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Home » Business & Finance » Notable Moves Under Consideration: Avid Technology, Inc (NASDAQ:AVID), Ascent Solar Technologies, Inc (NASDAQ:ASTI), Chanticleer Holdings Inc (NASDAQ:HOTR), Microvision, Inc (NASDAQ:MVIS)
Notable Moves Under Consideration: Avid Technology, Inc (NASDAQ:AVID), Ascent Solar Technologies, Inc (NASDAQ:ASTI), Chanticleer Holdings Inc (NASDAQ:HOTR), Microvision, Inc (NASDAQ:MVIS)

Notable Moves Under Consideration: Avid Technology, Inc (NASDAQ:AVID), Ascent Solar Technologies, Inc (NASDAQ:ASTI), Chanticleer Holdings Inc (NASDAQ:HOTR), Microvision, Inc (NASDAQ:MVIS)

March 19, 2015 10:09 am by: Category: Business & Finance Leave a comment A+ / A-

On Wednesday, Following Stocks were among the “Top 50 Gainers” of U.S. Stock Market: Avid Technology, Inc (NASDAQ:AVID), Ascent Solar Technologies, Inc (NASDAQ:ASTI), Chanticleer Holdings Inc (NASDAQ:HOTR), Microvision, Inc (NASDAQ:MVIS)

Avid Technology, Inc (NASDAQ:AVID), with shares inclined 14.22%, closed at $14.46.

Ascent Solar Technologies, Inc (NASDAQ:ASTI), with shares jumped 13.11%, settled at $1.38.

Chanticleer Holdings Inc (NASDAQ:HOTR), with shares climbed 13.33%, and closed at $2.55.

Microvision, Inc (NASDAQ:MVIS), surged 13.03%, and closed at $3.99.

Latest NEWS regarding these Stocks are depicted underneath:

Avid Technology, Inc. (NASDAQ:AVID)

On Wednesday, Avid Technology, Inc. (AVID), declared that M6 Group, the media corporation behind the most profitable national television network in France, has embraced Avid Everywhere and implemented a cutting-edge Avid media asset administration solution for managing content and media assets. The new Avid workflow enables M6 to share purchased content between 50 users and four departments, enhance partnership between team members, save time and resources throughout the organization, and maximize the value of its massive archive of media assets.

“Avid Everywhere enables us to save valuable time and resources across our entire organization,” stated Mathias Bejanin, technical director at M6. “Our old workflows and systems were limited, and did not allow easy cooperation between departments. Thanks to our new Avid workflow, we are now able to easily share media between all of our different departments.”

Avid Technology, Inc. develops, markets, sells, and supports software and hardware for digital media content production, administration, and distribution in the United States, the other Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Ascent Solar Technologies, Inc. (NASDAQ:ASTI)

On Wednesday, Ascent Solar Technologies, Inc. (ASTI), a developer of state-of-the-art, flexible thin-film photovoltaic modules, integrated into the Corporation’s EnerPlex™ series of consumer products, stated results for the fourth quarter and year ended December 31, 2014.

Q4 2014 Financial Results:

Total proceed for the fourth quarter of 2014 was $2.4M, up 107% from the previous quarter. Specifically, EnerPlex™ branded consumer product proceed was $2.3M in the fourth quarter, up from $1M in the preceding quarter, a 124% raise.

Full Year 2014 Financial Results and Administration Discussions:

Total proceed for the year was $5.3M, up from $1.3M in 2013 or 308% year-over-year growth. Product proceed raised from $1.1M to $5M, a 349% raise. Loss from Operations raised from $28.2M in 2014 to $33.9M in 2014, due to raise in a combination of advertising, marketing and promotional expenses. These expenses are predictable to be reduced or remain flat while we continue to ramp up on proceed growth. The corporation also incurred noteworthy legal and financing expenses related to the financing activities in 2014, which are predictable to decrease substantially in 2015.

2015 Proceed Guidance:

The consumer electronics business does present a high degree of seasonality. While it is difficult to project sales on a quarterly basis, the Corporation anticipates to generate between $10M - $12M full year proceed in 2015 on the back of strong EnerPlex momentum in addition to raised contributions from PV sales.

Ascent Solar Technologies, Inc., a development stage corporation, designs and manufactures photovoltaic integrated consumer electronics; and portable power applications for commercial and military users.

Chanticleer Holdings, Inc. (NASDAQ:HOTR)

On Wednesday, Chanticleer Holdings, Inc. (HOTR), owner and operator of multiple restaurant brands internationally and domestically, declared that it closed on the attainment of BGR: The Burger Joint (“BGR”), a better burger concept well-known in the Maryland/Washington, D.C./Virginia area.

BGR closed out 2014 with $15+ million in system wide retail sales, $10+ million in corporation proceed, nine corporate owned locations and nine franchises. It added two additional locations in Q1 2015 counting its first international franchise location in Kuwait and has over eighty franchise locations under development contract almost equally split between domestic and international markets. BGR was voted #7 Burger Chain in USA by The Daily Meal & MSN.com, #1 Burger Restaurant by the Washingtonian and #1 Burger Patty by the Washington Post.

Chanticleer Holdings now has 46 locations worldwide counting thirteen Hooters restaurants, six American Burger Co. restaurants, seven Just Fresh locations and twenty BGR locations. In addition, the Corporation forecasts opening three to five new BGR franchise locations and two Hooters locations before year end.

Headquartered in Charlotte, NC, Chanticleer Holdings (HOTR), together with its auxiliaries, owns and operates restaurant brands in the United States and internationally. The Corporation is a franchisee owner of Hooters® restaurants in international markets counting Australia, South Africa, and Europe, and two Hooters restaurants in the United States.

Microvision Inc. (NASDAQ:MVIS)

Microvision Inc. (MVIS), declared it has received orders totaling $14.5 million for components for its Fortune Global 100 customer.

MicroVision plans to start shipment of components for these orders in the second half of 2015 and anticipates fulfillment to continue into 2016. MicroVision and its Fortune Global 100 customer recently reached a licensing contract whereby MicroVision granted a non-exclusive license to its patented PicoP® display technology to the Fortune Global 100 corporation. The components MicroVision is selling to its customer are predictable to be incorporated into display modules the Fortune Global 100 has developed. MicroVision will also be entitled to royalty payments upon any sales by its customer of the display modules. MicroVision is presently fulfilling component orders received in the second half of 2014 for this same customer.

MicroVision, Inc. is engaged in the development of its proprietary PicoP display technology that can be used by its customers to create miniature laser display and imaging engines in the United States.

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Notable Moves Under Consideration: Avid Technology, Inc (NASDAQ:AVID), Ascent Solar Technologies, Inc (NASDAQ:ASTI), Chanticleer Holdings Inc (NASDAQ:HOTR), Microvision, Inc (NASDAQ:MVIS) Reviewed by on . On Wednesday, Following Stocks were among the "Top 50 Gainers" of U.S. Stock Market: Avid Technology, Inc (NASDAQ:AVID), Ascent Solar Technologies, Inc (NASDAQ: On Wednesday, Following Stocks were among the "Top 50 Gainers" of U.S. Stock Market: Avid Technology, Inc (NASDAQ:AVID), Ascent Solar Technologies, Inc (NASDAQ: Rating: 0

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