Towerstream Corporation (NASDAQ:TWER), a leading 4G and Small Cell Rooftop Tower company, announced that its Chief Financial Officer, Joseph Hernon will present at the following conferences in May 2014. 15th Annual B. Riley & Co. Investor Conference, Monday, May 19, 2014. Third Annual Marcum MicroCap Conference, Thursday, May 29, 2014. Towerstream Corporation (NASDAQ:TWER), net profit margin is -73.40% and weekly performance is -15.93%. On last trading day company shares ended up $1.53. Analysts mean target price for the company is $5.00. Towerstream Corporation (NASDAQ:TWER), distance from 50-day simple moving average (SMA50) is -31.89%.
On May 06, 2014, Oi SA (ADR) (NYSE:OIBR) notified that the stabilizing agent for the public offering, Banco BTG Pactual S.A. partially exercised its option on May 5, 2014 to place an additional 120.26 million common shares and 240.53 million preferred shares issued by the company. Oi SA (ADR) (NYSE:OIBR), fell 2.18% in last trading session and ended the day on $0.949. Oi SA (ADR) (NYSE:OIBR), quarterly performance is -44.83%.
On May 09, 2014, Telecom Italia has confirmed that it will continue its action against the EUR 104 million fine that the operator has been ordered to pay by the Regional Administrative Court of Lazio, the main Italian administrative court of first instance. Telecom Italia SpA (ADR) (NYSE:TI), shares moved down 1.23% in last trading session and was closed at $12.85, while trading in range of $ 12.71 – 12.86. Telecom Italia SpA (ADR) (NYSE:TI), year to date (YTD) performance is 29.02%.
Shares of WPCS International Incorporated (NASDAQ:WPCS) got mauled -36.11% after the company announced that it received a letter from the Staff of the Listing Qualifications Department of The NASDAQ Stock Market LLC indicating that unless the Company timely requests a hearing before the NASDAQ Listing Qualifications Panel, the Company’s common stock would be subject to delisting from The NASDAQ Capital Market due to the Company’s non-compliance with the requirement to solicit proxies and hold an annual meeting of stockholders, as set forth in NASDAQ Listing Rules 5620(a) and 5620(b). WPCS International Incorporated (NASDAQ:WPCS), ended the last trading day at $0.505. Company weekly volatility is calculated as 24.41% and price to cash ratio as 4.67. WPCS International Incorporated (NASDAQ:WPCS), showed a negative weekly performance of 51.90%.
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