International Business Machines Corp. (NYSE:IBM) announced that Zain, the pioneer of mobile telecommunications in Kuwait, has chosen IBM’s social software to deliver deeper, more personalized experiences for its 2.5 million customers in the country. The IBM solution brings together Zain’s digital, mobile and social platforms to offer customers a single, compelling point of engagement. International Business Machines Corp. (NYSE:IBM) net profit margin is 19.10% and weekly performance is 0.29%. On last trading day company shares ended up $186.22. Analysts mean target price for the company is $194.48. International Business Machines Corp. (NYSE:IBM) distance from 50-day simple moving average (SMA50) is -1.84%.
On May 19, AVGO acquired the LSI Corporation (NASDAQ:LSI) at a decent price of $11.15 per share in the cash mode and cash equivalent transaction. The total value of this transaction was around $6.6 billion. After this acquisition, AVGO has become the market leader in the market of semiconductor. Market experts forecast revenue of $5 billion yearly.LSI Corp (NASDAQ:LSI) ended the day on $11.14.
A10 Networks Inc (NASDAQ:ATEN) Director Phillip J. Salsbury bought 5,000 shares of A10 Networks stock in a transaction dated Thursday, June 5th. The shares were purchased at an average price of $10.94 per share, with a total value of $54,700.00. Following the completion of the purchase, the director now directly owns 45,000 shares of the company’s stock, valued at approximately $492,300. A10 Networks Inc (NYSE:ATEN) shares moved up 5.98 % in last trading session and was closed at $11.88, while trading in range of $11.30 – $12.12. A10 Networks Inc (NYSE:ATEN) year to date (YTD) performance is -26.71%.
Motorola Solutions Inc. (NYSE:MSI) is releasing a new “try before you buy” service that lets users test a custom off-contract Motor X smartphone for two weeks. By customizing the trial, users will be able design their own devices for any supported carrier of their choosing through Moto Maker, according to Capital Technologies. Motorola Solutions Inc (NYSE:MSI) ended the last trading day at $67.67. Company weekly volatility is calculated as 0.85% and price to cash ratio as 5.48. Motorola Solutions Inc (NYSE:MSI) showed a positive weekly performance of 0.40%.
On May 14, 2014, Ikanos Communications, Inc. (NASDAQ:IKAN), a leading provider of advanced broadband semiconductor and software products for the digital home, announced that Debajyoti Pal, Ikanos Chief Technology Officer, will speak at the G-Fast Summit 2014. The presentation will focus on carrier motivations for migrating to Fiber-to-the-Distribution Point (FTTDp) for broadband access and on the use of G.fast as either a step towards Fiber-to-the-Home (FTTH) or as an architecture for gigabit service over copper. Ikanos Communications, Inc. (NASDAQ:IKAN) net profit margin is -41.90%. On last trading day company shares ended up $0.440. Analysts mean target price for the company is $1.13. Ikanos Communications, Inc. (NASDAQ:IKAN) distance from 50-day simple moving average (SMA50) is -31.63%.