Singapore-based chip maker Avago Technologies Ltd. (NASDAQ:AVGO) said Thursday after the markets closed that its second quarter profit jumped 40% from last year, as revenue surged and margins improved. Avago Technologies Ltd (NASDAQ:AVGO) net profit margin is 21.10% and weekly performance is 3.48%. On last trading day company shares ended up $70.79. Analysts mean target price for the company is $70.67. Avago Technologies Ltd (NASDAQ:AVGO) distance from 50-day simple moving average (SMA50) is 9.75%.
Medical-devices manufacturer Smith & Nephew plc (ADR) (NYSE:SNN) was the top performer in the FTSE 100 index, up 4.2 percent, extending Wednesday’s gains after a press report of a planned takeover bid from U.S. rival Stryker. Smith & Nephew plc (ADR) (NYSE:SNN) shares advanced 4.97% in last trading session and ended the day on $87.18. SNN gross Margin is 74.80% and its return on assets is 9.90%.Smith & Nephew plc (ADR) (NYSE:SNN) quarterly performance is 11.03%.
SHARES in InterContinental Hotels Group PLC (ADR) (NYSE:IHG) were in demand yesterday after a major shareholder urged it to consider a mega-merger to “reshape the global hospitality industry”. InterContinental Hotels Group PLC (ADR) (NYSE:IHG) shares moved up 1.64% in last trading session and was closed at $39.04, while trading in range of $38.72 – $39.34. InterContinental Hotels Group PLC (ADR) (NYSE:IHG) year to date (YTD) performance is 18.52%.
Kandi Technologies Group Inc. (NASDAQ:KNDI) announced on 16 may, Net other income was $676,257 for the year ended December 31, 2013, compared to $332,936 for the year ended December 31, 2012, representing an increase of $343,321 or 103.1%. Kandi Technologies Group Inc. (NASDAQ:KNDI) ended the last trading day at $12.54. Company weekly volatility is calculated as 5.42% and price to cash ratio as 39.91.Kandi Technologies Group Inc. (NASDAQ:KNDI) showed a positive weekly performance of 13.38%.
Softbank Corp. (Japan) (OTCMKTS:SFTBY) Chairman Masayoshi Son proposed the buyout in a meeting with top executives of T-Mobile and Deutsche Telekom in mid-May and received a positive response, Kydo reported. On last trading day company shares ended up $36.00.