Mitsubishi Chemical Holdings Corp. (OTCMKTS:MSBHY) plans to acquire a majority stake in Taiyo Nippon Sanso Corp., the largest Japanese industrial gas supplier, in a deal that would create the world’s seventh largest chemical maker in terms of sales, it was learned Tuesday. On last trading day company shares ended up $38.48.
Joining a list that includes structures like the Statue of Liberty and the Eiffel Tower, the Department of Energy’s Savannah River Site has officially been named as a Historical Landmark by ASM International NV (ADR) (NASDAQ:ASMI), the professional society for materials science and manufacturing. ASM International NV (ADR) (NASDAQ:ASMI) shares fell -2.62% in last trading session and ended the day on $42.72. ASMI gross Margin is 40.50% and its return on assets is -18.00%.ASM International NV (ADR) (NASDAQ:ASMI) quarterly performance is 22.58%.
ABB Ltd. (ADR) (NYSE:ABB) has disappointed its stakeholders by underperforming in its high voltage side of the business. But, there was some comfort in the fact that the company’s low voltage business continued with its sound execution in the current year. ABB Ltd (ADR) (NYSE:ABB) shares moved down -0.92% in last trading session and was closed at $23.59, while trading in range of $23.55 – $23.72. ABB Ltd (ADR) (NYSE:ABB) year to date (YTD) performance is -8.21%.
Infineon Technologies AG (OTCMKTS:IFNNY)‘s stock had its “neutral” rating reiterated by Zacks in a research note issued on Thursday, AmericanBankingNews.com reports. They currently have a $12.00 price objective on the stock. Zacks‘s price target would suggest a potential upside of 1.87% from the company’s current price. Infineon Technologies AG (ADR) (OTCMKTS:IFNNY) ended the last trading day at $12.00.
Microchip Technology Inc. (NASDAQ:MCHP) Incorporated a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, announced that its Board of Directors has declared a quarterly cash dividend on its common stock of 35.55 cents per share. The dividend is payable on June 3, 2014 to stockholders of record on May 21, 2014. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 41 times since its inception. Microchip Technology Inc. (NASDAQ:MCHP) net profit margin is 20.50% and weekly performance is 1.17%. On last trading day company shares ended up $46.89. Analysts mean target price for the company is $51.08. Microchip Technology Inc. (NASDAQ:MCHP) distance from 50-day simple moving average (SMA50) is -0.42%.