Micron (MU) and Oracle (ORCL) settle a lawsuit filed by ORCL that accused MU of hatching a...

|About: Micron Technology Inc. (MU)|By:, SA News Editor

Micron (MU) and Oracle (ORCL) settle a lawsuit filed by ORCL that accused MU of hatching a "conspiracy" to increase DRAM chip prices during 1998-2002. MU revises its Q2 results due to the settlement, saying its net loss was $282M, or $0.29/share, $58M lower than previously reported. MU +0.9%, ORCL +0.3% premarket.

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