Tag: NASDAQ:CNTF

  • Tech Losers: Infosys (NYSE:INFY), China Techfaith Wireless Comm (NASDAQ:CNTF), XG Technology (NASDAQ:XGTI), NTELOS Holdings (NASDAQ:NTLS)

    Infosys Ltd ADR (NYSE:INFY) lost 7.39% to Rs 3,399.50 at 9:39 IST on BSE, after the company reportedly warned of a tough start to the next financial year because of weak spending by top clients. Infosys Ltd ADR (NYSE:INFY) stock opened at $ 58.91 in last session, and closed at $56.01, while the day range of stock is $54.11 – $59.00. The stock showed a negative weekly performance of -10.41%.

    China Techfaith Wireless Comm. Tech. Ltd (NASDAQ:CNTF) today announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2013. China Techfaith Wireless Comm. Tech. Ltd (NASDAQ:CNTF) stock opened at $2.10, in last session and closed at $2.27, by losing -17.15%. The 52 week range of the stock is $0.95 – $3.01. Company’s market capitalization is $120.16 million.

    XG Technology, Inc. (NASDAQ:XGTI) a developer of wireless communications and spectrum sharing technologies, has announced that the General Availability (GA) release of xMax cognitive radio software is now ready for delivery. XG Technology Inc (NASDAQ:XGTI) stock decreased -8.97% and finished the last session at $2.84. The EPS of the stock remained -2.86. Company’s market capitalization is $58.66 million.

    Analysts at Zacks downgraded shares of NTELOS Holdings Corp (NASDAQ:NTLS) from an “outperform” rating to a “neutral” rating in a research note on Thursday, January 2nd. NTELOS Holdings Corp. (NASDAQ:NTLS) stock opened the session at $13.13, and closed the session at $12.78. The 52 week range of the stock remained $12.23 – $23.03 and the day range was $12.60 – $13.18.