The ON Semiconductor Corp (NASDAQ:ONNN) on Mar. 17 said it will be demonstrating its latest integrated controllers at this year’s APEC in Fort Worth, Texas, March 16 – 20. The show, which is the premier North American event focusing on applied power electronics, provides the ideal forum for ON Semiconductor to showcase its broad portfolio of devices that help enable the design of efficient, safe, and cost-effective power electronics across multiple sectors including networking, computing, consumer and portable electronics, white goods, and solid state lighting. ON Semiconductor Corp (NASDAQ:ONNN) shares after opening at $9.12 moved to $9.30 on last trade day and at the end of the day closed at $9.19. Company price to sales ratio in past twelve months was calculated as 1.46 and price to cash ratio as 6.50. ON Semiconductor Corp (NASDAQ:ONNN) showed a negative weekly performance of -1.82%.
Texas Instruments Incorporated (TI) (NASDAQ:TXN) announced that Peter Balyta, Ph.D., has been elected vice president of the company. Balyta is also president of the Education Technology division, which focuses on market-leading educational technology to improve student achievement in mathematics and science. Texas Instruments Incorporated (NASDAQ:TXN) shares advanced 1.22% in last trading session and ended the day on $46.64. TXN return on equity ratio is recorded as 19.40% and its return on assets is 11.00%. Texas Instruments Incorporated (NASDAQ:TXN) yearly performance is 35.38%.
Atmel Corporation (NASDAQ:ATML) is a Buy rated stock at Merrill Lynch. The company is a worldwide leader in the design and manufacture of microcontrollers, capacitive touch solutions, advanced logic, mixed-signal, nonvolatile memory and radio frequency (RF) components. The Merrill Lynch price target is set at $11. The Thomson/First Call consensus is at $8.98, and Atmel closed on Friday at $8.11. Atmel Corporation (NASDAQ:ATML) shares moved up 0.62% in last trading session and was closed at $8.11, while trading in range of $8.06-$8.19. Atmel Corporation (NASDAQ:ATML) year to date performance is 3.58%.
The announcement that Intel Corporation (NASDAQ:INTC) made a “significant equity investment” in Cloudera should come as no surprise to Intel watchers. Intel has been trying to grow beyond its traditional role as a dominant player in the PC business. Both the parties that made lots of profits during the heyday of “WinTel” are looking for new growth strategies.Intel Corporation (NASDAQ:INTC) weekly performance is 1.79%. On last trading day company shares ended up $25.62. Intel Corporation (NASDAQ:INTC) distance from 50-day simple moving average is 3.55%. Analysts mean target price for the company is $25.05.