Hot News: Canadian Solar (NASDAQ:CSIQ), Xplore Technologies (NASDAQ:XPLR), Insteel Industries (NASDAQ:IIIN), Bio-Reference Laboratories Inc. (NASDAQ:BRLI), Sangamo Biosciences Inc. (NASDAQ:SGMO)

Technology Stocks News 8

On 13 AUG Canadian Solar Inc. (NASDAQ:CSIQ) reported revenues of $623.77 million, a 33.8% year-over-year (YoY) increase, outperformed the Street’s estimate of $577.67, by 8%. The increase in revenues may be attributed to higher shipments to Germany, Japan, the UK, and the US, as well as higher demand from the utility sector in Canada, which led to higher average selling price (ASP). The company’s solar-module shipments stood at 646 megawatts (MW) at the end of the quarter, increasing 29% on sequentially and 42% YoY. Canadian Solar Inc. (NASDAQ:CSIQ) belongs to Technology sector. Its net profit margin is 2.10% and weekly performance is 30.85%. On last trading day company shares ended up $33.25. Canadian Solar Inc. (NASDAQ:CSIQ) distance from 50-day simple moving average (SMA50) is 21.23%.

On 12 AUG Xplore Technologies Corp. (NASDAQ:XPLR) announced its earnings results on Tuesday. The company reported ($0.07) earnings per share (EPS) for the quarter. The company had revenue of $8.27 million for the quarter, compared to the consensus estimate of $5.87 million. Xplore Technologies Corp. (NASDAQ:XPLR) shares moved down -8.53% in last trading session and ended the day at $4.61. XPLR Gross Margin is 35.70% and its return on assets is -8.60%. Xplore Technologies Corp. (NASDAQ:XPLR) quarterly performance is -15.26%.

On 15 AUG Insteel Industries Inc. (NASDAQ:IIIN) announced that its wholly-owned subsidiary, Insteel Wire Products Company (together referred to as “Insteel” in this press release) has completed the acquisition of substantially all of the assets associated with the prestressed concrete strand (“PC strand”) business of American Spring Wire Corporation (“ASW”) for a purchase price of approximately $36.0 million, subject to certain post-closing adjustments (the “ASW Acquisition”).  On 15 August, Insteel Industries Inc. (NASDAQ:IIIN) shares moved up 1.14% and was closed at $21.24. IIIN EPS growth in last 5 year was -23.50%. Insteel Industries Inc. (NASDAQ:IIIN) year to date (YTD) performance is -6.27%.

Bio-Reference Laboratories Inc. (NASDAQ:BRLI) ended the last trading day at $32.09. Company weekly volatility is calculated as 1.80%and price to cash ratio as 36.31. Bio-Reference Laboratories Inc. (NASDAQ:BRLI) showed a weekly performance of -0.22%.

On 15 AUG Sangamo Biosciences Inc. (NASDAQ:SGMO) CEO Edward O. Lanphier II sold 25,000 shares of Sangamo Biosciences stock on the open market in a transaction dated Friday. The stock was sold at an average price of $13.95, for a total transaction of $348,750.00. Following the sale, the chief executive officer now directly owns 295,000 shares of the company’s stock, valued at approximately $4,115,250. Sangamo Biosciences Inc. (NASDAQ:SGMO) shares remains unchanged in last trading session and ended the day on $14.01. SGMO return on assets is -14.60%. Sangamo Biosciences Inc. (NASDAQ:SGMO) quarterly performance is 7.77%.

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