Pre-market Movers: InvenSense Inc. (NYSE:INVN), Pharmacyclics, Inc. (NASDAQ:PCYC), Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), Nokia Corporation (ADR) (NYSE:NOK), Broadcom Corporation (NASDAQ:BRCM)

Behrooz Abdi, CEO of InvenSense Inc (NYSE:INVN), says the company’s last fiscal year was one of investment. He says the company has been building a platform around sensors by investing in software and systems. InvenSense Inc. (NYSE:INVN) net profit margin is 10.20% and weekly performance is 2.99%. On last trading day company shares ended up $19.30. Analysts mean target price for the company is $22.50. InvenSense Inc. (NYSE:INVN) distance from 50-day simple moving average (SMA50) is -6.79%.

Pharmacyclics Inc. (NASDAQ:PCYC) Imbruvica, Which Was Launched Earlier This Year For Chronic Lymphocytic Leukemia, Has Proved Useful In Increasing The Longevity Of Patients Without Their Disease Worsening Than The Treatment Offered By GlaxoSmithKline Plc For The Blood Cancer. Pharmacyclics, Inc. (NASDAQ:PCYC) shares advanced 3.47% in last trading session and ended the day on $88.83. PCYC return on assets is 19.60%.Pharmacyclics, Inc. (NASDAQ:PCYC) quarterly performance is -35.94%.

ARIAD Pharmaceuticals, Inc. (NASDAQ:ARIA) announced longer-term follow up from its Phase 1 and pivotal Phase 2 trials of Iclusig(R) (ponatinib), its approved BCR-ABL inhibitor, in heavily pretreated patients with resistant or intolerant chronic myeloid leukemia (CML) or Philadelphia chromosome-positive acute lymphoblastic leukemia (Ph+ ALL). Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) shares moved up 1.25% in last trading session and was closed at $6.46, while trading in range of $6.31 – $6.48. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) year to date (YTD) performance is -5.28%.

Nokia Corporation (ADR) (NYSE:NOK) has introduced a full time security unit, in a bid to improve its services and security devices. Nokia Corporation (ADR) (NYSE:NOK) ended the last trading day at $8.13. Company weekly volatility is calculated as 1.45% and price to cash ratio as 2.39.Nokia Corporation (ADR) (NYSE:NOK) showed a positive weekly performance of 4.23%.

Broadcom Corporation (NASDAQ:BRCM) announced it is exploring strategic alternatives for its cellular baseband business, including a potential sale or wind-down. The company has engaged investment bank JP Morgan in connection with its efforts. Broadcom Corporation (NASDAQ:BRCM) net profit margin is 4.80% and weekly performance is 6.13%. On last trading day company shares ended up $31.87. Analysts mean target price for the company is $32.49. Broadcom Corporation (NASDAQ:BRCM) distance from 50-day simple moving average (SMA50) is 4.82%.

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