Shares of Sunedison Inc (NYSE:SUNE) increased after the company declared that its “yield co” unit TerraForm Power Inc. is planning to raise $50.0 million from an Initial Public Offering (IPO). However, the details of shares and pricing remain undisclosed. Sunedison Inc (NYSE:SUNE) net profit margin is -29.60% and weekly performance is 3.47%. On last trading day company shares ended up $19.69. Analysts mean target price for the company is $22.91. Sunedison Inc (NYSE:SUNE) distance from 50-day simple moving average (SMA50) is 4.80%.
RF Micro Devices (NASDAQ:RFMD) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 20,780,220 shares, a growth of 27.1% from the April 30th total of 16,347,176 shares, Stock Ratings Network reports. Approximately 7.4% of the company’s shares are short sold. Based on an average daily trading volume, of 10,071,110 shares, the short-interest ratio is presently 2.1 days. RF Micro Devices, Inc. (NASDAQ:RFMD) shares fell -0.42% in last trading session and ended the day on $9.41. RFMD Gross Margin is 35.30% and its return on assets is 1.40%. RF Micro Devices, Inc. (NASDAQ:RFMD) quarterly performance is 32.91%.
Hittite and Xilinx, Inc. (NASDAQ:XLNX) demo complete radio solutions. In booth #1841 at the IEEE MTT-S International Microwave Symposium (IMS 2014) in Tampa, FL, USA (3-5 June), Hittite Microwave Corp of Chelmsford, MA, USA (which designs and supplies analog, digital and mixed-signal RF, microwave and millimeter-wave ICs, modules and subsystems as well as instrumentation) and Xilinx Inc of San Jose, CA, USA, which provides all-programmable field-programmable gate arrays (FPGAs), systems-on-chip (SoCs) and 3D ICs, are giving demonstrations of complete radio solutions for 60GHz millimeter-wave small-cell backhaul and 1024QAM microwave radio cellular backhaul. Xilinx, Inc. (NASDAQ:XLNX) shares moved up 0.21% in last trading session and was closed at $46.96, while trading in range of $46.61 – $47.13. Xilinx, Inc. (NASDAQ:XLNX) year to date (YTD) performance is 2.82%.
On May 29, Once the proposed merger between Hillsboro’s TriQuint Semiconductor (NASDAQ:TQNT) and North Carolina’s RF Micro Devices is complete, at least three of TriQuint’s executives will retain their roles with the new company, according to documents filed with the Securities and Exchange Commission. TriQuint Semiconductor (NASDAQ:TQNT) ended the last trading day at $15.56. Company weekly volatility is calculated as 2.62% and price to cash ratio as 16.31. TriQuint Semiconductor (NASDAQ:TQNT) showed a positive weekly performance of 1.43%.
On May 27, Amkor Technology, Inc. (NASDAQ:AMKR) and Carsem (M) Sdn Bhd jointly announced the settlement of the litigation initiated by Amkor against Carsem alleging infringement of Amkor’s MicroLeadFrame® (MLF) patents. Amkor Technology, Inc. (NASDAQ:AMKR) shares moved down -0.10% in last trading session and was closed at $10.11, while trading in range of $10.01 – $10.20. Xilinx, Inc. (NASDAQ:XLNX) year to date (YTD) performance is 64.93%.