Apr
7
SanDisk Corporation (NASDAQ:SNDK) announced the recipients of the 2013-2014 SanDisk Scholars Program. Under its scholarship program, the Company awarded over $1 million in scholarships to nearly 100 undergraduate and graduate university students in the U.S. to support their pursuit of academic careers in a science, technology, engineering or mathematics (STEM) discipline. The Company also announced that it is expanding its program to China and Japan in 2014. Commenting on the development, SanDisk President and CEO, Sanjay Mehrotra said, “SanDisk is passionate about helping the next generation of technology leaders pursue their dreams in STEM-related careers.” SanDisk Scholars Program grants financial assistance to students based upon their prior academic record and meaningful levels of community engagement, as well as financial need. SanDisk Corporation (NASDAQ:SNDK) shares after opening at $83.10 moved to $85.37 on last trade day and at the end of the day closed at $80.95. Company price to sales ratio in past twelve months was calculated as 2.96 and price to cash ratio as 6.28. SanDisk Corporation (NASDAQ:SNDK) showed a positive weekly performance of 0.42%.
Mercury Systems Inc (NASDAQ:MRCY) which provides image and digital signal processing systems to defense and aerospace is said to be in tie-up discussions with commercial aircraft maker The Boeing Company (NYSE:BA). Mercury Systems Inc (NASDAQ:MRCY) shares advanced 4.31% in last trading session and ended the day on $13.80. MRCY return on equity ratio is recorded as -1.40% and its return on assets is -1.20%. Mercury Systems Inc (NASDAQ:MRCY) yearly performance is 85.98%.
Investment analysts at Credit Suisse initiated coverage on shares of Hollysys Automation Technologies (NASDAQ:HOLI) in a note issued to investors on Friday, Analyst Ratings News reports. The firm set an “outperform” rating and a $29.10 price target on the stock. Credit Suisse’s price objective suggests a potential upside of 36.94% from the company’s current price. Hollysys Automation Technologies Ltd (NASDAQ:HOLI) shares moved up 1.41% in last trading session and was closed at $21.55, while trading in range of $21.09-$22.40. Hollysys Automation Technologies Ltd (NASDAQ:HOLI) year to date performance is 13.84%.
One company that should be on your radar is Grupo Financiero Galicia S.A. (ADR) (NASDAQ:GGAL). The stock of this banking company has seen its Zacks Rank surge over the past four weeks, moving from Hold territory to its current position as a Strong Buy. A key reason for this move has been the positive trend in the earnings estimate revisions picture. For GGAL’s full year estimate, we have seen 2 estimates go higher in the past 30 days, compared to no downward revision. This trend has helped the consensus estimate to trend higher, going from $2.15 a share a month ago to its current level at $2.26.
Grupo Financiero Galicia S.A. (ADR) (NASDAQ:GGAL) weekly performance is 9.33%. On last trading day company shares ended up $13.01.Grupo Financiero Galicia S.A. (ADR) (NASDAQ:GGAL) distance from 50-day simple moving average is 32.05%. Analysts mean target price for the company is $11.50.
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