China Mobile Ltd. (NYSE:CHl) was downgraded by analysts at HSBC from a “neutral” rating to an “underweight” rating in a research report issued to clients and investors on Friday. China Mobile Ltd. (ADR) (NYSE:CHL) net profit margin is 39.90% and weekly performance is -0.75%. On last trading day company shares ended up $49.06. Analysts mean target price for the company is $ 56.76. China Mobile Ltd. (ADR) (NYSE:CHL) distance from 50-day simple moving average (SMA50) is 6.64%.
Research analysts at Sanford C. Bernstein initiated coverage on shares of Sprint (NYSE:S) in a report released on Thursday, TheFlyOnTheWall.com reports. The firm set a “market perform” rating on the stock. Sprint Corporation (NYSE:S) ended the last trading day at $9.55. Company weekly volatility is calculated as 2.64% and price to cash ratio as 6.09. Sprint Corporation (NYSE:S)showed a positive weekly performance of 5.41%.
On May 29, FBR Capital believes the recent sell-off in shares of CalAmp Corp. (NASDAQ:CAMP) has created an attractive entry opportunity. FBR expects CalAmp’s growth opportunities to continue driving “robust” top line growth and it keeps an Outperform rating on the name with a $28 price target. CalAmp Corp. (NASDAQ:CAMP) shares fell -1.44% in last trading session and ended the day on $19.10. CAMP Gross Margin is 33.90% and its return on assets is 7.00%. CalAmp Corp. (NASDAQ:CAMP) quarterly performance is -40.39%.
Celebrities paid to endorse soap on Weibo Corp (ADR) (NASDAQ:WB). Due to its advantages of high confidentiality, zero costs and being easy to operate, microblog marketing has become a useful tool used by entertainers to promote products, though they do not guarantee product quality, Guangzhou’s Time Weekly reports. Weibo Corp (ADR) (NASDAQ:WB) shares ended $18.52 last trading session, while 52 week range was $16.26 – $24.48. Weibo Corp (ADR) (NASDAQ:WB) year to date (YTD) performance is -8.50%.
On May 29, 2014, XG Technology Inc (NASDAQ:XGTI) has announced that it has been awarded a new patent for interference mitigation techniques. This is the second new patent grant announced by xG Technology this week. On May 27, xG announced a cognitive radio patent award that enables enhanced interference mitigation for devices in shared spectrum. XG Technology Inc (NASDAQ:XGTI) ended the last trading day at $1.93. Company weekly volatility is calculated as 21.82%. XG Technology Inc (NASDAQ:XGTI) showed a positive weekly performance of 24.52%.