On May 22, 2014 Clean Diesel Technologies, Inc. (NASDAQ:CDTI) a leader in advanced emissions control solutions, announced that it will be a presenter at the 11th Annual Ardour Capital Investments Energy Technology and Sustainability Conference. The presentation is scheduled for 12:15 p.m. ET on Friday, June 6, 2014 at Latham & Watkins LLP in New York. The slides for the presentation will be made available on the Investor Relations section of CDTi’s website: www.cdti.com. Clean Diesel Technologies, Inc. (NASDAQ:CDTI) net profit margin is -16.20% and weekly performance is -0.40%. On last trading day company shares ended up $2.46. Analysts mean target price for the company is $3.75. Clean Diesel Technologies, Inc. (NASDAQ:CDTI) distance from 50-day simple moving average (SMA50) is -18.07%.
On May 28, 2014 India Globalization Capital, Inc. (NYSEMKT:IGC), announced that it has executed a letter of intent to acquire Golden Gate, a Hong Kong based trading company. This acquisition is expected to close in the current quarter, subject to the execution of a definitive acquisition agreement, completion of satisfactory due diligence and final approval by the board of IGC. The acquisition will not require a vote of the shareholders of IGC and is expected to be accretive to earnings immediately. Golden Gate was profitable in FYE March 31, 2014 with unaudited revenue of approximately $10 million. India Globalization Capital, Inc. (NYSEMKT:IGC) shares advanced 2.10% in last trading session and ended the day on $1.45 . Gross Margin is 18.40 % and its return on assets is -18.20%. India Globalization Capital, Inc. (NYSEMKT:IGC) quarterly performance is 81.25%.
On May 29, 2014 Aehr Test Systems (NASDAQ:AEHR) a worldwide supplier of semiconductor test and burn-in equipment, announced it has shipped ABTS Burn-in and Test Systems to two new customers in China, one to a Chinese semiconductor foundry to fill a previously announced order and the other to a Chinese government research institute. Aehr Test Systems (NASDAQ:AEHR) shares moved up 5.14% in last trading session and was closed at $2.26, while trading in range of $2.14 – $2.38. Aehr Test Systems (NASDAQ:AEHR) year to date (YTD) performance is -26.86%.
On Jan 23, 2014 Kingtone Wirelessinfo Solution Holding Ltd (NASDAQ:KONE) a China-based developer and provider of mobile enterprise solutions, announced that the Company and its employees received five awards from its wireless system development work for the Company’s largest client, Hualu Engineering & Technology Co., Ltd. (“Hualu”). The awards were issued by Hualu to recognize the excellent work accomplished by Kingtone and its employees. Kingtone Wirelessinfo Solutions Hldg Ltd (NASDAQ:KONE) ended the last trading day at $5.40. Company weekly volatility is calculated as 12.50% and price to cash ratio as 1.25. Kingtone Wirelessinfo Solutions Hldg Ltd (NASDAQ:KONE) showed a positive weekly performance of 9.76%.
on May 23, 2014 CorMedix Inc. (NYSEMKT:CRMD), a pharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of cardiorenal disease and infectious disease, announces the receipt of a notice indicating that CorMedix did not meet certain of the NYSE MKT LLC’s (the “NYSE MKT”) continued listing standards as set forth in the NYSE MKT Company Guide (“Company Guide”). CorMedix Inc. (NYSEMKT:CRMD) weekly performance is 7.91%. On last trading day company shares ended up $1.50. CorMedix Inc. (NYSEMKT:CRMD) distance from 50-day simple moving average (SMA50) is -21.82%.