Microsoft, the American multinational corporation after a great partnership with Nokia Corporation (ADR) (NYSE:NOK) the Finnish multinational corporation, came up with an idea to add a home screen button to its new line of smartphones known as X-smartphone series. Till date, there have been lot of rumors about Nokia’s upcoming Android powered phone. Recent reports suggests that the phone being powered by Android will be called as “Nokia X2” and is expected to be based on the same principle as original Nokia X. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.50% and weekly performance is 8.28%. On last trading day company shares ended up $7.85. Analysts mean target price for the company is $8.06. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is 6.02%.
Once again, on no significant company-specific news, shares of Zendesk Inc (NYSE:ZEN) jumped nearly 15% during Wednesday’s intraday trading before settling to close up around 8%. Zendesk Inc. (NYSE:ZEN) shares advanced 7.95% in last trading session and ended the day on $17.38. ZEN gross Margin is 65.50% and its return on assets is -52.60%.
MaxLinear Inc. (NYSE:MXL) CEO Kishore Seendripu unloaded 25,000 shares of the stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $8.56, for a total transaction of $214,000.00. Following the transaction, the chief executive officer now directly owns 91,967 shares of the company’s stock, valued at approximately $787,238. MaxLinear, Inc. (NYSE:MXL) shares moved up 6.19% in last trading session and was closed at $8.92, while trading in range of $8.34 – $8.95. MaxLinear, Inc. (NYSE:MXL) year to date (YTD) performance is -14.48%.
Daqo New Energy Corp. (NYSE:DQ) a leading polysilicon manufacturer based in China on 14 may announced that the previously announced registered follow-on public offering of American depositary shares (“ADSs”) by the Company was priced at US$29.00 per ADS on May 14, 2014. The Company will issue and sell 2,000,000 ADSs. Each ADS represents 25 ordinary shares of the Company. In connection with this offering, the Company has granted the underwriter a 30-day option to purchase up to 300,000 additional ADSs. Daqo New Energy Corp (NYSE:DQ) ended the last trading day at $27.00. Company weekly volatility is calculated as 6.35% and price to cash ratio as 22.35.Daqo New Energy Corp (NYSE:DQ) showed a positive weekly performance of 23.51%.
Marcus & Millichap Inc. (NYSE:MMI) announced on 15 may, total revenues were $114.6 million for the three months ended March 31, 2014 compared to $69.4 million for the same period in 2013, an increase of $45.2 million, or 65.2%. Marcus & Millichap Inc. (NYSE:MMI) net profit margin is 3.00% and weekly performance is 15.89%. On last trading day company shares ended up $21.01. Marcus & Millichap Inc. (NYSE:MMI) distance from 50-day simple moving average (SMA50) is 19.81%.