Hot News: Clovis Oncology (NASDAQ:CLVS), Nokia Corporation (ADR) (NYSE:NOK), Key Technology (NASDAQ:KTEC), The First Bancorp (NASDAQ:FNLC), Capital One Financial (NYSE:COF)

Technology Stocks News 16

Leerink Swann initiated coverage on shares of Clovis Oncology (NASDAQ:CLVS) in a research report released on Friday morning. The firm issued an outperform rating and a $100.00 price objective on the stock. Clovis Oncology, Inc. (NASDAQ:CLVS) belongs to Healthcare sector. Its weekly performance is 11.49%. On last trading day company shares ended up $48.61. Clovis Oncology, Inc. (NASDAQ:CLVS) distance from 50-day simple moving average (SMA50) is 20.42%.

Nokia Co. (NYSE:NOK) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued on Thursday.  Nokia Corporation (ADR) (NYSE:NOK) shares decreased -0.97% in last trading session and ended the day at $8.14. NOK Gross Margin is 43.70% and its return on assets is 6.60%. Nokia Corporation (ADR) (NYSE:NOK) quarterly performance is 9.56%.

On 27 August, Key Technology, Inc. (NASDAQ:KTEC) shares decreased -1.22% and was closed at $12.99. KTEC EPS growth in last 5 year was -12.60%. Key Technology, Inc. (NASDAQ:KTEC) year to date (YTD) performance is -9.35%.

First Bancorp (FBNC), the parent company of First Bank, announced today the closure and consolidation of ten of its branches across North Carolina, South Carolina and Virginia (The specific branches are listed in Exhibit I). All branches will be consolidated with other First Bank branches near the closing locations and have at least one receiving branch less than 10 miles away. The First Bancorp, Inc. (NASDAQ:FNLC) ended the last trading day at $16.80. Company weekly volatility is calculated as 1.00%and price to cash ratio as 5.21. The First Bancorp, Inc. (NASDAQ:FNLC) showed a weekly performance of 0.78%.

Shares of Capital One Financial Corp. (NYSE:COF) have received a consensus recommendation of “Buy” from the twenty-three brokerages that are presently covering the stock. Five investment analysts have rated the stock with a hold recommendation, fourteen have given a buy recommendation and one has assigned a strong buy recommendation to the company.  Capital One Financial Corporation (NYSE:COF) shares increased 0.20% in last trading session and ended the day on $81.96. COF return on assets is 1.40%. Capital One Financial Corporation (NYSE:COF) quarterly performance is 4.51%.

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