Magnachip Semiconductor Corp (NYSE:MX)‘s stock had its “buy” rating restated by analysts at Topeka Capital Markets in a research report issued to clients and investors on Wednesday. Magnachip Semiconductor Corp (NYSE:MX) net profit margin is 19.70% and weekly performance is -1.27%. On last trading day company shares ended up $12.42. Analysts mean target price for the company is $15.80. Magnachip Semiconductor Corp (NYSE:MX) distance from 50-day simple moving average (SMA50) is -10.08%.
On May 7, 2014, the Board of Directors approved the design and financial performance category for Imation Corp. (NYSE:IMN) 2014 Long-Term Incentive Plan. The payout of performance awards for executive officers will be derived through achievement of a level of liquidity for the years ending in 2014, 2015 and 2016 set by the Board of Directors and the payment, if any, will be 25% restricted stock and 75% cash. Imation Corp. (NYSE:IMN) shares fell -3.11% in last trading session and ended the day on $3.43. IMN gross Margin is 22.10% and its return on assets is -6.40%.Imation Corp. (NYSE:IMN) quarterly performance is -46.41%.
DRDGOLD Ltd. (ADR) (NYSE:DRD) recovering gold by treating millions of tons a month of surface dump material is “technology driven”, says CEO Niel Pretorius. DRDGOLD Ltd. (ADR) (NYSE:DRD) shares moved down -4.23% in last trading session and was closed at $2.49, while trading in range of $2.41 – $2.60. DRDGOLD Ltd. (ADR) (NYSE:DRD) year to date (YTD) performance is -32.52%.
WSP Holdings Limited (NYSE:WH) announced that it has agreed jointly with Wuxi Heavy Industries, Ltd. (“Parent”), WHI Acquisitions, Ltd. (“Merger Sub”) and General Transactions, Inc. to terminate the previously announced merger agreement in view that the going private transaction would not be completed by May 31, 2014, the termination date of the merger agreement. The parties have released each other from all liabilities and obligations with respect to the proposed transaction, and no termination fees will be payable by either party. WSP Holdings Limited (ADR) (NYSE:WH) ended the last trading day at $1.39. Company weekly volatility is calculated as 17.07%. WSP Holdings Limited (ADR) (NYSE:WH) showed a negative weekly performance of -35.05%.
RingCentral, Inc. (NYSE:RNG), a leading provider of cloud business communications solutions, announced that the company will be presenting at the 2014 BAML Global Technology Conference in San Francisco, CA on Wednesday, June 4, 2014 at 12:15 p.m. EDT or 9:15 a.m. PDT. RingCentral Inc. (NYSE:RNG) net profit margin is -34.10% and weekly performance is -0.33%. On last trading day company shares ended up $12.17. Analysts mean target price for the company is $21.80. RingCentral Inc. (NYSE:RNG) distance from 50-day simple moving average (SMA50) is -23.28%.
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