Harman International Industries Inc./DE/ (NYSE:HAR) an infotainment and audio group, recently announced its agreement with The Duchossois Group and its affiliates to acquire AMX for $365 million dollars. AMX is a provider of enterprise control and automation systems and audio and video switching and distributing solutions. The transaction is subject to customary closing conditions, including applicable regulatory approvals. Harman International Industries Inc./DE/ (NYSE:HAR) net profit margin is 3.90% and weekly performance is 2.00%. On last trading day company shares ended up $107.61. Analysts mean target price for the company is $119.00. Harman International Industries Inc./DE/ (NYSE:HAR) distance from 50-day simple moving average (SMA50) is 1.10%.
Canon Inc. (ADR) (NYSE:CAJ) a leader in digital imaging solutions, announced on May 20 the launch of the Océ Arizona 6100 Series, an entirely new printer platform designed for sign and display print service providers who produce approximately 325,000 square feetof printed rigid media per year. Canon Inc. (ADR) (NYSE:CAJ) shares fell -0.95% in last trading session and ended the day on $32.40. CAJ gross Margin is 48.70% and its return on assets is 5.80%.Canon Inc. (ADR) (NYSE:CAJ) quarterly performance is 5.68%.
Micron Technology Inc. (NASDAQ:MU) stock price has more than doubled in the last one year. Improving market dynamics, rising demand, its acquisition of Elpida Memory, and stabilizing NAND and DRAM prices are some of the key factors responsible for the positive sentiment around the company. Micron Technology, Inc. (NASDAQ:MU) shares moved up 0.59% in last trading session and was closed at $27.33, while trading in range of $27.06 – $27.40. Micron Technology, Inc. (NASDAQ:MU) year to date (YTD) performance is 25.66%.
Thales and Alcatel-Lucent SA (ADR) (NYSE:ALU) on 22 may have entered exclusive negotiations for the consideration by Thales of acquiring the cyber-security services and communications security activities of Alcatel-Lucent as part of a strategic partnership to provide end-to-end solutions for securing networks. Alcatel Lucent SA (ADR) (NYSE:ALU) ended the last trading day at $3.87. Company weekly volatility is calculated as 1.84% and price to cash ratio as 1.27.Alcatel Lucent SA (ADR) (NYSE:ALU) showed a positive weekly performance of 1.31%.
Sharp Corporation (ADR) (OTCMKTS:SHCAY) on 14 April is contemplating another issue of new shares that could raise nearly $1.97B to replenish its depleted capital base, according to Reuters, citing a report from Japan’s Asahi newspaper. Sharp Corporation (ADR) (OTCMKTS:SHCAY) ended the last trading day at $2.58.