NYSE new highs: Taiwan Semiconductor Mfg. (NYSE:TSM), Halcon Resources Corp (NYSE:HK), King Digital Entertainment PLC (NYSE:KING), Gannett (NYSE:GCI), Cincinnati Bell (NYSE:CBB)

Posted by on Jul 02, 2014

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) announced a annual dividend on Monday, June 30th. Investors of record on Wednesday, July 16th will be paid a dividend of 0.5018 per share on Wednesday, August 6th. This represents a dividend yield of 2.35%. The ex-dividend date is Monday, July 14th. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) net profit margin is 31.40% and weekly performance is 787%. On last trading day company shares ended up $21.97. Analysts mean target price for the company is $21.02. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) distance from 50-day simple moving average is 6.02%.

Halcon Resources Corp (NYSE:HK)‘s stock had its “equal weight” rating reaffirmed by equities research analysts at Barclays in a research note issued to investors on Friday. They currently have a $8.00 target price on the stock, up from their previous target price of $5.50. Barclays’ price target suggests a potential upside of 9.74% from the stock’s previous close. Halcon Resources Corp (NYSE:HK) shares advanced 1.78% in last trading session and ended the day on $7.42. HK Gross Margin is 76.60% and its return on assets is -23.00%. Halcon Resources Corp (NYSE:HK) quarterly performance is 73.77%.

Coming to King Digital Entertainment PLC (NYSE:KING)’s new hit of the year, the company, after launching its “Bubble Witch Saga 2”, is very confident that it will be able to attract the target audience once again; this game was specifically designed to get back the company’s players as it has been equipped with a lot of new features and gaming actions. King Digital Entertainment PLC (NYSE:KING) shares moved up 3.16% in last trading session and was closed at $21.20, while trading in range of $19.93-$21.67. King Digital Entertainment PLC (NYSE:KING) year to date performance is 11.58%.

Citigroup Inc. started coverage on shares of Gannett Co. (NYSE:GCI) in a research report sent to investors on Thursday morning. The firm issued a buy rating and a $24.00 price target on the stock. Gannett Co., Inc. (NYSE:GCI) ended the last trading day at $31.74. Company weekly volatility is calculated as 2.63% and price to cash ratio as 24.57. Gannett Co., Inc. (NYSE:GCI) showed a positive weekly performance of 8.74%.

Cincinnati Bell Inc. (NYSE:CBB) (“Cincinnati Bell”) announced that it has consummated the sale to CyrusOne Inc. (“CyrusOne”) of 15,985,000 operating partnership units (including 2,085,000 operating partnership units sold because the underwriters exercised their option described below) in CyrusOne’s operating partnership, CyrusOne LP, for $22.2619 per operating partnership unit. CyrusOne announced it had closed the public offering of 15,985,000 shares of its common stock, which included 2,085,000 shares of common stock sold pursuant to the option granted to the underwriters by CyrusOne, the net proceeds of which were used to acquire operating partnership units from a subsidiary of Cincinnati Bell. Cincinnati Bell Inc. (NYSE:CBB) net profit margin is -1.70% and weekly performance is 5.73%. On last trading day company shares ended up $4.06. Analysts mean target price for the company is $4.19. Cincinnati Bell Inc. (NYSE:CBB) distance from 50-day simple moving average is 10.36%.

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