Equities researchers at Jefferies Group upped their price target on shares of VMware Inc (NYSE:VMW) from $114.00 to $124.00 in a research report issued on Friday, Stock Ratings News reports. The firm currently has a “buy” rating on the stock. Jefferies Group’s price target would indicate a potential upside of 15.25% from the stock’s previous…
Advanced Micro Devices, Inc. (NYSE:AMD) announced a multi-year agreement with Mentor Graphics Corporation (NASDAQ: MENT) to expand availability of open-source embedded Linux development for heterogeneous and multi-core processors from Advanced Micro Devices, Inc. (NYSE:AMD). Dedicated to providing embedded developers with a more manageable and focused open source framework, the agreement will provide embedded developers with…
Making the adjustment cost $134,000 and provides the investor an additional month of long exposure to the solar-energy company. The new long calls control the equivalent of 171,100 shares off the bat, and that correlation will increase to 590,000 if Sunedison Inc (NYSE:SUNE) pushes over $23 by expiration in mid-May. Sunedison Inc (NYSE:SUNE) stock performance…
U.S. telecom giant AT&T Inc. (NYSE:T) has announced a new repurchase program of up to 300 million shares. The buyback represents nearly 6% of the company’s outstanding shares and does not have any expiration date. AT&T Inc. (NYSE:T) stock performance was 0.06% in last session and finished the day at $35.09. Traded volume was 28.78million…
Shares of Huntington Bancshares (NASDAQ:HBAN) saw a large decline in short interest in January. As of March 14th, there was short interest totalling 15,966,545 shares, a decline of 12.8% from the February 28th total of 18,306,242 shares, AR Network reports. Huntington Bancshares Incorporated (NASDAQ:HBAN) stock performance was 1.91% in last session and finished the day…
Ocean Power Technologies, Inc. (Nasdaq:OPTT) announced that Victorian Wave Partners Pty. Ltd. (“VWP”), has received approximately A$5.0 million in initial grant funding from the Australian Renewable Energy Agency (“ARENA”). VWP is a project-specific entity wholly-owned by Ocean Power Technologies (Australasia) Pty. Ltd. (OPTA), which is 88% owned by OPT. Ocean Power Technologies Inc (NASDAQ:OPTT) stock…
