Corning Incorporated (NYSE:GLW) and Atmel Corporation (NASDAQ:ATML) announced that they are collaborating to develop ultra-thin capacitive touchscreens for next-generation applications. This project would be a combination of Atmel’sXSense® flexible touch sensors being mated to 0.4mm damage-resistant Corning’s Gorilla® Glass with the aim of delivering better capacitive touch experience through thinner flat or curved cover glass. Corning Incorporated (NYSE:GLW) shares after opening at $20.99 moved to $21.47 on last trade day and at the end of the day closed at $21.36. Company price to sales ratio in past twelve months was calculated as 3.80 and price to cash ratio as 5.67. Corning Incorporated (NYSE:GLW) showed a positive weekly performance of 4.55%.
Hewlett-Packard Company (NYSE:HPQ) has settled a shareholder lawsuit by agreeing to pay USD 57 million to the plaintiff. The Company’s former Chief Executive Officer Leo Apotheker was accused of making misleading statements about operations before he was expelled from his position on September 22, 2011. Hewlett-Packard Company (NYSE:HPQ) shares advanced 1.14% in last trading session and ended the day on $33.61. HPQ return on equity ratio is recorded as 20.60% and its return on assets is 5.00%. Hewlett-Packard Company (NYSE:HPQ) yearly performance is 56.91%.
Delta Air Lines (NYSE:DAL) saw unusually large options trading activity on Wednesday. Traders bought 10,157 put options on the company, American Banking and Market News reports. This represents an increase of 148% compared to the typical volume of 4,089 put options. Delta Air Lines, Inc. (NYSE:DAL) shares moved down -0.14% in last trading session and was closed at $35.70, while trading in range of $ 35.53 – 36.52. Delta Air Lines, Inc. (NYSE:DAL) year to date (YTD) performance is 30.20%.
Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) continued in green a day later, after the company announced that the U.S. Supreme court has accepted to hear its appeal against NatcoPharma Ltd. (NTCPH) over patent revival that would enable the company to protect its drug, Copaxone multiple-sclerosis from generic competition. Teva Pharmaceutical Industries Ltd (ADR)(NYSE:TEVA), weekly performance is 9.08%. On last trading day company shares ended up $53.32. Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) distance from 50-day simple moving average (SMA50) is 12.89%. Analysts mean target price for the company is $50.60.