On 3 JUNE Safe Bulkers, Inc. (NYSE:SB) announced the election of two Class III directors at the Company’s annual meeting of stockholders held in Athens. Safe Bulkers, Inc. (NYSE:SB) net profit margin is 43.70% and weekly performance is 14.25%. On last trading day company shares ended up $9.94. Analysts mean target price for the company is $11.97. Safe Bulkers, Inc. (NYSE:SB) distance from 50-day simple moving average (SMA50) is 18.66%.
On 2 JUNE AcelRx Pharmaceuticals Inc (NASDAQ:ACRX) announced that David Chung has resigned as Chief Commercial Officer in order to assume the role of Chief Executive Officer of a medical device company. Richard King, the Company’s President and Chief Executive Officer, will assume the duties and responsibilities of the Chief Commercial Officer, and will lead the continued build-out of the commercial organization and launch preparation for Zalviso until a suitable replacement is found. The Company has begun a search for Mr. Chung’s replacement. AcelRx Pharmaceuticals Inc (NASDAQ:ACRX) shares advanced 8.95% in last trading session and ended the day on $10.35. ACRX return on assets is -24.30%. AcelRx Pharmaceuticals Inc (NASDAQ:ACRX) quarterly performance is -18.89%.
On 10 JUNE Sify Technologies Limited (ADR) (NASDAQ:SIFY) announced its first ever dividend payout to all holders of Equity and American Depository Shares of the company. Sify Technologies Limited (ADR) (NASDAQ:SIFY) shares moved up 8.97% in last trading session and was closed at $2.55, while trading in range of $2.31 – $2.60. Sify Technologies Limited (ADR) (NASDAQ:SIFY) year to date (YTD) performance is 20.28%.
On 10 JUNE Chegg Inc (NYSE:CHGG) reported ($0.22) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.30) by $0.08. The company had revenue of $74.40 million for the quarter, compared to the consensus estimate of $70.82 million. During the same quarter in the prior year, the company posted ($1.01) earnings per share. The company’s quarterly revenue was up 22.0% on a year-over-year basis. On average, analysts predict that Chegg will post $-0.26 earnings per share for the current fiscal year. Chegg Inc (NYSE:CHGG) ended the last trading day at $7.30. Company weekly volatility is calculated as 8.71% and price to cash ratio as 6.46. Chegg Inc (NYSE:CHGG) showed a positive weekly performance of 7.83%.
On 9 JUNE Violin Memory Inc (NYSE:VMEM) announced that Mr. Georges Antoun has been elected to its Board of Directors, effective June 6, 2014. In addition, Dr. Richard N. Nottenburg has been named as Chairman of the Board effective June 6, 2014. Current Chairman of the Board, Howard Bain III, and Board member, Jeff Newman, have stepped down. Violin Memory Inc (NYSE:VMEM) weekly performance is 10.03%. On last trading day company shares ended up $4.17. Analysts mean target price for the company is $4.15. Violin Memory Inc (NYSE:VMEM) distance from 50-day simple moving average (SMA50) is 16.07%.
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