Cellcom Israel Ltd. (NYSE:CEL) announced that following its previous reports in relation to the Israeli court’s approval of a creditors’ arrangement for IDB Holding Corporation Ltd., IDB Development Corporation Ltd. (the Company’s indirect controlling shareholder) announced that the consummation of the creditors’ arrangement has begun and that the control in IDB Development Corporation Ltd. was transferred to the Elzstain – Extra group, led by Mr. Eduardo Elzstain and Mr. Mordechai Ben Moshe. As a result, the indirect control in the Company was transferred to the Elzstain – Extra group.Cellcom Israel Ltd. (NYSE:CEL) net profit margin is 5.80% and weekly performance is 4.23%. On last trading day company shares ended up $13.30. Analysts mean target price for the company is $38.34. Cellcom Israel Ltd. (NYSE:CEL) distance from 50-day simple moving average (SMA50) is 0.68%.
Amber Road Inc (NASDAQ:AMBR) saw strong trading volume on Wednesday following a stronger than expected earnings report,Stock Ratings News reports. 224,916 shares traded hands during trading, an increase of 53% from the previous session’s volume of 146,773 shares. Amber Road Inc (NYSE:AMBR) ended the day on $12.47. AMBR Gross Margin is 57.70 % and its return on assets is -66.50%.
InterOil Corporation (USA) (NYSE:IOC) (the “company”) announced a 2014 first quarter net profit of $318.6 million, due mainly to a one-off $340.5 million gain from the sale of an interest in PRL 15 to Total S.A. of France on March 26, 2014. The profit, up from $4.0 million in the first quarter of 2013, is underpinning aggressive exploration drilling across the four petroleum prospecting licenses (“PPLs”) awarded to InterOil in March by the Papua New Guinea Government. InterOil Corporation (USA) (NYSE:IOC) shares moved down -0.89% in last trading session and was closed at $60.18, while trading in range of $58.99 – $61.79. InterOil Corporation (USA) (NYSE:IOC) year to date (YTD) performance is 16.88%.
EZchip Semiconductor Ltd. (NASDAQ:EZCH) a leader in Ethernet network processors, announced its results for the first quarter ended March 31, 2014. Net income, on a GAAP basis, for the first quarter of 2014 was $6.1 million, or $0.21 per share (diluted), compared to net income of $3.5 million, or $0.12 per share (diluted), in the first quarter of 2013, and net income of $6.5 million, or $0.22 per share (diluted), in the fourth quarter of 2013. EZchip Semiconductor Ltd. (NASDAQ:EZCH) ended the last trading day at $26.45. Company weekly volatility is calculated as 5.21% and price to cash ratio as 3.94. EZchip Semiconductor Ltd. (NASDAQ:EZCH) showed a positive weekly performance of 12.79%.
Hungarian operator Magyar Telekom Tavkozlesi Nyrt (ADR) (OTCMKTS:MYTAY) has teamed up with Huawei Technologies to launch the TV Go service, which enables customers to watch TV anywhere in the country on different devices (tablets, laptops, smartphones) at no extra cost. The service is provided exclusively for Telekom TV subscribers and provides access to live programs of 16 TV channels (ATV, HirTV, M1, M2, Duna, Duna World, MTV Europe, LifeNetwork, Ozone Network, Sport1, Story4, Story5, TV2, RTL Klub, Viasat3, Viasat6), as well as to the Videotheque VOD service for the payment of a one-off fee. Magyar Telekom Tavkozlesi Nyrt (ADR) (OTCMKTS:MYTAY) On last trading day company shares ended up $7.33.