Cirrus Logic announced its firm intention to make an offer for Wolfson on 29 April and at the time confirmed that Odey would vote its 5.88% stake in favour. Cirrus Logic, Inc. (NASDAQ:CRUS) net profit margin is 15.10% and weekly performance is -0.18%. On last trading day company shares ended up $22.02. Analysts mean target price for the company is $23.60. Cirrus Logic, Inc. (NASDAQ:CRUS) distance from 50-day simple moving average is 4.85%.
Stock analysts at Topeka Capital Markets cut their price target on shares of ARM Holdings plc (NASDAQ:ARMH) from $50.00 to $45.00 in a report issued on Wednesday. ARM Holdings plc (ADR) (NASDAQ:ARMH) shares fell -0.26% in last trading session and ended the day on $46.08. ARMH Gross Margin is 94.80% and its return on assets is 7.00%. ARM Holdings plc (ADR) (NASDAQ:ARMH) quarterly performance is -6.11%.
Microchip Technology (NASDAQ:MCHP) was downgraded by investment analysts at Goldman Sachs from a “buy” rating to a “neutral” rating in a note issued to investors on Monday. Microchip Technology Inc. (NASDAQ:MCHP) shares moved down -0.74% in last trading session and was closed at $47.25, while trading in range of $46.82-$47.48. Microchip Technology Inc. (NASDAQ:MCHP) year to date performance is 7.24%.
Altera Corporation (Nasdaq:ALTR) announced the availability of Quartus II beta software and early access documentation for MAX 10 FPGAs, Altera’s latest addition to its Generation 10 portfolio of FPGAs and SoCs. Using TSMC’s 55 nm embedded flash process technology, MAX 10 FPGAs revolutionize non-volatile FPGA integration by delivering advanced processing capabilities in a small-form-factor, low-cost, instant-on programmable logic device. Availability of software support and product documentation enables customers to start MAX 10 FPGA designs immediately. Altera Corporation (NASDAQ:ALTR) ended the last trading day at $33.11. Company weekly volatility is calculated as 1.26% and price to cash ratio as 3.49. Altera Corporation (NASDAQ:ALTR) showed a negative weekly performance of -0.60%.
On May 14,2104 United Online, Inc. (NASDAQ: UNTD) announced the appointment of Edward Zinser as Executive Vice President and Chief Financial Officer, effective May 19, 2014. Mr. Zinser joins United Online with over 30 years of management experience and approximately 20 years of experience as the Chief Financial Officer of both publicly-traded and privately-held companies. United Online, Inc. (NASDAQ:UNTD) net profit margin is -38.00% and weekly performance is -0.66%. On last trading day company shares ended up $10.49. Analysts mean target price for the company is $19.88. United Online, Inc. (NASDAQ:UNTD) distance from 50-day simple moving average is -6.60%.