Analog Devices Inc. (NASDAQ:ADI) EVP Robert P. Mcadam unloaded 140,675 shares of Analog Devices stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $53.90, for a total value of $7,582,382.50. Following the transaction, the executive vice president online.wsj.compresident now directly owns 198,550 shares of the company’s stock, valued at approximately $10,701,845. Analog Devices, Inc. (NASDAQ:ADI) net profit margin is 26.80% and weekly performance is 0.70%. On last trading day company shares ended up $54.45. Analysts mean target price for the company is $57.63. Analog Devices, Inc. (NASDAQ:ADI) distance from 50-day simple moving average (SMA50) is 3.16%.
Lenovo Group Ltd. (ADR)(OTCMKTS:LNVGY)’s proposed purchase of IBM Corp.’s low-end server business has been cleared by Chinese officials, according to news reports on 4 July Friday. Lenovo Group Limited (ADR)(OTCMKTS:LNVGY) shares advanced 2.54% in last trading session and ended the day on $27.68.
US sportswear company Nike Inc. (NYSE:NKE) will not renew its long-running kit supply deal with former English soccer champions Manchester United after pulling out of a bidding war with a rival.Nike Inc. (NYSE:NKE) shares moved down -1.25% in last trading session and was closed at $77.67, while trading in range of $77.07 – $78.41. Nike Inc. (NYSE:NKE) year to date (YTD) performance is -0.61%.
China’s search-engine king, Baidu Inc. (ADR) (NASDAQ:BIDU) has become the front-runner in the race to lure the country’s burgeoning population of mobile Internet users as it expands its offerings in the space with some alluring new features. Baidu Inc. (ADR) (NASDAQ:BIDU) ended the last trading day at $182.30. Company weekly volatility is calculated as 2.89% and price to cash ratio as 10.04.Baidu Inc. (ADR) (NASDAQ:BIDU) showed a negative weekly performance of -2.41%.