Market Watch: Ericsson (NASDAQ:ERIC), Gerdau S.A. (NYSE:GGB), Extreme Networks Inc. (NASDAQ:EXTR), Star Gas Partners, L.P. (NYSE:SGU), Gold Resource Corp (NYSEMKT:GORO)

Swedish mobile network equipment maker Ericsson (NASDAQ:ERIC) reported Tuesday lower profit in its fourth quarter, despite a slight increase in net sales. For the quarter, net income plunged 35 percent to 4.2 billion Swedish kronor from last year’s 6.4 billion kronor. Earnings per share dropped 35 percent year-over-year to 1.29 kronor. Ericsson (NASDAQ:ERIC) belongs to Technology sector. Its net profit margin is 6.00% and weekly … Continue reading Market Watch: Ericsson (NASDAQ:ERIC), Gerdau S.A. (NYSE:GGB), Extreme Networks Inc. (NASDAQ:EXTR), Star Gas Partners, L.P. (NYSE:SGU), Gold Resource Corp (NYSEMKT:GORO)

Volatile Movements: Gold Resource Corporation (NYSEMKT:GORO), Vringo, Inc. (NASDAQ:VRNG), GT Advanced Technologies Inc (NASDAQ:GTAT), Plug Power Inc (NASDAQ:PLUG)

Gold Resource Corporation (NYSEMKT:GORO) will continue to cut its operating costs in efforts to foster more financial savings. The company reported that it achieved significant cost savings in the latest quarter during which it also increased production amid weak prices and demand for gold.Furthermore, the CEO Jason Raid said that he intends to challenge his team to identify more and new cost saving opportunities to … Continue reading Volatile Movements: Gold Resource Corporation (NYSEMKT:GORO), Vringo, Inc. (NASDAQ:VRNG), GT Advanced Technologies Inc (NASDAQ:GTAT), Plug Power Inc (NASDAQ:PLUG)