Cantor Fitzgerald started coverage on shares of Oracle (NASDAQ:ORCL) in a research note released on Thursday morning, TheFlyOnTheWall.com reports. The firm issued a buy rating and a $50.00 target price on the stock. Oracle Corporation (NYSE:ORCL) shares after opening at $39.52 moved to $39.86 on last trade day and at the end of the day closed at $39.57. Company price to sales ratio in past twelve months was calculated as 4.69 and price to cash ratio as 4.81. Oracle Corporation (NYSE:ORCL) showed a positive weekly performance of 5.52%.
InvenSense, Inc. (NYSE:INVN) and Sonion announced a strategic alliance in which the two parties will cooperate in the development of MEMS microphones and related technologies for use in a broad range of hearing applications. InvenSense will bring its extensive MEMS knowledge, MEMS microphone portfolio and R&D resources to the partnership. InvenSense Inc. (NYSE:INVN) shares advanced 0.67% in last trading session and ended the day on $22.70. INVN return on equity ratio is recorded as 9.00% and its return on assets is 7.20%. InvenSense Inc. (NYSE:INVN) yearly performance is 112.55%.
Amkor Technology, Inc. (NASDAQ:AMKR), a leading provider of semiconductor packaging and test services, on 10 February announced financial results for the fourth quarter ended December 31, 2013, with net sales of $755 million, net income of $41 million and earnings per diluted share of $0.18. For the full year 2013, Amkor reported net sales of $2.96 billion, net income of $109 million and earnings per diluted share of $0.50. Amkor Technology, Inc. (NASDAQ:AMKR) shares moved up 1.84% in last trading session and was closed at $6.64, while trading in range of $6.56 – $6.73. Amkor Technology, Inc. (NASDAQ:AMKR) year to date (YTD) performance is 8.32%.
Advanced Semiconductor Engineering, Inc. (NYSE:ASX), on March 7 announces its unaudited consolidated net revenues for February 2014. Advanced Semiconductor Engineering (ADR) (NYSE:ASX) weekly performance is 6.05%. On last trading day company shares ended up $5.43. Advanced Semiconductor Engineering (ADR) (NYSE:ASX) distance from 50-day simple moving average (SMA50) is 10.19%. Analysts mean target price for the company is $6.26.
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