Stocks Touched New Highs: ON Semiconductor Corp (NASDAQ:ONNN), Intel Corporation (NASDAQ:INTC), Cheniere Energy (NYSEMKT:LNG), General Mills, (NYSE:GIS)

ON Semiconductor Corp (NASDAQ:ONNN) recently announced it will acquire Truessense Imaging and incorporate the business into its Application Products segment. The acquisition deal of $92 million will be paid in cash. ON Semiconductor Corp (NASDAQ:ONNN) is expected to raise the acquisition amount from its own balance sheet. ON Semiconductor Corp (NASDAQ:ONNN) shares after opening at $9.95 moved to $10.07 on last trade day and at the end of the day closed at $9.69. Company price to sales ratio in past twelve months was calculated as 1.53 and price to cash ratio as 6.82. ON Semiconductor Corp (NASDAQ:ONNN) showed a negative weekly performance of -0.62%.

Intel Corporation (NASDAQ:INTC) announced the eight winners of the company’s most prestigious award for suppliers, the Supplier Continuous Quality Improvement (SCQI) award. Intel Corporation (NASDAQ:INTC) shares fell -2.06% in last trading session and ended the day on $26.42. INTC return on equity ratio is recorded as 17.60% and its return on assets is 10.90%. Intel Corporation (NASDAQ:INTC) yearly performance is 25.71%.

Cheniere Energy (NYSE:LNG) was downgraded by analysts at Morgan Stanley to an “overweight” rating in a research report issued to clients and investors on Tuesday, Analyst Ratings Net reports. They currently have a $78.00 price target on the stock, up from their previous price target of $60.00. Morgan Stanley’s price target suggests a potential upside of 31.60% from the stock’s previous close.
Cheniere Energy, Inc. (NYSEMKT:LNG) shares moved down -4.05% in last trading session and was closed at $56.87, while trading in range of $56.25 – $59.39. Cheniere Energy, Inc. (NYSEMKT:LNG) year to date (YTD) performance is 31.89%.

Golden Valley-based General Mills, Inc. (NYSE:GIS) and locally based food celebrity Andrew Zimmern on Thursday announced winners of a jointly launched awards program meant to recognize the nation’s best in a variety of food-related categories and Minnesota’s own Icehouse, Izzy’s Ice Cream, and Amy Thielen were among the winners. General Mills, Inc. (NYSE:GIS) weekly performance is -1.58%. On last trading day company shares ended up $51.00. General Mills, Inc. (NYSE:GIS) distance from 50-day simple moving average (SMA50) is 2.68%. Analysts mean target price for the company is $52.13.

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