Big Moves in Focus: Qihoo 360 Technology (NYSE:QIHU), HEICO Corporation (NYSE:HEI-A), First Acceptance (NYSE:FAC), Twitter Inc (NYSE:TWTR), Whiting USA Trust II (NYSE:WHZ)

Technology Stocks News 14

Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) announced it has formed a strategic partnership with Coolpad Group Limited (“Coolpad”) (HKSE: 2369), a leading smartphone company in China, through investing $409.05 million in cash to take a 45% stake in a joint venture with Coolpad (the “JV”). Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) belongs to Technology sector. Its net profit margin is 15.00% and weekly performance is -9.68%. On last trading day company shares ended up $55.52. Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) distance from 50-day simple moving average (SMA50) is -17.89%.

HEICO CORPORATION (NYSE:HEI-A) reported that net income increased 18% to a record $121.3 million, or $1.80 per diluted share, up from $102.4 million, or $1.53 per diluted share, in the fiscal year ended October 31, 2013. Net income per diluted share increased 9% to 48 cents on $32.1 million of net income in the fourth quarter of fiscal 2014, up from 44 cents on $29.8 million of net income in the fourth quarter of fiscal 2013. HEICO Corporation (NYSE:HEI-A) shares moved up 5.07% in last trading session and ended the day at $46.60. HEICO Corporation (NYSE:HEI-A) quarterly performance is 11.22%.

A.M. Best has affirmed the financial strength rating (FSR) of B (Fair) and the issuer credit ratings (ICR) of “bb+” of the subsidiaries of , First Acceptance Corp. (NYSE:FAC) (collectively referred to as First Acceptance ) (Delaware) [NYSE:FAC]. On 16 December, First Acceptance Corp. (NYSE:FAC) shares moved down -3.66% and was closed at $2.37. FAC EPS growth in last 5 year was 16.60%. First Acceptance Corp. (NYSE:FAC) year to date (YTD) performance is 4.41%.

Twitter Inc. (NYSE:TWTR) Chief Executive Officer Dick Costolo’s family trusts have sold off the last shares of the company he leads. Twitter Inc (NYSE:TWTR) belongs to Technology sector. Its net profit margin is -82.60% and weekly performance is -5.18%. On last trading day company shares ended up $35.13. Twitter Inc (NYSE:TWTR) distance from 50-day simple moving average (SMA50) is -18.84%.

Shares of Whiting USA Trust II (NYSE:WHZ) hit a new 52-week low during trading on Tuesday , Analyst Ratings Network.com reports. Whiting USA Trust II (NYSE:WHZ) shares moved up 1.82% in last trading session and ended the day at $6.16. WHZ return on assets is 41.10%. Whiting USA Trust II (NYSE:WHZ) quarterly performance is -47.62%.

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