Twitter Inc (NYSE:TWTR) agreed to buy Namo Media Inc. as the microblogging website seeks to bolster its reach in mobile advertising. Twitter announced the acquisition in a blog post, without releasing financial terms of the deal. The company’s shares rose 3 percent to $33.89 at the close in New York. Twitter Inc (NYSE:TWTR) net profit margin is -93.70% and weekly performance is -0.32%. On last trading day company shares ended up $33.89. Analysts mean target price for the company is $43.69. Twitter Inc (NYSE:TWTR) distance from 50-day simple moving average (SMA50) is -12.54%.
Universal Display Corporation (NASDAQ:OLED) enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, announced OLED technology and material advancements, which include a novel display architecture and a new approach for color tunable phosphorescent white OLED lighting. Universal Display Corporation (NASDAQ:OLED) shares advanced 9.30% in last trading session and ended the day on $27.63. Gross Margin is 78.90% and its return on assets is 19.20%. Universal Display Corporation (NASDAQ:OLED) quarterly performance is -19.70%.
The board of on Rockwell Automation, (NYSE:ROK) has sanctioned the repurchase of additional common stock of up to $1 billion on top of its prior repurchase authorization of $1 billion, initiated in June, 2012. Under the previous $1 billion share buyback program, Rockwell Automation has repurchased around $777 million worth of shares. As of June 3, 2014, there were around 223 million shares outstanding. Rockwell Automation (NYSE:ROK) shares moved down 2.41% in last trading session and was closed at $125.30, while trading in range of $123.10- $125.39. Rockwell Automation (NYSE:ROK) year to date (YTD) performance is 7.09%.
JDS Uniphase Corp (NASDAQ:JDSU) on May 27 announced that its Board of Directors has authorized a program to repurchase up to $100 million of the Company’s common stock through open market or private transactions between now and June 27, 2015, the end of the Company’s fiscal year 2015. JDSU had $926.2 million in total cash as of March 29, 2014 and generated $58.3 million in free cash flow during the first nine months of fiscal year 2014. The timing of repurchases and the number of shares repurchased will depend upon business and financial market conditions. JDS Uniphase Corp (NASDAQ:JDSU) ended the last trading day at $11.00. Company weekly volatility is calculated as 2.51% and price to cash ratio as 2.89. JDS Uniphase Corp (NASDAQ:JDSU) showed a negative weekly performance of -1.87%.
Statoil ASA (ADR) (NYSE:STO) has lifted two 6,000-tonne compressors aboard its Troll A platform in the Norwegian North Sea. The company says the compressors will boost recovery from Troll by more than 83 billion standard cu m of gas once they are running next year. Statoil ASA (ADR) (NYSE:STO) net profit margin is 9.80% and weekly performance is 0.81%. On last trading day company shares ended up $ 30.95. Analysts mean target price for the company is $30.41. Statoil ASA (ADR) (NYSE:STO) distance from 50-day simple moving average (SMA50) is 7.66%.