Avago Technologies Ltd. (NASDAQ:AVGO) entered into a merger agreement with LSI Corp., which became a wholly owned subsidiary of Avago Technologies Ltd. (NASDAQ:AVGO) USA effective last month. Avago Technologies Ltd. (NASDAQ:AVGO)’s acquisition of LSI gives it exposure to enterprise storage and connects it with other Silicon Valley firms. Avago Technologies Ltd (NASDAQ:AVGO) stock performance was 4.81% in last session and finished the day at $67.34. Traded volume was 12.78million shares in the last session and the average volume of the stock remained 2.14million shares. The beta of the stock remained 0.94. Avago Technologies Ltd (NASDAQ:AVGO) insider ownership is 0.30%.
Little wonder that EOG Resources Inc (NYSE:EOG), which generated $2.27B from its operations and spent $1.9B in Q1, its fourth straight cash flow-positive quarter – has one of the highest credit ratings (A-) of any oil and gas driller. EOG Resources Inc (NYSE:EOG) rose 4.41 percent to $103.63 Tuesday on volume of 8.52million shares. The intra-day range of the stock was $101.84 to $106.50. EOG Resources Inc (NYSE:EOG) has a market capitalization of $56.61billion.
Alcatel Lucent SA (ADR) (NYSE:ALU) said that it has completed an upgrade of the Apollo undersea cable system which links the UK and France to the United States. This multiple 100 gigabit per second (Gbit/s) upgrade enhances the system’s capacity in support of the continued global explosion of data traffic and increased demand for capacity-hungry applications such as cloud computing and on-demand video services. Alcatel Lucent SA (ADR) (NYSE:ALU)’s stock on May 6, 2014 reported a increase of 2.31% to the closing price of $3.98. Its fifty two weeks range is $1.31 -$4.68. The total market capitalization recorded $10.97billion. The overall volume in the last trading session was 11.51million shares. In its share capital, ALU has 2.85billion outstanding shares.
Twitter Inc (NYSE:TWTR) and Amazon revealed a new initiative that will theoretically make it easier for someone to shop on Amazon’s digital storefront through Twitter Inc (NYSE:TWTR), all thanks to the hashtag #AmazonCart. The tagline, “Add it now. But it Later” perfectly encapsulates the plan from Amazon and Twitter, as it provides a means for consumers to add an item they see on Twitter Inc (NYSE:TWTR) to their Amazon cart or basket, without ever leaving Twitter Inc (NYSE:TWTR) or opening the Amazon website. On Tuesday, shares of Twitter Inc (NYSE:TWTR) dropped -17.81% to close the day at $31.85. Company return on investment (ROI) is -20.10% and its monthly performance is recorded as -26.17%. Twitter Inc (NYSE:TWTR) quarterly revenue growth is -51.98%.