Qualcomm Inc. (NASDAQ:QCOM) recently received the regulatory approval in India to divest its remaining stake in Broadband Wireless Access (BWA) spectrum to the local operator Bharti Airtel. QUALCOMM, Inc. (NASDAQ:QCOM) shares after opening at $79.49 moved to $79.61 on last trade day and at the end of the day closed at $78.86. Company price to sales ratio in past twelve months was calculated as 5.24 and price to cash ratio as 7.72. QUALCOMM, Inc. (NASDAQ:QCOM) showed a positive weekly performance of 1.44%.
Quest Resource Holding Corporation (OTCBB:QRHC), a leading provider of integrated sustainability and recycling solutions to businesses, yesterday announced financial results for the fourth quarter and fiscal year ended December 31, 2013. Quest Resource Holding Corp (OTCBB:QRHC) shares fell -7.83% in last trading session and ended the day on $2.12.
Stifel believes that Micron Technology, Inc. (NASDAQ:MU) stock has been under pressure lately because some believe that flash memory prices will decline after DRAM spot prices fell 9% month-over-month in March. However, the firm thinks that spot prices are not as reliable a leading indicator as they once were, and it believes that the company’s manufacturing costs can continue to decline more than its average selling prices this quarter. Micron Technology, Inc. (NASDAQ:MU) shares moved up 7.99% in last trading session and was closed at $23.66, while trading in range of $22.21 – $23.68. Micron Technology, Inc. (NASDAQ:MU) year to date (YTD) performance is 8.78%.
Raymond James & Associates The China Mobile announcement regarding Alcatel-Lucent SA (ADR) (NYSE:ALU) new one-year comprehensive frame agreement valued at up to 750 million euros/$1.04 billion comes as good news, but the degree of upside is uncertain; therefore, we hold a positive bias. Alcatel Lucent SA (ADR) (NYSE:ALU) weekly performance is 4.00%. On last trading day company shares ended up $3.90. Alcatel Lucent SA (ADR) (NYSE:ALU) distance from 50-day simple moving average (SMA50) is -5.36%. Analysts mean target price for the company is $5.14.
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