News Buzz : China BAK Battery (NASDAQ:CBAK), Silicon Image (NASDAQ:SIMG), Impac Mortgage (NYSEMKT:IMH), TAT Technologies (NASDAQ:TATT), Stryker (NYSE:SYK)

Technology Stocks News 6

The China BAK Battery, Inc. (NASDAQ:CBAK) on July 7 disclosed in a regulatory filing that, to repay its overdue bank loans, Shenzhen BAK Battery Co., a wholly-owned subsidiary of the company, borrowed from Jinghui Wang an aggregate of RMB520M, or approximately $85.9M, in December 2013 and January 2014, as previously disclosed. To secure the repayment of the loans, the company and the company’s wholly-owned Hong Kong subsidiary, BAK International Limited, separately entered into a corporate guarantee with Wang, under which each of the company and BAK International irrevocably and unconditionally guaranteed to the lender timely performance by Shenzhen BAK of its obligation to repay the loans. China BAK Battery, Inc. (NASDAQ:CBAK) belongs to Technology sector. Its net profit margin is -53.60% and weekly performance is -9.09%. On last trading day company shares ended up $3.80. China BAK Battery, Inc. (NASDAQ:CBAK) distance from 50-day simple moving average (SMA50) is 29.80%.

Needham & Company LLC upgraded shares of Silicon Image (NASDAQ:SIMG) from a hold rating to a buy rating in a research note issued to investors on Thursday. Silicon Image, Inc. (NASDAQ:SIMG) shares fell -0.20% in last trading session and ended the day at $4.93. SIMG Gross Margin is 59.30% and its return on assets is 4.50%. Silicon Image, Inc. (NASDAQ:SIMG) quarterly performance is -9.71%.

Impac Mortgage Holdings, Inc. (NYSE MKT: IMH), announces the scheduling of a conference call and live webcast on Thursday, August 7th, 2014 at 9:00 a.m. P.T. (12:00 p.m. E.T.). We will discuss our second quarter 2014 financial results, which are expected to be released after the close of market on Wednesday, August 6th, 2014.On 05 August, Impac Mortgage Holdings Inc. (NYSEMKT:IMH) shares fell -1.65% and was closed at $5.37. IMH EPS growth in last 5 year was 6.80%. Impac Mortgage Holdings Inc. (NYSEMKT:IMH) year to date (YTD) performance is -10.20%.

TAT Technologies, Ltd. (NASDAQ:TATT) ended the last trading day at $7.60. Company weekly volatility is calculated as 1.53%and price to cash ratio as 2.24. TAT Technologies, Ltd. (NASDAQ:TATT) showed a weekly performance of -1.94%.

Stryker (NYSE:SYK) VP Katherine Ann Owen sold 20,625 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $80.25, for a total transaction of $1,655,156.25. Following the sale, the vice president now directly owns 13,519 shares of the company’s stock, valued at approximately $1,084,900. The sale was disclosed in a filing with the SEC. Stryker Corporation (NYSE:SYK) shares fell -0.73% in last trading session and ended the day on $79.99. SYK Gross Margin is 66.60% and its return on assets is 4.30%. Stryker Corporation (NYSE:SYK) quarterly performance is 1.56%.

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