On May 29, Transgenomic Inc (NASDAQ:TBIO) announced that educational materials discussing its ICE COLD-PCR (ICP) technology will be available at its booth at the 2014 ASCO Annual Meeting. The studies described in the materials provide further validation of key features of Transgenomic’s ICP technology. They were conducted by company researchers working on their own as well as in collaboration with scientists at the University of Texas MD Anderson Cancer Center and the Dana-Farber Cancer Institute. Transgenomic Inc (NASDAQ:TBIO) net profit margin is -61.50% and weekly performance is -1.60%. On last trading day company shares ended up $3.69. Analysts mean target price for the company is $10.00. Transgenomic Inc (NASDAQ:TBIO) distance from 50-day simple moving average (SMA50) is -15.34%.
On May 13, Majesco Entertainment Co. (NASDAQ:COOL) files $15M mixed securities shelf. Majesco Entertainment Co. (NASDAQ:COOL) shares fell -3.53% in last trading session and ended the day on $0.333. COOL Gross Margin is 18.40% and its return on assets is -45.20%. Majesco Entertainment Co. (NASDAQ:COOL) quarterly performance is -37.13%.
On May 20, PC Tel Inc (NASDAQ:PCTI), announced at Cisco Live! the release of two new directional antennas: the 2.4 GHz and 5 GHz Enclosed Yagi MIMO Antennas for long range broadband wireless access applications. The new yagis provide high-speed directional WiFi coverage and optimized data throughput in a rugged, low profile housing. They are ideal for point-to-point installations in challenging environmental settings such as subways, highways, smart grids, oil and gas fields and wireless backhaul applications. PC Tel Inc (NASDAQ:PCTI) shares moved down -2.64% in last trading session and was closed at $7.00, while trading in range of $6.95 – $7.26. PC Tel Inc (NASDAQ:PCTI) year to date (YTD) performance is -26.16%.
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 29, 2014 to file lead plaintiff applications in a securities class action lawsuit against Covisint Corp (NASDAQ:COVS) , if they purchased the Company’s common stock pursuant and/or traceable to Covisint’s September 26, 2013 initial public stock offering (“IPO”). This action is pending in the United States District Court for the Southern District of New York. Covisint Corp (NASDAQ:COVS) ended the last trading day at $5.06. Company weekly volatility is calculated as 6.53% and price to cash ratio as 3.83. Covisint Corp (NASDAQ:COVS) showed a negative weekly performance of -28.63%.
On May 20, Imation Corp. (NYSE:IMN) announced that IronKey Workspace W700 won a Best of TechEd award in the Hardware category. Penton’s Best of TechEd awards, co-sponsored by Microsoft and Windows IT Pro, recognize Microsoft partners that offer innovative products and services for the industry. Winners were announced at the Microsoft TechEd North America 2014 conference in Houston, Texas. Imation Corp. (NYSE:IMN) shares moved down -3.11% in last trading session and was closed at $3.43, while trading in range of $3.40 – $3.58. Imation Corp. (NYSE:IMN) year to date (YTD) performance is -26.71%.