Hot Stocks: QUALCOMM, Inc. (NASDAQ:QCOM), Sony Corporation (ADR) (NYSE:SNE), Sigma Designs (NASDAQ:SIGM), Texas Instruments Incorporated (NASDAQ:TXN)

Wireless chip giant Qualcomm Inc. (NASDAQ:QCOM), has agreed to acquire various phone-related patents from Hewlett-Packard, including intellectual property from Palm, IPAQ, and Bitfone. A large part of Qualcomm business is intellectual property and licensing, mostly around cell phones, so acquiring these will help beef up its already strong patent portfolio. QUALCOMM, Inc.(NASDAQ:QCOM), stock opened at $75.29 in last session, and closed at $74.08, while the day range of stock is $74.06-$45.44. The stock showed a negative weekly performance of -0.86%.

Sony Corporation (ADR) (NYSE:SNE) Pictures Classics announced that they have acquired all North American, German and Scandinavian rights to Ira Sachs’ feature LOVE IS STRANGE. Sony Corporation (ADR) (NYSE:SNE), stock opened at $16.87, in last session and closed at $16.72, by losing -0.42%. The 52 week range of the stock is $13.75-$23.38. Company’s market capitalization is $17.35billion.

Sigma Designs Inc (NASDAQ:SIGM), the leader in connected media platforms, and Mitsumi announced that Mitsumi is now a licensed second source for Z-Wave(R) 500 series wireless RF technology, a Sigma Designs technology. Sigma Designs Inc (NASDAQ:SIGM), stock decreased -3.27% and finished the last session at $4.75. The EPS of the stock remained -1.40. Company’s market capitalization is $164.02million.

Texas Instruments Incorporated (NYSE:TXN) VP Melendy E. Lovett unloaded 30,000 shares of Texas Instruments Incorporated stock on the open market in a transaction dated Friday, January 24th. Texas Instruments Incorporated (NASDAQ:TXN), stock opened the session at $43.79, and closed the session at $42.95. The 52 week range of the stock remained $32.19-$44.82 and the day range was $42.88-$44.03.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *