MyECheck, Inc. (OTCMKTS:MYEC) the leading developer and licensor of electronic check services, reported Q1 2014 results. For the three months ended March 31, 2013, revenue from operations was $1,361,783, total expenses were $37,737, and net income was $1,323,656. On last trading day company shares ended up $0.0428.
Shares of Oi SA (NYSE:OIBR) are down on heavy trading volume after the Brazil telecommunications company reported that its first quarter 2014 profit declined. Oi SA (ADR) (NYSE:OIBR) shares declined -9.94% in last trading session and ended the day on $0.797.
Research analysts at Goldman Sachs reduced their price target on shares of Molycorp (NYSE:MCP) to $4.00 in a report released on Thursday, AR Network reports. Goldman Sachs’ target price points to a potential upside of 37.46% from the stock’s previous close. Molycorp Inc. (NYSE:MCP) shares moved down -3.78% in last trading session and was closed at $2.80, while trading in range of $2.71 – $2.90. Molycorp Inc. (NYSE:MCP) year to date (YTD) performance is -50.18%.
Equities research analysts at Jefferies Group reduced their target price on shares of Kinross Gold (NYSE:KGC) from $3.75 to $3.00 in a research note issued to investors on Friday, American Banking News.com reports. Jefferies Group’s price objective points to a potential downside of 26.47% from the stock’s previous close. Kinross Gold Corporation (USA) (NYSE:KGC) ended the last trading day at $3.97. Company weekly volatility is calculated as 2.05% and price to cash ratio as 6.22.Kinross Gold Corporation (USA) (NYSE:KGC) showed a negative weekly performance of -0.50%.
Ruckus Wireless, Inc. (NYSE:RKUS) announced on 5 may that Indian Wells Tennis Garden, owned by Larry Ellison, co-founder and CEO of Oracle Corporation, has successfully deployed a massive, high-density, high-capacity Smart Wi-Fi network throughout its entire 54 acre complex, which was in use during the BNP Paribas Open held there last March. Ruckus Wireless Inc. (NYSE:RKUS) net profit margin is 0.70% and weekly performance is -4.08%. On last trading day company shares ended up $9.18. Analysts mean target price for the company is $15.31. Ruckus Wireless Inc. (NYSE:RKUS) distance from 50-day simple moving average (SMA50) is -20.72%.