Applied Micro Circuits Corporation (NASDAQ:AMCC), also known as AppliedMicro, announced that it will present at the J.P. Morgan Global Technology, Media and Telecom Conference in Boston, MA. A webcast will be available on the Investor Relations page of the AppliedMicro website at www.apm.com. Applied Micro Circuits Corporation (NASDAQ:AMCC) shares after opening at $9.58 moved to $9.58 on last trade day and at the end of the day closed at $9.07. Company price to sales ratio in past twelve months was calculated as 3.11 and price to cash ratio as 6.31. Applied Micro Circuits Corporation (NASDAQ:AMCC) showed a negative weekly performance of -6.69%.
Broadcom (NASDAQ:BRCM) EVP Robert A. Rango sold 14,061 shares of Broadcom stock on the open market in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $30.38, for a total value of $427,173.18. Following the transaction, the executive vice president now directly owns 429,540 shares in the company, valued at approximately $13,049,425.Broadcom Corporation (NASDAQ:BRCM) shares fell -2.23% in last trading session and ended the day on $29.76. BRCM return on equity ratio is recorded as 4.90% and its return on assets is 3.50%. Broadcom Corporation (NASDAQ:BRCM) yearly performance is -16.43%.
WidePoint Corporation (NYSE:WYY), a leading provider of Managed Mobility Services featuring enterprise-wide telecommunications management (TLM) and Cybersecurity solutions, announced that it has acquired Soft-ex Communications, Ltd., a leading software provider of Telecom Data Intelligence (TDI) solutions throughout European and Middle Eastern markets, with headquarters in Dublin, Ireland. WidePoint Corporation (NYSEMKT: WYY) shares moved up 1.47% in last trading session and was closed at $1.38, while trading in range of $ 1.33 – 1.40. WidePoint Corporation (NYSEMKT: WYY) year to date (YTD) performance is -15.85
Arrow Electronics, Inc. (NYSE:ARW) issued an update on its second quarter earnings guidance on Tuesday morning. The company provided EPS guidance of $1.35-1.47 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.44, Analyst RN reports. The company issued revenue guidance of $5.45-5.85 billion, compared to the consensus revenue estimate of $5.76 billion. Arrow Electronics, Inc.(NYSE:ARW) weekly performance is -3.22%. On last trading day company shares ended up $54.40. Arrow Electronics, Inc.(NYSE:ARW) distance from 50-day simple moving average (SMA50) is -5.11%. Analysts mean target price for the company is $58.45.