On June 23, 2014, Sony Corp (ADR) (NYSE:SNE), television unit, Sony Pictures Television Inc., announced that it had inked an agreement with Sinclair Broadcast Group to expand distribution of its newly-launched digital channel— getTV. Under the latest deal, getTV will be able to increase its nationwide footprint, adding 33 new television markets in the country as its looks to ramp up its presence in US households. Sony Corp (ADR) (NYSE:SNE), net profit margin is -1.60% and weekly performance is 3.74%. On last trading day company shares ended up $16.91. Analysts mean target price for the company is $21.51. Sony Corp (ADR) (NYSE:SNE), distance from 50-day simple moving average (SMA50) is -0.64%.
Micron Technology, Inc. (NASDAQ:MU)’s stock had its “outperform” rating reaffirmed by Zacks in a note issued to investors on Wednesday. They currently have a $39.00 price target on the stock. Zacks‘s target price would suggest a potential upside of 20.00% from the company’s current price. Micron Technology, Inc. (NASDAQ:MU), fell 0.16% in last trading session and ended the day on $32.34. MU, Gross Margin is 29.70% and its return on assets is 15.40%. Micron Technology, Inc. (NASDAQ:MU), quarterly performance is 41.66%.
Canaccord Genuity assumed coverage on shares of Applied Micro Circuits Corporation (NASDAQ:AMCC), in a report released on Tuesday,TheFlyOnTheWall.com reports. The firm issued a buy rating and a $16.00 price objective on the stock. Applied Micro Circuits Corporation (NASDAQ:AMCC), shares moved down 1.63% in last trading session and was closed at $10.84, while trading in range of $10.71 – 11.10. Applied Micro Circuits Corporation (NASDAQ:AMCC), year to date (YTD) performance is -18.92%.
On June 20, 2014, ABB Ltd (ADR) (NYSE:ABB), the leading power and automation group, announced it has completed the sale of Power-One’s Power Solutions business to Bel Fuse Inc. (NASDAQ:BELFA and NASDAQ:BELFB), headquartered in Jersey City. The transaction, announced on April 28, closed . ABB Ltd (ADR) (NYSE:ABB), ended the last trading day at $22.84. Company weekly volatility is calculated as 0.64% and price to cash ratio as 27.28. ABB Ltd (ADR) (NYSE:ABB), showed a negative weekly performance of 2.18%.
Danaher Corporation (NYSE:DHR), announced a quarterly dividend on Thursday, May 8th, Stock Ratings Network reports. Stockholders of record on Friday, June 27th will be paid a dividend of 0.10 per share on Friday, July 25th. This represents a $0.40 annualized dividend and a dividend yield of 0.50%. The ex-dividend date is Wednesday, June 25th. Danaher Corporation (NYSE:DHR), net profit margin is 13.40% and weekly performance is -1.34%. On last trading day company shares ended up $79.49. Analysts mean target price for the company is $85.15. Danaher Corporation (NYSE:DHR), distance from 50-day simple moving average (SMA50) is 3.90%.