Network storage provider NetApp Inc. (NASDAQ:NTAP) issued 3.375% convertible senior notes of $500 million in aggregate principal amount. The notes are set to mature in 2021. The offering is expected to close on Jun 5, 2014 subject to customary closing conditions, according to Zack. NetApp Inc. (NASDAQ:NTAP) net profit margin is 10.10% and weekly performance is -1.57%. On last trading day company shares ended up $36.26. Analysts mean target price for the company is $38.69. NetApp Inc. (NASDAQ:NTAP) distance from 50-day simple moving average (SMA50) is 1.11%.
Five Below, Inc. (NASDAQ:FIVE) announced financial results for the thirteen weeks ended May 3, 2014. Net sales increased by 31.8% to $126.0 million from $95.6 million in the first quarter of fiscal 2013; comparable store sales increased by 6.2%. Operating income increased to $5.3 million from $3.2 million in the first quarter of fiscal 2013. Adjusted operating income, which excludes the impact of the founders’ transaction in both periods (see GAAP/Non-GAAP reconciliation table), increased to $6.1 million from $4.7 million in the first quarter of fiscal 2013. Five Below Inc (NASDAQ:FIVE) shares advanced 1.00% in last trading session and ended the day on $36.53. Gross Margin is 35.10% and its return on assets is 16.10%. Five Below Inc (NASDAQ:FIVE) quarterly performance is -6.24%.
Advanced Micro Devices, Inc. (NYSE:AMD) announced its new AMD PRO A-Series APUs, delivering rich computing experiences to commercial PCs. The innovative processor technology from AMD will enable a new class of powerful, sleek and sophisticated commercial Windows® PCs that integrate seamlessly into an existing IT environment. With impressive performance, the latest AMD PRO A-Series APUs with HSA features unlock true business computing performance and deliver outstanding reliability and manageability. The AMD PRO A-Series APU is one of the processors being offered in new HP Elite 700-Series notebooks. Advanced Micro Devices, Inc. (NYSE:AMD) shares moved up 2.54% in last trading session and was closed at $4.04, while trading in range of $3.93 – $4.05. Advanced Micro Devices, Inc. (NYSE:AMD) year to date (YTD) performance is 4.39%.
Micron Technology Inc (NYSE:MU) CEO Dermot Mark Durcan unloaded 200,000 shares of Micron Technology stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $28.42, for a total value of $5,684,000.00. Following the sale, the chief executive officer now directly owns 1,746,817 shares in the company, valued at approximately $49,644,539. Micron Technology, Inc. (NASDAQ:MU) ended the last trading day at $28.97. Company weekly volatility is calculated as 2.01% and price to cash ratio as 6.88. Micron Technology, Inc. (NASDAQ:MU) showed a positive weekly performance of 1.26%.
Car sales moved into high gear again at MITSUBISHI MOTORS (OTCMKTS:MMTOF). According to data released Tuesday, the car maker saw a 54 percent increase in car sales over a year ago and it was the best May car sales month in three years. The company reported total sales are up over 33 percent year to date while Outlander sales are up 140 percent. MITSUBISHI MOTORS (OTCMKTS:MMTOF) On last trading day company shares ended up $10.57 .