SunEdison, Inc. (NYSE: SUNE), a leading solar technology manufacturer and provider of solar energy services, announced that it has awarded a master services agreement to NEXTracker, Inc. for the purchase of up to 1.85 gigawatts (GW) of trackers for the company’s ground-mounted projects worldwide over the next three years, tied to an aggressive cost reduction roadmap. Sunedison Inc (NYSE:SUNE) net profit margin is -53.00% and weekly performance is -4.84%. On last trading day company shares ended up $19.28. Analysts mean target price for the company is $23.09. Sunedison Inc (NYSE:SUNE) distance from 50-day simple moving average is 2.39%.
Broadcom Corporation (NASDAQ:BRCM) had recently quit from its baseband market thus saving $700 million in a year to focus on its failing stock market. The global semiconductor giant has now acquired Ittiam Systems’ business unit that is based in Bangalore, India. This deal owes its conception to the failing Wi-Fi speeds that has let the company as a whole, down. Broadcom Corporation (NASDAQ:BRCM) shares advanced 0.68% in last trading session and ended the day on $38.26. BRCM Gross Margin is 50.50% and its return on assets is 3.50%. Broadcom Corporation (NASDAQ:BRCM) quarterly performance is 27.36%.
Analysts at Zacks upgraded shares of RF Micro Devices from a “neutral” rating to an “outperform” rating in a research note on Friday. RF Micro Devices, Inc. (NASDAQ:RFMD) shares moved down -1.02% in last trading session and was closed at $9.73, while trading in range of $9.73-$9.94. RF Micro Devices, Inc. (NASDAQ:RFMD) year to date performance is 88.57%.
Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM), which agreed to build computer chips forIntel Corp., filed a pre-emptive lawsuit to block patent licensor Zond LLC from claiming infringement on six U.S. patents for microchip-making. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) ended the last trading day at $21.44. Company weekly volatility is calculated as 1.08% and price to cash ratio as 13.00. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) showed a negative weekly performance of -0.42%.
Marvell Technology Group (NASDAQ:MRVL) was upgraded by stock analysts at Nomura from a “neutral” rating to a “buy” rating in a report issued on Wednesday. The firm currently has a $19.00 target price on the stock, up from their previous target price of $15.00. Marvell Technology Group Ltd. (NASDAQ:MRVL) net profit margin is 9.30% and weekly performance is -1.45%. On last trading day company shares ended up $14.94. Analysts mean target price for the company is $16.82. Marvell Technology Group Ltd. (NASDAQ:MRVL) distance from 50-day simple moving average is -3.85%.