QUALCOMM, Inc. (NASDAQ:QCOM) is in advanced talks to buy Israeli chipmaker Wilocity, financial news website TheMarker reported on Sunday. Qualcomm has proposed to acquire Wilocity, which makes fast speed chips, for around $300 million but the two sides have yet to agree to terms of all the provisions of the sale, TheMarker said. QUALCOMM, Inc. (NASDAQ:QCOM) net profit margin is 26.90% and weekly performance is 0.65%. On last trading day company shares ended up $79.50. Analysts mean target price for the company is $84.84. QUALCOMM, Inc. (NASDAQ:QCOM) distance from 50-day simple moving average (SMA50) is 1.62%.
JDS Uniphase Corp (NASDAQ:JDSU) reported results for its third quarter ended March 29, 2014 in last month. GAAP net revenue was $418.0 million, with net loss of $(1.5) million, or $(0.01) per share. Prior quarter net revenue was $447.6 million, with net income of $8.8 million, or $0.04 per share. Net revenue for fiscal 2013 third quarter was $405.3 million, with net loss of $(28.0) million, or $(0.12) per share. Non-GAAP net revenue was $418.0 million, with net income of $23.4 million, or $0.10 per share. Prior quarter non-GAAP net revenue was $447.6 million, with net income of $45.3 million, or $0.19 per share. JDS Uniphase Corp (NASDAQ:JDSU) shares advanced 2.07% in last trading session and ended the day on $10.87. JDSU Gross Margin is 43.90% and its return on assets is 4.60%. JDS Uniphase Corp (NASDAQ:JDSU) quarterly performance is -18.09%.
Martin Sorrell claimed the merger between advertising agencies Omnicom Group Inc. (NYSE:OMC) and Publicis Groupe SA lacked fizz the moment the deal was first announced with a champagne toast in Paris last summer. Omnicom Group Inc. (NYSE:OMC) shares moved up 2.21% in last trading session and was closed at $67.66, while trading in range of $65.53 – $68.19. Omnicom Group Inc. (NYSE:OMC) year to date (YTD) performance is -8.53%.
William Blair began coverage on shares of Sonus Networks (NASDAQ:SONS) in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm issued an outperform rating on the stock. Sonus Networks, Inc. (NASDAQ:SONS) ended the last trading day at $3.33. Company weekly volatility is calculated as 3.89% and price to cash ratio as 5.18. Sonus Networks, Inc. (NASDAQ:SONS) showed a positive weekly performance of 4.72%.