Market Movers: Facebook Inc (NASDAQ:FB), TriQuint Semiconductor (NASDAQ:TQNT), Southwest Airlines (NYSE:LUV), Time Warner (NYSE:TWX), Pilgrim’s Pride Corporation (NASDAQ:PPC)

Facebook Inc (NASDAQ:FB) founder and CEO Mark Zuckerberg has been ordered to appear in a Iranian court to answer complaints that Facebook-owned applications Instagram and Whatsapp violate individuals’ privacy, semiofficial news agency ISNA reported on Tuesday. Facebook Inc (NASDAQ:FB) net profit margin is 21.40% and weekly performance is 7.21%. On last trading day company shares ended up $63.48. Analysts mean target price for the company is $77.91. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 4.47%.

TriQuint Semiconductor (NASDAQ:TQNT) plans’ to expand further into the Chinese markets has seen it appoint Upstar Technology as its new distributor in China; for its high performance mobile products. Upstar’s LTE focus and advancement in mobile centric product line looks’ set to work well with TriQuint business strategy in China. Upstar will be required to provide customers top quality access to TriQuint innovative RV technology to further fuel growth initiatives. TriQuint Semiconductor (NASDAQ:TQNT) shares advanced 2.55% in last trading session and ended the day on $16.07. Gross Margin is 31.40% and its return on assets is -2.80%. TriQuint Semiconductor (NASDAQ:TQNT) quarterly performance is 39.74%.

Equities researchers at JPMorgan Chase & Co. boosted their target price on shares of Southwest Airlines Co (NYSE:LUV) from $21.00 to $21.50 in a research report issued on Tuesday. The firm currently has an “underweight” rating on the stock. JPMorgan Chase & Co.’s target price suggests a potential downside of 16.63% from the stock’s previous close. Southwest Airlines Co (NYSE:LUV) shares moved up 0.31% in last trading session and was closed at $25.87, while trading in range of $25.76 – $25.99. Southwest Airlines Co (NYSE:LUV) year to date (YTD) performance is 37.53%.

On May 22, Time Warner Inc (NYSE:TWX) announced a dividend on Thursday, May 8th, StockRatingsNetwork reports. Stockholders of record on Friday, May 23rd will be paid a dividend of 0.3175 per share on Friday, June 6th. The ex-dividend date is Wednesday, May 21st. Time Warner Inc (NYSE:TWX) ended the last trading day at $70.59. Company weekly volatility is calculated as 1.47% and price to cash ratio as 17.56. Time Warner Inc (NYSE:TWX) showed a positive weekly performance of 1.15%.

Pilgrim’s Pride Corporation (NASDAQ:PPC) launched a takeover bid for Hillshire Brands on Tuesday that would expand its business beyond fresh and frozen chicken into a variety of packaged meats, including Ball Park hot dogs and Jimmy Dean sausages. Pilgrim’s Pride Corporation (NASDAQ:PPC) net profit margin is 7.10% and weekly performance is 3.57%. On last trading day company shares ended up $25.52. Analysts mean target price for the company is $23.67. Pilgrim’s Pride Corporation (NASDAQ:PPC) distance from 50-day simple moving average (SMA50) is 16.56%.

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