On 7 MAY Globalstar, Inc. (NYSEMKT:GSAT) announced its financial results for the three-month period ended March 31, 2014. Revenue was $20.5 million for the first quarter of 2014 compared to $19.3 million for the first quarter of 2013, an increase of 6%, which was due to increases in both service revenue and subscriber equipment sales revenue. Globalstar, Inc. (NYSEMKT: GSAT) weekly performance is 1.88%. On last trading day company shares ended up $3.25. Analysts mean target price for the company is $4.52. Globalstar, Inc. (NYSEMKT: GSAT) distance from 50-day simple moving average (SMA50) is 16.09%.
Zendesk Inc (NYSE:ZEN) announced the pricing of its initial public offering of 11,111,111 shares of its common stock at a price of $9.00 per share. The shares are expected to begin trading on the New York Stock Exchange on May 15, 2014 under the ticker “ZEN.” All of the common stock is being offered by Zendesk, Inc. In addition, Zendesk, Inc. has granted the underwriters a 30-day option to purchase up to 1,666,666 additional shares of common stock from Zendesk, Inc. at the initial public offering price. Zendesk Inc (NYSE:ZEN) shares advanced 8.20% in last trading session and ended the day on $16.50.
Lam Research Corporation (NASDAQ:LRCX) recently received a price target upgrade by equities research analysts at RBC Capital who raised their price target from $57 to $62 in a recently released research note. The raised price target now suggests potential upside of nearly 6% from the stock’s previous closing.Lam Research Corporation (NASDAQ:LRCX) shares moved up 0.73% in last trading session and was closed at $58.95, while trading in range of $58.10 – $59.24. Lam Research Corporation (NASDAQ:LRCX) year to date (YTD) performance is 8.26%.
Yandex NV (NASDAQ:YNDX) announced the nomination of Mr. Herman Gref. The company is one of the leading internet corporations based in Europe, besides being the largest search provider in Russia. Gerf was nominated for election as a new member of the company’s BOD at this year’s annual general meeting of stockholders. Yandex NV (NASDAQ:YNDX) ended the last trading day at $30.56. Company weekly volatility is calculated as 3.12% and price to cash ratio as 13.36. Yandex NV (NASDAQ:YNDX) showed a positive weekly performance of 4.37%.
On 13 MAY Bravo Enterprises Ltd (OTCMKTS: OGNG) reports that the Company has signed with a distributor to actively target office water cooler suppliers in the United States. Bravo Enterprises Ltd (OTCMKTS: OGNG) on last trading day company shares ended up $0.0390.
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