Cubic Corporation (NYSE:CUB) announced that it was selected as the primary subcontractor for the Northrop Grumman team to support the NAVSUP Fleet Logistics Center Norfolk (FLCN) Detachment Philadelphia. Northrop Grumman Technical Services, Herndon, Va. was awarded a cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract (N00189-14-D-Z012) to support the Joint Staff J7 Joint Force Development Program on May 1, 2014. Cubic Corporation (NYSE:CUB) net profit margin is 5.10% and weekly performance is -7.58%. On last trading day company shares ended up $45.58. Analysts mean target price for the company is $52.67. Cubic Corporation (NYSE:CUB) distance from 50-day simple moving average (SMA50) is -5.17%.
AVG Technologies N.V. (NYSE:AVG) announced that it has held its annual general meeting of shareholders on Wednesday, June 11, 2014 where Ronan Dunne has been appointed as an independent supervisory director of AVG’s supervisory board for a period of four (4) years ending immediately following the AGM 2018. AVG Technologies NV (NYSE:AVG) shares fell -0.53% in last trading session and ended the day on $20.60. Gross Margin is 82.70% and its return on assets is 17.80%. AVG Technologies NV (NYSE:AVG) quarterly performance is -1.25%.
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of TW Telecom Inc (NASDAQ:TWTC) (TWTC) for potential breaches of fiduciary duties in connection with the sale of the Company to Level 3 Communications, Inc. (“Level 3”) in a cash and stock deal valued at approximately $5.6 billion TW Telecom Inc (NASDAQ:TWTC) shares moved up 1.46% in last trading session and was closed at $39.56, while trading in range of $39.10 – $39.85. TW Telecom Inc (NASDAQ:TWTC) year to date (YTD) performance is 29.83%.
On June 16, Straight Path Communications Inc. (NYSEMKT:STRP) announced operating results for its third quarter of fiscal 2014 ended April 30, 2014. Total revenues were $913,000, compared to $454,000 for fiscal Q2, and $127,000 in fiscal Q1 2014; Total costs and expenses were $1.1 million, compared to $1.3 million for fiscal Q2, and $597,000 in fiscal Q1 2014. Net gain attributable to STRP was $161,000, including $332,000 of other income. Straight Path Communications Inc (NYSEMKT:STRP) ended the last trading day at $9.98. Company weekly volatility is calculated as 7.84% and price to cash ratio as 8.24. Straight Path Communications Inc (NYSEMKT:STRP) showed a negative weekly performance of -1.09%.
Cisco Systems, Inc. (NASDAQ:CSCO) announced its intent to acquire privately held Tail-f Systems, a leader in multi-vendor network service orchestration solutions for traditional and virtualized networks. Cisco Systems, Inc. (NASDAQ:CSCO) net profit margin is 16.70% and weekly performance is -2.00%. On last trading day company shares ended up $24.50. Analysts mean target price for the company is $25.43. Cisco Systems, Inc. (NASDAQ:CSCO) distance from 50-day simple moving average (SMA50) is 3.32%.
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