Fast Moving Stocks : Exelon Corporation (NYSE:EXC), Schlumberger Limited (NYSE:SLB), MV Oil Trust (NYSE:MVO), SolarCity Corporation (NASDAQ:SCTY), Cover-All Technologies Inc. (NYSEMKT:COVR)

Technology Stocks News 5

On Oct 08, The Virginia State Corporation Commission (SCC) yesterday approved the proposed merger of Exelon Corporation (NYSE:EXC) and Pepco Holdings Inc. (NYSE:POM). The companies announced their proposed merger on April 30. Exelon Corporation (NYSE:EXC) belongs to Utilities sector. Its net profit margin is 7.10% and weekly performance is -5.30%. On last trading day company shares ended up $33.93. Exelon Corporation (NYSE:EXC) distance from 50-day simple moving average (SMA50) is 2.09%.

Bank of America restated their buy rating on shares of Schlumberger Limited. (NYSE:SLB) in a research note issued to investors on Monday. The firm currently has a $127.00 price target on the stock, down from their previous price target of $133.00. Schlumberger Limited (NYSE:SLB) shares advanced 0.28% in last trading session and ended the day at $89.21. SLB Gross Margin is 22.70% and its return on assets is 9.80%. Schlumberger Limited (NYSE:SLB) quarterly performance is -21.90%.

On Oct 03, MV Oil Trust (NYSE:MVO) announced the Trust distribution of net profits for the third quarterly payment period ended September 30, 2014. Unitholders of record on October 14, 2014 will receive a distribution amounting to $10,292,500 or $0.895 per unit payable October 24, 2014. On 15 October, MV Oil Trust (NYSE:MVO) shares fell -3.55% and was closed at $20.36. MVO EPS growth in last 5 year was 12.20%. MV Oil Trust (NYSE:MVO) year to date (YTD) performance is -2.40%.

SolarCity (SCTY: Quote), a provider of solar energy systems, Wednesday launched the nation’s first registered public offering of solar bonds. The company filed a registration statement with the Securities and Exchange Commission to issue up to $200 million in solar bonds initially, and launched a new online investment site to make them available directly to consumers. SolarCity Corporation (NASDAQ:SCTY) belongs to Technology sector. Its net profit margin is -21.30% and weekly performance is -13.47%. On last trading day company shares ended up $48.87. SolarCity Corporation (NASDAQ:SCTY) distance from 50-day simple moving average (SMA50) is -25.84%.

On Cover-All Technologies Inc. (NYSEMKT:COVR) announced that its policy management system for property and casualty (P/C) insurance companies, Cover-All Policy, was recently awarded Best-in-Class for User Experience in a CEB TowerGroup analyst report evaluating insurance policy systems. Cover-All Technologies Inc. (NYSEMKT:COVR) shares fell -1.70% in last trading session and ended the day at $1.14. COVR Gross Margin is 35.40% and its return on assets is -9.20%. Cover-All Technologies Inc. (NYSEMKT:COVR) quarterly performance is -7.29%.

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