Zynga Inc. (NASDAQ:ZNGA) a leading social game developer, announced that its Chief Executive Officer Don Mattrick will present at the Bank of America Merrill Lynch 2014 Global Technology Conference in San Francisco. The session is scheduled for Wednesday, June 4, 2014, at 2:05 p.m. Pacific Time (5:05 p.m. Eastern Time). Zynga Inc (NASDAQ:ZNGA) net profit margin is -13.20% and weekly performance is -2.09%. On last trading day company shares ended up $3.28. Analysts mean target price for the company is $4.62. Zynga Inc (NASDAQ:ZNGA) distance from 50-day simple moving average (SMA50) is -21.67%.
Armco Metals Holdings, Inc. (NYSEMKT:AMCO), a distributor of imported metal ores and a steel recycler in China, today announced that the Company has received a credit approval letter from a Chinese commercial bank with an approved credit limit equivalent to RMB 96 million or $15 million, of which $7.5 million can be used for general purposes such as Import Letters of Credit and Import Bill Advances, and the other $7.5 million can be used for special business purposes such as secured business loans. The new credit facility became effective on May 16, 2014 and is in effect for a period of 12 months and replaced the facility of RMB 78 million or $12.7 million we had with the same bank. Armco Metals Holdings Inc (NYSE:AMCO) shares fell -26.79% in last trading session and ended the day on $0.223. Gross Margin is 2.60 % and its return on assets is -4.60%. Armco Metals Holdings Inc (NYSE:AMCO) quarterly performance is -36.14%.
Global Partners LP (NYSE:GLP) announced that Daphne H. Foster, the Partnership’s Chief Financial Officer, and Mark Romaine, Chief Operating Officer, will present at the 2014 National Association of Publicly Traded Partnerships (NAPTP) MLP Annual Investor Conference in Ponte Vedra Beach, Florida. Global Partners LP (NYSE:GLP) shares moved up 1.98% in last trading session and was closed at $40.79, while trading in range of $39.30 – $40.83. Global Partners LP (NYSE:GLP) year to date (YTD) performance is 18.85%.
On May 15, Empire Resources, Inc. (NASDAQ:ERS) a distributor of value added, semi-finished metal products, announced today that net sales for the first quarter of 2014 were $138.3 million, an increase of 23% from the fourth quarter of 2013, and 4% higher than the 2013 first quarter. The improvement compared with the 2013 fourth quarter reflected increased sales across all regions including Latin America, North America, Australia/New Zealand and Europe.Empire Resources Inc (NASDAQ:ERS) ended the last trading day at $4.10. Company weekly volatility is calculated as 2.13% and price to cash ratio as 14.20. Empire Resources Inc (NASDAQ:ERS) showed a negative weekly performance of -1.20%.
Mitsubishi Electric Corporation (ADR) (OTCMKTS:MIELY) completed its development of the ALOS-2:DAICHI-2 advanced land-observation satellite, based on a contract awarded to the company by the Japan Aerospace Exploration Agency (JAXA) in 2009.Mitsubishi Electric Corporation (ADR) (OTCMKTS:MIELY) On last trading day company shares ended up $22.94.