EMC Corporation (NYSE:EMC) has announced a series of leadership reshuffle for its information and infrastructure business. EMC’s information and infrastructure business forms part of the company’s three major businesses segments that also includes VMware and Pivotal under the federated business model.EMC Corporation (NYSE:EMC) shares after opening at $28.26 moved to $28.26 on last trade day and at the end of the day closed at $27.33. Company price to sales ratio in past twelve months was calculated as 2.39 and price to cash ratio as 5.21. EMC Corporation (NYSE:EMC) showed a negative weekly performance of -0.91%.
The QUALCOMM, Inc. (NASDAQ:QCOM) on Mar. 10 announced that Derek Aberle, executive vice president of Qualcomm Incorporated and group president has been promoted to president of Qualcomm Incorporated. In his new role, Aberle will have oversight for all business divisions across the organization as well as the Company’s global market development and marketing groups. He will also continue to formulate and drive key strategies for diversifying and growing the company in both our core businesses as well as new business opportunities. Aberle will report to Steve Mollenkopf, chief executive officer of Qualcomm Incorporated.QUALCOMM, Inc. (NASDAQ:QCOM) shares fell -0.32% in last trading session and ended the day on $78.31. QCOM return on equity ratio is recorded as 18.40% and its return on assets is 14.70%. QUALCOMM, Inc. (NASDAQ:QCOM) yearly performance is 19.94%.
Brocade Communications Systems (NASDAQ:BRCD) VP Ken Cheng sold 15,000 shares of the stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $10.35, for a total transaction of $155,250.00. Following the transaction, the vice president now directly owns 292,625 shares in the company, valued at approximately $3,028,669. The sale was disclosed in a filing with the SEC, which is available at this link.Brocade Communications Systems, Inc. (NASDAQ:BRCD) shares moved down -2.01% in last trading session and was closed at $10.25, while trading in range of $10.25-$10.59. Brocade Communications Systems, Inc. (NASDAQ:BRCD) year to date performance is 15.56%.
A number of analysts have recently weighed in on Freescale Semiconductor Ltd (NYSE:FSL). Analysts at Drexel Hamilton raised their price target on shares of Freescale Semiconductor to $30.00 in a research note on Wednesday, March 19th. They now have a buy rating on the stock. Separately, analysts at Barclays raised their price target on shares of Freescale Semiconductor from $18.00 to $23.00 in a research note on Monday, March 10th. They now have an equal weight rating on the stock. Finally, analysts at Credit Suisse raised their price target on shares of Freescale Semiconductor from $22.00 to $30.00 in a research note on Friday, March 7th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of $22.56.Freescale Semiconductor Ltd (NYSE:FSL) weekly performance is 4.37%. On last trading day company shares ended up $23.65. Freescale Semiconductor Ltd (NYSE:FSL) distance from 50-day simple moving average is 17.12%. Analysts mean target price for the company is $23.12.