On January 30, Partners of Advanced Micro Devices Inc. (NASDAQ:AMD) said that this week they started a new round of Radeon R9 290-series price-cuts. Traditionally, companies start to drop prices of graphics adapters in the U.S. and then do the same in other parts of the world. This week the U.S.-based Newegg store drop prices of Radeon R9 290X graphics cards (2816 stream processors, 176 texture units 64 raster operating pipelines, 512-bit memory bus, 4GB GDDR5 onboard) from Diamond Multimedia and Gigabyte Technology to $279 after $20 mail-in rebate (MiR), whereas Radeon R9 290X from MSI and PowerColor can be purchased for as low as $299 and $309, respectively, after $30 mail-in-rebate. On Monday shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) closed at $2.67. Company’s sales growth for last 5 years was -1.80%.
A California federal judge on January 28 refused to end computer data storage device maker GSI Technology Inc.’s lawsuit accusing rival Cypress Semiconductor Corp. (NASDAQ:CY) of conspiring to monopolize the static-RAM memory market, saying GSI was not barred by the statute of limitations. Cypress Semiconductor Corporation (NASDAQ:CY) in last trading activity fell -3.19% to close at $14.26. Company weekly performance is -6.61% while its quarterly performance stands at 51.22%. Cypress Semiconductor Corporation (NASDAQ:CY) is -7.88% away from its 52 week high.
Zacks upgraded shares of Pebblebrook Hotel Trust (NYSE:PEB) from a neutral rating to an outperform rating in a research report sent to investors on Wednesday morning. The firm currently has $51.80 price target on the stock. On last trading day Pebblebrook Hotel Trust (NYSE:PEB) fell -0.67% to close at $46.13. Its volatility for the week is 2.68% while volatility for the month is 2.32%. PEB’s EPS growth for past 5 years was 78.15%. Pebblebrook Hotel Trust (NYSE:PEB) monthly performance is 1.10%.
On January 27, Corning Inc. (NYSE:GLW) announced its results for the fourth quarter and full year of 2014. On Monday shares of Corning Inc. (NYSE:GLW) closed at $24.15. Company’s sales growth for last 5 years was 5.60% and EPS growth for next 5 years is recorded as 10.85%.
Sonic Foundry, Inc. (NASDAQ:SOFO) announced it will release results of its first fiscal 2015 quarter Thursday, February 5 after the close of the market. Core sales were $10.2 billion, a 29% increase from $7.9 billion last year, marking a record year in sales performance for the company. GAAP sales were $9.7 billion. On last trading day Sonic Foundry, Inc. (NASDAQ:SOFO) fell -2.01% to close at $8.27. Its volatility for the week is 3.19% while volatility for the month is 3.20%. SOFO’s sales growth for past 5 years was 14.00% and its EPS growth for past 5 years was 2.00%. Sonic Foundry, Inc. (NASDAQ:SOFO) monthly performance is 8.25%.