The Zynga Inc (NASDAQ:ZNGA) said it’s recruiting new candidates to its board after Reid Hoffman and Jeffrey Katzenberg stepped down, putting the number of independent directors below the Nasdaq minimum. The departure of the two directors, first announced in April, leaves Zynga out of compliance with Nasdaq Stock Market rules requiring a majority of independent directors, the San Francisco-based company said in a June 13 regulatory filing. The company has until July 27 to submit a plan to Nasdaq outlining how it intends to regain compliance with the rule. Upon acceptance of the plan, the Nasdaq may give the company until Dec. 9 to comply, according to the filing. Zynga Inc (NASDAQ:ZNGA) net profit margin is -13.20% and weekly performance is -0.32%. On last trading day company shares ended up $3.10. Analysts mean target price for the company is $4.57. Zynga Inc (NASDAQ:ZNGA) distance from 50-day simple moving average is -12.53%.
Synthetic Biologics, Inc. (NYSE: SYN) announced that researchers at Cedars-Sinai Medical Center (Cedars-Sinai) found that eradication of breath methane and reduction of intestinal levels of the most common methanogenic bacterium in the human gut (M. smithii) resulted in improved insulin sensitivity by up to 50 percent, and a reduction in total cholesterol and LDL cholesterol levels in pre-diabetic, obese human subjects. The findings provide preliminary evidence that the management of methane in the gut may lead to a new generation of medicines for treating Type 2 diabetes and obesity, two morbidities often linked together. Synthetic Biologics Inc (NYSEMKT:SYN) shares advanced 4.27% in last trading session and ended the day on $1.71. SYN its return on assets is -122.50%. Synthetic Biologics Inc (NYSEMKT:SYN) quarterly performance is -37.13%.
dELiA*s, Inc. (NASDAQ:DLIA) is a retail company primarily marketing to teenage girls. Last week, dELiA*s received stockholder approval to increase the number of authorized shares of common stock. The company received $24.1 million from the sale of the secured convertible notes that occurred on February 18, 2014 through the conversion of the secured convertible notes into series B convertible preferred stock. dELiA*s, Inc. (NASDAQ:DLIA) shares moved up 8.86% in last trading session and was closed at $0.860, while trading in range of $0.82-$0.90.dELiA*s, Inc. (NASDAQ:DLIA) year to date performance is -2.27%.
Linn Energy, LLC (NASDAQ:LINE) will begin trading ex-dividend on June 05, 2014. A cash dividend payment of $0.2416 per share is scheduled to be paid on June 12, 2014. Shareholders who purchased LINE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 12th quarter that LINE has paid the same dividend. At the current stock price of $29.36, the dividend yield is 9.87%. Linn Energy LLC (NASDAQ:LINE) ended the last trading day at $31.70. Company weekly volatility is calculated as 1.37% and price to cash ratio as 153.81. Linn Energy LLC (NASDAQ:LINE) showed a positive weekly performance of 1.34%.
The Baidu Inc (ADR) (NASDAQ:BIDU) on June 12 announced that its free Android antivirus app Baidu Mobile Security has received certification from the IT security institute AV-TEST, earning top marks in all testing criteria among 30 Android security apps worldwide. Baidu Inc (ADR) (NASDAQ:BIDU) net profit margin is 30.90% and weekly performance is 4.40%. On last trading day company shares ended up $184.46. Analysts mean target price for the company is $1304.09. Baidu Inc (ADR) (NASDAQ:BIDU) distance from 50-day simple moving average is 12.60%.
Leave a Reply