Facebook Inc (NASDAQ:FB) confirmed its acquisition of Pryte, a mobile data plan startup founded by a team of internet and telecommunications veterans. Pryte allows users to purchase a single mobile data plan on a need-to or per mobile app basis, which could be attractive in emerging markets. Facebook Inc (NASDAQ:FB) net profit margin is 21.40 % and weekly performance is -0.96 %. On last trading day company shares ended up $62.87. Analysts mean target price for the company is $77.91. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 4.28%.
Intel Corporation (NASDAQ:INTC) launched its Core M CPUs which are scheduled to arrive in time for the holiday season. Intel Corporation (NASDAQ:INTC) shares advanced 1.47% in last trading session and ended the day on $27.66. Gross Margin is 60.60% and its return on assets is 10.50%. Intel Corporation (NASDAQ:INTC) quarterly performance is 13.36%.
Zynga Inc (NASDAQ:ZNGA)’s shares declined 1.03% to $3.36. The company’s Chief Executive Officer Don Mattrick will present at the Bank of America Merrill Lynch 2014 Global Technology Conference in San Francisco. The session is scheduled for June 4, 2014, at 2:05 p.m. Pacific Time. Zynga Inc (NASDAQ:ZNGA) shares moved down -2.36% in last trading session and was closed at $3.31 while trading in range of $3.30 – $3.41. Zynga Inc (NASDAQ:ZNGA) year to date (YTD) performance is -12.89%.
A leading solution provider in the IT and networking domain, Cisco Systems, Inc. (NASDAQ:CSCO) is facing the wrath of the Chinese government. The company having American origin is also wrapped up in the accusation of cyber spying. Cisco is trying to overcome the obstacles to gain stability in the Chinese market. Cisco Systems, Inc. (NASDAQ:CSCO) ended the last trading day at $24.67. Company weekly volatility is calculated as 1.26% and price to cash ratio as 2.50. Cisco Systems, Inc. (NASDAQ:CSCO) showed a negative weekly performance of -0.14%.
Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) reportedly plans to team up with Micron Technology to develop 3D ICs that will integrate Micron’s hybrid memory cube-based DRAM chips with TSMC’s logic chips through TSV technology, according to industry sources. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) net profit margin is 30.70% and weekly performance is 1.68%. On last trading day company shares ended up $21.24. Analysts mean target price for the company is $21.02. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) distance from 50-day simple moving average (SMA50) is 5.31%.
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