Top Tech. Stock Movers (MOT, ALU, NOK)
Motorola, Inc. (NYSE:MOT) added 0.97% to $8.31. The 52-week range of the stock is $6.04-$8.74. Motorola, Inc. provides technologies, products and services for mobile phones. Its portfolio includes wireless handsets, wireless accessories, digital entertainment devices, set-top boxes and video distribution systems, analog and digital two-way radios, wireless and wireline broadband network products, and end-to-end enterprise [...]
Tech Stocks In Focus (CSCO, MSFT, INTC, MOT)
Cisco Systems, Inc. (NASDAQ:CSCO) dropped 0.51% to $20.05. The 52-week range of the stock is $19.82-$27.74. The stock went down more than 16% year-to-date. The stock has average daily volume of 68.83 million shares. At current market price, the market capitalization of the company stands at $111.97 billion. Microsoft Corporation (NASDAQ:MSFT) fell 0.19% to $26.22. [...]
Top Communications Stocks Sowing Mixed Reaction (CSCO, LVLT, ALU, MOT)
Cisco Systems, Inc. (NASDAQ:CSCO) plunged 14.99% to $20.81 on an unusual volume of 238.74 million shares compared to a daily average trading of 45.87 million shares. Cisco felt the painful pinch of government budget cuts and crimped cable TV box demand and slashed its full year sales outlook $1 billion below street estimates. It announced [...]
Top Communication Equipment Stocks Movers (ALU, MOT, JDSU, NOK)
Alcatel-Lucent (ADR) (NYSE:ALU) slid 2.74% to $3.19 on a volume of 14.23 million shares after today it was downgraded by Bernstein from “market perform” to “underperform.” Over the past 52-weeks, the stock traded within the range of $2.25-$4.00. The stock has decreased 8.27% in the last one week trade and plunged 3.92% in this year. [...]
Major Tech. Stocks Rallying (MOT, SVR, RITT, KEM)
Motorola, Inc. (NYSE:MOT) spurted 3.46% to $8.37 on an unusual volume of 45.66 million share. The company reported net income of $109 million, or 5 cents a share, compared to net income of $12 million, or a penny a share, for the same period the previous year. Revenue grew 6% to $5.8 billion. Analysts were [...]
Today`s Notable Earnings (XOM, MOT, EK)
Exxon Mobil Corporation (NYSE:XOM) added 1.36% to $66.56. The company said Thursday its third-quarter net income rose 55% to $7.35 billion, or $1.44 a share, from $4.73 billion, or 98 cents a share, in the year-ago period. Exxon Mobil bought back $3 billion in stock during the quarter. Capital and exploration spending rose 35% to [...]
Communication Equipment Stocks Closed Lower (CIEN, MOT, NOK, QCOM)
Ciena Corporation (NASDAQ:CIEN) dropped 2.68% to $14.50 on about 12.46 million shares. Earlier this week, the company announced that it has priced an offering of $320 million aggregate principal amount of its Convertible Senior Notes due 2018 to be sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as [...]
Notable Communications Equipment Stocks Gainers (NOK, MOT, GLW, ALU)
Nokia Corporation (ADR) (NYSE:NOK) advanced 1.62% to $10.64 on a volume of 16.58 million shares. Dow Jones reported that Nokia Siemens Networks, a joint venture between Nokia Oyj and Siemens AG, announced that its previously announced USD 7 billion network outsourcing deal with the United States-based broadband network venture LightSquared has now been approved by [...]