Top News: Plug Power Inc (NASDAQ:PLUG), Corning Incorporated (NYSE:GLW), Planar Systems, Inc.(NASDAQ:PLNR), RF Industries, Ltd. (NASDAQ:RFIL), Vicor Corp (NASDAQ:VICR)

Posted by on Jun 13, 2014

Cowen and Company upgraded shares of Plug Power (NASDAQ:PLUG) from a market perform rating to an outperform rating in a research note released on Thursday morning, TheFlyOnTheWall.com reports. They currently have $6.00 target price on the stock, down from their previous target price of $7.50. Plug Power Inc (NASDAQ:PLUG) weekly performance is -7.43%. On last trading day company shares ended up $4.11. Analysts mean target price for the company is $4.88. Plug Power Inc (NASDAQ:PLUG) distance from 50-day simple moving average (SMA50) is -21.37%.

On June 3, 2014, Corning Incorporated (NYSE:GLW) and Tianma Micro-Electronics Group announced that Tianma`s low-temperature polysilicon (LTPS) panels featuring Corning Lotus(TM) XT Glass are now in mass production. Corning Incorporated (NYSE:GLW) net profit margin is 21.10% and weekly performance is -2.69%. On last trading day company shares ended up $21.00. Analysts mean target price for the company is $22.00. Corning Incorporated (NYSE:GLW) distance from 50-day simple moving average (SMA50) is -0.15%.

Planar Systems, Inc. (NASDAQ:PLNR) shares fell -3.57% in last trading session and ended the day on $2.16. PLNR Gross Margin is 22.10% and its return on assets is -5.70%. Planar Systems, Inc.(NASDAQ:PLNR) quarterly performance is -2.26%.

RF Industries, Ltd. (NASDAQ:RFIL) announced results for the second fiscal quarter and six months ended April 30, 2014. RF Industries reported net sales of $5.8 million in the second quarter of fiscal 2014, a decrease of 35% compared to net sales of $8.8 million in the second quarter of fiscal 2013. The Company saw a significant decrease in revenues from its Cables Unlimited subsidiary, where second quarter sales decreased by 61% to $1.7 million. Gross profit was $2.8 million in the second quarter of 2014 with gross margin of 48% as compared to gross profit of $4.0 million with gross margin of 45% in the second quarter of 2013. The Company reported operating income of $0.8 million in the second quarter of fiscal 2014 as compared to operating income of $1.8 million in the comparable prior year period. Income from continuing operations was $0.5 million or $0.06 per basic and $0.05 per diluted share in the second quarter of fiscal 2014 as compared to $1.3 million or $0.17 per basic and $0.15 per diluted share in the second quarter of 2013. RF Industries, Ltd. (NASDAQ:RFIL) shares moved up 5.73% in last trading session and was closed at $5.90, while trading in range of $5.21 – $5.92. RF Industries, Ltd. (NASDAQ:RFIL) year to date (YTD) performance is -35.09%.

On May 20, 2014, Vicor Corp (NASDAQ:VICR) introduced a new series of DC-DC bricks with the announcement of its “HD Brick Series” of converters. Vicor’s new isolated HD Bricks retain the fundamental design attributes of conventional bricks, while providing up to 51% greater power density than competing brick products, with efficiency levels up to 94%. Vicor Corp (NASDAQ:VICR) ended the last trading day at $7.78. Company weekly volatility is calculated as 6.02% and price to cash ratio as 5.89. Vicor Corp (NASDAQ:VICR) showed a positive weekly performance of 6.87%.

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