On april 10, 2014, Wi-LAN Inc. (TSE:WIN), announced that a subsidiary has acquired a patent portfolio that relates to automotive diagnostic technology. Although the terms of the agreement are confidential, WiLAN can confirm that it does not consider the purchase amount to be material relative to its current cash position. Wi-LAN Inc. (TSE:WIN), shares after opening at $3.27 moved to $3.28 on last trade day and at the end of the day closed at $3.21. Company price to sales ratio in past twelve months was calculated as 0.87 and price to cash ratio as 108.28. Wi-LAN Inc. (TSE:WIN), showed a positive weekly performance of 1.41%.
Shares of MGIC Investment Corp. (NYSE:MTG) saw a large decline in short interest during the month of January. As of March 14th, there was short interest totalling 38,412,526 shares, a decline of 11.0% from the February 28th total of 43,148,865 shares, ARN reports. Currently, 11.6% of the shares of the stock are short sold. Based on an average daily volume of 5,581,121 shares, the days-to-cover ratio is currently 6.9 days. MGIC Investment Corp. (NYSE:MTG), shares fell 2.49% in last trading session and ended the day on $7.83. MGIC Investment Corp. (NYSE:MTG), return on equity ratio is recorded as -8.40% and its return on assets is -0.80%. MGIC Investment Corp. (NYSE:MTG), yearly performance is 55.05%.
The fast-food restaurant chain released a new mobile app which allows convenient payment for customers ordering on the go. The Wendy’s Co (NASDAQ:WEN) stated that the app is available on Android and iOS devices. The Wendy’s Co (NASDAQ:WEN), shares moved down 1.65% in last trading session and was closed at $8.37, while trading in range of $ 8.34 – 8.60. The Wendy’s Co (NASDAQ:WEN), year to date (YTD) performance is -3.57%.
Huntington Bancshares Incorporated (NASDAQ:HBAN) signed an agreement with Bank of America to acquire 11 branches and deposits. It expects to complete the transaction by 2Q2014 under regulatory approvals. The Bank aims to strengthen its statewide network and expand with the addition of branches. Huntington Bancshares Incorporated (NASDAQ:HBAN), weekly performance is -5.16%. On last trading day company shares ended up $9.37. Huntington Bancshares Incorporated (NASDAQ:HBAN), distance from 50-day simple moving average (SMA50) is -1.28%. Analysts mean target Price for the company is $10.33.