Tech Active Stocks: Oi SA (ADR) (NYSE:OIBR), Microsoft Corporation (NASDAQ:MSFT), Micron Technology (NASDAQ:MU), Advanced Micro Devices (NYSE:AMD)
Moody’s Investors Service on June 27 said Oi S.A. (ADR) (NYSE:OIBR)’s announcement that it has reached an agreement with the Brazilian subsidiary of SBA Communications Corp. to sell 1,641 tower sites in Brazil for BRL1.2 billion is credit positive as it will help the company continue to reduce debt. Assuming Oi uses 100% of the sale proceeds for debt repayment, the net reduction in adjusted … Continue reading Tech Active Stocks: Oi SA (ADR) (NYSE:OIBR), Microsoft Corporation (NASDAQ:MSFT), Micron Technology (NASDAQ:MU), Advanced Micro Devices (NYSE:AMD)