Big Movers : Baidu Inc (ADR) (NASDAQ:BIDU), American International Group (NYSE:AIG), Williams-Sonoma Inc. (NYSE:WSM), Liberty Tax (NASDAQ:TAX), Tenneco Inc. (NYSE:TEN)

Technology Stocks News 8

Chinese Internet search giant Baidu Inc (ADR) (NASDAQ:BIDU) announced late Tuesday the appointment of Ya-Qin Zhang as president, in charge of new business, effective immediately. Zhang will report to Robin Li, Baidu’s chairman and chief executive officer. Baidu Inc (ADR) (NASDAQ:BIDU) belongs to Technology sector. Its net profit margin is 29.70% and weekly performance is -2.98%. On last trading day company shares ended up $220.68. Baidu Inc (ADR) (NASDAQ:BIDU) distance from 50-day simple moving average (SMA50) is 5.75%.

American International Group, Inc. (NYSE:AIG) was initiated with a “buy” rating and $68 price target at Citigrou . American International Group, Inc. (NYSE:AIG) shares increased 0.49% in last trading session and ended the day at $55.35. AIG’s return on assets is 1.60%. American International Group, Inc. (NYSE:AIG) quarterly performance is 1.26%.

Williams-Sonoma Inc. (NYSE:WSM) had its price target raised by analysts at Canaccord Genuity from $65.00 to $67.00. They now have a “hold” rating on the stock. On 10 September, Williams-Sonoma Inc. (NYSE:WSM) shares increased 1.73% and was closed at $66.03. WSM EPS growth in last 5 year was 58.70%. Williams-Sonoma Inc. (NYSE:WSM) year to date (YTD) performance is 14.56%.

On August 29, Virginia Beach-based Liberty Tax Inc. said Thursday that its fiscal first-quarter loss grew from the same period last year, largely because of an increase in staffing as it prepares for expected growth in the next tax season. Liberty Tax, Inc. (NASDAQ:TAX) ended the last trading day at $33.73. Company weekly volatility is calculated as 2.40%and price to cash ratio as 8.64. Liberty Tax, Inc. (NASDAQ:TAX) showed a weekly performance of -0.06%.

Tenneco Inc. (NYSE: TEN), a global vehicle parts supplier, announced plans to locate a new Clean Air facility here, creating up to 253 new jobs by 2017. The Lake Forest, Ill.-based company will lease, upgrade and equip a 150,000 square-foot facility at the America Place Business Park at the River Ridge Commerce Center in Jeffersonville. With building improvements currently underway, Tenneco expects to begin its Jeffersonville operations by January 2015, producing emission control products such as catalytic converters and clean air systems for customers including Ford and General Motors. Tenneco Inc. (NYSE:TEN) shares decreased -0.83% in last trading session and ended the day on $62.15. TEN Gross Margin is 16.10% and its return on assets is 4.70%. Tenneco Inc. (NYSE:TEN) quarterly performance is -6.06%.

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