Daily deals website Groupon Inc (NASDAQ:GRPN) says it has purchased SnapSaves, a Canadian-made couponing app that launched last year. While the details of the transaction weren’t revealed, including the price of the acquisition, it marks a sign of the growing popularity of smartphone apps in the grocery industry. Groupon Inc (NASDAQ:GRPN) net profit margin is -4.70% and weekly performance is 4.34%. On last trading day company shares ended up $6.49. Analysts mean target price for the company is $8.76. Groupon Inc (NASDAQ:GRPN) distance from 50-day simple moving average is 1.15%.
Avago Technologies Ltd (AVGO) announced it will acquire PLX Technology, Inc. (NASDAQ:PLXT), the PCI Express silicon leader, in an all-cash deal that roughly values PLX at $309 million. PLX Technology, Inc. (NASDAQ:PLXT) shares advanced 9.09% in last trading session and ended the day on $6.48. PLXT Gross Margin is 56.50% and its return on assets is 9.20%. PLX Technology, Inc. (NASDAQ:PLXT) quarterly performance is 4.52%.
Nanosphere, Inc. (NASDAQ:NSPH), a company enhancing medicine through targeted molecular diagnostics, announced that it has been selected by HealthTrust as a provider of multi-target molecular diagnostic tests for the nearly 1,400 acute care facilities that are part of the HealthTrust membership. Nanosphere, Inc. (NASDAQ:NSPH) shares moved up 14.60% in last trading session and was closed at $1.57, while trading in range of $1.52-$1.78. Nanosphere, Inc. (NASDAQ:NSPH) year to date performance is -31.44%.
The 3D Systems Corporation (NYSE:DDD) on June 18 announced several key partnership commitments that extends its Make.Digital initiative to democratize digital craftsmanship at the first-ever White House Maker Faire. Hosted by President Obama, the White House Maker Faire will bring together students, entrepreneurs and everyday citizens who are using digital fabrication tools to launch new businesses, learn vital skills in science, technology, engineering, and math (STEM), and fuel the renaissance in American manufacturing.3D Systems Corporation (NYSE:DDD) ended the last trading day at $57.23. Company weekly volatility is calculated as 4.31% and price to cash ratio as 20.51. 3D Systems Corporation (NYSE:DDD) showed a positive weekly performance of 11.15%.
Abraxas Petroleum Corp. (NASDAQ:AXAS) has priced its previously announced underwritten public offering of 10,000,000 shares of its common stock at a public offering price of $5.00 per share. Abraxas Petroleum has granted the underwriters a 30-day option to purchase up to 1,500,000 additional shares of common stock. Abraxas Petroleum Corp. (NASDAQ:AXAS) net profit margin is 43.20% and weekly performance is 10.88%. On last trading day company shares ended up $5.91. Analysts mean target price for the company is $6.28. Abraxas Petroleum Corp. (NASDAQ:AXAS) distance from 50-day simple moving average is 14.88%.