IC design house Himax Technologies Inc. (ADR) (NASDAQ:HIMX) has reported financial results for the third quarter of 2014, which came in line with the company’s guidance. Looking into the fourth quarter, the company expects to post flat or slight sequential growth in revenues. Himax posted consolidated sales of US$222.3 million for the third quarter, up 13.2% sequentially and 15.3% on year. Gross margin for the quarter came to 24.5%, compared to 24.2% in the second quarter and 25.3% in third-quarter 2013. Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) in last trading activity increased 0.28% to close at $7.12. Company weekly performance is -8.83% while its quarterly performance stands at -8.01%. Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) is -53.94% away from its 52 week high.
General Electric Company (NYSE:GE) plans to build a $32 million facility near Pittsburgh International Airport to develop three-dimensional printing and other high-tech manufacturing processes. On last trading day General Electric Company (NYSE:GE) increased 0.15% to close at $26.46. Its volatility for the week is 0.89% while volatility for the month is 1.27%. GE’s sales growth for past 5 years was -4.30% and its EPS growth for past 5 years was -3.80%. General Electric Company (NYSE:GE) monthly performance is 9.11%.
Horizon Bancorp (NASDAQ:HBNC)‘s stock had its “market perform” rating reaffirmed by research analysts at Keefe, Bruyette & Woods in a report released on Friday. They currently have a $25.00 target price on the stock, up from their previous target price of $24.00. Keefe, Bruyette & Woods’ price objective points to a potential upside of 1.83% from the stock’s previous close. On last trading day Horizon Bancorp (NASDAQ:HBNC) decreased -0.63% to close at $25.37. Its volatility for the week is 1.86% while volatility for the month is 3.36%. HBNC’s sales growth for past 5 years was 1.30% and its EPS growth for past 5 years was 12.20%. Horizon Bancorp (NASDAQ:HBNC) monthly performance is 1.52%.
On November 13, Oracle Corporation (NYSE:ORCL) and SAP SE have settled long-running copyright litigation for $356.7 million over improper downloads of Oracle files, ending a fierce legal battle between the two enterprise software rivals. Oracle Corporation (NYSE:ORCL) has 25.05% insider ownership while its institutional ownership stands at 61.20%. In last trading activity company’s stock closed at $40.84.
Merck & Co Inc. (NYSE:MRK)’s pills Zetia and Vytorin generated more than $21 billion for the company since they were introduced more than a decade ago. Next week, doctors will find out if they actually save lives in addition to lowering cholesterol. Merck & Co. Inc. (NYSE:MRK) in last trading activity moved down -0.79% to close at $59.07. Company weekly performance is -0.46% while its quarterly performance stands at 1.84%. Merck & Co. Inc. (NYSE:MRK) is -3.13% away from its 52 week high.