Fabrinet (NYSE: FN) rallied today to a 14.5% increased valuation after Needham & Company raised the price target to $60 up from the previous $56.Farbinet, an optical packager and manufacturing provider for OEMs, has been undervalued since F..

Japan’s Takata Corporation filed for bankruptcy protection in Japan and the United States and agreed to be acquired for $1.6 billion by Key Safety Systems which is Chinese owned and U.S. based. Takata faces tens of billions of dollars in costs..

Tim Westergren, CEO and co-founder of Pandora Media Inc. (NYSE: P), will stay with the company until his replacement is found.Pandora shares rose 4.5 percent to $8.65 on Monday morning due to the news of Westergren’s imminent departure. A..

Facebook Inc. (NASDAQ: FB) is reportedly in talks with Hollywood producers, discussing the development of TV-quality shows with plans to launch original programming by late summer, people familiar with the matter said according to a report by f..

While hype surrounds the Tesla Inc. (NASDAQ: TSLA) upcoming line of affordable vehicles, the Model 3, competition for electric vehicles is becoming fierce. Among the competition, Volvo is announcing that the company will introduce a separa..