Keep Eyes on: Office Depot, Inc. (NASDAQ:ODP), Pfizer Inc. (NYSE:PFE), L-3 Communications Holdings Inc. (NYSE:LLL), MGP Ingredients Inc. (NASDAQ:MGPI), Xerox Corporation (NYSE:XRX)

Technology Stocks News 2

BB&T Corp. upgraded shares of Office Depot (NYSE:ODP) from a hold rating to a buy rating in a report released on Tuesday. BB&T Corp. currently has $11.00 price objective on the stock. Office Depot, Inc. (NASDAQ:ODP) belongs to Services sector. Its net profit margin is -2.60% and weekly performance is 11.27%. On last trading day company shares ended up $8.39. Office Depot, Inc. (NASDAQ:ODP) distance from 50-day simple moving average (SMA50) is 38.01%.

Pfizer Inc. (NYSE:PFE) said a study of its pregabalin controlled-release treatment showed patients taking it for nerve pain showed improvement compared with those who took a placebo. This study was the last of three Phase 3 clinical studies of pregabalin, which is marketed as Lyrica and is one of Pfizer’s best-selling drugs. Pfizer Inc. (NYSE:PFE) shares advanced 2.73% in last trading session and ended the day at $31.97. PFE Gross Margin is 80.90% and its return on assets is 18.70%. Pfizer Inc. (NYSE:PFE) quarterly performance is 6.07%.

On Dec. 16, L-3 Communications (NYSE:LLL) announced that it has entered into a definitive agreement with Wärtsilä Corporation to sell its Marine Systems International (L-3 MSI) business. The transaction is anticipated to be completed in the second quarter of 2015, subject to customary closing conditions and regulatory approvals. On 18 December, L-3 Communications Holdings Inc. (NYSE:LLL) shares advanced 3.41% and was closed at $126.05. LLL EPS growth in last 5 year was 2.10%. L-3 Communications Holdings Inc. (NYSE:LLL) year to date (YTD) performance is 20.48%.

MGP Ingredients (NASDAQ:MGPI) CEO Augustus C. Griffin acquired 9,000 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, December 16th. The shares were purchased at an average cost of $15.95 per share, with a total value of $143,550.00. MGP Ingredients Inc. (NASDAQ:MGPI) ended the last trading day at $15.76. Company weekly volatility is calculated as 3.43%. MGP Ingredients Inc. (NASDAQ:MGPI) showed a weekly performance of -3.90%.

French multinational IT services company Atos SE agreed Thursday to acquire the information technology outsourcing (ITO) business of printer and copier maker Xerox Corp. (NYSE:XRX) for $1.05 billion in cash. The deal also call for an additional consideration of $50 million subject to the condition of certain assets at closing. Xerox Corporation (NYSE:XRX) belongs to Technology sector. Its net profit margin is 5.20% and weekly performance is 0.87%. On last trading day company shares ended up $13.89. Xerox Corporation (NYSE:XRX) distance from 50-day simple moving average (SMA50) is 4.33%.

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