Intel Corporation (NASDAQ:INTC) announced on Wednesday it will work with Chinese semiconductor manufacturer Rockchip to produce and market Intel architecture processor and 3G resolutions to establish for themselves a market share in the entry-level Android-based tablet market, reports our Chinese-language sister newspaper Commercial Times. Intel Corporation (NASDAQ:INTC) net profit margin is 18.00% and weekly performance is 4.47%. On last trading day company shares ended up $27.32. Analysts mean target price for the company is $26.92. Intel Corporation (NASDAQ:INTC) distance from 50-day simple moving average (SMA50) is 4.64%.
Globalstar, Inc (NYSEMKT:GSAT)’s value added reseller VehSmart has been awarded the contract to initially outfit 4,000 small fishing boats with company’s satellite transmitter, the SmartOne. Globalstar, Inc. (NYSEMKT:GSAT) shares advanced 3.90% in last trading session and ended the day on $3.46. GSAT Gross Margin is 41.40% and its return on assets is -59.50%.
Nippon Telegraph & Telephone Corporation (ADR) (NYSE:NTT) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. Nippon Telegraph & Telephone Corp (ADR) (NYSE:NTT) shares moved up 0.27% in last trading session and was closed at $29.68, while trading in range of $29.67 – $29.81. Nippon Telegraph & Telephone Corp (ADR) (NYSE:NTT) year to date (YTD) performance is 9.76%.
BNY Mellon, a global leader in investment management and investment services, has been appointed by Cheetah Mobile Inc. (ADR) (NYSE:CMCM) as depositary bank for its American depositary receipt (ADR) program. Each Cheetah Mobile Inc. (ADR) (NYSE:CMCM) represents 10 shares and trades on the New York Stock Exchange under the symbol “CMCM.” Cheetah Mobile Inc (ADR) (NYSE:CMCM) ended the last trading day at $17.77. Company weekly volatility is calculated as 5.81% and price to cash ratio as 65.42. Cheetah Mobile Inc (ADR) (NYSE:CMCM) showed a positive weekly performance of 19.34%.
SanDisk Corporation (NASDAQ:SNDK), CEO Sanjay Mehrotra sold 3,750 shares of the company’s stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $93.18, for a total transaction of $349,425.00. SanDisk Corporation (NASDAQ:SNDK) net profit margin is 18.10% and weekly performance is 3.68%. On last trading day company shares ended up $96.63. Analysts mean target price for the company is $100.43. SanDisk Corporation (NASDAQ:SNDK) distance from 50-day simple moving average (SMA50) is 14.40%.
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