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)

Top Stories: GrubHub Inc. (NYSE:GRUB), PDL BioPharma, Inc. (NASDAQ:PDLI), Diamond Hill Investment Group Inc. (NASDAQ:DHIL), Star Gas Partners, L.P. (NYSE:SGU), CBSO

Citigroup Inc. reaffirmed their buy rating on shares of GrubHub (NASDAQ:GRUB) in a report issued on Friday. They currently have a $44.00 target price on the stock, up from their previous target price of $41.00. GrubHub Inc. (NYSE:GRUB) belongs to Technology sector. Its net profit margin is 6.50% and weekly performance is 0.30%. On last trading day company shares ended up $36.35. GrubHub Inc. (NYSE:GRUB) … Continue reading Top Stories: GrubHub Inc. (NYSE:GRUB), PDL BioPharma, Inc. (NASDAQ:PDLI), Diamond Hill Investment Group Inc. (NASDAQ:DHIL), Star Gas Partners, L.P. (NYSE:SGU), CBSO

Active Watch List : Exelon Corporation (NYSE:EXC), Archer-Daniels-Midland Company (NYSE:ADM), Barracuda Networks, Inc. (NYSE:CUDA), Pearson plc (NYSE:PSO), Vodafone Group Plc (ADR) (NASDAQ:VOD)

Pepco Holdings Inc. is one step closer to its $6.8 billion merger with Chicago-based Exelon Corporation (NYSE:EXC), winning approval from the Virginia State Corporation Commission. The proposed merger, first announced in April, still needs approval from the Federal Energy Regulatory Commission, the Delaware Public Service Commission, the Public Service Commission of the District of Columbia, the New Jersey Board of Public Utilities and the Maryland … Continue reading Active Watch List : Exelon Corporation (NYSE:EXC), Archer-Daniels-Midland Company (NYSE:ADM), Barracuda Networks, Inc. (NYSE:CUDA), Pearson plc (NYSE:PSO), Vodafone Group Plc (ADR) (NASDAQ:VOD)