Garmin Ltd. (NASDAQ:GRMN) is changing directions. The maker of personal navigation devices, which have fallen out of favor with customers, said that activity trackers and video cameras used for action sports will help drive its future growth. The Swiss company reported fourth-quarter results Wednesday that beat Wall Street expectations, and its shares jumped to a five-year high. Its board also plans to propose an annual dividend of $1.92 for the new year, up from $1.80 this year. Shareholders will vote in June. Garmin Ltd. (NASDAQ:GRMN) stock opened at $52.34 in last trading session, and closed at $51.68, trading in the range of $49.46 – $52.72. The stock showed a positive weekly performance of 14.18%.
American Superconductor Corporation (NASDAQ:AMSC) a Devens company, that makes software used to manage energy grids, said that China’s Supreme People’s Court has ruled in its favor on jurisdictional matters in its ongoing lawsuits that allege copyright infringement by a former Chinese customer that makes wind turbines. The Chinese company, once AMSC’s largest customer, is Sinovel Wind Group Ltd. American Superconductor Corporation (NASDAQ:AMSC) shares closed at $2.07 on last trade day, by gaining 14.36%. Stock 52 week range is $1.37 – $3.29. Company’s market capitalization is $141.05 million.
Ultra Clean Holdings Inc (NASDAQ:UCTT) shares reached a new 52-week high on Wednesday following a better than expected earnings announcement, AR Network reports. The company traded as high as $13.88 and last traded at $13.31, with a volume of 3,003,613 shares. The stock had previously closed at $11.94. Ultra Clean Holdings Inc (NASDAQ:UCTT) stock advanced 10.47% and finished the last session at $13.19. The EPS of the stock remained 0.10. Company’s market capitalization is $377.02 million.
Tata Communications Limited (ADR) (OTCMKTS:TTCMY) is a provider of wholesale international voice services and operates a submarine cable network in the world. Tata Communications leverages its solutions capabilities across its global and pan-India network to deliver managed solutions to multi-national enterprises, service providers and Indian consumers. Tata Communications Limited (ADR) (OTCMKTS:TTCMY) stock closed at $4.50 in last trading session. The 52 week range of the stock is $4.30 – $9.86.