Keep Eyes on: ONEOK Inc. (NYSE:OKE), Marvell Technology Group Ltd. (NASDAQ:MRVL), Apache Corp. (NYSE:APA), Harbinger Group Inc. (NYSE:HRG), CIRCOR International, Inc. (NYSE:CIR)

Technology Stocks News 5

The board of directors of ONEOK, Inc. (NYSE: OKE) increased ONEOK’s quarterly cash dividend by 1.5 cents per share, or 3 percent, to 60.5 cents per share, effective for the fourth quarter 2014, resulting in an annualized cash dividend of $2.42 per share. The dividend is payable Feb. 13, 2015, to shareholders of record at the close of business Jan. 30, 2015. ONEOK Inc. (NYSE:OKE) belongs to Utilities sector. Its net profit margin is 2.30% and weekly performance is -5.47%. On last trading day company shares ended up $42.32. ONEOK Inc. (NYSE:OKE) distance from 50-day simple moving average (SMA50) is -17.81%.

Marvell Technology Group (NASDAQ:MRVL)‘s stock had its “hold” rating reiterated by research analysts at FBR Capital Markets in a report released on Monday. They currently have a $19.00 price objective on the stock. FBR Capital Markets’ target price suggests a potential upside of 19.35% from the company’s current price. Marvell Technology Group Ltd. (NASDAQ:MRVL) shares fell -1.27% in last trading session and ended the day at $15.51. MRVL Gross Margin is 49.70% and its return on assets is 7.90%. Marvell Technology Group Ltd. (NASDAQ:MRVL) quarterly performance is 30.89%.

Oil and gas producer Apache Corp. (NYSE:APA) is laying off about 250 workers this week, the Wall Street Journal reported Wednesday. The workforce reduction reportedly amounts to about 5 percent of the company’s staff and is one of the first by an American oil producer amid the fall in crude oil prices. Apache Corp. (NYSE:APA) belongs to Basic Materials sector. Its net profit margin is -2.90% and weekly performance is 1.59%. On last trading day company shares ended up $59.53. Apache Corp. (NYSE:APA) distance from 50-day simple moving average (SMA50) is -9.96%.
Spectrum Brands Holdings (NYSE:SPB) Insider Harbinger Group Inc. (NYSE:HRG) bought 24,087 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was purchased at an average cost of $95.68 per share, for a total transaction of $2,304,644.16. Harbinger Group Inc. (NYSE:HRG) ended the last trading day at $13.53. Company weekly volatility is calculated as 2.15% and price to cash ratio as 2.06. Harbinger Group Inc. (NYSE:HRG) showed a weekly performance of 0.22%.

On Jan. 6, CIRCOR International, Inc. (NYSE: CIR), announced the divestiture of two of its non-strategic businesses. Terms were not disclosed. CIRCOR International, Inc. (NYSE:CIR) shares fell -8.38% in last trading session and ended the day at $49.44. CIR Gross Margin is 30.40% and its return on assets is 8.70%. CIRCOR International, Inc. (NYSE:CIR) quarterly performance is -19.91%.

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