Broadcom Corporation (NASDAQ:BRCM) with its decline in revenue, slightly underperformed the industry average of 1.5%. Since the same quarter one year prior, revenues slightly dropped by 0.8%. Weakness in the company’s revenue seems to have hurt the bottom line, decreasing earnings per share. Broadcom Corporation (NASDAQ:BRCM) shares after opening at $29.68 moved to $30.19 on last trade day and at the end of the day closed at $29.76. Company price to sales ratio in past twelve months was calculated as 2.10 and price to cash ratio as 5.94. Broadcom Corporation (NASDAQ:BRCM) showed a negative weekly performance of -1.13%.
Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) presented their 1Q2014 result on April 17, 2014 and started this year with a bang. The Taiwan based semiconductor company, which produces and markets exclusive IC as well as semiconductor products, proudly announced the spectacular news through a conference call. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) shares fell -3.16% in last trading session and ended the day on $19.91. TSM return on equity ratio is recorded as 23.40% and its return on assets is 15.80%. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) yearly performance is 9.52%.
Sunedison Inc. (NYSE:SUNE), formerly MEMC Electronic Materials has received a total of $104 million in financing from Deutsche Bank, for solar projects in Canada. The funding from Deutsche Bank will be used for two solar projects in Ontario with a total capacity of 33 Megawatts. The projects are to be completed by the end of the year. Sunedison Inc. (NYSE:SUNE) shares moved down -2.42% in last trading session and was closed at $19.77, while trading in range of $19.50 – $20.31. Sunedison Inc. (NYSE:SUNE) year to date (YTD) performance is 51.49%.
The Shareholders Foundation, Inc. announces that a lawsuit was filed by a current investor in shares of Marvell Technology Group Ltd. (NASDAQ:MRVL) over alleged breaches of fiduciary duties by certain officers and directors. Marvell Technology Group Ltd. (NASDAQ:MRVL) weekly performance is 1.73%. On last trading day company shares ended up $15.88. Marvell Technology Group Ltd. (NASDAQ:MRVL) distance from 50-day simple moving average (SMA50) is 1.55%. Analysts mean target price for the company is $16.52.
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