On May 27, 2014, Wipro Limited (ADR) (NYSE:WIT) announced that it plans to expand its workforce at Shannon Development Center in Ireland to meet increasing business requirements. Wipro Limited (ADR) (NYSE:WIT) net profit margin is 21.80% and weekly performance is -0.36%. On last trading day company shares ended up $11.14. Analysts mean target price for the company is $ 11.40. Wipro Limited (ADR) (NYSE:WIT) distance from 50-day simple moving average (SMA50) is -10.52%.
Microsoft Corporation (NASDAQ:MSFT) Could Improve With Windows 9. It seemed Microsoft lost its touch with Windows 8. The update to Windows 8.1 improved the experience, yet users still feel that is was not a true Windows system. Microsoft Corporation could learn from this and can improve with Windows 9. Microsoft Corporation (NASDAQ:MSFT) shares ended the day on $40.94. {LNKD} Gross Margin is 70.10% and its return on assets is 41.60%. Microsoft Corporation (NASDAQ:MSFT) quarterly performance is 7.62%.
On May 28, Adobe Systems Incorporated (NASDAQ:ADBE) announced it has been positioned by Gartner, Inc. as a Leader in the 2014 “Magic Quadrant for Multichannel Campaign Management1” research report. Adobe was positioned furthest for completeness of vision in the report. Adobe Systems Incorporated (NASDAQ:ADBE) shares closed at $64.54, while 52 week range of $42.39 – $71.11. Adobe Systems Incorporated (NASDAQ:ADBE) year to date (YTD) performance is 7.78%.
On May 29, 2014, Send Grid, the leading email delivery service for the world’s wanted mail had announced availability in Red Hat Inc (NYSE:RHT)’s OpenShift Marketplace, a one-stop shop for Red Hat customers to discover and deploy partner technologies for building and scaling their applications. Red Hat Inc (NYSE:RHT) ended the last trading day at $50.12. Company weekly volatility is calculated as 1.41% and price to cash ratio as 9.66. Red Hat Inc (NYSE:RHT) showed a negative weekly performance of -0.65%.
On May 29, Lenovo Group Limited (ADR) (OTCMKTS:LNVGY)will look to raise the ASP of its smartphones by ramping its share in the mid-range to high-end segment by optimizing the brand image of Motorola, reports DigiTimes, according to sources in Taiwan’s supply chain. Lenovo aims to launch mid-range to high-end smartphones under the Motorola brand for sale in more mature markets while boosting sales of entry-level to mid-range models under the Lenovo brand in emerging markets. Lenovo Group Limited (ADR) (OTCMKTS:LNVGY) shares closed at $24.82, while 52 week range of $17.28 – $27.99.