Stocks in News: QUALCOMM, Inc. (NASDAQ:QCOM), Sprint Corporation (NYSE:S), International Business Machines Corp. (NYSE:IBM), RF Micro Devices (NASDAQ:RFMD), Semtech Corporation (NASDAQ:SMTC)



QUALCOMM, Inc (NASDAQ:QCOM) Chairman Paul E. Jacobs sold 32,694 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $80.41, for a total value of $2,628,924.54. Following the sale, the chairman now directly owns 30,041 shares in the company, valued at approximately $2,415,597. QUALCOMM, Inc. (NASDAQ:QCOM) stock performance was -0.33% in last session and finished the day at $79.66. Traded volume was million shares in the last session and the average volume of the stock remained million shares. The beta of the stock remained 1.12. QUALCOMM, Inc. (NASDAQ:QCOM) insider ownership is %.

Sprint Corporation (NYSE: S) and T-Mobile US (NYSE: TMUS) were active Thursday following news that the two sides are close to reaching an M&A deal on price, capital structure, and termination fee, according to Bloomberg, citing sources. As part of the deal, Sprint will pay 50 percent stock and 50 percent cash to acquire T-Mobile, in a deal that could be announced as soon as July. Sprint Corporation (NYSE:S) dropped -4.04 percent to $9.02 Thursday on volume of 39.78million shares. The intra-day range of the stock was $8.88 to $9.57. Sprint Corporation (NYSE:S) has a market capitalization of $37.07billion.

International Business Machines Corp. (NYSE:IBM) experts have completed intensive training for 50 Kenyan students and software developers looking to enhance their technical and entrepreneurial skills. The IBM team also developed plans to stimulate female entrepreneurship, improve agribusiness, and develop the workforce through internships for university students. International Business Machines Corp. (NYSE:IBM)’s stock on June 05, 2014 reported a increase of 0.80% to the closing price of $185.98. Its fifty two weeks range is $172.19 -$206.98. The total market capitalization recorded $188.25billion. The overall volume in the last trading session was 2.85million shares. In its share capital, IBM has 1.01billion outstanding shares.

RF Micro Devices (RFMD) released poor third-quarter results. However, the news of the company merging with another chip making company, TriQuint Semiconductor (TQNT) boosted RFMD stock. On Thursday, shares of RF Micro Devices, Inc. (NASDAQ:RFMD) dropped -0.92% to close the day at $9.65. Company return on investment (ROI) is 2.10% and its monthly performance is recorded as 10.03%. RF Micro Devices, Inc. (NASDAQ:RFMD) quarterly revenue growth is 28.67%.

Semtech Corp. (NASDAQ:SMTC) CFO Emeka Chukwu sold 2,500 shares of the stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $25.95, for a total transaction of $64,875.00. Following the sale, the chief financial officer now directly owns 52,307 shares of the company’s stock, valued at approximately $1,357,367. Semtech Corporation (NASDAQ:SMTC) stock performance was 1.78% in last session and finished the day at $26.92. Traded volume was 696.90K shares in the last session and the average volume of the stock remained 490.19K shares. The beta of the stock remained 1.22. Semtech Corporation (NASDAQ:SMTC) insider ownership is 0.80%.

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