Hot Stocks: Yahoo! Inc. (NASDAQ:YHOO), Twitter Inc (NYSE:TWTR), American Express Company (NYSE:AXP), GNC Holdings (NYSE:GNC), Coca-Cola Enterprises (NYSE:CCE)

Technology Stocks News 11

Yahoo Inc. (NASDAQ:YHOO), whose valuation is partially pinned on its stake in Alibaba Group Holding Ltd., declined after China’s largest e-commerce company reported slower quarterly revenue growth. Yahoo! Inc. (NASDAQ:YHOO) stock performance was -5.77% in last session and finished the day at $34.81. Traded volume was 930.00million shares in the last session and the average volume of the stock remained 21.85million shares. The beta of the stock remained 1.01. Yahoo! Inc. (NASDAQ:YHOO) insider ownership is 0.50%.

Ali Rowghani, the COO of Twitter Inc (NYSE:TWTR), resigned amidst dissidences, conflict of interests and struggles over responsibilities. Rowghani, 41, was keen on controlling TWTR’s product vision and foster corporate development; however, the COO had a series of cold clashes with the CEO, Dick Costolo. The latter wanted to hear the nitty gritty about how each function was being coordinated; in brevity, he asked the COO to report to him! Twitter Inc (NYSE:TWTR) rose 3.04 percent to $38.02 Monday on volume of 335.00million shares. The intra-day range of the stock was $36.44 to $38.17. Twitter Inc (NYSE:TWTR) has a market capitalization of $22.41billion.

American Express Company (NYSE:AXP) has received an average rating of “Hold” from the twenty analysts that are covering the stock, ARN reports. Two research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and ten have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $86.47. American Express Company (NYSE:AXP)’s stock on June 16, 2014 reported a decrease of -0.51% to the closing price of $94.37. Its fifty two weeks range is $71.47 -$95.88. The total market capitalization recorded $9.90billion. The overall volume in the last trading session was 2.80million shares. In its share capital, AXP has 1.06billion outstanding shares.

GNC Holdings Inc (NYSE:GNC) lower after it announced that Michael M. Nuzzo – Executive Vice President & Chief Financial Officer – has tendered his resignation in order to accept an executive position at a private equity funded consumer products company. Nuzzo will remain with the Company at least through July 18, 2014, which will include preparation of its second quarter 2014 earnings release and 10Q, both of which are expected to be issued on the normal schedule in late July or early August. On Monday, shares of GNC Holdings Inc (NYSE:GNC) dropped -2.00% to close the day at $34.26. Company return on investment (ROI) is 14.40% and its monthly performance is recorded as -8.10%.  GNC Holdings Inc (NYSE:GNC) quarterly revenue growth is -23.95%.

On Apr 24, Coca-Cola Enterprises Inc (NYSE:CCE) announced mixed first-quarter 2014 results. Adjusted earnings of 46 cents per share beat the Zacks Consensus Estimate by 4.5%. Earnings increased 17.9% over the prior-year quarter driven by cost control and favorable currency benefits. Revenues, in contrast, fell short of the Zacks Consensus Estimate but grew only 1% year over year due to volumes declines, mainly in Great Britain. However, margins improved once again due to lower operating expenses. Coca-Cola Enterprises Inc (NYSE:CCE) stock performance was 0.31% in last session and finished the day at $44.72. Traded volume was 1.97million shares in the last session and the average volume of the stock remained 2.27million shares. The beta of the stock remained 0.99. Coca-Cola Enterprises Inc (NYSE:CCE) insider ownership is 0.70%.

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