On Oct. 8, The chief executive of Brazil telecom giant Oi SA (NYSE:OIBR), Zeinal Bava, resigned Oct 07, at a crucial time for the firm’s multibillion-dollar merger with Portugal Telecom SGPS SA that he had orchestrated. Oi SA (NYSE:OIBR) belongs to Technology sector. Its net profit margin is -1.60% and weekly performance is -15.38%. On…
The Wall Street Journal reported Sunday that Canadian Pacific Railway has approached CSX Corp. (NYSE:CSX) regarding a merger. CSX reportedly declined the offer. CSX Corp. (NYSE:CSX) belongs to Services sector. Its net profit margin is 14.70% and weekly performance is 4.86%. On last trading day company shares ended up $32.61. CSX Corp. (NYSE:CSX) distance from…
Inphi (NASDAQ:IPHI) had its price target increased by Needham & Company LLC from $16.00 to $17.00 in a research report sent to investors on Thursday morning. Inphi Corporation (NYSE:IPHI) belongs to Technology sector. Its net profit margin is -2.10% and weekly performance is 2.63%. On last trading day company shares ended up $14.85. Inphi Corporation (NYSE:IPHI)…
Vringo Inc. (NASDAQ:VRNG), up 14 cents to $3.41. The software developer could be a big beneficiary of a Supreme Court ruling in its fight with Google over patent infringement. Vringo, Inc. (NASDAQ:VRNG) stock performance was 4.28% in last session and finished the day at $3.41. Traded volume was 6.45million shares in the last session and…
Gold Resource Corporation (NYSEMKT:GORO) will continue to cut its operating costs in efforts to foster more financial savings. The company reported that it achieved significant cost savings in the latest quarter during which it also increased production amid weak prices and demand for gold.Furthermore, the CEO Jason Raid said that he intends to challenge his…
