Tag: Linear Technology

  • Unusual Volume Buzzers: Halcon Resources (NYSE:HK), Yahoo! Inc. (NASDAQ:YHOO), Zalicus Inc (NASDAQ:ZLCS), Linear Technology (NASDAQ:LLTC)

    Halcon Resources Corp (NYSE:HK)‘s stock had its “hold” rating reaffirmed by Canaccord Genuity in a research note issued on Wednesday, American Banking and Market News reports. They currently have a $4.75 price target on the stock. Canaccord Genuity’s price objective suggests a potential downside of 10.55% from the stock’s previous close. Halcon Resources Corp (NYSE:HK) shares after opening at $5.00 moved to $5.35 on last trade day and at the end of the day closed at $5.31. Company price to sales ratio in past twelve months was calculated as 2.21 and price to cash ratio as 7.88.33. Halcon Resources Corp (NYSE:HK) showed a positive weekly performance of 15.43%.

    Yahoo Inc, NASDAQ:YHOO) Chief Executive Marissa Mayer is working on a plan to persuade Apple Inc to ditch Google as its default search engine in favor of Yahoo, technology news site Re/code reported, citing sources within Yahoo. Yahoo! Inc. (NASDAQ:YHOO) shares advanced 6.26% in last trading session and ended the day on $36.35. YHOO return on equity ratio is recorded as 10.20% and its return on assets is 8.50%. Yahoo! Inc. (NASDAQ:YHOO) yearly performance is 53.38%.

    Zalicus (NASDAQ:ZLCS) soared on Wednesday after the biopharmaceutical company announced it would merge with Epirus Biopharmaceuticals. After the all-stock transaction closes, Zalicus will be known as Epirus and will operate under the latter company’s management team led by Amit Munshi as president and CEO. Current Zalicus stockholders will own approximately 19% of the company. The merger will create a publicly-traded company listed on the NASDAQ. Zalicus Inc (NASDAQ:ZLCS) shares moved up 31.07% in last trading session and was closed at $1.35, while trading in range of $ 1.16 – 1.74. Zalicus Inc (NASDAQ:ZLCS) year to date (YTD) performance is 21.62%.

    The Street Ratings team rates Linear Technology Corporation (NASDAQ:LLTC) as a Buy with a ratings score of A-. The Street Ratings Team has this to say about their recommendation. We rate LINEAR TECHNOLOGY CORP (LLTC) a BUY. Linear Technology Corporation (NASDAQ:LLTC) weekly performance is -8.17%. On last trading day company shares ended up 45.07. Linear Technology Corporation (NASDAQ:LLTC) distance from 50-day simple moving average (SMA50) is -4.07%. Analysts mean target price for the company is $47.00.