Sandisk Corporation (NASDAQ:SNDK) has eventually introduced its 128GB microSD card in India. In so doing, the company expects to capture the opportunity in one of the world’s fastest growing economies. In any case, India is already on the radar of many technology companies especially phone makers. SanDisk Corporation (NASDAQ:SNDK) shares after opening at $86.06 moved to $87.62 on last trade day and at the end of the day closed at $86.96. Company price to sales ratio in past twelve months was calculated as 3.10 and price to cash ratio as 7.00. SanDisk Corporation (NASDAQ:SNDK) showed a positive weekly performance of 2.61%.
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced that its eco-wise Element brand will soon arrive in Gainesville, Florida. Element Gainesville University will open in March 2017 in a convenient location near the University of Florida campus. Operated and developed by H.I. Development Inc., the newly constructed Element hotel will offer a fresh, new option for travellers with 123 stylish, sustainable rooms and a light-filled atmosphere designed to fuel a life in balance and on the move. It will be the fourth new Element hotel slated to debut in Florida in the next three years. Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) shares fell -0.23% in last trading session and ended the day on $78.52. HOT return on equity ratio is recorded as 16.40% and its return on assets is 6.30%. Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) yearly performance is 21.96%.
Milwaukee-based Roundy’s, Inc. (NYSE:RNDY) has sold 18 of its Rainbow stores to a group of local grocery retailers for $65 million in cash, plus inventory proceeds. Roundy’s Inc. (NYSE:RNDY) shares moved down -2.86% in last trading session and was closed at $6.46, while trading in range of $6.25 – $6.67. Roundy’s Inc. (NYSE:RNDY) year to date (YTD) performance is -34.48%.
Marvell (NASDAQ:MRVL) announced that an emerging Smart Home leader Broadlink Electronics Technologies has selected Marvell’s Wi-Fi microcontroller Internet of Things (IoT) platform to power Broadlink’s family of products for Smart Home automation. Using Marvell’s Wi-Fi microcontroller and the Easy-Connect Software Development Kit (SDK) IoT platform, Hangzhou China based Broadlink has released SP2 Smart-Socket, RM2 Universal Home Controller and A1 Air Quality Monitor to the market, enabling the “Smart Life and Smart Lifestyle” vision. Marvell Technology Group Ltd. (NASDAQ:MRVL) weekly performance is -3.44%. On last trading day company shares ended up $15.31. Marvell Technology Group Ltd. (NASDAQ:MRVL) distance from 50-day simple moving average (SMA50) is -2.35%. Analysts mean target price for the company is $16.52.