Tag: Frontier Communications

  • Market Movers: Zynga Inc (NASDAQ:ZNGA), Applied Materials (NASDAQ:AMAT), Frontier Communications (NASDAQ:FTR), Hewlett-Packard Company (NYSE:HPQ)

    Zynga Inc (NASDAQ:ZNGA), the leading producer of gaming services available on the internet has been much in discussion regarding its futuristic plans. While there is a set of investors who feel not too confident about their money invested on Zynga, there is another set which strongly believe that the company is set for better days and reclaim its prominence in the gaming industry. Zynga Inc (NASDAQ:ZNGA) shares after opening at $5.12 moved to $5.28 on last trade day and at the end of the day closed at $5.08. Company price to sales ratio in past twelve months was calculated as 4.77 and price to cash ratio as 3.70. Zynga Inc (NASDAQ:ZNGA) showed a negative weekly performance of -7.97%.

    Applied Materials (NASDAQ:AMAT) Director Alexander Karsner unloaded 45,706 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $19.47, for a total transaction of $889,895.82. Following the sale, the director now directly owns 13,782 shares in the company, valued at approximately $268,336. The sale was disclosed in a legal filing with the Securities & Exchange Commission. Applied Materials, Inc. (NASDAQ:AMAT) shares advanced 3.70% in last trading session and ended the day on $20.19. AMAT return on equity ratio is recorded as 7.20% and its return on assets is 4.30%. Applied Materials, Inc. (NASDAQ:AMAT) yearly performance is 57.00%.

    Crius Energy and Frontier Communications (NASDAQ:FTR) announced they have expanded their strategic partnership to offer solar power to residential customers. Crius Energy, under the brand name FTR Energy Services, currently offers green electricity and/or natural gas to residents in Frontier service areas in New York, Ohio, Illinois and Indiana. The companies plan to leverage the partnership to offer solar power in markets such as California, Arizona, Colorado, Oregon, New York and Washington. Upon approval of Frontier’s acquisition of AT&T wireline, broadband and U-verse operations, Connecticut residents will also have the opportunity to purchase solar power. Frontier Communications Corp (NASDAQ:FTR) shares moved up 5.44% in last trading session and was closed at $5.37, while trading in range of $. Frontier Communications Corp (NASDAQ:FTR) year to date performance is 17.76%.

    Hewlett-Packard Company (NYSE:HPQ) EVP John F. Schultz sold 10,000 shares of the stock on the open market in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $30.25, for a total transaction of $302,500.00. Following the completion of the sale, the executive vice president now directly owns 30,765 shares of the company’s stock, valued at approximately $930,641. Hewlett-Packard Company (NYSE:HPQ) weekly performance is 8.89%. On last trading day company shares ended up $31.48. Hewlett-Packard Company (NYSE:HPQ) distance from 50-day simple moving average is7.78 %. Analysts mean target price for the company is $32.15.