Big Movers : NVIDIA (NASDAQ:NVDA), First Solar (NASDAQ:FSLR), EnLink Midstream Partners (NYSE:ENLK), Peoples Bancorp Inc. (NASDAQ:PEBO), Gerdau S.A. (NYSE:GGB)

Technology Stocks News 19

A subsidiary of NVIDIA Corporation (NASDAQ:NVDA), Icera, has reportedly sought the intervention of the European antitrust organ while accusing QUALCOMM (QCOM) of anti-competitive practices. Icera is a British cellphone chip manufacturer. It claims that Qualcomm is using patent incentives and other pricing strategies to deny it business. NVIDIA Corporation (NASDAQ:NVDA) belongs to Technology sector. Its net profit margin is 12.00% and weekly performance is 1.94%. On last trading day company shares ended up $19.45. NVIDIA Corporation (NASDAQ:NVDA) distance from 50-day simple moving average (SMA50) is 4.66%.

Tag Pacific Limited (ASX:TAG) has won a solar power construction contract for Rio Tinto’s Alcan Weipa bauxite mine in Queensland. The energy investment company signed the contract with First Solar, Inc. (NASDAQ:FSLR) to build the 1.7MW solar farm at a cost of $4 million. First Solar, Inc. (NASDAQ:FSLR) shares increased 0.77% in last trading session and ended the day at $69.68. FSLR Gross Margin is 25.00% and its return on assets is 5.60%. First Solar, Inc. (NASDAQ:FSLR) quarterly performance is 11.13%.

EnLink Midstream Partners and EnLink Midstream Partners, LP (NYSE:ENLK) have unveiled plans to build a new 45-mile condensate pipeline in the Ohio River Valley, US. Plans also include the construction of six natural gas compression and condensate stabilisation facilities in Noble, Belmont and Guernsey counties. On 29 August, EnLink Midstream Partners, LP (NYSE:ENLK) shares increased 0.26% and was closed at $30.99. ENLK EPS growth in last 5 year was 4.20%. EnLink Midstream Partners, LP (NYSE:ENLK) year to date (YTD) performance is 16.55%.

On August 4, 2014, Peoples Bancorp Inc. (NASDAQ:PEBO), parent company of Peoples Bank, National Association (collectively with Peoples Bancorp Inc, “Peoples”), and NB&T Financial Group, Inc. (NASDAQ: NBTF), the parent company of Wilmington, Ohio-based The National Bank and Trust Company (“NB&T”), jointly announced the signing of a definitive merger agreement under which Peoples will acquire NB&T Financial Group, Inc. Peoples Bancorp Inc. (NASDAQ:PEBO) ended the last trading day at $23.97. Company weekly volatility is calculated as 2.92%and price to cash ratio as 3.46. Peoples Bancorp Inc. (NASDAQ:PEBO) showed a weekly performance of -1.36%.

Gerdau S.A. (NYSE:GGB)‘s stock had its “neutral” rating reaffirmed by Zacks in a note issued to investors on Aug. 21. They currently have a $6.00 price objective on the stock. Gerdau S.A. (NYSE:GGB) shares increased 0.35% in last trading session and ended the day on $5.79. GGB Gross Margin is 13.10% and its return on assets is 3.10%. Gerdau S.A. (NYSE:GGB) quarterly performance is -2.20%.

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