Big Movers : Exelon Corporation (NYSE:EXC), The Coca-Cola (NYSE:KO), East West Bancorp (NASDAQ:EWBC), Penn West Petroleum Ltd. (NYSE:PWE), Linn Energy, LLC (NASDAQ:LINE)

Technology Stocks News 16

Shares of Exelon (NYSE:EXC) have earned an average recommendation of “Hold” from the twenty-one brokerages that are presently covering the company. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $32.35. Exelon Corporation (NYSE:EXC) belongs to Utilities sector. Its net profit margin is 7.10% and weekly performance is 2.24%. On last trading day company shares ended up $33.78. Exelon Corporation (NYSE:EXC) distance from 50-day simple moving average (SMA50) is 4.12%.

The Coca-Cola Co. on Wednesday urged an Alabama magistrate judge to rethink his recommendation keeping alive a proposed Telephone Consumer Protection Act class action over several allegedly unsolicited text messages, arguing that the plaintiff had agreed to the exchange by sending the initiating message.The Coca-Cola Company (NYSE:KO) shares advanced 0.43% in last trading session and ended the day at $41.79. KO Gross Margin is 61.00% and its return on assets is 9.10%. The Coca-Cola Company (NYSE:KO) quarterly performance is 1.28%.

Cambodian refugee couple won a $39-million jury verdict against East West Bank in their lawsuit alleging that the Pasadena lender breached a contract for financing a commercial development in Rancho Cucamonga. On 18 September, East West Bancorp, Inc. (NASDAQ:EWBC) shares advanced 1.22% and was closed at $35.24. EWBC EPS growth in last 5 year was 33.50%. East West Bancorp, Inc. (NASDAQ:EWBC) year to date (YTD) performance is 1.82%.

Penn West Petroleum (NYSE:PWE) issued its quarterly earnings data on Thursday. The company reported $0.29 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.06 by $0.23. The company had revenue of $650.00 million for the quarter, compared to the consensus estimate of $630.60 million. During the same quarter last year, the company posted ($0.08) earnings per share. Penn West Petroleum’s revenue was down 12.8% compared to the same quarter last year. Penn West Petroleum Ltd. (NYSE:PWE) ended the last trading day at $7.62. Penn West Petroleum Ltd. (NYSE:PWE) showed a weekly performance of 6.28%.

Linn Energy of Houston, already the largest natural gas producer in Kansas, has completed the purchase of Pioneer Natural Resources’ natural gas assets in southwestern Kansas’ Hugoton Field for $340 million. Linn Energy has aggressively expanded its natural gas operations in Kansas since 2011 and last year took over as the state’s largest gas producer, with 30.6 million Mcf, a standard measure of gas. Linn Energy, LLC (NASDAQ:LINE) belongs to Basic Materials sector. Its net profit margin is -45.50% and weekly performance is -0.10%. On last trading day company shares ended up $31.24. Linn Energy, LLC (NASDAQ:LINE) distance from 50-day simple moving average (SMA50) is 1.35%.

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