On Wednesday shares of Zynga Inc (NASDAQ:ZNGA) closed at $3.01. Company’s sales growth for last 5 years was 41.50% and EPS growth for next 5 years is recorded as 30.00%. Zynga Inc (NASDAQ:ZNGA) is again cutting its workforce. People in the local tech industry say the layoffs are hitting the Eugene office hard, as much as halving its staff of about 40 people. When Zynga acquired the local game developer in May 2012 for an undisclosed price, it said it planned to expand the 50-¬employee Eugene studio.
Civitas Solutions, Inc. (NYSE:CIVI) in last trading activity advanced 11.59% to close at $20.89. Company weekly performance is 14.78% while its quarterly performance stands at 9.89%. Civitas Solutions, Inc. (NYSE:CIVI) is -1.51% away from its 52 week high. Civitas Solutions, Inc. (NYSE:CIVI) reported financial results for the fiscal second quarter ended March 31, 2015. Second quarter net revenue increased 9.4% to $335.2 million. Second quarter Adjusted EBITDA increased 17.6% to $37.1 million. Second quarter net income was $1.7 million, compared to net loss of $12.2 million in the second quarter of fiscal 2014.
Tesla Motors Inc (NASDAQ:TSLA) has 0.10% insider ownership while its institutional ownership stands at 63.80%. In last trading activity company’s stock closed at $243.18. Tesla Motors, Inc. (NASDAQ:TSLA) will be able to directly sell cars to consumers in Maryland following the recent signing of a bill by the state’s Governor. The bill, slated to be effective Oct 1, 2015, allows a manufacturer or distributor to be licensed as a vehicle dealer as long as it sells only electric or non-fossil-fuel-burning vehicles.
Onconova Therapeutics, Inc. (NASDAQ:ONTX) has 62.56% insider ownership while its institutional ownership stands at 8.80%. In last trading activity company’s stock closed at $2.50. Research analysts at HC Wainright began coverage on shares of Onconova Therapeutics Inc. (NASDAQ:ONTX) in a report released on 5 May. The firm set a “buy” rating and a $6.00 price target on the stock. HC Wainright’s price objective suggests a potential upside of 165.49% from the stock’s previous close.
On last trading day Vedanta Limited (NYSE:SSLT) remains unchanged to close at $13.97. Its volatility for the week is 1.78% while volatility for the month is 1.56%. Vedanta Limited (NYSE:SSLT) monthly performance is 10.87%. Vedanta Limited (NYSE:SSLT) has appointed Mr. Ajay Dixit as Chief Executive Officer, Power, effective May 11, 2015. In his role, Mr. Dixit will consolidate the power operations of the group and build the new power vertical. He will be responsible to grow the business through synergies and drive operational excellence of the 9097 MW power business.