According to company sources, Vodafone Group Plc (ADR) (NASDAQ:VOD), has entered into an agreement with NetFlix, Inc. (NASDAQ:NFLX) to permit users of its 4G network to be able to access video streaming for free. Vodafone Group Plc (ADR) (NASDAQ:VOD), weekly performance is 1.68%. On last trading day company shares ended up $35.01. Analysts mean target price for the company is $46.53. Vodafone Group Plc (ADR) (NASDAQ:VOD), distance from 50-day simple moving average (SMA50) is -3.95%.
On May 29, 2014, Deutsche Telekom has agreed to a plan by Japanese mobile company Softbank Corp to buy T-Mobile US Inc (NYSE:TMUS), the fourth-largest U.S. mobile carrier, Kyodo news agency reported, citing industry sources. T-Mobile US Inc (NYSE:TMUS), fell 1.52% in last trading session and ended the day on $34.33. TMUS, Gross Margin is 47.40% and its return on assets is -0.50%. T-Mobile US Inc (NYSE:TMUS), quarterly performance is 12.56%.
Semtech Corporation (NASDAQ:SMTC), CFO Emeka Chukwu unloaded 2,500 shares of the stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $25.95, for a total transaction of $64,875.00. Following the sale, the chief financial officer now directly owns 52,307 shares in the company, valued at approximately $1,357,367. Semtech Corporation (NASDAQ:SMTC), shares moved down 0.46% in last trading session and was closed at $25.94, while trading in range of $25.75 – 26.21. Semtech Corporation (NASDAQ:SMTC), year to date (YTD) performance is 2.61%.
On May 22, 2014, Microchip Technology Inc. (NASDAQ:MCHP), made a move to make its first major overseas acquisition with a $328.5 million deal to acquire Taiwanese fabless chip company ISSC Technologies Corp., which sells Bluetooth chips aimed at the growing IoT sector. Microchip Technology Inc. (NASDAQ:MCHP), ended the last trading day at $47.60. Company weekly volatility is calculated as 1.10% and price to cash ratio as 7.05. Microchip Technology Inc. (NASDAQ:MCHP), showed a positive weekly performance of 2.50%.
On May 27, 2014, Sprint Corporation (NYSE:S), has announced about the extension of its strategic network alliance with NTELOS Holdings Corp. (NASDAQ: NTLS). The alliance is extended through 2022. As per the agreement, NTELOS works as a network provider for Sprint Corporation in the SNA territory. Sprint Corporation (NYSE:S), net profit margin is -7.80% and weekly performance is 5.41%. On last trading day company shares ended up $9.55. Analysts mean target price for the company is $7.28. Sprint Corporation (NYSE:S), distance from 50-day simple moving average (SMA50) is 8.11%.