Kirby McInerney LLP is investigating potential claims against the Board of Directors of Kandi Technologies Group, Inc. (NASDAQ:KNDI) related to fraud charges brought against Shawn A. Becker (“Becker”), Roger D. Lockhart (“Lockhart”), and George Tazbaz (“Tazbaz”) by the Securities and Exchange Commission (“SEC”). Kandi Technologies Group Inc (NASDAQ:KNDI) net profit margin is -20.10% and weekly performance is 7.88%. On last trading day company shares ended up $13.15. Analysts mean target price for the company is $4.59. Kandi Technologies Group Inc (NASDAQ:KNDI) distance from 50-day simple moving average (SMA50) is 4.93%.
Montage Technology Group (NASDAQ:MONT) was downgraded by investment analysts at Wells Fargo & Co. from an “outperform” rating to a “market perform” rating in a note issued to investors on Wednesday,TheFlyOnTheWall.com reports. Montage Technology Group Ltd (NASDAQ:MONT) shares advanced 9.56% in last trading session and ended the day on $21.67. Gross Margin is 63.70 % and its return on assets is 17.70%. Montage Technology Group Ltd (NASDAQ:MONT) quarterly performance is 2.33%.
Shares of casino operator Boyd Gaming Corporation (NYSE:BYD) climbed after a subsidiary won a property tax appeal versus Atlantic City, N.J., getting a refund of more than $88 million. Boyd Gaming is the parent company of Dubuque’s Diamond Jo Casino. Boyd said in a filing with the Securities and Exchange Commission that the settlement resolves part of the tax appeal complaints filed by subsidiary Marine District Development Co. in connection with assessments on certain properties for the 2011 through 2014 tax years. Boyd Gaming Corporation (NYSE:BYD) shares moved up 6.26% in last trading session and was closed at $11.89, while trading in range of $11.54 – $11.97. Boyd Gaming Corporation (NYSE:BYD) year to date (YTD) performance is 5.60 %.
Technology services company Rambus Inc. (NASDAQ:RMBS) has signed a patent license agreement with Qualcomm Global Trading, a Qualcomm Inc subsidiary. The agreement provides Qualcomm and its subsidiaries with access to innovative patented memory, interface, and security technologies from Rambus. Rambus Inc. (NASDAQ:RMBS) ended the last trading day at $13.00. Company weekly volatility is calculated as 2.95% and price to cash ratio as 3.67. Rambus Inc. (NASDAQ:RMBS) showed a positive weekly performance of 11.02%.
June 10, 2014 — Sify Technologies Limited (ADR) (NASDAQ:SIFY) a leader in Managed Enterprise, Network, IT and Software services in India with global delivery capabilities, announced its first ever dividend payout to all holders of Equity and American Depository Shares of the company. Further to the adoption of the financial statements for FY 2013-14 under India GAAP, the Board of Directors has recommended a dividend of 10% on the paid up capital of the equity shares and ADR holders for the year 2013-14. This is subject to the approval of the shareholders to be sought at the Annual General Meeting scheduled on July 28, 2014. Sify Technologies Limited (ADR) (NASDAQ:SIFY) net profit margin is 8.40% and weekly performance is 24.49%. On last trading day company shares ended up $2.39. Analysts mean target price for the company is $5.00. Sify Technologies Limited (ADR) (NASDAQ:SIFY) distance from 50-day simple moving average (SMA50) is 21.31%.