Facebook Inc. (NASDAQ:FB) successfully defended itself against a lawsuit that claimed the social media company infringed on patents held by a Dutch programmer who launched a website called “Surfbook” more than a decade ago. Facebook Inc. (NASDAQ:FB) net profit margin is 21.40% and weekly performance is 3.20%. On last trading day company shares ended up $64.50. Analysts mean target price for the company is $77.91. Facebook Inc. (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 6.62%.
Shares of Fusion-IO Inc. (NYSE:FIO) have earned an average rating of “Hold” from the twenty-three ratings firms that are currently covering the company, StockRatingsNetwork.com reports. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and nine have given a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $12.91. Fusion-IO, Inc. (NYSE:FIO) shares advanced 5.10% in last trading session and ended the day on $9.28. FIO gross Margin is 55.70% and its return on assets is -17.40%.Fusion-IO, Inc. (NYSE:FIO) quarterly performance is -19.72%.
SanDisk Corporation (NASDAQ:SNDK), a global leader in flash storage solutions, on 3 June announced the availability of its new SanDisk Extreme PRO® SSD—a drive designed for gamers, PC enthusiasts and media professionals who demand the highest possible consistent, real-world performance1. With sequential read speeds of 550 megabytes/second (MB/S) and write speeds of up to 520 MB/s, the SanDisk Extreme PRO loads and runs graphics-intensive applications and game levels in a heartbeat. SanDisk Corporation (NASDAQ:SNDK) shares moved down -0.15% in last trading session and was closed at $98.47, while trading in range of $98.18 – $99.59. SanDisk Corporation (NASDAQ:SNDK) year to date (YTD) performance is 40.43%.
Marvell Technology Group Ltd. (NASDAQ:MRVL) announced on 5 June, Net revenue for the three months ended May 3, 2014 increased by $223.5 million compared to the three months ended May 4, 2013. Marvell Technology Group Ltd. (NASDAQ:MRVL) ended the last trading day at $14.89. Company weekly volatility is calculated as 2.75% and price to cash ratio as 3.84.Marvell Technology Group Ltd. (NASDAQ:MRVL) showed a negative weekly performance of -1.72%.
VMware Inc. (NYSE:VMW) COO Carl M. Eschenbach sold 8,958 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, June 4th. The stock was sold at an average price of $96.53, for a total transaction of $864,715.74. Following the completion of the sale, the chief operating officer now directly owns 63,145 shares of the company’s stock, valued at approximately $6,095,387. VMware, Inc. (NYSE:VMW) net profit margin is 19.30% and weekly performance is -1.98%. On last trading day company shares ended up $95.05. Analysts mean target price for the company is $110.33. VMware, Inc. (NYSE:VMW) distance from 50-day simple moving average (SMA50) is -2.40%.
Leave a Reply