Durham based, Cree, Inc. (NASDAQ:CREE), plans to grow its Research Triangle Park Footprint by constructing an outdoor lighting test facility. The company currently develops light emitting diodes, indoor and outdoor light bulbs, as well as fixtures and components. It is being reported that the company has already filed with the Durham-City County planning, for the construction of equipment and a 1,850-square foot roofed open pavilion for lighting and research. Cree, Inc. (NASDAQ:CREE) shares after opening at $48.10 moved to $48.21 on last trade day and at the end of the day closed at $46.63. Company price to sales ratio in past twelve months was calculated as 3.58 and price to cash ratio as 4.65. Cree, Inc. (NASDAQ:CREE) showed a negative weekly performance of -18.99%.
Micron Technology, Inc. (NASDAQ:MU) very impressive revenue growth greatly exceeded the industry average of 3.4%. Since the same quarter one year prior, revenues leaped by 97.6%. Growth in the company’s revenue appears to have helped boost the earnings per share. Micron Technology, Inc. (NASDAQ:MU) shares fell -2.69% in last trading session and ended the day on $24.58. MU return on equity ratio is recorded as 32.50% and its return on assets is 15.40%. Micron Technology, Inc. (NASDAQ:MU) yearly performance is 160.66%.
Facebook Inc. (NASDAQ:FB) wants more Monster Shooter makers. The social network recently contacted the game’s maker, Helsinki-based Huuuge, to convince the team to build mobile applications with its tools. The startup didn’t bite, said Anton Gauffin, Huuuge’s founder and executive chairman. Facebook Inc. (NASDAQ:FB) shares moved down -2.72% in last trading session and was closed at $56.14, while trading in range of $54.66 – $58.31. Facebook Inc. (NASDAQ:FB) year to date (YTD) performance is 2.73%.
E-Commerce China Dangdang Inc. (NYSE:DANG), a leading business-to-consumer e-commerce company in China, on 9 April announced it filed its annual report on Form 20-F for the fiscal year ended December 31, 2013 with the Securities and Exchange Commission on April 9, 2014. E Commerce China Dangdang Inc. (ADR) (NYSE:DANG) weekly performance is -12.10%. On last trading day company shares ended up $10.97. E Commerce China Dangdang Inc. (ADR) (NYSE:DANG) distance from 50-day simple moving average (SMA50) is -19.74%. Analysts mean target price for the company is $13.69.
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