Analysts at HSBC downgraded shares of Taiwan Semiconductor Mfg. Co. Ltd. (ADR) from an “overweight” rating to a “neutral” rating. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) net profit margin is 30.70% and weekly performance is 1.68%. On last trading day company shares ended up $21.24. Analysts mean target price for the company is $21.02. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) distance from 50-day simple moving average is 5.31%.
On June 2, 2014, American International Group Inc (NYSE:AIG) disclosed the introduction of Elite Survivor Index II. It is the company’s newly improved gainful joint as well as last survivorship index comprehensive life insurance. Elite Survivor Index II characterizes an integrated death benefit with a no-lapse assurance. In addition, it features upside potential and downside protection along with the choice to access the cash value of the insurance at any point of time after the first year of issue. American International Group Inc (NYSE:AIG) shares advanced 0.61% in last trading session and ended the day on $54.59.its return on assets is 1.60%. American International Group Inc (NYSE:AIG) quarterly performance is 8.90%.
Strategic Hotels & Resorts, Inc. (NYSE:BEE), announced that it is increasing its guidance range for the complete year 2014. The decision to raise the range of its Comparable EBITDA and Comparable FFO per fully diluted share is aimed to reflect the true closing price of the company’s common equity offering, the acquisition of its outstanding stake of 63.6 percent in the Hotel del Coronado that is expected to conclude by as early as June, as well as the redemption of its 8.25% Series C Preferred Stock, that is slated to complete by July. Strategic Hotels and Resorts Inc (NYSE:BEE) shares moved up 1.37% in last trading session and was closed at $11.12, while trading in range of $10.87-$11.12. Strategic Hotels and Resorts Inc (NYSE:BEE) year to date performance is 17.67%.
Analysts at Compass Point dropped their price target on shares of Newcastle Investment Corp. (NYSE:NCT) from $6.75 to $5.25 in a research report issued to clients and investors on Tuesday. Newcastle Investment Corp. (NYSE:NCT) ended the last trading day at $4.87. Company weekly volatility is calculated as 1.80% and price to cash ratio as 18.58. Newcastle Investment Corp. (NYSE:NCT) showed a positive weekly performance of 2.10%.
Devon Energy Corp (NYSE:DVN) was upgraded by analysts at Wells Fargo & Co. to an “outperform” rating in a research report issued to clients and investors on Tuesday. Devon Energy Corp (NYSE:DVN) net profit margin is 2.50% and weekly performance is 2.15%. On last trading day company shares ended up $74.70. Analysts mean target price for the company is $79.46. Devon Energy Corp (NYSE:DVN) distance from 50-day simple moving average is 6.99%.