TASER International, Inc. (NASDAQ:TASR) shares climbed 0.45% to $18.01 in the pre-market hour. The company on Jan. 8 announced multiple orders of its TASER® brand conducted electrical weapons (CEWs) and its next generation Smart Weapons. The bulk of the orders were shipped in the fourth quarter of 2013, with the remainder of the orders shipping in the first quarter of 2014.
“We continue to see growing momentum as the market transitions to our new TASER Smart Weapon platforms, which offer significant improvements in safety, effectiveness, and accountability,” said Rick Smith, Founder & Chief Executive Officer. “Customer reactions to our new Smart Weapons have been very positive, with a host of orders driving a strong finish to 2013.”
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Micron Technology, Inc.(NASDAQ:MU) shares declined 0.47% to $23.76 in the pre-market hour. The company on Jan. 7 announced results of operations for its first quarter of fiscal 2014, which ended November 28, 2013. Revenues in the first quarter of fiscal 2014 were $4.04 billion and were 42 percent higher compared to the fourth quarter of fiscal 2013 and 120 percent higher compared to the first quarter of fiscal 2013. On a GAAP basis, net income was $358 million, or $0.30 per diluted share, compared to net income of $1.71 billion, or $1.51 per diluted share, in the fourth quarter of fiscal 2013 and a net loss of ($275) million, or ($0.27) per diluted share, in the first quarter of fiscal 2013.
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LinkedIn Corp (NYSE:LNKD) shares gained 0.65% to $211 in the pre-market hour. The company is facing a common plague of social networking companies: thousands of fake accounts used for spam and other nefariousness. So the company is using an increasingly familiar tactic: It’s suing those responsible for setting up the fake accounts, even though it doesn’t know who they are.
Suspicious patterns of activity started on LinkedIn’s network last spring, according to a complaint filed on Jan. 6 in federal district court in Northern California. Thousands of accounts were set up with automated tools, then used to gather information about actual people on the site.
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