Violin Memory, Inc., (NYSE:VMEM), a leading provider of flash storage arrays and appliances delivering application solutions for the enterprise, announced the promotion of Steve Dalton to senior vice president of engineering from vice president of software. Mr. Dalton joined Violin one year ago from Intel where he was the general manager of Intel’s Datacenter flash software organization. Memory Inc (NYSE:VMEM) shares after opening at $5.13 moved to $5.48 on last trade day and at the end of the day closed at $4.95. Company price to sales ratio in past twelve months was calculated as 1.95 and price to cash ratio as 1.49. Violin Memory Inc (NYSE:VMEM) showed a positive weekly performance of 15.93%.
Fortuna Silver Mines (NYSE:FSM) was upgraded by investment analysts at Haywood Securities from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday, American Banking & Market News reports. Fortuna Silver Mines Inc. (NYSE:FSM) shares fell -6.25% in last trading session and ended the day on $3.60. Fortuna Silver Mines Inc. (NYSE:FSM) yearly performance is -21.57%.
Global Cash Access Holdings (NYSE:GCA) EVP Robert Myhre purchased 5,000 shares of the stock in a transaction that occurred on Friday, March 14th. The shares were purchased at an average cost of $8.07 per share, with a total value of $40,350.00. Global Cash Access Holdings, Inc. (NYSE:GCA) shares moved down -4.38% in last trading session and was closed at $7.85 while trading in range of $7.77 -$8.44 – Global Cash Access Holdings, Inc. (NYSE:GCA) year to date (YTD) performance is -21.42%.
China Digital TV Holding Co., Ltd. (NYSE:STV), provider of conditional access (“CA”) systems and comprehensive services to China’s expanding digital television market, announced that it has reached a strategic agreement with Jishi Media Co., Ltd. (“Jishi Media”) to cooperatively develop value added services (“VAS”) in Jilin Province. China Digital TV Holding Co., Ltd. (ADR) (NYSE:STV) weekly performance is 13.89%. On last trading day company shares ended up $3.28. China Digital TV Holding Co., Ltd. (ADR) (NYSE:STV) distance from 50-day simple moving average (SMA50) is 24.36%. Analysts mean target price for the company is $2.89.