Tech New Highs: Corning Incorporated (NYSE:GLW), Brocade Communications Systems (NASDAQ:BRCD), TriQuint Semiconductor (NASDAQ:TQNT), Globalstar (OTCMKTS:GSAT)

Corning Incorporated (NYSE:GLW) and Atmel Corporation (NASDAQ:ATML) announced that they are collaborating to develop ultra-thin capacitive touchscreens for next-generation applications. This project would be a combination of Atmel’sXSense® flexible touch sensors being mated to 0.4mm damage-resistant Corning’s Gorilla® Glass with the aim of delivering better capacitive touch experience through thinner flat or curved cover glass. Corning Incorporated (NYSE:GLW) shares after opening at $20.99 moved to $21.47 on last trade day and at the end of the day closed at $21.36. Company price to sales ratio in past twelve months was calculated as 3.80 and price to cash ratio as 5.67. Corning Incorporated (NYSE:GLW) showed a positive weekly performance of 4.55%.

With the UK Government recently announcing delays to its planned digitisation of patient records(1), NHS organisations are facing increased scrutiny over how these systems are implemented. They remain under growing pressure to ensure that the network infrastructure which will underpin these applications is fit for purpose. To help prepare for the move to digital records, Doncaster and Bassetlaw Hospitals NHS Foundation Trust, one of the region’s largest healthcare organisations, has selected Brocade Communications Systems, Inc. (NASDAQ:BRCD) to deliver the advanced networking infrastructure required to support the organisation’s planned electronic patient records system. The new infrastructure will be based on Brocade® Ethernet fabrics and VCS® Fabric Technology, which are designed to guarantee higher levels of performance, automation, efficiency, availability, and operational simplicity.One of South Yorkshire’s largest NHS Trusts, Doncaster and Bassetlaw Hospitals NHS Foundation Trust consists of three hospitals across the region, as well as a number of smaller sites. The Trust employs more than 7,000 permanent employees and serves more than 420,000 people in South Yorkshire, North Nottinghamshire and the surrounding area. Brocade Communications Systems, Inc. (NASDAQ:BRCD) shares fell -0.46% in last trading session and ended the day on $10.79. BRCD return on equity ratio is recorded as 13.40% and its return on assets is 8.70%. Brocade Communications Systems, Inc. (NASDAQ:BRCD) yearly performance is 95.83%.

TriQuint Semiconductor (NASDAQ:TQNT)‘s stock had its “hold” rating reiterated by analysts at Bank of America in a research report issued to clients and investors on Monday, StockRatingsNetworkreports.TriQuint Semiconductor (NASDAQ:TQNT) shares moved up 1.35% in last trading session and was closed at $13.75, while trading in range of $13.41-$13.77.TriQuint Semiconductor (NASDAQ:TQNT) year to date performance is 64.87%.

For Globalstar, Inc. (OTCMKTS:GSAT) the results have been mixed on several fronts. The reported revenues were a tad higher over previous revenues- $21.0 million his quarter in comparison to just $19.1million for the fourth quarter of last year.Globalstar, Inc. (OTCMKTS:GSAT) has thus grown by nearly 10% over previous year. The cause of such growth has been two sectors- service revenue as well as subscriber equipment revenue.Globalstar, Inc. (OTCMKTS:GSAT) weekly performance is 9.34%. On last trading day company shares ended up $2.81. Globalstar, Inc. (OTCMKTS:GSAT) distance from 50-day simple moving average is 18.70%. Analysts mean target price for the company is $5.50.

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