Visualead , startup and pioneer of Visual QR Code technology, announced that it has secured B-round funding from Alibaba Group Holding Limited (NYSE:BABA). Alibaba Group and Visualead also entered into a strategic cooperation agreement for the use of Visualead’s patents and technology across Alibaba Group’s ecosystem. Visualead will use the proceeds from the funding to develop next-generation O2O technology. Alibaba Group Holding Ltd (NYSE:BABA) belongs to Services sector. Its net profit margin is 46.30% and weekly performance is -1.55%. On last trading day company shares ended up $100.04. Alibaba Group Holding Ltd (NYSE:BABA) distance from 50-day simple moving average (SMA50) is -7.15%.
Espey Mfg. & Electronics Corp. (NYSEMKT:ESP) Tuesday said it has appointed Patrick Enright, Jr, 53, as President and Chief Executive Officer, effective February 2. From 2010 to 2015, Enright was employed by DRS Technologies and last held the position of Vice President of Strategic Planning. Espey Mfg. & Electronics Corp. (NYSEMKT:ESP) belongs to Technology sector. Its net profit margin is 3.90% and weekly performance is 2.31%. On last trading day company shares ended up $24.35. Espey Mfg. & Electronics Corp. (NYSEMKT:ESP) distance from 50-day simple moving average (SMA50) is 4.17%.
Brean Capital started coverage on shares of Osiris Therapeutics (NASDAQ:OSIR) in a research note released on Tuesday morning. The firm issued a buy rating on the stock. On 20 January, Osiris Therapeutics, Inc. (NASDAQ:OSIR) shares advanced 1.20% and was closed at $16.89. OSIR EPS growth in last 5 year was 57.60%. Osiris Therapeutics, Inc. (NASDAQ:OSIR) year to date (YTD) performance is 5.63%.
Eastern Virginia Bankshares, Inc. (NASDAQ:EVBS) announced the redemption (the “Partial Redemption”) of an additional 5,000 shares, or 35.7%, of its 14,000 shares of outstanding Fixed Rate Cumulative Perpetual Preferred Stock, Series A (“Series A Preferred Stock”) that were originally issued to the United States Department of the Treasury (“U.S. Treasury”) under the Troubled Asset Relief Program Capital Purchase Program. Eastern Virginia Bankshares Inc. (NASDAQ:EVBS) ended the last trading day at $6.27. Company weekly volatility is calculated as 0.79% and price to cash ratio as 0.75. Eastern Virginia Bankshares Inc. (NASDAQ:EVBS) showed a weekly performance of -1.72%.
On January 13, eGain (NASDAQ:EGAN), announced that Brett Shockley has joined its board of directors, effective January 12, 2015. Mr. Shockley is a serial entrepreneur and senior business executive, known for growing startups and driving transformational change in established businesses. eGain Corporation (NASDAQ:EGAN) shares advanced 1.79% in last trading session and ended the day at $5.12. EGAN Gross Margin is 66.90% and its return on assets is -12.50%. eGain Corporation (NASDAQ:EGAN) quarterly performance is 10.82%.