TE Connectivity Ltd. (NYSE:TEL) Wednesday said it has signed a definitive agreement to acquire the SEACON group, a provider of underwater connector technology and systems, for $490 million in cash. TE Connectivity Ltd (NYSE:TEL) shares after opening at $60.48 moved to $61.90 on last trade day and at the end of the day closed at $61.69. Company price to sales ratio in past twelve months was calculated as 1.88 and price to cash ratio as 18.13. TE Connectivity Ltd (NYSE:TEL) showed a positive weekly performance of 4.42%.
Amphenol Corporation (NYSE:APH) Net sales were $4,614.7 million for the year ended December 31, 2013 compared to $4,292.1 million for the year ended December 31, 2012. Amphenol Corporation (NYSE:APH) shares advanced 1.93% in last trading session and ended the day on $94.00. APH return on equity ratio is recorded as 24.00% and its return on assets is 11.30%. Amphenol Corporation (NYSE:APH) yearly performance is 29.30%.
One stock that might be an intriguing choice for investors right now is Orbotech Ltd. (NASDAQ:ORBK). This is because this security in the Electric Measuring Instrument industry is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. Orbotech Ltd. (NASDAQ:ORBK) shares moved down -0.39% in last trading session and was closed at $15.47, while trading in range of $15.42 – $15.88. Orbotech Ltd. (NASDAQ:ORBK) year to date (YTD) performance is 14.42%.
Intevac Inc. logo Zacks upgraded shares of Intevac (NASDAQ:IVAC) from an underperform rating to a neutral rating in a research note issued to investors on Tuesday, Stock Ratings News reports. Intevac, Inc. (NASDAQ:IVAC) weekly performance is 20.61%. On last trading day company shares ended up $9.95. Intevac, Inc. (NASDAQ:IVAC) distance from 50-day simple moving average (SMA50) is 23.97%. Analysts mean target price for the company is $8.75.