Smart-thermostat company Nest (owned by Google ) on Friday announced it’s acquiring Dropcam, which makes home-monitoring cameras. Recode.net is reporting that the price tag is $555 million in cash. In terms of ancillary plays, GoPro and Ambarella Inc (NASDAQ:AMBA) may benefit from this deal. And Ambarella makes camera modules for security and consumer cameras, including GoPro and Dropcam models. Ambarella Inc (NASDAQ:AMBA) net profit margin is 18.80% and weekly performance is 11.65%. On last trading day company shares ended up $32.30. Analysts mean target price for the company is $31.71. Ambarella Inc (NASDAQ:AMBA) distance from 50-day simple moving average (SMA50) is 24.44%.
Profire Energy, Inc. (NASDAQ:PFIE) shares fell -11.57% in last trading session and ended the day on $4.51. PFIE Gross Margin is 55.00% and its return on assets is 30.90%. Profire Energy, Inc. (NASDAQ:PFIE)quarterly performance is 36.67%.
Prothena Corporation PLC (NASDAQ:PRTA), announced that it has priced an underwritten public offering of 4,750,000 of its ordinary shares at a price to the public of $22.50 per ordinary share, before underwriting discounts and commissions. All of the ordinary shares in the offering are to be sold by Prothena. In addition, Prothena has granted the underwriters a 30-day option to purchase up to an additional 712,500 ordinary shares. Prothena Corporation PLC (NASDAQ:PRTA) shares moved down -5.28% in last trading session and was closed at $21.89, while trading in range of $21.76 – $22.83. Prothena Corporation PLC (NASDAQ:PRTA) year to date (YTD) performance is -17.46%.
Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) was gaining Wednesday following the Supreme Court ruling against Aereo. In a 6-3 ruling the Supreme Court ruled that Aereo’s service violated the Copyright Act, saying that “Aereo’s activities are substantially similar to those of the [cable TV] companies.” The service lets users rent access to an antenna to stream over-the-air TV to smartphones, tablets, and computers without paying retransmission fees. Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) ended the last trading day at $48.81. Company weekly volatility is calculated as 6.18% and price to cash ratio as 29.54. Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) showed a positive weekly performance of 6.99%.
On June 24, 2014, The prospect of competing directly with Google has understandably made Web.com Group’s investors nervous. But outright panic is unwarranted. Shares of Web.com Group Inc (NASDAQ:WWWW)slid Tuesday after Google announced a pilot program of its own domain-registration service geared toward small businesses. The service is invitation-only for now, but the company said it plans to expand the offering with more features soon. Web.com Group Inc (NASDAQ:WWWW) shares moved up 5.13% in last trading session and was closed at $29.12, while trading in range of $27.65 – $29.40. Web.com Group Inc (NASDAQ:WWWW) year to date (YTD) performance is -8.40%.
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