Pompano Beach, FL -- (SBWIRE) -- 09/18/2012 -- OCZ Technology Group Inc (NASDAQ:OCZ) decreased 5.16% to $4.23. The Company said that chief executive officer, Ryan Petersen has resigned and he’ll be replaced on an interim basis by Chief Marketing Officer Alex Mei.
Recently, the Company reduced the second quarter guidance. The Company expects preliminary revenue to be approximately $110 to 120 million for the second quarter 2013. However, analysts were expecting the Company to report revenue of $134 million for the second quarter of 2013.
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Optimer Pharmaceuticals Inc (NASDAQ:OPTR) moved down 8.77% to $14.15. Bank of America lowered the rating on the stock from buy to underperform.
The organization is a biopharmaceutical company focused on developing and commercializing hospital specialty products.
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Deutsche Bank AG (USA) (NYSE:DB) slipped 4.45% to $42.35 on a traded volume of 1.70 million shares. The Company raised $563.9 million collateralized loan obligation for GSO Capital Partners LP. GSO Capital Partners LP is the credit-investment arm of Blackstone Group LP.
Fitch Ratings expects no impact on DB Advisors' 'M2+' Asset Manager Rating following Deutsche Bank's announcements on its future asset management strategy.
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Chimera Investment Corporation (NYSE:CIM) went down 2.21% to $2.66. The 52-week range for the stock is $1.81 and $3.16. The Company has Price/Sales ratio of 4.55 and Price/Book ratio of 0.83. The 50-Day Moving Average and 200-Day Moving Average prices is $2.45 and $2.66 respectively. The Company operates as a real estate investment trust in the United States.
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MIPS Technologies Inc (NASDAQ:MIPS) plunged 3.66% to $7.36 on a traded volume of 910k shares. The median Wall Street price target on the stock is $9.0 and the high target is set at $10.00 with analysts have a buy rating on the company’s stock. The stock has 6.30 respectively.
The Company is a provider of industry-standard processor architectures and cores for digital home, networking and mobile applications.
To Get complete technical analysis on MIPS go click my link
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