Atossa Genetics Inc. (NASDAQ:ATOS) announced that its Board of Directors has approved the adoption of a stockholder rights agreement. The stockholder rights agreement is designed to deter coercive, unfair, or inadequate takeovers and other abusive tactics that might be used in an attempt to gain control of Atossa without paying all stockholders a fair price for their shares. The stockholder rights agreement will not prevent takeovers at a full and fair price, but is designed to deter coercive takeover tactics and to encourage anyone attempting to acquire Atossa to first negotiate with the Board of Directors. Atossa Genetics Inc (NASDAQ:ATOS) weekly performance is 59.17%. On last trading day company shares ended up $1.91. Analysts mean target price for the company is $8.75. Atossa Genetics Inc (NASDAQ:ATOS) distance from 50-day simple moving average (SMA50) is 29.47%.
ReneSola Ltd (ADR) (NYSE:SOL) a leading brand and technology provider of solar photovoltaic (“PV”) products, announced the appointment of Jason Wu as the Company’s vice president of marketing. In this newly created position, Mr. Wu will oversee the Company’s global marketing, new product management, as well as brand enhancement. ReneSola Ltd. (ADR) (NYSE:SOL) shares advanced 8.95% in last trading session and ended the day on $2.80. Gross Margin is 6.80% and its return on assets is -11.40%. ReneSola Ltd. (ADR) (NYSE:SOL) quarterly performance is -20.90%.
On May 5, YY Inc (ADR) (NASDAQ:YY) is a revolutionary renowned real-time and interactive social media platform, reported about the unaudited results of Q1-2014 that ended on March 31. The China-based company helps the wide user-base communicate by voice, video and text. The CEO and Cofounder, David Xueling Li came up with a detailed announcement pertaining to economic statistics. YY Inc (ADR)(NASDAQ:YY) showed an improved generation of revenue in the realm of entertainment and music. The revenues distinctly shot up from RMB116.8 million to a whopping RMB383.1 (a significant increase of 228%) over a year’s tenure! Furthermore, YY progressed in garnering revenues from Online gaming by 36.3% between the first quarters of 2013 and 2014. Incomes particularly of Non GAAP basis hiked up during Q1-2014 from RMB82.1 million (in Q1-2013) to RMB207.6 million, by a phenomenal 153%. YY Inc (ADR) (NASDAQ:YY) shares moved up 11.12% in last trading session and was closed at $62.23, while trading in range of $56.12 – $62.50. YY Inc (ADR) (NASDAQ:YY) year to date (YTD) performance is 23.77%.
Sprint Corporation and NTELOS Holdings Corp. (NASDAQ:NTLS) announced that Sprint and NTELOS Inc. (“nTelos”) reached an amended agreement to extend their Strategic Network Alliance (“SNA”) through 2022. Under the agreement, nTelos will continue to serve as the exclusive network provider for Sprint in the SNA territory, which covers approximately 2.1 million people in West Virginia and the western part of Virginia. NTELOS Holdings Corp. (NASDAQ:NTLS) ended the last trading day at $14.32. Company weekly volatility is calculated as 5.15% and price to cash ratio as 3.51. NTELOS Holdings Corp. (NASDAQ:NTLS) showed a positive weekly performance of 8.68%.
A long string of large put sales continues in Cell Therapeutics Inc (NASDAQ:CTIC) as shares are surging. optionMONSTER systems detected the sale of 10,000 June 2.50 puts for $0.12 on a wide bid/ask spread this morning. Open interest in the strike was just 487 contracts before the trade appeared, so this is clearly a new position. Cell Therapeutics has seen heavy put selling on a regular basis for several months, most recently a month ago to the day . Cell Therapeutics Inc (NASDAQ:CTIC) weekly performance is 7.09%. On last trading day company shares ended up $2.87. Analysts mean target price for the company is $4.63. Cell Therapeutics Inc (NASDAQ:CTIC) distance from 50-day simple moving average (SMA50) is -10.70%.
Leave a Reply