Social gaming giant Zynga Inc. (NASDAQ:ZNGA) has been given forty-five days to change the composition of its board of directors after the departure of two high-profile board members, Linkedin founder Reid Hoffman and Dreamworks Animation CEO Jeffrey Katzenberg. The company will appoint two independent directors in the coming months to replace the pair. As a result of Hoffman and Katzenberg stepping down, Zynga is no longer in compliance with NASDAQ listing rule 5605, which requires that a company’s board of directors be comprised of a majority of independent directors. Zynga Inc. (NASDAQ:ZNGA) net profit margin is -13.20% and weekly performance is 2.67%. On last trading day company shares ended up $3.08. Analysts mean target price for the company is $4.57. Zynga Inc. (NASDAQ:ZNGA) distance from 50-day simple moving average (SMA50) is -16.73%.
Priceline Group Inc (NASDAQ:PCLN) declined on the Friday trading session as it acquired OpenTable Inc (NASDAQ:OPEN) for $2.6 billion. The problem is not with the acquisition, but the problem is clearly with the acquisition price. Priceline Group Inc. (NASDAQ:PCLN) shares advanced 1.11% in last trading session and ended the day on $1,202.48. PCLN gross Margin is 85.70% and its return on assets is 19.00%.Priceline Group Inc. (NASDAQ:PCLN) quarterly performance is -6.64%.
Yanzhou Coal Mining Co (NYSE:YZC) was upgraded by equities researchers at Deutsche Bank from a “sell” rating to a “hold” rating in a research report issued on Friday, TheFlyOnTheWall.com reports. Yanzhou Coal Mining Co Ltd (ADR) (NYSE:YZC) shares moved down -0.87% in last trading session and was closed at $8.01, while trading in range of $7.98 – $8.04. Yanzhou Coal Mining Co Ltd (ADR) (NYSE:YZC) year to date (YTD) performance is -12.84%.
Walter Energy Inc. (NYSE:WLT)’s stock price target was lowered to $3 from $5 at Goldman on June 6 and reiterates its Sell rating citing downside risk to its met coal price forecast. Walter Energy, Inc. (NYSE:WLT) ended the last trading day at $4.99. Company weekly volatility is calculated as 6.00% and price to cash ratio as 0.81.Walter Energy, Inc. (NYSE:WLT) showed a positive weekly performance of 8.01%.
ON Semiconductor Corp (NASDAQ:ONNN) SVP Robert A. Klosterboer sold 30,000 shares of ON Semiconductor Corp stock in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of $9.10, for a total value of $273,000.00. Following the transaction, the senior vice president now directly owns 239,540 shares of the company’s stock, valued at approximately $2,179,814. ON Semiconductor Corp (NASDAQ:ONNN) net profit margin is 6.60%. On last trading day company shares ended up $8.98. Analysts mean target price for the company is $11.05. ON Semiconductor Corp (NASDAQ:ONNN) distance from 50-day simple moving average (SMA50) is -1.33%.