The sensor maker company InvenSense Inc (NYSE:INVN) failed to live up to expectation in its Q42014 reporting. Although revenue column behaved, shareholders had much interest in the bottom-line that eventually fell short of the Street view. However, the company downplayed the impact on its earnings and instead said the future was more important. About the future, the company expects to generate higher revenue and improve the bottom-line. InvenSense Inc (NYSE:INVN) shares after opening at $18.09 moved to $19.89 on last trade day and at the end of the day closed at $19.63. Company price to sales ratio in past twelve months was calculated as 6.93 and price to cash ratio as 17.92. InvenSense Inc (NYSE:INVN) showed a negative weekly performance of -5.17%.
Apple entered into a three year deal with Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) and, as per the contract, the Taiwanese company will manufacture latest A-series chips for future iPhones, iPads and iPod touch devices. TSMC as well as Global UniChip, the company’s integrated circuit design service partner, will be supplying the new A-series chips, which will be developed on 20-nanometer, 16-nanometer and 10-nanometer process nodes for the forthcoming iOS devices. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) shares fell -0.76% in last trading session and ended the day on $19.62. TSM return on equity ratio is recorded as 23.40% and its return on assets is 15.80%. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) yearly performance is 3.26%.
RF Micro Devices Inc (NASDAQ:RFMD) CEO Robert A. Bruggeworth sold 50,000 shares of the stock on the open market in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $8.59, for a total value of $429,500.00. Following the sale, the chief executive officer now directly owns 1,241,520 shares of the company’s stock, valued at approximately $10,664,657. RF Micro Devices, Inc. (NASDAQ:RFMD) shares moved up 1.17% in last trading session and was closed at $8.65 while trading in range of $8.51 – $8.74 – RF Micro Devices, Inc. (NASDAQ:RFMD) year to date (YTD) performance is 67.64%.
Call traders descended on Sunedison Inc (NYSE:SUNE) at a faster-than-usual pace yesterday, as the contracts were exchanged at more than twice their average daily clip. Of the 74,000 calls that changed hands, the majority did so at a pair of long-term strikes — specifically, the January 2015 25- and 30-strike calls, where matching 20,000-contract lots traded during the late morning. Sunedison Inc (NYSE:SUNE) weekly performance is 2.33%. On last trading day company shares ended up $20.23. Sunedison Inc (NYSE:SUNE) distance from 50-day simple moving average (SMA50) is 6.14%. Analysts mean target price for the company is $22.83.
Broadcom Corporation (NASDAQ:BRCM)‘s stock had its “outperform” rating reiterated by Zacks in a research report issued on Wednesday,AnalystRatings.Net reports. They currently have a $37.00 price target on the stock. Broadcom Corporation (NASDAQ:BRCM) shares after opening at $30.33 moved to $30.71 on last trade day and at the end of the day closed at $30.66 . Company price to sales ratio in past twelve months was calculated as 2.17 and price to cash ratio as 6.12. Broadcom Corporation (NASDAQ:BRCM) showed a positive weekly performance of 3.02%.
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