Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) presented their 1Q2014 result on April 17, 2014 and started this year with a bang. The Taiwan based semiconductor company, which produces and markets exclusive IC as well as semiconductor products, proudly announced the spectacular news through a conference call. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) shares after opening at $20.07 moved to $20.15 on last trade day and at the end of the day closed at $19.91. Company price to sales ratio in past twelve months was calculated as 5.13 and price to cash ratio as 12.42. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) showed a positive/negative weekly performance of -3.91%.
Brean Capital hoisted their price objective on shares of Xerox Corp (NYSE:XRX) from $13.00 to $15.00 in a research note issued on Wednesday, Stock Ratings Network.com reports. The firm currently has a “buy” rating on the stock. Brean Capital’s price objective indicates a potential upside of 27.77% from the stock’s previous close. Xerox Corp (NYSE:XRX) shares fell -2.09% in last trading session and ended the day on $11.74. Xerox Corp (NYSE:XRX) return on equity ratio is recorded as 9.50% and its return on assets is 3.90%. Xerox Corp (NYSE:XRX) yearly performance is 41.11%.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) reported that its follow-on public offering, of 25 million American Depositary Shares (ADSs), will be priced at $3.50 per ADS. Underwriters will have a 30-day option to purchase up to 3.75 million ADSs, in the event that there are over-allotments that need to be covered. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) shares moved down -12.80% in last trading session and was closed at $3.68 while trading in range of $3.53 – $3.73 year to date (YTD) performance is -27.13%.
EMC Corporation (NYSE:EMC) released its earnings data on Wednesday. The company reported $0.35 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.35, AR Network reports. The company had revenue of $5.48 billion for the quarter, compared to the consensus estimate of $5.43 billion. During the same quarter in the previous year, the company posted $0.39 earnings per share. EMC Corporation (NYSE:EMC) weekly performance is -4.32%. On last trading day company shares ended up $25.47. EMC Corporation (NYSE:EMC) distance from 50-day simple moving average (SMA50) is -4.74%. Analysts mean target price for the company is $29.55.
Leave a Reply