Britain’s Vodafone Group Plc (ADR) (NASDAQ:VOD) said core earnings would fall in 2015 due to the investment needed in the business as it recorded impairments of £6.6 billion due to fierce competition and regulatory changes in Europe. The world’s second-largest mobile operator has reported record falls in underlying revenue in the last 18 months, as a result of numerous European rivals, regulator-imposed price cuts and European consumers reducing the number of calls they made during the recession. Vodafone Group Plc (ADR) (NASDAQ:VOD) stock performance was -5.78% in last session and finished the day at $34.21. Traded volume was 15.25million shares in the last session and the average volume of the stock remained 9.31million shares. The beta of the stock remained 0.63.
On May 13, Zacks Investment Research downgraded ANADIGICS, Inc. (NASDAQ:ANAD) to a Zacks Rank #4 (Sell) from a Zacks Rank #3 (Hold), primarily due to downward estimate revisions. ANADIGICS, Inc. (NASDAQ:ANAD) dropped -6.09 percent to $1.08 Tuesday on volume of 2.17million shares. The intra-day range of the stock was $1.03 to $1.15. ANADIGICS, Inc. (NASDAQ:ANAD) has a market capitalization of $92.41million.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) rallied 7.53% against no significant news. The companny is a vertically integrated photovoltaic (PV), product manufacturer worldwide. The Company designs, manufactures and sells PV modules, and design, assemble, sell and install PV systems. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE)’s stock on May 20, 2014 reported a decrease of -5.00% to the closing price of $2.85. Its fifty two weeks range is $2.65 -$8.77. The total market capitalization recorded $518.03million. The overall volume in the last trading session was 3.35million shares. In its share capital, YGE has 181.68million outstanding shares.
In 2012, Levien helped Pera assemble an investor group and purchase the team from the late Michael Heisley for a reported $377 million. Pera, 36, is the founder and CEO of Ubiquiti Networks Inc (NASDAQ:UBNT), a Silicon Valley technology company that specializes in wireless hardware. The group of investors he heads includes Levien, Justin Timberlake, Anfernee “Penny” Hardaway, and Peyton Manning’s wife, Ashley, among others. On Tuesday, shares of Ubiquiti Networks Inc (NASDAQ:UBNT) dropped -5.93% to close the day at $32.83. Company return on investment (ROI) is 36.40% and its monthly performance is recorded as -19.16%. Ubiquiti Networks Inc (NASDAQ:UBNT) quarterly revenue growth is -33.62%.