Reportedly, Facebook Inc (NASDAQ:FB), is working on the development of its new video-chat app known as Slingshot. However, the launch date of this new app is not yet known and the possibility of it never turning into a reality cannot be ignored completely either. Facebook Inc (NASDAQ:FB), net profit margin is 21.40% and weekly performance is -2.12%. On last trading day company shares ended up $58.56. Analysts mean target price for the company is $77.76. Facebook Inc (NASDAQ:FB), distance from 50-day simple moving average (SMA50) is -4.91%.
On May 14, 2014, ANADIGICS, Inc. (NASDAQ:ANAD),a world leader in radio frequency (RF) solutions, announced that the Company’s AWL9281 front-end integrated circuit (FEIC) is enabling WiFi connectivity in the new Ascend P7 by Huawei. ANADIGICS, Inc. (NASDAQ:ANAD), fell 6.09% in last trading session and ended the day on $1.08. ANAD, Gross Margin is 8.60% and its return on assets is -45.30%. ANADIGICS, Inc. (NASDAQ:ANAD),quarterly performance is -44.33%.
Harwood Feffer LLP is investigating potential claims against the board of directors of Aeroflex Holding Corp. (NYSE:ARX), concerning the proposed acquisition of the Company by Cobham PLC (“Cobham”). Aeroflex Holding Corp. (NYSE:ARX), shares moved up 25.39% in last trading session and was closed at $10.42, while trading in range of $10.41 – 10.47. Aeroflex Holding Corp. (NYSE:ARX), year to date (YTD) performance is 60.31%.
Lake Street Capital began coverage on shares of Sequans Communications SA ADR (NYSE:SQNS), in a research note issued to investors on Thursday, TheFlyOnTheWall.com reports. The firm issued a buy rating and a $2.50 price target on the stock. Sequans Communications SA ADR (NYSE:SQNS), ended the last trading day at $1.85. Company weekly volatility is calculated as 5.53% and price to cash ratio as 7.29. Sequans Communications SA ADR (NYSE:SQNS), showed a positive weekly performance of 10.12%.
On May 16, 2014, Outsourced semiconductor packaging provider Amkor Technology, Inc. (NASDAQ:AMKR), faces yet another patent challenge against Tessera Technologies, Inc. (NASDAQ:TSRA). The company faces accusation of failure to pay patent royalties to Tessera and the arbitration hearing of the claim has been set for next month. Amkor Technology, Inc. (NASDAQ:AMKR), net profit margin is 4.40% and weekly performance is 1.96%. On last trading day company shares ended up $9.35. Analysts mean target price for the company is $8.13. Amkor Technology, Inc. (NASDAQ:AMKR), distance from 50-day simple moving average (SMA50) is 26.65%.
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