On Friday, Shares of Blackhawk Network Holdings Inc (NASDAQ:HAWK), added 2.18% and closed at $31.83 in the last trading session. The last trading range of the stock ranges between $29.93 and $32.15. The company’s Market capitalization is $1.83 Billion. Blackhawk Network Holdings, Inc. (Blackhawk) declared it has accomplished the acquisition of Grass Roots Group Holdings Ltd. (Grass Roots), a leading provider of employee and customer engagement solutions, as formerly described in its Aug. 31, 2016 press release. The acquisition broadens the global capabilities of Blackhawk’s incentives and engagement business.
Integrated Device Technology Inc (NASDAQ:IDTI), dropped -1.17% and closed at $22.75 in the last trading session. The last trading range of the stock ranges between $22.55 and $23.12. The company’s Market capitalization is $3.02 Billion with the total Outstanding Shares of 134.32 million. During the 52-week trading session the minimum price at which share price traded, registered at $16.22 and reached to max level of $29.04. Integrated Device Technology, Inc. (IDT) (IDTI) declared recently that ZTE Corporation a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile Internet, selected the new IDT® RapidIO 10xN interconnect semiconductors for its new generation of wireless base stations. The IDT chips, members of the recently introduced RXS switch family, will facilitate the ZTE systems to evolve and meet the ever-growing need for greater capacity and scalability over the coming years.
IDT’s prior generation RapidIO switches are used in virtually every 4G LTE phone call and download made recently.
“The data being pushed and pulled over networks is growing at an extraordinary rate, so when we were building our most recent wireless base stations, we were careful to select components that can grow and meet future demands,” said Tian Sen, chief engineer of ZTE’s Baseband Unit Department. “IDT RapidIO switches are ubiquitous in the communications field, and this new generation of switches delivers significantly better performance, preparing us well for the systems of tomorrow.”
On the otherhand Monsanto Company (NYSE:MON), dropped -0.14% and closed at $103.36 in the last trading session. The last trading range of the stock ranges between $103.25 and $103.89. During the 52-week trading session the minimum price at which share price traded, registered at $83.73 and reached to max level of $114.26. Monsanto Company (MON) recently declared fiscal year 2016 results, delivering above the company’s most recent ongoing earnings per share guidance for the year. The company anticipates to grow earnings per share (EPS) into fiscal year 2017 and beyond by building upon the achievements of fiscal year 2016, together with continued strong penetration of key soybean traits, global corn germplasm upgrades and spend discipline.
“Despite challenges to our business in fiscal year 2016, we delivered on the drivers that position Monsanto for the return to EPS growth in the year ahead. To see it through, our fiscal year 2017 priorities are focused on delivering on the operational plan and key business milestones for the year, while also executing on the necessary steps to close the deal with Bayer. Eventually, we believe that combining with Bayer represents the most compelling value for our shareowners, with the most certainty through the all-cash consideration.”