Apple Inc. (NASDAQ:AAPL) has unveiled the 8GB iPhone 5C in India for a super-premium price of Rs 37500, making it even costlier than the 16GB model which is being offered at a lower amount through online retailers. It’s the sort of pricing policy that would make sense in another world, in a galaxy far away from ours. Apple Inc. (NASDAQ:AAPL) net profit margin is 21.40% and weekly performance is 2.78%. On last trading day company shares ended up $614.13. Analysts mean target price for the company is $626.93. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is 10.77%.
Cadence Design Systems, Inc. (NASDAQ:CDNS), a leader in global electronic design innovation, announced a new integrated solution to significantly cut down die-package interconnect planning time from weeks to days by reducing iterations between silicon and package design teams. The solution, built on Cadence® OrbitIO™ technology, also shortens the time to converge on the physical interface between the die and package up to 60 percent, all within the context of the full system. Cadence Design Systems Inc (NASDAQ:CDNS) shares advanced 1.07% in last trading session and ended the day on $16.94. Gross Margin is 85.90% and its return on assets is 4.70 %. Cadence Design Systems Inc (NASDAQ:CDNS) quarterly performance is 11.89%.
Equities researchers at Needham & Company LLC upped their price objective on shares of SanDisk Corporation (NASDAQ:SNDK) from $90.00 to $115.00 in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock. Needham & Company LLC’s price objective points to a potential upside of 23.39% from the stocks previous close. SanDisk Corporation (NASDAQ:SNDK) shares moved up 1.15% in last trading session and was closed at $94.27, while trading in range of $92.87 – $94.55. SanDisk Corporation (NASDAQ:SNDK) year to date (YTD) performance is 34.44%.
Zillow Inc (NASDAQ:Z) Director Gordon Sheridan Stephenson sold 2,502 shares of the stock on the open market in a transaction dated Monday, May 19th. The shares were sold at an average price of $109.02, for a total transaction of $272,768.04. Following the completion of the transaction, the director now directly owns 1,000 shares of the company’s stock, valued at approximately $109,020. Zillow Inc (NASDAQ:Z) ended the last trading day at $119.77. Company weekly volatility is calculated as 5.30% and price to cash ratio as 15.41. Zillow Inc (NASDAQ:Z) showed a positive weekly performance of 12.13%.
Tuniu Corp, (NASDAQ:TOUR) a popular Chinese online leisure-travel company, rose more than $1 in its first day of trading on the Nasdaq Stock Exchange, and raised $72 million in its initial public offering on Friday. Conor Yang, Tuniu’s CFO, said it had been a busy week for the Nanjing, Jiangsu province-based company, but that he and his colleagues are now focused on attracting the right investors to grow the business. Tuniu Corp (NASDAQ:TOUR) weekly performance is 52.26%. On last trading day company shares ended up $15.50. Tuniu Corp (NASDAQ:TOUR) distance from 50-day simple moving average (SMA50) is 46.71%.
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