On May 28, 2014, Glowpoint, Inc. (NYSEMKT:GLOW) entered into indemnification agreements with each of its directors and officers. Under the Indemnification Agreements the Company is required to indemnify its directors and officers to the full extent authorized or permitted by the provisions of the Delaware General Corporation Law and the Company’s by-laws, provided that the director or officer acted in good faith and in a manner such person reasonably believed to be in or not opposed to the best interests of the Company, and, with respect to any criminal proceeding, the director or officer had no reasonable cause to believe such person’s conduct was unlawful. Glowpoint, Inc. (NYSEMKT:GLOW) net profit margin is -9.10% and weekly performance is -6.33%. On last trading day company shares ended up $1.48. Analysts mean target price for the company is $3.54. Glowpoint, Inc. (NYSEMKT:GLOW) distance from 50-day simple moving average (SMA50) is -8.55%.
Gogo Inc. (NASDAQ:GOGO) EVP John Wade sold 5,000 shares of the stock on the open market in a transaction dated Thursday, May 29th. The stock was sold at an average price of $18.00, for a total transaction of $90,000.00. Following the transaction, the executive vice president now directly owns 14,000 shares of the company’s stock, valued at approximately $252,000. Gogo Inc. (NASDAQ:GOGO) shares advanced 1.22% in last trading session and ended the day on $18.30. GOGO gross Margin is 47.90% and its return on assets is -23.70%.Gogo Inc. (NASDAQ:GOGO) quarterly performance is -24.85%.
Voltari Corp (NASDAQ:VLTC), announced that its 2014 annual meeting of stockholders (the “2014 Annual Meeting”) has been scheduled for July 28, 2014 in New York, NY. Voltari Corp (NASDAQ:VLTC) shares moved up 0.00% in last trading session and was closed at $2.63, while trading in range of $2.50 – $2.79. Voltari Corp (NASDAQ:VLTC) year to date (YTD) performance is -23.32%.
Sky-mobi Limited (NASDAQ:MOBI), a leading mobile application platform in China, on 30 may announced that the Company’s Board of Directors has approved a fiscal year-end change from March 31 to December 31, beginning in the calendar year ending December 31, 2014. Additionally, the Company also announced that its Board of Directors has approved a program to repurchase up to US$20 million of the Company’s American depositary shares (“ADSs”) over the next 12-month period, ending on May 30, 2015.Sky-mobi Ltd (ADR) (NASDAQ:MOBI) ended the last trading day at $6.80. Company weekly volatility is calculated as 8.17% and price to cash ratio as 2.12.Sky-mobi Ltd (ADR) (NASDAQ:MOBI) showed a positive weekly performance of 0.29%.
The Shareholders Foundation announces that an investor, who currently holds shares of Cbeyond, Inc. (NASDAQ:CBEY) filed a lawsuit in effort to halt the takeover of Cbeyond, Inc. by Birch Communications, Inc. Cbeyond, Inc. (NASDAQ:CBEY) net profit margin is -3.60% and weekly performance is 0.61%. On last trading day company shares ended up $9.94. Analysts mean target price for the company is $9.22. Cbeyond, Inc. (NASDAQ:CBEY) distance from 50-day simple moving average (SMA50) is 12.57%.