Staples Inc. (NASDAQ:SPLS) stock declined the day after shareholders registered their objections to the Framingham-based company’s executive pay practices — bonuses were awarded for 2013 even as sales and profit slumped — and called for the jobs of chairman and CEO to be separated. Staples, Inc. (NASDAQ:SPLS) net profit margin is 2.40% and weekly performance is -4.47%. On last trading day company shares ended up $10.91. Analysts mean target price for the company is $11.14. Staples, Inc. (NASDAQ:SPLS) distance from 50-day simple moving average (SMA50) is -9.89%.
Telefónica Brasil SA, which operates Brazil’s largest wireless carrier, said it agreed to rent network space to NII Holdings Inc (NASDAQ:NIHD) for at least 1.038 billion reais ($472 million) for a period of five years, according to a securities filing on Monday. NII Holdings Inc. (NASDAQ:NIHD) shares fell -1.39% in last trading session and ended the day on $0.454. NIHD gross Margin is 46.00% and its return on assets is -20.90%. NII Holdings Inc. (NASDAQ:NIHD) quarterly performance is -61.23%.
Weakness in Corinthian Colleges Inc. (NASDAQ:COCO) is tied to a negative article in Slate (Link) according to Well Fargo analyst Trace A. Urdan. The article claims a student at Everest College reads at only a third-grade level. Corinthian Colleges Inc. (NASDAQ:COCO) shares moved down -4.43% in last trading session and was closed at $0.798, while trading in range of $0.76 – $0.84. Corinthian Colleges Inc. (NASDAQ:COCO) year to date (YTD) performance is -55.17%.
8×8 Inc. (NASDAQ:EGHT) CEO Vikram Verma acquired 38,000 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, May 27th. The stock was purchased at an average price of $7.42 per share, with a total value of $281,960.00. Following the transaction, the chief executive officer now directly owns 163,000 shares of the company’s stock, valued at approximately $1,209,460. 8×8, Inc. (NASDAQ:EGHT) ended the last trading day at $7.09. Company weekly volatility is calculated as 4.24% and price to cash ratio as 3.61.8×8, Inc. (NASDAQ:EGHT) showed a negative weekly performance of -5.72%.
MoSys Inc. (NASDAQ:MOSY), a leader in semiconductor solutions that enable fast, intelligent data access for network and communications systems, is presenting at The Linley Group’s Linley Tech Carrier Conference 2014. In his presentation, “100G+ Adaptive PHY Technology for Scalable Reach and Design Flexibility,” MoSys’ VP of marketing and sales, John Monson, will discuss the need for high-density connections at the faceplate and flexibility of device placement in order to enable next-generation platforms and high-density line cards to extend into the Terabit per second range, low power, high-speed 25G+ PHYs. MoSys Inc. (NASDAQ:MOSY) weekly performance is -15.41%. On last trading day company shares ended up $2.91. Analysts mean target price for the company is $6.17. MoSys Inc. (NASDAQ:MOSY) distance from 50-day simple moving average (SMA50) is -25.26%.
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