Corning Incorporated (NYSE:GLW) board of directors has decided to pay a dividend of $0.10 per share of the common stock to the shareholders on June 30, 2014. The dividend will be paid to those who have registered a business till May 30, 2014. Corning Incorporated (NYSE:GLW) net profit margin is 21.10% and weekly performance is 1.52%. On last trading day company shares ended up $21.44. Analysts mean target price for the company is $21.92. Corning Incorporated (NYSE:GLW) distance from 50-day simple moving average (SMA50) is 3.50%.
One such stock that you may want to consider dropping is Plug Power Inc. (NASDAQ:PLUG), which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #4 (Sell) further confirms weakness in PLUG. Plug Power Inc. (NASDAQ:PLUG) shares fell -2.20% in last trading session and ended the day on $4.00. PLUG gross Margin is -44.40% and its return on assets is -251.80%.Plug Power Inc. (NASDAQ:PLUG) quarterly performance is 2.56%.
TE Connectivity Ltd. (NYSE:TEL) will begin trading ex-dividend on May 28, 2014. A cash dividend payment of $0.29 per share is scheduled to be paid on June 13, 2014. TE Connectivity Ltd (NYSE:TEL) shares moved up 0.28% in last trading session and was closed at $58.29, while trading in range of $58.13 – $58.60. TE Connectivity Ltd (NYSE:TEL) year to date (YTD) performance is 6.23%.
China BAK Battery Inc. (NASDAQ:CBAK) announced on May 20, Net revenues were $34.3 million for the three months ended March 31, 2014, as compared to $44.0 million for the same period in 2013, representing a decrease of $9.7 million, or 22.2%. China BAK Battery Inc. (NASDAQ:CBAK) ended the last trading day at $2.24. Company weekly volatility is calculated as 8.92% and price to cash ratio as 2.82.China BAK Battery Inc. (NASDAQ:CBAK) showed a positive weekly performance of 3.23%.
Data I/O Corporation (NASDAQ:DAIO) announced on 1 may, Net loss of $343,000 in Q1 2014, compared to a net loss of $459,000 in Q1 2013. Adjusted EBITDA excluding equity compensation in Q1 2014 and Q1 2013 was a loss of $93,000 and $222,000, respectively. Data I/O Corporation (NASDAQ:DAIO) net profit margin is -16.60% and weekly performance is -7.72%. On last trading day company shares ended up $2.75. Analysts mean target price for the company is $2.64. Data I/O Corporation (NASDAQ:DAIO) distance from 50-day simple moving average (SMA50) is 5.31%.
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