On May 28, 2014, NQ Mobile Inc (ADR) (NYSE:NQ), NQ Mobile Inc. (NQ Mobile) (NYSE: NQ), a leading global provider of mobile Internet services, announced that gaming subsidiary FL Mobile has entered into an agreement with Japanese game operator Mobcast and developer Gumi Inc. to bring their jointly developed mobile game, “Chain 11,” to China. NQ Mobile Inc (ADR) (NYSE:NQ), net profit margin is 4.40% and weekly performance is -10.89%. On last trading day company shares ended up $6.79. Analysts mean target price for the company is $33.00. NQ Mobile Inc (ADR) (NYSE:NQ), distance from 50-day simple moving average (SMA50) is -49.10%.
On May 13, 2014, Technical Communications Corporation (NASDAQ:TCCO), announced its results for the three and six months ended March 29, 2014. For the second quarter of the Company’s 2014 fiscal year, the Company reported a net loss of ($1,467,000), or ($0.80) per share, on revenue of $1,293,000, compared to a net loss of ($328,000), or ($0.18) per share, on revenue of $546,000 for the quarter ended March 30, 2013. For the six months ended March 29, 2014, the Company reported a net loss of ($1,282,000), or ($0.70) per share, on revenue of $3,802,000, compared to a net loss of ($638,000), or ($0.35) per share, on revenue of $2,142,000 for the six months ended March 30, 2013. Technical Communications Corporation (NASDAQ:TCCO), fell 3.41% in last trading session and ended the day on $4.25. TCCO, Gross Margin is 66.70% and its return on assets is -1.70%. Technical Communications Corporation (NASDAQ:TCCO), quarterly performance is 40.97%.
Pacific Crest cut shares of Covisint Corp (NASDAQ:COVS), from an outperform rating to a sector perform rating in a research report sent to investors on Friday morning, TheFlyOnTheWall.com reports. The firm currently has $14.00 price target on the stock. Covisint Corp (NASDAQ:COVS), shares moved down 4.96% in last trading session and was closed at $5.37, while trading in range of $5.32 – 5.70. Covisint Corp (NASDAQ:COVS), year to date (YTD) performance is -57.21%.
On May 27, 2014, Voltari Corp (NASDAQ:VLTC), announced that its 2014 annual meeting of stockholders (the “2014 Annual Meeting”) has been scheduled for July 28, 2014 in New York, NY. The record date for the 2014 Annual Meeting has been set as the close of business on June 16, 2014. Voltari Corp (NASDAQ:VLTC), ended the last trading day at $1.72. Company weekly volatility is calculated as 14.69% and price to cash ratio as 0.26. Voltari Corp (NASDAQ:VLTC), showed a negative weekly performance of 28.63%.