Diversified Electronics New Highs: Corning Incorporated (NYSE:GLW), Intevac (NASDAQ:IVAC), Orbotech (NASDAQ:ORBK), Altair Nanotechnologies (NASDAQ:ALTI)

Corning Incorporated (NYSE:GLW) and microcontroller and touch technology service provider Atmel are collaborating to develop ultra-thin capacitive touchscreens with multi-touch performance for next-generation applications. The partnership combines Atmel XSense flexible touch sensors with 0.4mm damage-resistant Corning Gorilla Glass. Corning Incorporated (NYSE:GLW) shares after opening at $20.90 moved to $21.10 on last trade day and at the end of the day closed at $20.97. Company price to sales ratio in past twelve months was calculated as 3.73 and price to cash ratio as 5.57. Corning Incorporated (NYSE:GLW) showed a positive weekly performance of 4.54%.

Intevac (NASDAQ:IVAC) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued on Tuesday, StockRatingsNetwork.com reports. Intevac, Inc. (NASDAQ:IVAC) shares advanced 1.65% in last trading session and ended the day on $9.86. IVAC return on equity ratio is recorded as -12.00% and its return on assets is -9.80%. Intevac, Inc. (NASDAQ:IVAC) yearly performance is 121.08%.

Orbotech Ltd. (NASDAQ:ORBK) announced that the Company’s Board of Directors (the “Board”) approved the allocation of $30 million for the repurchase of the Company’s outstanding ordinary shares, NIS 0.14 nominal (par) value each (“Ordinary Shares”). Such repurchases may be made in the open market, in privately negotiated transactions or in block transactions, at the discretion of the Company. Orbotech Ltd. (NASDAQ:ORBK) shares moved up 0.91% in last trading session and was closed at $15.53 while trading in range of $15.22 – $15.72 – Orbotech Ltd. (NASDAQ:ORBK) year to date (YTD) performance is 14.87%.

At a meeting of the Board of Directors of Altair Nanotechnologies Inc (NASDAQ:ALTI) on March 18, 2014, the Board of Directors appointed Guohua Sun as Interim Chief Executive Officer and appointed Karen Werner as Interim Chief Financial Officer. Altair Nanotechnologies Inc. (NASDAQ:ALTI) weekly performance is -7.48%. On last trading day company shares ended up $4.70. Altair Nanotechnologies Inc. (NASDAQ:ALTI) distance from 50-day simple moving average (SMA50) is -6.93%. Analysts mean target price for the company is $2.75.

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