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Los Angelas, CA -- (SBWIRE) -- 10/31/2012 -- QUALCOMM Incorpor (NasdaqNM:QCOM) reported EPS of 3.394. For the Current Fiscal year, the company is expected to report EPS of 3.65. For the Next Quarter and Next Year, the company is expected to report EPS of 1.00 and 4.12 respectively. At Current Market Price, QCOM is in distance of -4.07% from its 50-day Moving Average price of $61.5426 and -1.55% from its 200-day Moving Average price of $59.9676. QUALCOMM, Inc.(NASDAQ:QCOM) shares gained 2.80% and closed at $59.04. The company recently announced that Qualcomm Atheros Inc, has added a dozen new technology partners. The signing of these new agreements will focus on the company’s AR4100 and AR4100P Wi-Fi solutions. These agreements demonstrate continued momentum of Qualcomm’s Internet of Everything (IOE) global initiatives.
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Glass Group Corning (NYSE:GLW), Friday said its third-quarter net profit had fallen 45% on the year to USD 97 million (EUR 75.2m). The company's performance since the start of 2012 has been hit by oversupply in both the silicone and polycrystalline silicon sectors and high raw material prices, it said, adding that these industry conditions would possibly last into 2013. Adjusted net income plunged 56% to USD 77 million. Sales fell 7% to USD 1.55 billion as polysilicon prices remained weak due to industry oversupply. Sales in Europe dropped due to continuing economic volatility. The low polysilicon prices and political uncertainty in the solar sector affected the performance of polycrystalline silicon and other silicon-based products supplier Hemlock Semiconductor Group, which is comprised of joint ventures formed by Dow Corning, Shin-Etsu Handotai and Mitsubishi Materials (TYO:5711), Dow Corning said.
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Playnery, Inc., a social/ mobile game developer, Tuesday announced that it has partnered with Zynga, Inc. (NASDAQ:ZNGA), one of the world's leading provider of social game services to launch its first title 'Mother of Myth'.The Greeks and Roman mythology based dungeon battle game is a social action role-playing model that is available both on the web and mobile phones and requires no high-spec computer or client downloading. It is integrated with social networks and available in 12 languages. Commenting on the development, Henry Park, CEO at Playnery said, "Zynga brings its games to hundreds of millions of players through the Zynga network, and we are thrilled to have the opportunity to bring Mother of Myth to those players and give them a fantastic play experience."
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Geron Corporation (NasdaqNM:GERN) reported EPS of -0.702. For the Current Fiscal year, the company is expected to report EPS of -0.58. For the Next Quarter and Next Year, the company is expected to report EPS of -0.14 and -0.56 respectively. At Current Market Price, GERN is in distance of -17.37% from its 50-day Moving Average price of $1.5733 and -20.89% from its 200-day Moving Average price of $1.6432. Geron Corporation(NASDAQ:GERN) shares climbed 2.36% to $1.30. The company will announce its financial results for the third quarter ended September 30, 2012 on Tuesday, October 30, 2012, after the market close. The company’s management will host a conference call for analysts and investors on Tuesday, October 30, 2012 at 4:30 p.m. Eastern Time to discuss the company’s third quarter and year to date results and current events.
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