Chinese online game developer Shanda Games Limited (ADR) (NASDAQ:GAME) said Monday that it received a nonbinding takeover bid from a group led by its controlling shareholder that values the company at $1.9 billion. Shanda Games Limited(ADR) (NASDAQ:GAME) stock opened today at $6.23 and is currently trading at $6.23. The stock showed a positive weekly performance of 36.27%.
Telefonica Brasil SA (ADR) (NYSE:VIV) stock is upgraded to overweight from neutral at HSBC Securities. Telefonica Brasil SA (ADR) (NYSE:VIV) stock opened at $19.02, in current trading session and currently is at $19.01. The 52 week range of $17.91 – $27.71. Company’s market capitalization is $21.35 billion.
RiT Technologies Ltd.(NASDAQ:RITT) announced that the Yuhang branch of China Agriculture Bank has deployed RiT’s field-proven Intelligent Infrastructure Management solution, EPV™ (Enterprise PatchView). RiT Technologies Ltd.(NASDAQ:RITT) stock is closed at $1.82 and currently trading at $1.71. The EPS of the stock is -1.46. Company’s market capitalization is $22.21 million.
TheStreet Ratings team rates InfoSonics Corporation (NASDAQ:IFON) as a Hold with a ratings score of C. InfoSonics Corporation (NASDAQ:IFON) stock opened the session at $2.78, and now is at $2.57. The 52 week range of the IFON stock remained $0.38 – $3.08 and the day range was $2.48 – $2.81.