On June 3, Unwired Planet Inc (NASDAQ:UPIP), announced that Dallas Clement was appointed to the company’s board of directors. Mr. Clement is executive vice president and chief financial officer for Cox Automotive, a $4.4 billion annual revenue worldwide automotive marketplace provider. In this role, Mr. Clement leads all of the company’s finance functions, as well as legal, corporate development, strategy and investor relations activities. Unwired Planet Inc (NASDAQ:UPIP) weekly performance is 6.94%. On last trading day company shares ended up $2.31. Analysts mean target price for the company is $4.50. Unwired Planet Inc (NASDAQ:UPIP) distance from 50-day simple moving average (SMA50) is 10.04%.
On May 22, 2014 Mr. Xuechu He, who was named #38 on Forbes richest Chinese list in 2010 with a new worth of RMB 12 billion, purchased a stake in YOU On Demand Inc. (NASDAQ:YOD) from C Media Limited (“C Media”), a leading mobile video service provider in China, in a private stock transaction. Mr. He purchased 2,285,715 restricted Series E convertible preferred shares. You On Demand Holdings, Inc. (NASDAQ:YOD) shares advanced 8.61% in last trading session and ended the day on $3.28. Its return on assets is -46.70%. You On Demand Holdings, Inc. (NASDAQ:YOD) quarterly performance is -35.69%.
June 5, 2014 Comtech Telecomm Corp. (NASDAQ:CMTL) reported its operating results for the three and nine months ended April 30, 2014. Net sales for the nine months ended April 30, 2014 were $257.8 million compared to $235.4 million for the nine months ended April 30, 2013. GAAP net income was $17.2 million, or $0.92 per diluted share, for the nine months ended April 30, 2014 as compared to $12.7 million, or $0.69 per diluted share, for the nine months ended April 30, 2013. Comtech Telecomm. Corp. (NASDAQ:CMTL) shares moved up 17.49% in last trading session and was closed at $38.76, while trading in range of $34.20 – $38.90. Comtech Telecomm. Corp. (NASDAQ:CMTL) year to date (YTD) performance is 25.36%.
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 June 4, 2014 Mentor Graphics Corporation (NASDAQ:MENT) announced the availability of Mentor® Embedded software for the new x86 AMD Embedded G-Series system-on-chip (SoC) (previously codenamed: “Steppe Eagle”) and central processing unit (CPU) (previously codenamed: “Crowned Eagle”) product families. As gold-level members of The Linux Foundation’s Yocto Project, AMD and Mentor Graphics have entered into a multi-year agreement to provide embedded developers with a comprehensive embedded Linux® -based tools solution. Mentor Graphics Corp (NASDAQ:MENT) net profit margin is 12.50 % and weekly performance is 2.88%. On last trading day company shares ended up $21.80. Analysts mean target price for the company is $26.63. Mentor Graphics Corp (NASDAQ:MENT) distance from 50-day simple moving average (SMA50) is 3.81%.