Brocade Communications Systems, Inc. (NASDAQ:BRCD) Chief Executive Officer Lloyd Carney and Chief Financial Officer Dan Fairfax will present at the 2014 Bank of America Merrill Lynch Global Technology Conference on Wednesday, June 4, 2014 at The Ritz-Carlton Hotel, San Francisco, from 10:45 a.m. to 11:25. PDT. Brocade Communications Systems, Inc. (NASDAQ:BRCD) net profit margin is 14.10% and weekly performance is 2.18%. On last trading day company shares ended up $8.91. Analysts mean target price for the company is $9.46. Brocade Communications Systems, Inc. (NASDAQ:BRCD) distance from 50-day simple moving average (SMA50) is -5.98%.
The leading tech company Neonode Inc. (NASDAQ:NEON) is known for offering latest, cost savvy and second to none products. Recently NEON announced the financial results for the quarter ending on March 31st, 2014. Sales and marketing expenses for the Q1 were $1.0 million, in comparison to $805,000 for the last year’s first quarter. Other than these expenses, company also spent $2.0 million on general and administrative expenses in the Q1 of the year 2014. In the first quarter of the previous year, Neonode Inc. (NASDAQ:NEON) spent $1.7 million on the general and administrative expenses. Neonode, Inc. (NASDAQ:NEON) shares advanced 5.35% in last trading session and ended the day on $3.94. NEON gross Margin is 56.80% and its return on assets is -124.70%. Neonode, Inc. (NASDAQ:NEON) quarterly performance is -45.28%.
On May 22, 2014, a prominent aircraft communications service provider to the international aviation industry, Gogo Inc (NASDAQ:GOGO), stated that it has received an STC from the FAA as well as certification from JCAB (Japanese Civil Aviation Bureau) in order to set up Gogo’s Ku-satellite based connectivity service on 767-300 aircraft of Japan Airlines.’ The aircraft is the third aircraft type in JAL’s fleet to get JCAB and FAA sanction for installation. Gogo Inc. (NASDAQ:GOGO) shares moved up 6.78% in last trading session and was closed at $17.49, while trading in range of $16.54 – $17.53. Gogo Inc. (NASDAQ:GOGO) year to date (YTD) performance is -29.53%.
TIBCO Software (NASDAQ:TIBX) was gaining 6.5% on Tuesday following reports that SAP (SAP) may be looking to take over the software company. Tibco Software Inc. (NASDAQ:TIBX) ended the last trading day at $21.33. Company weekly volatility is calculated as 2.92% and price to cash ratio as 4.57.Tibco Software Inc. (NASDAQ:TIBX) showed a positive weekly performance of 8.66%.
xG Technology, Inc. (NASDAQ:XGTI) has announced that it has been awarded an important cognitive radio patent. The patent, “Interference Mitigation Method for Single or MIMO Receiver Devices” (U.S.P.T.O.#13/667,006) covers an innovation that describes a way of providing enhanced protection from interference to devices in shared and crowded spectrum environments. An essential aspect of the innovation is that it can be built into an LTE-compliant system. XG Technology Inc. (NASDAQ:XGTI) weekly performance is 8.61%. On last trading day company shares ended up $1.64. Analysts mean target price for the company is $1.50. XG Technology Inc. (NASDAQ:XGTI) distance from 50-day simple moving average (SMA50) is -24.47%.