Acorn Energy, Inc. (NASDAQ:ACFN) announced that its DSIT Solutions Ltd. subsidiary has completed a design review, which is the first milestone of a contract received in late 2013 to supply and support an advanced underwater acoustic monitoring system. The total value of the contract is in excess of $14 million of which $11.2 million is a fixed amount with the balance being contingent on the customer’s requirements. Acorn Energy Inc (NASDAQ:ACFN) weekly performance is 34.48%. On last trading day company shares ended up $1.95. Analysts mean target price for the company is $6.50. Acorn Energy Inc (NASDAQ:ACFN) distance from 50-day simple moving average (SMA50) is -16.50%.
Morgan Stanley reiterated their overweight rating on shares of 21Vianet Group Inc (NASDAQ:VNET) in a research report released on Thursday morning. Morgan Stanley currently has a $35.00 price objective on the stock. 21Vianet Group Inc (NASDAQ:VNET) shares advanced 5.50% in last trading session and ended the day on $5.50. Gross Margin is 26.30% and its return on assets is -1.00%. 21Vianet Group Inc (NASDAQ:VNET) quarterly performance is 2.93%.
On May 15, 2014 You On Demand Holdings, Inc. (NASDAQ:YOD) a leading multi-platform entertainment and Video On Demand (VOD) company in China, announced its operating results for the three-month period ending March 31, 2014. Revenue for the quarter ended March 31, 2014 increased to $138,000 from $938 in the quarter ended March 31, 2013. Gross loss for the quarter ended March 31, 2014 declined to $738,000, from $848,000 in the quarter ended March 31, 2013. Total operating expenses for the quarter ended March 31, 2014 declined 21.8% from the quarter ended March 31, 2013, which reflects the success of our strategy of forging revenue-sharing agreements with content partners while keeping corporate overhead at manageable levels. You On Demand Holdings, Inc. (NASDAQ:YOD) shares moved up 8.61% in last trading session and was closed at $3.28, while trading in range of $3.02 – $3.37. You On Demand Holdings, Inc. (NASDAQ:YOD) year to date (YTD) performance is 45.13%.
On May 30, 2014 Tarena International, Inc. (ADR) (NASDAQ:TEDU) a leading provider of professional education services in China, announced that it has signed a cooperation agreement with Taiyuan Institute of Technology (“TIT”), a state-owned undergraduate college in Taiyuan, China. Established since 1954, TIT currently has over 14,000 full-time students. Tarena International Inc (ADR) (NASDAQ:TEDU) ended the last trading day at $9.90. Company weekly volatility is calculated as 8.27% and price to cash ratio as 19.22. Tarena International Inc (ADR) (NASDAQ:TEDU) showed a positive weekly performance of 10.37%.
On May 8, 2014 Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) a biopharmaceutical company focused on developing breakthrough treatments for human disease, updated its drug development progress and reported financial results for the three months ended March 31, 2014. Lexicon’s revenues for the three months ended March 31, 2014 decreased 23 percent to $0.3 million from $0.4 million for the corresponding period in 2013, primarily due to lower revenues from Lexicon’s alliance with Taconic Farms. Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) performance is 10.61%. On last trading day company shares ended up $1.46. Analysts mean target price for the company is $2.70. Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) distance from 50-day simple moving average (SMA50) is -2.96%.