Investors Are Watching: EMC Corporation (NYSE:EMC), Cliffs Natural Resources Inc. (NYSE:CLF), Sanderson Farms, Inc. (NASDAQ:SAFM), Albany Molecular Research Inc. (NASDAQ:AMRI), PAA

Technology Stocks News 16

On Oct 28, Spanning Cloud Apps, Inc., the most trusted provider of data backup and recovery for cloud applications, today announced that it has been acquired by EMC Corporation (NYSE:EMC). The company will continue to operate under the Spanning® Cloud Apps brand in Austin, Texas and will be the foundation of EMC’s “born-in-the-cloud” data protection strategy in its Core Technologies Division. Terms of the acquisition were not disclosed. EMC Corporation (NYSE:EMC) belongs to Technology sector. Its net profit margin is 12.40% and weekly performance is 1.36%. On last trading day company shares ended up $29.12. EMC Corporation (NYSE:EMC) distance from 50-day simple moving average (SMA50) is 1.57%.

Cliffs Natural Resources (NYSE:CLF) was upgraded by analysts at Macquarie from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Wednesday, TheFlyOnTheWall.com reports. The firm currently has a $18.00 target price on the stock. Cliffs Natural Resources Inc. (NYSE:CLF) shares advanced 5.98% in last trading session and ended the day at $11.17. CLF Gross Margin is 11.90% and its return on assets is -53.80%. Cliffs Natural Resources Inc. (NYSE:CLF) quarterly performance is -38.05%.

Sanderson Farms, Inc. (NASDAQ: SAFM) announced that management will participate in the Goldman Sachs U.S. Emerging/SMID Cap Growth Conference to be held November 20, 2014, at The New York Marriott Marquis in New York City. On 07 November, Sanderson Farms, Inc. (NASDAQ:SAFM) shares moved down -3.04% and was closed at $84.81. SAFM EPS growth in last 5 year was 36.10%. Sanderson Farms, Inc. (NASDAQ:SAFM) year to date (YTD) performance is 19.10%.

Albany Molecular Research Inc. (NASDAQ:AMRI) on Nov 05, reported a loss of $8.6 million in its third quarter. On a per-share basis, the Albany, New York-based company said it had a loss of 27 cents. Losses, adjusted for non-recurring costs and restructuring costs, came to 2 cents per share. Albany Molecular Research Inc. (NASDAQ:AMRI) ended the last trading day at $16.84. Company weekly volatility is calculated as 8.98% and price to cash ratio as 4.19. Albany Molecular Research Inc. (NASDAQ:AMRI) showed a weekly performance of -27.60%.

Plains All American Pipeline, L.P. (NYSE:PAA) said Nov 6, it has agreed to buy Occidental Petroleum Corp. ’s 50% stake in BridgeTex Pipeline Company LLC for $1.075 billion. BridgeTex is the owner of a 300,000-barrel-a-day crude oil pipeline running from the Permian Basin to the Houston Gulf Coast area. Plains All American Pipeline, L.P. (NYSE:PAA) shares advanced 3.53% in last trading session and ended the day at $54.28. PAA Gross Margin is 5.20% and its return on assets is 3.70%. Plains All American Pipeline, L.P. (NYSE:PAA) quarterly performance is -4.65%.

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