On June 2,2014 Aptina has entered an agreement to acquire Color Filter Array (CFA) processing & probe- imaging assets from Micron Technology, Inc (NASDAQ:MU). Apart from this, Aptina will also lease from the latter its Nampa; Idaho fabrication-facility called Fab 9D where CFA processing is situated. Aptina’s chief executive officer, Phil Carmack, said that the company’s growing revenues & strong financial position have now enabled them to acquire these assets & add many great people which gives them a strategic-advantage in the current marketplace. Micron Technology, Inc. (NASDAQ:MU) net profit margin is 21.30% and weekly performance is 3.32%. On last trading day company shares ended up $29.54. Analysts mean target price for the company is $30.19. Micron Technology, Inc. (NASDAQ:MU) distance from 50-day simple moving average is 15.84%.
Spansion Inc. (NYSE:CODE), a global leader in embedded systems, announced a new family of power management integrated circuits (PMICs) for energy harvesting that can enable a greener Internet of Things (IoT) by eliminating the need for or extending the life of batteries in a multitude of IoT devices from individual wearable electronics to the nodes in wireless sensor networks. Spansion Inc. (NYSE:CODE) shares advanced 2.86% in last trading session and ended the day on $20.52. CODE Gross Margin is 27.10% and its return on assets is -6.60%. Spansion Inc. (NYSE:CODE) quarterly performance is 23.17%.
Rambus (NASDAQ:RMBS) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report released on Friday. They currently have a $13.40 price target on the stock. Zacks‘s target price suggests a potential upside of 15.92% from the company’s current price. Rambus Inc. (NASDAQ:RMBS) shares moved up 2.96% in last trading session and was closed at $12.18, while trading in range of $11.88-$12.19. Rambus Inc. (NASDAQ:RMBS) year to date performance is 28.62%.
On May 20,2014 Netlist, Inc. (NASDAQ: NLST), a leading provider of high performance memory solutions for the cloud computing and storage markets, announced the appointment of Mitchell Statham as Senior Vice President of Worldwide Sales and Marketing. In this newly created position, Statham will be charged with revenue and profit growth through expansion of the customer base worldwide. Netlist, Inc. (NASDAQ:NLST) ended the last trading day at $1.18. Company weekly volatility is calculated as 5.62% and price to cash ratio as 7.30. Netlist, Inc. (NASDAQ:NLST) showed a negative weekly performance of -5.60%.
Integrated Silicon Solution, Inc. (Nasdaq:ISSI), a leader in advanced memory solutions, announced it has begun sampling production units of its new 8-gigabit (8Gb) DDR3 and DDR3L SDRAMs. The 8Gb DDR3 device is the IS43TR16512A, which operates at 1.5V, and the IS43TR16512AL, which operates at 1.35V. Both are organized as 512Mx16 and packaged in a 96-ball BGA. Integrated Silicon Solution, Inc. (NASDAQ:ISSI) net profit margin is 8.20% and weekly performance is 6.41%. On last trading day company shares ended up $14.94. Analysts mean target price for the company is $16.50. Integrated Silicon Solution, Inc. (NASDAQ:ISSI) distance from 50-day simple moving average is 4.91%.