Mercury Systems Inc (NASDAQ:MRCY) which provides image and digital signal processing systems to defense and aerospace is said to be in tie-up discussions with commercial aircraft maker The Boeing Company (NYSE:BA). Mercury Systems Inc (NASDAQ:MRCY) shares after opening at $14.32 moved to $14.40 on last trade day and at the end of the day closed at $13.80. Company price to sales ratio in past twelve months was calculated as 2.12 and price to cash ratio as 10.31. Mercury Systems Inc (NASDAQ:MRCY) showed a positive weekly performance of 8.83%.
Mylan (NYSE:MYL) was upgraded by analysts at Citigroup Inc. from a neutral rating to a buy rating. Mylan Inc (NASDAQ:MYL) shares advanced 1.54% in last trading session and ended the day on $50.63. MYL return on equity ratio is recorded as 20.90% and its return on assets is 4.80%. Mylan Inc (NASDAQ:MYL) yearly performance is 76.84%.
Shares of First Solar Inc. (NASDAQ:FSLR) which builds solar power equipment and solar energy plants, are climbing after Citigroup hiked its price target on the stock. WHAT’S NEW: In a note to investors earlier today, Citi analyst Shahriar Pourreza increased his price target on First Solar to $87 from $63. After the company last month raised its 2015 earnings per share guidance, Pourreza thinks its guidance could be conservative. The analyst expects the company’s 2015 and 2016 EPS to beat expectations, as he predicts the company’s operating margins will rise, while its selling prices will increase. First Solar, Inc. (NASDAQ:FSLR) shares moved up 1.84% in last trading session and was closed at $69.72 while trading in range of $68.66 – $72.96 – First Solar, Inc. (NASDAQ:FSLR) year to date (YTD) performance is 27.60%.
Barrick Gold Corporation (USA) (NYSE:ABX) announced it has completed the divestiture of its minority interest in the Marigold mine (“Marigold”) in Nevada to Silver Standard Resources Inc. (“Silver Standard”) for total cash consideration of $86 million, subject to certain closing adjustments. Barrick Gold Corporation (USA) (NYSE:ABX) weekly performance is 0.98%. On last trading day company shares ended up $18.48. Barrick Gold Corporation (USA) (NYSE:ABX) distance from 50-day simple moving average (SMA50) is -5.47%. Analysts mean target price for the company is $20.51.
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