The shares of Applied Micro Circuits Corporation (NASDAQ:AMCC), a chip-manufacturer, were close to 5% higher on Friday after the company reported better earnings per share for the fourth quarter, but missed reporting revenues in line with the set expectations. Applied Micro Circuits Corporation (NASDAQ:AMCC), shares after opening at $9.86 moved to $9.93 on last trade day and at the end of the day closed at $9.73. Company price to sales ratio in past twelve months was calculated as 3.34 and price to cash ratio as 6.77. Applied Micro Circuits Corporation (NASDAQ:AMCC), showed a negative weekly performance of 5.17%.
Broadcom Corporation (NASDAQ:BRCM), reported sales figures that were on the higher side. The company stated that a surge in demand for networking components helped counterbalance the dip in the sales of mobile phone based chips. Broadcom Corporation (NASDAQ:BRCM), shares advanced 0.33% in last trading session and ended the day on $30.66. Broadcom Corporation (NASDAQ:BRCM), return on equity ratio is recorded as 4.90% and its return on assets is 3.50%. Broadcom Corporation (NASDAQ:BRCM), yearly performance is -12.90%.
QUALCOMM, Inc. (NASDAQ:QCOM), introduced the new technology as “MU-MIMO,” which stands for “multi-user, multiple-input, and multiple-output.” This new technology allows networks to transmit data to multiple groups of users simultaneously using algorithms that adapt on the fly to changes in usage. QUALCOMM, Inc. (NASDAQ:QCOM), in last trading session was closed at $78.99, while trading in range of $ 78.50 – 79.30. QUALCOMM, Inc. (NASDAQ:QCOM), year to date (YTD) performance is 6.89%.
On April 30, 2014, Hewlett-Packard Company (NYSE:HPQ), announced a joint venture agreement to create a new line of cloud-optimized servers specifically targeting service providers. Hewlett-Packard Company (NYSE:HPQ), weekly performance is 2.88%. On last trading day company shares ended up $32.49. Hewlett-Packard Company (NYSE:HPQ), distance from 50-day simple moving average (SMA50) is 3.58%. Analysts mean target Price for the company is $33.93.
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