Sunedison Inc. (NYSE:SUNE) on Apr. 8 announced that is has closed the first $150 million of a $300 million three-year project finance revolving credit facility arranged by Deutsche Bank Securities, Inc. to support the development and acquisition of new projects in the United States and Canada. Sunedison Inc. (NYSE:SUNE) shares after opening at $17.30 moved to $18.55 on last trade day and at the end of the day closed at $18.46. Company price to sales ratio in past twelve months was calculated as 2.46 and price to cash ratio as 8.60. Sunedison Inc. (NYSE:SUNE) showed a negative weekly performance of -6.96%.
Research analysts at Pacific Crest raised their price target on shares of InvenSense (NASDAQ:INVN) from $20.00 to $27.00 in a report released on Monday, American Banking News reports. The firm currently has an “outperform” rating on the stock. Pacific Crest’s price target would indicate a potential upside of 28.33% from the company’s current price. InvenSense Inc. (NYSE:INVN) shares advanced 6.51% in last trading session and ended the day on $22.41. INVN return on equity ratio is recorded as 9.00% and its return on assets is 7.20%. InvenSense Inc. (NYSE:INVN) yearly performance is 120.79%.
Tower Semiconductor (NASDAQ:TSEM) Ltd. expects sales to exceed $1 billion within four years after completing a joint venture with Panasonic Corp. (6752), Chief Executive Officer Russell Ellwanger said in an interview. Tower Semiconductor Ltd. (USA) (NASDAQ:TSEM) shares moved up 6.38% in last trading session and was closed at $9.51, while trading in range of $9.08 – $9.56. Tower Semiconductor Ltd. (USA) (NASDAQ:TSEM) year to date (YTD) performance is 62.84%.
On April 2, 2014, QuickLogic Corporation (NASDAQ:QUIK) entered into a Fourth Amendment to Lease (the “Amendment”) with NetApp, Inc. to extend the current term of the lease of its principal place of business for an additional three years from December 31, 2015 through December 31, 2018. QuickLogic Corporation (NASDAQ:QUIK) weekly performance is -6.50%. On last trading day company shares ended up $5.18. QuickLogic Corporation (NASDAQ:QUIK) distance from 50-day simple moving average (SMA50) is 4.52%. Analysts mean target price for the company is $5.50.
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