Don’t Miss: The Dow Chemical Company (NYSE:DOW), Statoil ASA (NYSE:STO), Exterran Partners, L.P. (NASDAQ:EXLP), Freeport-McMoRan Inc. (NYSE:FCX), Amkor Technology, Inc. (NASDAQ:AMKR)

Technology Stocks News 16

On Nov 21, The Dow Chemical Company (NYSE:DOW) said it agreed to add two directors proposed by hedge fund executive Daniel Loeb to its board, quieting the activist investor who recently renewed his attack on the chemical giant. The Dow Chemical Company (NYSE:DOW) belongs to Basic Materials sector. Its net profit margin is 6.20% and weekly performance is -4.35%. On last trading day company shares ended up $49.24. The Dow Chemical Company (NYSE:DOW) distance from 50-day simple moving average (SMA50) is -0.93%.

ABG Sundal Collier cut shares of Statoil ASA(ADR) (NYSE:STO) to a sell rating in a research report sent to investors on Friday morning.Statoil ASA (NYSE:STO) shares fell -12.96% in last trading session and ended the day at $19.00. STO Gross Margin is 50.70% and its return on assets is 7.70%. Statoil ASA (NYSE:STO) quarterly performance is -32.22%.

On Nov 17, Exterran Partners, L.P. (NASDAQ:EXLP) said it will narrow its business focus by spinning off its international compression services and fabrication businesses, the company announced Monday. The deal will split Exterran Holdings into two separate corporate structures. On one side, dubbed the remaining company, will be a master limited partnership composed of Exterran Partners LP and a new top-level company. On 28 November, Exterran Partners, L.P. (NASDAQ:EXLP) shares fell -4.41% and was closed at $24.72. EXLP EPS growth in last 5 year was -6.00%. Exterran Partners, L.P. (NASDAQ:EXLP) year to date (YTD) performance is -11.56%.

Freeport-McMoRan Inc. (NYSE:FCX) is nearing a settlement of more than $100 million to resolve allegations that the mining company’s board and executives had conflicts of interest while negotiating the company’s $9 billion acquisition of two affiliates that was completed in 2013. Freeport-McMoRan Inc. (NYSE:FCX) belongs to Basic Materials sector. Its net profit margin is 10.20% and weekly performance is -6.02%. On last trading day company shares ended up $26.85. Freeport-McMoRan Inc. (NYSE:FCX) distance from 50-day simple moving average (SMA50) is -11.09%.

On Nov 20, Amkor Technology, Inc. (NASDAQ:AMKR) announced that it will participate in Bank of America Merrill Lynch 2014 Leveraged Finance Conference on Tuesday, December 2, 2014. Amkorā€™s presentation will occur at 8:10 am Eastern Time (5:10 am Pacific Time) at the Boca Raton Resort & Club in Boca Raton, Florida. Amkor Technology, Inc. (NASDAQ:AMKR) shares fell -4.70% in last trading session and ended the day at $6.69. AMKR Gross Margin is 19.30% and its return on assets is 5.00%. Amkor Technology, Inc. (NASDAQ:AMKR) quarterly performance is -35.67%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone