of the stock was $21.70 to $21.89. Cisco Systems, Inc. (NASDAQ:CSCO) has a market capitalization of $112.40 million.

Alcoa Inc (NYSE:AA) had the honor to be named the most admired metals company by Fortunes magazine. The company topped the Fortune magazine list for the third time in a row and one wonders if another position at the top is possible for this aluminum giant. Alcoa Inc (NYSE:AA)’s stock on Mar 4, 2014 reported a increase of 1.55% to the closing price of $11.80. Its fifty two weeks range is $7.63 -$12.32. The total market capitalization recorded $12.72 billion. The overall volume in the last trading session was18,536,906 million shares. In its share capital, Alcoa Inc (NYSE:AA) has 1.07 million outstanding shares.

Thomson Reuters/Verus upgraded shares of Micron Technology (NYSE:MU) from a hold rating to a buy rating in a report issued on Monday, AnalystRatingsNetwork reports. On Tuesday, shares of Micron Technology, Inc. (NASDAQ:MU) advanced 2.57% to close the day at $25.11. Company return on investment (ROI) is 1.60% and its monthly performance is recorded as 8.98%. Micron Technology, Inc. (NASDAQ:MU) quarterly revenue growth is 19.00%.