NQ Mobile Inc. (ADR) (NYSE:NQ) was poised to erase all of the losses triggered in October by short-seller Carson Block, the stock is tumbling again. Investor concern was rekindled when the Chinese mobile-services provider reported weaker-than-forecast earnings on April 10, triggering a 21 percent plunge the next day that was followed by an additional 13…
In 2003, Neonode (NASDAQ:NEON), a Santa Clara-based company that makes touch sensing technology, patented a process called “Gliding the object along the touch sensitive area from left to right.” The process looked and worked very similar to the “Slide to Unlock” feature on Apple’s iPhone. Neonode, Inc (NASDAQ:NEON) stock performance was -1.66% in last session…
TE Connectivity (NYSE:TEL) CEO Thomas Lynch sold 62,500 shares of the stock on the open market in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $59.54, for a total value of $3,721,250.00. Following the completion of the transaction, the chief executive officer now directly owns 339,339 shares in…
Generic drugmaker Actavis plc (NYSE:ACT), which earlier in November agreed to acquire Botox maker Allergan Inc. for $66 billion, plans to cut its workforce and expand in China, Bloomberg reported Monday, citing Actavis Chief Executive Officer Brent Saunders. Actavis plc (NYSE:ACT) belongs to Healthcare sector. Its net profit margin is -8.10% and weekly performance is…
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), posted a 55.9 percent rise in October sales from a year earlier. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) belongs to Technology sector. Its net profit margin is 31.40% and weekly performance is -0.91%. On last trading day company shares ended up $21.82. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) distance…
JPMorgan Chase & Co. upgraded shares of SunPower (NASDAQ:SPWR) to an overweight rating in a research note issued to investors on Friday. SunPower Corporation (NASDAQ:SPWR) belongs to Technology sector. Its net profit margin is 8.40% and weekly performance is 7.96%. On last trading day company shares ended up $31.21. SunPower Corporation (NASDAQ:SPWR) distance from 50-day…
