Market Movers: International Business Machines Corp. (NYSE:IBM), VMware, Inc. (NYSE:VMW), EMC Corporation (NYSE:EMC), Intel Corporation (NASDAQ:INTC), NVIDIA Corporation (NASDAQ:NVDA)
International Business Machines Corp (NYSE:IBM) said it expects its hardware sector to grow in 2015 as the company invests in research and development and divests low-performing ventures. The comments come less than one month after the world’s largest technology service company reported its lowest quarterly revenue in five years, weighed by sluggish global demand for its hardware, which plunged 23 percent in the first quarter … Continue reading Market Movers: International Business Machines Corp. (NYSE:IBM), VMware, Inc. (NYSE:VMW), EMC Corporation (NYSE:EMC), Intel Corporation (NASDAQ:INTC), NVIDIA Corporation (NASDAQ:NVDA)
Notable Stocks: LinkedIn Corp (NYSE:LNKD), Yelp Inc (NYSE:YELP), Endo International PLC (NASDAQ:ENDP), National Bank of Greece (ADR) (NYSE:NBG), Barclays (NYSE:BCS)
Equities researchers at Stifel Nicolaus decreased their target price on shares of LinkedIn Corp (NYSE:LNKD) from $240.00 to $175.00 in a research report issued on Monday, Analyst Ratings News reports. Stifel Nicolaus’ price target would suggest a potential upside of 18.51% from the company’s current price. LinkedIn Corp (NYSE:LNKD) stock performance was -1.43% in last session and finished the day at $145.56. Traded volume was … Continue reading Notable Stocks: LinkedIn Corp (NYSE:LNKD), Yelp Inc (NYSE:YELP), Endo International PLC (NASDAQ:ENDP), National Bank of Greece (ADR) (NYSE:NBG), Barclays (NYSE:BCS)
Hot Stocks In news: Comcast (NASDAQ:CMCSA), CBS Corporation (NYSE:CBS), The Walt Disney Company (NYSE:DIS), Sirius XM Holdings (NASDAQ:SIRI), Pandora Media (NYSE:P)
Time Warner, owner of HBO and the studio behind The Lego Movie, beat the estimates of Wall Street analysts for operations in the first three months of the year, and raised its full-year guidance after getting more money than expected in re-transmission fees from Comcast Corporation (NASDAQ:CMCSA), the country’s largest cable TV operator. Comcast Corporation (NASDAQ:CMCSA) stock performance was -0.56% in last session and finished … Continue reading Hot Stocks In news: Comcast (NASDAQ:CMCSA), CBS Corporation (NYSE:CBS), The Walt Disney Company (NYSE:DIS), Sirius XM Holdings (NASDAQ:SIRI), Pandora Media (NYSE:P)
Electronic Equipment: Sony Corp (ADR) (NYSE:SNE), Apple Inc. (NASDAQ:AAPL), Harman International Industries Inc./DE/ (NYSE:HAR), Skullcandy Inc (NASDAQ:SKUL)
Sony Corp (ADR) (NYSE:SNE) plunged 6.1% in Tokyo as the electronics company unexpectedly forecast an annual loss. Shimao Property Holdings Ltd fell 3.2%, pacing a retreat among mainland developers that rallied on Wednesday on optimism the government will support the property market. Tencent Holdings Ltd, Asia’s largest Internet company, surged 5.8% after it posted quarterly profit that beat analyst estimates and a stock split took … Continue reading Electronic Equipment: Sony Corp (ADR) (NYSE:SNE), Apple Inc. (NASDAQ:AAPL), Harman International Industries Inc./DE/ (NYSE:HAR), Skullcandy Inc (NASDAQ:SKUL)
Tech Volatile Stocks: Gogo Inc (NASDAQ:GOGO), Pixelworks, Inc. (NASDAQ:PXLW), Mattson Technology, Inc. (NASDAQ:MTSN), XG Technology Inc (NASDAQ:XGTI)
Gogo Inc (NASDAQ:GOGO) on May 12 announced its financial results for the quarter ended March 31, 2014. The company reported record first quarter revenue of $95.7 million, up 35% year-over-year. Adjusted EBITDA for Q1 2014 was $5.3 million, up 87% from $2.9 million in Q1 2013, driven by strong performance by our CA-NA and BA segments that were partially offset by an increased segment loss … Continue reading Tech Volatile Stocks: Gogo Inc (NASDAQ:GOGO), Pixelworks, Inc. (NASDAQ:PXLW), Mattson Technology, Inc. (NASDAQ:MTSN), XG Technology Inc (NASDAQ:XGTI)
Tech New Lows: MoSys Inc. (NASDAQ:MOSY), ADTRAN, Inc. (NASDAQ:ADTN), Ruckus Wireless Inc (NYSE:RKUS), VimpelCom Ltd (ADR) (NASDAQ:VIP)
MoSys Inc. (NASDAQ:MOSY) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for MOSY broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. MoSys Inc. (NASDAQ:MOSY) stock performance was -5.15% in last session and finished the day at $3.13. Traded volume was … Continue reading Tech New Lows: MoSys Inc. (NASDAQ:MOSY), ADTRAN, Inc. (NASDAQ:ADTN), Ruckus Wireless Inc (NYSE:RKUS), VimpelCom Ltd (ADR) (NASDAQ:VIP)
