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After Hours Most Active for Mar 30, 2016 : TERP, MU, BAC, SPLS, SMFG, VRX, FTR, WMB, MSFT, MDVN, RDC, GE

The NASDAQ 100 After Hours Indicator is down .39 to 4,490.49. The total After hours volume is currently 31,861,161 shares traded. The following are the most active stocks for the after hours session TerraForm Power, Inc. ( TERP )

AT&T Mulling Own Android Smartphone Play, Despite Amazon Flop?

AT&T ( T ) is in talks with startup Cyanogen, which has already partnered with Microsoft ( MSFT ), to bring a smartphone to market powered by Cyanogen’s version of open-source Android, not Google’s, say reports. Amazon.com ( AMZN ) flopped with its “Fire” mobile phone, which used a variant of Google’s Android operating system. Well-funded Cyanogen’s technology, though, could give AT&T an edge. Spain-based Telefonica ( TEF ) in late 2015 was the first European wireless firm to launch a smartphone running the Cyanogen operating system. Cyanogen, which has raised $115 million in funding, aims to sell handset makers a version of Android that doesn’t include Google’s services and online store. Under parent Alphabet ( GOOGL ), Google has been asserting more control over Android devices, giving AT&T motivation to seek alternatives , said a report on The Information news site. Besides Cyanogen, AT&T would also work with China-based equipment maker ZTE to develop the smartphone. Microsoft has partnered with Cyanogen to make apps for Skype, Cortana and OneNote available on its Android-based OS. One problem with Amazon’s Fire phone was that its online store did not have all the popular apps from Google and third-party developers. Amazon ended Fire Phone sales last September. Image provided by Shutterstock .

Micron Confirms DRAM Pricing Slide; Bottom Line Tops Expectations

Micron Technology ( MU ) stock was up 2.5% in after-hours trading Wednesday, after the memory chipmaker reported a Q2 bottom-line beat despite a 10% average price reduction in DRAM (dynamic random-access memory) chip prices. Wall Street was expecting the DRAM pricing decline. Micron stock rose a fraction in Wednesday’s regular session, to 10.48. For its fiscal Q2 ended March 3, Micron reported a 30% year-over-year dip in sales to $2.93 billion and a 5-cent per-share loss ex items, vs. 81 cents earnings per share minus items in the year-earlier period. Sales missed the consensus of 33 analysts polled by Thomson Reuters for $3.05 billion, but the bottom line beat, as analysts modeled an 8-cent per-share loss ex items. Both measures were in line with Micron’s three-months-ago guidance for $2.9 billion to $3.2 billion and 5-12 cents in per-share losses. Micron CEO Mark Durcan noted the tough DRAM environment, which analysts say is under pressure by excess supply from South Korean rivals Samsung and SK Hynix. DRAM sales price and volume declined by 10% sequentially in Q2. Nonvolatile memory sales declined 6% quarter over quarter, on a 15% decline in average sales prices, partially offset by greater sales volume, Micron said. “Although we continue to navigate challenging market conditions, we are on track with deploying our advanced DRAM and Nand (flash memory) technologies and improving our cost structure,” Durcan said in the company’s earnings release. Durcan said he expects Micron to improve its competitive position is the second half of 2016.