Sprint Corp. Corporation (NYSE:S) plans to push forward with a bid for T-Mobile US Inc. (TMUS) after meeting with banks last month to make debt arrangements for that offer, people with knowledge of the situation said. Sprint Chief Financial Officer Joe Euteneuer and Treasurer Greg Block met with six banks to ensure the lenders would be ready with financing structures when Sprint decides to pursue a takeover, said three of the people, asking not to named because the discussions are private. T-Mobile US has a market value of $23.5 billion. Sprint Corporation (NYSE:S) shares after opening at $8.97 moved to $9.03 on last trade day and at the end of the day closed at $8.73 . Company price to sales ratio in past twelve months was calculated as 2.03 and price to cash ratio as 4.60. Sprint Corporation (NYSE:S) showed a positive weekly performance of 8.31%.
DIRECTV (NASDAQ:DTV) rose to its highest price on record after reports that AT&T Inc. (T) is considering a bid for the satellite-television company. DIRECTV (NASDAQ:DTV) shares advanced 4.07% in last trading session and ended the day on $80.76. DTV return on equity ratio is recorded as -45.00% and its return on assets is 13.60%. DIRECTV (NASDAQ:DTV) yearly performance is 42.56%.
Atmel Corporation (NASDAQ:ATML) reported first quarter 2014 non-GAAP net income (excluding one-time items) of $29.1 million or 7 cents per share compared with $13.6 million or 3 cents per share in the year-ago quarter. Adjusted earnings for the reported quarter beat the Zacks Consensus Estimate of 2 cents. The year-over-year improvement in earnings is primarily due to higher revenues and lower operating expenses. Atmel Corporation (NASDAQ:ATML) shares moved down -2.19 % in last trading session and was closed at $7.60 while trading in range of $7.47 – $8.25 – Atmel Corporation (NASDAQ:ATML) year to date (YTD) performance is -2.94%.
QuickLogic Corporation (NASDAQ:QUIK) stock is dropping on Thursday after the fabless semiconductor company guided for weakness in its second quarter. QuickLogic Corporation (NASDAQ:QUIK) weekly performance is -26.65%. On last trading day company shares ended up $3.77. QuickLogic Corporation (NASDAQ:QUIK) distance from 50-day simple moving average (SMA50) is -25.65%. Analysts mean target price for the company is $5.50.
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