Market Alert: Transocean Ltd.

Posted by on Feb 24, 2016

TigerLogic Corporation (NASDAQ:TIGR) shares moved up 3.13% in last trading session and ended the day at $0.25. TigerLogic Corporation (NASDAQ:TIGR) quarterly performance is 26.92%.

On 18 February, TigerLogic Corporation (NASDAQ:TIGR) announced it has reached a definitive agreement to sell its assets associated with its Postano business to Sprinklr, Inc., the world’s most complete enterprise social technology company. The sale has been approved by the Company’s Board of Directors and a majority of its stockholders. The sale is subject to customary closing conditions, including the distribution of an Information Statement on Schedule 14C to non-consenting shareholders. The transaction is expected to close in March 2016.

Littelfuse Inc. (NASDAQ:LFUS) ended the last trading day at $113.91. Company weekly volatility is calculated as 1.77% and price to cash ratio as 7.67. Littelfuse Inc. (NASDAQ:LFUS) showed a weekly performance of 0.52%.

Littelfuse Inc. (NASDAQ:LFUS) announced cash dividend payment of $0.29 per share is scheduled to be paid on March 10, 2016. Shareholders who purchased LFUS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that LFUS has paid the same dividend.

On 23 February, Knight Transportation Inc. (NYSE:KNX) shares moved up 0.12% and was closed at $25.33. KNX EPS growth in last 5 year was 15.20%. Knight Transportation Inc. (NYSE:KNX) year to date (YTD) performance is 4.54%.

Knight Transportation Inc. (NYSE:KNX) said that, Robert Synowicki Jr. and Roberta “Sissie” Roberts Shank have joined Knight Transportation Inc.’s board of directors, according to the diversified truckload carrier.

Dimension Therapeutics, Inc. (NASDAQ:DMTX) shares decreased -2.61% in last trading session and ended the day at $7.47. DMTX has a return on assets of -55.60%. Dimension Therapeutics, Inc. (NASDAQ:DMTX) quarterly performance is -42.45%.

Equities research analysts at Cantor Fitzgerald assumed coverage on shares of Dimension Therapeutics, Inc. (NASDAQ:DMTX) in a research note issued on Wednesday, Marketbeat reports. The brokerage set a “buy” rating and a $10.00 price target on the stock. Cantor Fitzgerald’s target price would indicate a potential upside of 43.68% from the stock’s previous close.

Transocean Ltd. (NYSE:RIG) caters to the Basic Materials space. It has a net profit margin of -7.20% and weekly performance is -1.39%. On the last day of trading company shares ended up at $8.54. Transocean Ltd. (NYSE:RIG) distance from 50-day simple moving average (SMA50) is -20.47%.

Transocean Ltd. (NYSE:RIG) announced that the company has received a notice of early termination from Esso Exploration Angola (Block 15) Limited for the ultra-deepwater semisubmersible GSFDevelopment Driller I. The rig’s drilling contract is expected to end in May 2016 with the demobilization completed in June 2016. In accordance with the terms of this contract, the company will not receive a payment compensating it for the remaining contract term.

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