US-based chipmaker Broadcom Corporation (NASDAQ:BRCM), has acquired a business unit of homegrown company Ittiam Systems for an undisclosed sum, according to a source familiar with the matter. As part of the deal, which was inked sometime in April, 32 engineers who were part of the Bangalore-based company are now part of Broadcom. Broadcom Corporation (NASDAQ:BRCM), net profit margin is 4.80% and weekly performance is 19.31%. On last trading day company shares ended up $38.02. Analysts mean target price for the company is $38.29. Broadcom Corporation (NASDAQ:BRCM), distance from 50-day simple moving average (SMA50) is 23.36%.
On June 02, 2014, Sunedison Inc (NYSE:SUNE)’s shares dropped 3.95% to $19.69. The company on May 29 announced that its yieldco subsidiary, TerraForm Power, Inc., has publicly filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed initial public offering of Class A common stock. Sunedison Inc (NYSE:SUNE), fell 3.16% in last trading session and ended the day on $19.62. SUNE, Gross Margin is 6.80% and its return on assets is -18.60%. Sunedison Inc (NYSE:SUNE), quarterly performance is -7.06%.
On May 30, 2014, Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM), announced the engagement of Dr. Rommel Noufi in a long-term consulting capacity, to augment its CIGS R&D program. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM), shares moved down 0.52% in last trading session and was closed at $21.09, while trading in range of $21.07 – 21.23. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM), year to date (YTD) performance is 20.93%.
On June 06, 2014, RF Micro Devices, Inc. (NASDAQ:RFMD), is very much involved in designing and manufacturing RF (radio frequency) solutions. Single-function components, integrated circuits and multi-chip modules – RFMD serves all. RFMD has made many strategic decisions in the past due to which it is enjoying such a safe position in the market. Recently, the company decided to enter into an agreement with TriQuint Semiconductor, which will boost the net profits of both the companies. One thing is very clear that this company is always looking forward to growth and earnings, and that is how this time Rocky Holding comes into the picture. RF Micro Devices, Inc. (NASDAQ:RFMD), ended the last trading day at $9.60. Company weekly volatility is calculated as 2.90% and price to cash ratio as 11.26. RF Micro Devices, Inc. (NASDAQ:RFMD), showed a positive weekly performance of 2.02%.
Amkor Technology, Inc. (NASDAQ:AMKR), Director John Osborne unloaded 20,000 shares of the stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $10.30, for a total transaction of $206,000.00. Following the transaction, the director now directly owns 27,334 shares of the company’s stock, valued at approximately $281,540. Amkor Technology, Inc. (NASDAQ:AMKR), net profit margin is 4.40% and weekly performance is 6.33%. On last trading day company shares ended up $10.75. Analysts mean target price for the company is $8.13. Amkor Technology, Inc. (NASDAQ:AMKR), distance from 50-day simple moving average (SMA50) is 29.77%.
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