Investor’s Alert: Gerdau S.A. (NYSE:GGB), Alibaba Group Holding Ltd (NYSE:BABA), Kite Pharma, Inc. (NASDAQ:KITE), Mondelez International, Inc. (NASDAQ:MDLZ), Google Inc (NASDAQ:GOOG)

Technology Stocks News 15

Gerdau SA (NYSE:GGB) has been given a “BBB-” credit rating by analysts at Morningstar. The firm’s “BBB-” rating suggests that the company is a moderate default risk. They also gave their stock a three star rating. Gerdau S.A. (NYSE:GGB) belongs to Basic Materials sector. Its net profit margin is 3.60% and weekly performance is -20.90%. On last trading day company shares ended up $2.99. Gerdau S.A. (NYSE:GGB) distance from 50-day simple moving average (SMA50) is -30.72%.

Anti-Beijing protesters chanted outside a high-level business meeting in Taiwan Monday where the founder of China’s e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA) called on the island’s youth to start businesses on the mainland. Alibaba Group Holding Ltd (NYSE:BABA) shares fell -0.39% in last trading session and ended the day at $104.70. BABA Gross Margin is 70.00% and its return on assets is 16.80%.

On Dec. 10, Kite Pharma, Inc. (NASDAQ:KITE), announced the pricing of its follow-on public offering of 3,485,000 shares of its common stock, an increase of 485,000 shares from the number of shares originally offered, at a price to the public of $54 per share. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 522,750 shares of common stock. On 15 December, Kite Pharma, Inc. (NASDAQ:KITE) shares fell -1.62% and was closed at $53.90. Kite Pharma, Inc. (NASDAQ:KITE) year to date (YTD) performance is 85.86%.

The European Commission said that it has opened an in-depth investigation to assess whether a proposed joint venture between coffee manufacturers Douwe Egberts Master Blenders 1753 B.V. or “DEMB” of the Netherlands and Mondelez International, Inc (NASDAQ:MDLZ) of the US was in line with the EU Merger Regulation. Mondelez International, Inc. (NASDAQ:MDLZ) belongs to Consumer Goods sector. Its net profit margin is 9.70% and weekly performance is -4.11%. On last trading day company shares ended up $36.67. Mondelez International, Inc. (NASDAQ:MDLZ) distance from 50-day simple moving average (SMA50) is 0.84%.

Google Inc (NASDAQ:GOOG) is one of the major U.S. corporations researching the power of color in the working world, in everything from workspaces to marketing and branding. Google Inc (NASDAQ:GOOG) shares decreased -0.94% in last trading session and ended the day at $513.80. Google Inc (NASDAQ:GOOG) quarterly performance is -11.41%.

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