Active Stocks :Cisco Systems, Inc. (NASDAQ:CSCO), Groupon, Inc. (NASDAQ:GRPN), Snyder’s-Lance, Inc. (NASDAQ:LNCE), BlackRock Kelso Capital Corporation (NASDAQ:BKCC), Gladstone Land Corporation (NASDAQ:LAND)

Technology Stocks News 15

Shares of Cisco Systems, Inc. (NASDAQ:CSCO) fell in morning trading Monday after the networking company announced Marc Benioff, chairman and CEO of Salesforce.com (CRM) , would step down from Cisco’s board of directors in November. Cisco Systems, Inc. (NASDAQ:CSCO) belongs to Technology sector. Its net profit margin is 16.70% and weekly performance is 0.44%. On last trading day company shares ended up $25.06. Cisco Systems, Inc. (NASDAQ:CSCO) distance from 50-day simple moving average (SMA50) is -0.51%.

On Sep 09, Groupon, Inc. (NASDAQ:GRPN) announced its integration with Apple Pay, a new mobile payments service that will provide an easy, secure and private way to make purchases from the Groupon app on iPhone 6 and iPhone 6 Plus. Groupon is one of the first mobile commerce companies to announce integration with Apple Pay, and the new payment option will be available to customers beginning in October. Groupon, Inc. (NASDAQ:GRPN) shares fell -2.93% in last trading session and ended the day at $6.95. GRPN Gross Margin is 52.70% and its return on assets is -6.90%. Groupon, Inc. (NASDAQ:GRPN) quarterly performance is 11.74%.

Snyders-Lance (NASDAQ:LNCE) VP Margaret E. Wicklund unloaded 1,000 shares of the company‚Äôs stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $28.00, for a total value of $28,000.00. Following the transaction, the vice president now directly owns 912 shares in the company, valued at approximately $25,536. On 15 September, Snyder’s-Lance, Inc. (NASDAQ:LNCE) shares fell -0.43% and was closed at $27.70. LNCE EPS growth in last 5 year was 13.70%. Snyder’s-Lance, Inc. (NASDAQ:LNCE) year to date (YTD) performance is -1.60%.

Citigroup Inc. reaffirmed their neutral rating on shares of Blackrock Kelso Capital Corp. (NASDAQ:BKCC) in a report released on Thursday morning. Citigroup Inc. currently has a $9.50 price objective on the stock, down from their previous price objective of $10.00. BlackRock Kelso Capital Corporation (NASDAQ:BKCC) ended the last trading day at $9.18. Company weekly volatility is calculated as 1.26% and price to cash ratio as 8.80. BlackRock Kelso Capital Corporation (NASDAQ:BKCC) showed a weekly performance of -1.29%.

On Sep 10, 2014, Gladstone Land Corporation (NASDAQ:LAND) announced that it recently filed its 2013 tax return with the IRS, on which it elected to be taxed as a real estate investment trust (“REIT”) for federal income tax purposes. The tax election to be treated as a REIT is effective retroactively in the tax year such election is made. As a result, this election makes the Company a REIT effective as of January 1, 2013. Gladstone Land Corporation (NASDAQ:LAND) shares fell -1.80% in last trading session and ended the day at $13.13. LAND Gross Margin is 84.60% and its return on assets is -1.80%. Gladstone Land Corporation (NASDAQ:LAND) quarterly performance is 11.65%.

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