On 30 MAY Tyco International Ltd. (NYSE:TYC) entered into a Merger Agreement with Tyco International plc, a newly-formed Irish public limited company and subsidiary of Tyco (“Tyco Ireland”). Under the Merger Agreement, and subject to the conditions set forth in the Merger Agreement, Tyco will merge with and into Tyco Ireland, with Tyco Ireland being the surviving company (the “Merger”). Tyco International Ltd. (NYSE:TYC) net profit margin is 7.50% and weekly performance is 3.19%. On last trading day company shares ended up $46.00. Analysts mean target price for the company is $45.47. Tyco International Ltd. (NYSE:TYC) distance from 50-day simple moving average (SMA50) is 8.35%.
On 16 JUNE Rentech, Inc. (NASDAQ:RTK) announced a new long-term processing agreement between its subsidiaries, Fulghum Fibres Chile (Fulghum), Forestal Pacifico and Forestal Los Andes, and Astillas Exportaciones Limitada (Astex Ltda.), the Chilean subsidiary of Japan’s Mitsubishi Corporation. Rentech, Inc. (NASDAQ:RTK) shares advanced 2.11% in last trading session and ended the day on $2.42. RTK Gross Margin is 19.70% and its return on assets is 2.60%. Rentech, Inc. (NASDAQ:RTK) quarterly performance is 29.41%.
On 16 JUNE SanDisk Corporation (NASDAQ:SNDK) said it agreed to buy Fusion-IO, Inc. (NYSE:FIO) for about $1.1 billion. SanDisk Corporation (NASDAQ:SNDK) shares moved up 1.22% in last trading session and was closed at $103.24, while trading in range of $101.81 – $103.95. SanDisk Corporation (NASDAQ:SNDK) year to date (YTD) performance is 47.23%.
On 9 JUNE Activision Blizzard, Inc. (NASDAQ:ATVI) announced the public offering of its 41 million shares owned by Vivendi. The sale was as per the prior repurchase agreement announced during July 2013 and expected to close the deal by May 28, 2014. Activision Blizzard, Inc. (NASDAQ:ATVI) ended the last trading day at $21.81. Company weekly volatility is calculated as 1.45% and price to cash ratio as 3.64. Activision Blizzard, Inc. (NASDAQ:ATVI) showed a positive weekly performance of 1.68%.
SunPower Corporation (NASDAQ:SPWR) and Admirals Bank declared a strategic relationship to provide a $200 million loan program for SunPower residential solar projects over the next two years. SunPower Corporation (NASDAQ:SPWR) net profit margin is 8.40% and weekly performance is 19.72%. On last trading day company shares ended up $40.22. Analysts mean target price for the company is $37.32. SunPower Corporation (NASDAQ:SPWR) distance from 50-day simple moving average (SMA50) is 25.39%.