On June 2, Silicon Image, Inc. (NASDAQ:SIMG) a leading provider of multimedia connectivity solutions and services, announced the industry’s first analog-to-MHL®/HDMI® converter integrated circuits (ICs) that provide OEMs with cost-optimized adapter solutions for connecting analog sources to HDMI or MHL-enabled DTVs. Silicon Image, Inc. (NASDAQ:SIMG) net profit margin is 4.10% and weekly performance is -2.04%. On last trading day company shares ended up $5.28. Analysts mean target price for the company is $7.90. Silicon Image, Inc. (NASDAQ:SIMG) distance from 50-day simple moving average (SMA50) is -7.52%.
Levi & Korsinsky notifies investors of Hittite Microwave Corporation of claims of breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Analog Devices, Inc. (NASDAQ:ADI). A complaint was filed in Delaware state court. Analog Devices, Inc. (NASDAQ:ADI) shares fell -0.22% in last trading session and ended the day on $55.50. Gross Margin is 65.30% and its return on assets is 11.30%. Analog Devices, Inc. (NASDAQ:ADI) quarterly performance is 10.27%.
Hewlett-Packard Company (NYSE:HPQ) reports its Industry Standard Server business as part of its Enterprise Group segment, which also includes the Business Critical Systems, Storage Products, Networking, and Technology Services business lines. In the company’s latest earnings announcement for the quarter ending April 30, HP reported $6.7 billion in revenues from its Enterprise Group segment, which is about 25% of the overall company’s revenues. Hewlett-Packard Company (NYSE:HPQ) shares moved down -0.74% in last trading session and was closed at $34.90, while trading in range of $34.63 – $35.06. Hewlett-Packard Company (NYSE:HPQ) year to date (YTD) performance is 25.95%.
On June 13, Trade-Ideas LLC identified Applied Micro Circuits Corporation (NASDAQ:AMCC) as a “dead cat bounce” candidate. Applied Micro Circuits Corporation (NASDAQ:AMCC) net profit margin is -2.60% and weekly performance is 8.62%. On last trading day company shares ended up $11.09. Analysts mean target price for the company is $13.25. Applied Micro Circuits Corporation (NASDAQ:AMCC) distance from 50-day simple moving average (SMA50) is 16.77%.
Joe Kaeser, chief executive officer of Siemens AG ADR) (OTCMKTS:SIEGY) made a counteroffer yesterday, seeking to carve up the French manufacturer’s energy and transportation assets with Mitsubishi Heavy Industries Ltd. and Hitachi Ltd. Seven weeks after General Electric Co. offered to buy Alstom SA (ALO)’s energy assets, its biggest rival Siemens AG (SIE) bounced back with a bid intended to seduce the board — and the French state — with the added financial support of two of Japan’s largest industrial companies. Siemens AG (ADR) (OTCMKTS:SIEGY) ended the last trading day at $134.33.