Tech New Highs: LG Display (NYSE:LPL), Sunedison Inc (NYSE:SUNE), Taiwan Semiconductor Mfg. (NYSE:TSM), GT Advanced Technologies Inc (NASDAQ:GTAT), Baidu Inc (ADR) (NASDAQ:BIDU)

Posted by on Jul 03, 2014

On 26 JUNE LG Display Co Ltd. (ADR) (NYSE:LPL) reported ($0.10) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.04) by $0.06. Analysts expect that LG Display Co Ltd. will post $1.12 EPS for the current fiscal year. LG Display Co Ltd. (ADR) (NYSE:LPL) net profit margin is 1.30% and weekly performance is 4.59%. On last trading day company shares ended up $15.96. Analysts mean target price for the company is $15.58. LG Display Co Ltd. (ADR) (NYSE:LPL) distance from 50-day simple moving average (SMA50) is 13.93%.

On 1 JULY Sunedison Inc (NYSE:SUNE) announced the closing of a US$ 155 million non-recourse debt financing arrangement with the Overseas Private Investment Corporation (OPIC), the Inter-American Development Bank (IDB), and CorpBanca, a prominent Chilean commercial bank, who also provided a local Chilean Peso VAT facility equivalent to US $35 million. Sunedison Inc (NYSE:SUNE) shares fell -0.99% in last trading session and ended the day on $22.89. SUNE Gross Margin is 6.80% and its return on assets is -18.60%. Sunedison Inc (NYSE:SUNE) quarterly performance is 15.37%.

On 1 JULY Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) reported $0.31 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.30 by $0.01. The company had revenue of $148.22 billion for the quarter, compared to the consensus estimate of $147.78 billion. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) shares moved up 1.87% in last trading session and was closed at $22.38, while trading in range of $22.25 – $22.63. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) year to date (YTD) performance is 28.33%.

On 1 JULY GT Advanced Technologies Inc (NASDAQ:GTAT) announced a realignment of manufacturing, engineering and supply chain resources, which includes the elimination of approximately 70 positions. GT Advanced Technologies Inc (NASDAQ:GTAT) ended the last trading day at $19.77. Company weekly volatility is calculated as 4.46% and price to cash ratio as 6.67. GT Advanced Technologies Inc (NASDAQ:GTAT) showed a positive weekly performance of 9.47%.

On 5 JUNE Baidu Inc (ADR) (NASDAQ:BIDU) announced the pricing of its public offering of US$1.0 billion aggregate principal amount of 2.750% notes due 2019. The notes have been registered under the U.S. Securities Act of 1933, as amended, and are expected to be listed on the Singapore Exchange Securities Trading Limited. Baidu Inc (ADR) (NASDAQ:BIDU) net profit margin is 30.90% and weekly performance is 2.98%. On last trading day company shares ended up $189.96. Analysts mean target price for the company is $1288.55. Baidu Inc (ADR) (NASDAQ:BIDU) distance from 50-day simple moving average (SMA50) is 13.89%.

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