On June 23, 2014, Avago Technologies Ltd (NASDAQ:AVGO), announced it will acquire PLX Technology, Inc. (PLXT), the PCI Express silicon leader, in an all-cash deal that roughly values PLX at $309 million. Avago Technologies Ltd (NASDAQ:AVGO), net profit margin is 21.70% and weekly performance is 0.01%. On last trading day company shares ended up $70.94. Analysts mean target price for the company is $79.80. Avago Technologies Ltd (NASDAQ:AVGO), distance from 50-day simple moving average (SMA50) is 4.35%.
On June 27, 2014, NXP Semiconductors NV (NASDAQ:NXPI), announced that Dr. Rick Tsai has been appointed as non-executive director in its Board of Directors, effective July 1, 2014. NXP Semiconductors NV (NASDAQ:NXPI), advanced 1.75% in last trading session and ended the day on $65.01. AVGO, Gross Margin is 46.30% and its return on assets is 7.30%. NXP Semiconductors NV (NASDAQ:NXPI), quarterly performance is 13.53%.
On June 26, 2014, STMicroelectronics NV (ADR) (NYSE:STM), announces the pricing of a US$1 billion offering of senior unsecured bonds (the “Bonds”) convertible into new or existing ordinary shares of STMicroelectronics (the “Shares”). STMicroelectronics NV (ADR) (NYSE:STM), shares moved down 0.22% in last trading session and was closed at $9.00, while trading in range of $8.87 – 9.01. STMicroelectronics NV (ADR) (NYSE:STM), year to date (YTD) performance is 14.94%.
Feltl & Co. downgraded shares of Atmel Corporation (NASDAQ:ATML), from a buy rating to a hold rating in a report released on Monday morning,TheFlyOnTheWall.com reports. Feltl & Co. currently has $8.50 price objective on the stock, down from their previous price objective of $9.00. Atmel Corporation (NASDAQ:ATML), ended the last trading day at $9.27. Company weekly volatility is calculated as 2.25% and price to cash ratio as 15.27. Atmel Corporation (NASDAQ:ATML), showed a negative weekly performance of 2.22%.
ON Semiconductor Corp (NASDAQ:ONNN), SVP Robert A. Klosterboer sold 30,000 shares of ON Semiconductor Corp stock in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of $9.10, for a total value of $273,000.00. Following the transaction, the senior vice president now directly owns 239,540 shares of the company’s stock, valued at approximately $2,179,814. ON Semiconductor Corp (NASDAQ:ONNN), net profit margin is 6.60% and weekly performance is 0.11%. On last trading day company shares ended up $9.09. Analysts mean target price for the company is $11.10. ON Semiconductor Corp (NASDAQ:ONNN), distance from 50-day simple moving average (SMA50) is 1.15%.