Diversified Electronics in news: Corning Incorporated (NYSE:GLW), Advanced Energy (NASDAQ:AEIS), China BAK (NASDAQ:CBAK), Espey Manufacturing & Electronics (NYSEMKT: ESP), Altair Nanotechnologies (NASDAQ:ALTI)

On 27 MAY Corning Incorporated (NYSE:GLW) said it will begin trading ex-dividend. A cash dividend payment of $0.1 per share is scheduled to be paid on June 30, 2014. Shareholders who purchased GLW stock prior to the ex-dividend date are eligible for the cash dividend payment. Corning Incorporated (NYSE:GLW) net profit margin is 21.10% and weekly performance is 0.33%. On last trading day company shares ended up $21.41. Analysts mean target price for the company is $22.00. Corning Incorporated (NYSE:GLW) distance from 50-day simple moving average (SMA50) is 2.73%.

Advanced Energy Industries, Inc. (NASDAQ:AEIS) announced that after nearly three years at the helm, Garry Rogerson has decided to step down from his role as chief executive officer. Until a successor is identified, Garry will continue to lead the strong management team at Advanced Energy. Advanced Energy Industries, Inc. (NASDAQ:AEIS) shares fell -6.53% in last trading session and ended the day on $17.76. AEIS Gross Margin is 38.30% and its return on assets is 6.20%. Advanced Energy Industries, Inc. (NASDAQ:AEIS) quarterly performance is -36.59%.

On 20 MAY China BAK Battery Inc. (NASDAQ:CBAK) reported results of second quarter.Net revenues decreased by $9.7 million, or 22.2%, to $34.3 million for the three months ended March 31, 2014, from $44.0 million for the same period in 2013.Gross profit was $3.7 million for the three months ended March 31, 2014, an improvement of $7.2 million from a gross loss of $3.6 million for the same period in 2013.Operating loss was $2.8 million for the three months ended March 31, 2014, an improvement of $13.8 million, or 83.2%, from an operating loss of $16.6 million for the same period in 2013.Net loss was $9.3 million for the three months ended March 31, 2014, a decrease of $10.4 million, or 52.9%, from $19.7 million for the same period in 2013.China BAK Battery Inc. (NASDAQ:CBAK) shares moved up 0.93% in last trading session and was closed at $2.18, while trading in range of $2.01 – $2.28. China BAK Battery Inc. (NASDAQ:CBAK) year to date (YTD) performance is -1.80%.

On 2 JUNE The Board of Directors of Espey Manufacturing & Electronics Corp. (NYSEMKT:ESP) announces that by mutual agreement with the Board of Directors, Mark St. Pierre has resigned as President, Chief Executive Officer and a director of the company. This resignation will be effective on June 27, 2014. Espey Manufacturing & Electronics Corp. (NYSEMKT: ESP) ended the last trading day at $22.92. Company weekly volatility is calculated as 5.11% and price to cash ratio as 4.19. Espey Manufacturing & Electronics Corp. (NYSEMKT: ESP) showed a negative weekly performance of -13.18%

On 27 MAY Altair Nanotechnologies Inc. (NASDAQ:ALTI) reports the Company received a non-compliance letter from the Nasdaq Stock Market (“Nasdaq”) and has secured a new working capital loan. Altair Nanotechnologies Inc. (NASDAQ:ALTI) weekly performance is -4.00%.On last trading day company shares ended up $2.88. Analysts mean target price for the company is $2.75. Altair Nanotechnologies Inc. (NASDAQ:ALTI) distance from 50-day simple moving average (SMA50) is -24.47%.