Investment analysts at ING Group initiated coverage on shares of Sabre Corp. (NASDAQ:SABR) in a note issued to investors on Thursday. The firm set an “outperform” rating on the stock. Sabre Corp (NASDAQ:SABR) net profit margin is -4.50% and weekly performance is 12.67%. On last trading day company shares ended up $18.59. Analysts mean target price for the company is $17.00. Sabre Corp (NASDAQ:SABR) distance from 50-day simple moving average (SMA50) is 13.01%.
Amkor Technology, Inc. (Nasdaq:AMKR) and Carsem (M) Sdn Bhd jointly announced the settlement of the litigation initiated by Amkor against Carsem alleging infringement of Amkor’s MicroLeadFrame® (MLF) patents. The parties have entered into a settlement agreement to end all pending proceedings related to the dispute and Carsem will pay Amkor an agreed sum for such settlement. Amkor Technology, Inc. (NASDAQ:AMKR) shares advanced 1.71% in last trading session and ended the day on $10.12. Gross Margin is 19.10% and its return on assets is 3.70%. Amkor Technology, Inc. (NASDAQ:AMKR) quarterly performance is 72.99%.
On May 22, The 12-year office building lease between Spansion Inc. (NYSE:CODE) and Hines VAP No. Cal. Properties, LP, a Delaware limited partnership, is for approximately 124,000 square feet of office space at 1001 Ridder Park Drive, San Jose, CA and 30,000 square feet of space at 1717 Fox Drive, San Jose, CA, each located at the Ridder Park Technology Center in San Jose, CA. Spansion Inc. (NYSE:CODE) shares moved up 2.18% in last trading session and was closed at $19.26, while trading in range of $18.85 – $19.37. Spansion Inc. (NYSE:CODE) year to date (YTD) performance is 38.66%.
On May 21, ChipMOS Technologies (Bermuda) (NASDAQ:IMOS) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report released on Monday. They currently have a $20.10 price target on the stock. Zacks‘s price objective suggests a potential downside of 6.07% from the company’s current price. ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS) ended the last trading day at $24.69. Company weekly volatility is calculated as 4.75% and price to cash ratio as 1.63. ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS) showed a positive weekly performance of 15.37%.
Maxim Integrated Products Inc (NASDAQ:MXIM) CEO Tunc Doluca unloaded 18,000 shares of Maxim Integrated Products stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $34.00, for a total transaction of $612,000.00. Maxim Integrated Products Inc. (NASDAQ:MXIM) net profit margin is 16.10% and weekly performance is 3.85%. On last trading day company shares ended up $34.50. Analysts mean target price for the company is $35.48. Maxim Integrated Products Inc. (NASDAQ:MXIM) distance from 50-day simple moving average (SMA50) is 6.79%.