Computer Bases Systems: Concurrent Computer Corp (NASDAQ:CCUR), Daktronics (NASDAQ:DAKT), Lexmark International Inc (NYSE:LXK), Ruckus Wireless Inc (NYSE:RKUS), RadiSys Corporation (NASDAQ:RSYS)

Posted by on Jun 28, 2014

Concurrent (NASDAQ: CCUR), a global leader in video, media data intelligence and real-time Linux® solutions, announced its Board of Directors has declared a quarterly cash dividend of $0.12 per share of common stock.  The dividend is payable on June 27, 2014 to shareholders of record at the close of business on June 13, 2014. Concurrent Computer Corp (NASDAQ:CCUR) net profit margin is 7.60% and weekly performance is -1.68%. On last trading day company shares ended up $7.60. Analysts mean target price for the company is $8.00. Concurrent Computer Corp (NASDAQ:CCUR) distance from 50-day simple moving average is -4.56%.

National Harbor , a 350-acre mixed-use, waterfront community in the Washington, D.C., area, recently added a new outdoor LED video display, manufactured by Daktronics, Inc. (NASDAQ:DAKT) of Brookings, S.D., within its entertainment and retail district. Daktronics, Inc. (NASDAQ:DAKT) shares fell -0.50% in last trading session and ended the day on $11.94. DAKT Gross Margin is 25.70% and its return on assets is 6.40%. Daktronics, Inc. (NASDAQ:DAKT) quarterly performance is -15.68%.

Lexmark International, Inc. (NYSE: LXK) announced that it will increase its cash tender offer price for all of the outstanding shares of Sweden -based ReadSoft (NASDAQ OMX: RSOF-B). The revised cash offer is SEK 43.00 , a 7.4 percent increase from Lexmark’s original offer of SEK 40.05 , for each Class A and Class B share of ReadSoft for a price of approximately $194 million , net of cash acquired.1Lexmark made the decision to increase its tender offer price in response to a competitive offer for ReadSoft shares announced earlier today. Pursuant to the Transaction Agreement, ReadSoft’s Board of Directors has agreed to continue to recommend in favor of Lexmark’s revised tender offer. In addition, ReadSoft’s two largest shareholders continue to support Lexmark’s revised tender offer. Lexmark International Inc (NYSE:LXK) shares moved up 0.95% in last trading session and was closed at $46.99, while trading in range of $46.00-$47.19. Lexmark International Inc (NYSE:LXK) year to date performance is 34.37%.

Equities researchers at Wells Fargo & Co. initiated coverage on shares of Ruckus Wireless (NASDAQ:RKUS) in a research report issued on Tuesday. The firm set a “market perform” rating on the stock. Ruckus Wireless Inc (NYSE:RKUS) ended the last trading day at $11.76. Company weekly volatility is calculated as 4.46% and price to cash ratio as 6.17. Ruckus Wireless Inc (NYSE:RKUS) showed a positive weekly performance of 2.89%.

Radisys® Corporation (“Radisys”) (NASDAQ: RSYS), a market leader providing wireless infrastructure solutions for telecom, aerospace and defense applications, announced that it is deeply saddened by the passing of Kevin C. Melia, a veteran independent director who had served in that capacity since July 2003. Mr. Melia was an integral member of Radisys’ Board of Directors and served on the company’s audit committee and as chairman of the company’s compensation and development committee. RadiSys Corporation (NASDAQ:RSYS) net profit margin is -24.90% and weekly performance is -3.10%. On last trading day company shares ended up $3.13. Analysts mean target price for the company is $5.00. RadiSys Corporation (NASDAQ:RSYS) distance from 50-day simple moving average is -2.32%.

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