Large Cap Losers & Gainers: Avago Technologies (NASDAQ:AVGO), EOG Resources Inc (NYSE:EOG), Alcatel Lucent (NYSE:ALU), Twitter Inc (NYSE:TWTR)

Technology Stocks News 3

Avago Technologies Ltd. (NASDAQ:AVGO) entered into a merger agreement with LSI Corp., which became a wholly owned subsidiary of Avago Technologies Ltd. (NASDAQ:AVGO) USA effective last month. Avago Technologies Ltd. (NASDAQ:AVGO)’s acquisition of LSI gives it exposure to enterprise storage and connects it with other Silicon Valley firms. Avago Technologies Ltd (NASDAQ:AVGO) stock performance was 4.81% in last session and finished the day at $67.34. Traded volume was 12.78million shares in the last session and the average volume of the stock remained 2.14million shares. The beta of the stock remained 0.94. Avago Technologies Ltd (NASDAQ:AVGO) insider ownership is 0.30%.

Little wonder that EOG Resources Inc (NYSE:EOG), which generated $2.27B from its operations and spent $1.9B in Q1, its fourth straight cash flow-positive quarter – has one of the highest credit ratings (A-) of any oil and gas driller. EOG Resources Inc (NYSE:EOG) rose 4.41 percent to $103.63 Tuesday on volume of 8.52million shares. The intra-day range of the stock was $101.84 to $106.50. EOG Resources Inc (NYSE:EOG) has a market capitalization of $56.61billion.

Alcatel Lucent SA (ADR) (NYSE:ALU) said that it has completed an upgrade of the Apollo undersea cable system which links the UK and France to the United States. This multiple 100 gigabit per second (Gbit/s) upgrade enhances the system’s capacity in support of the continued global explosion of data traffic and increased demand for capacity-hungry applications such as cloud computing and on-demand video services. Alcatel Lucent SA (ADR) (NYSE:ALU)’s stock on May 6, 2014 reported a increase of 2.31% to the closing price of $3.98. Its fifty two weeks range is $1.31 -$4.68. The total market capitalization recorded $10.97billion. The overall volume in the last trading session was 11.51million shares. In its share capital, ALU has 2.85billion outstanding shares.

Twitter Inc (NYSE:TWTR) and Amazon revealed a new initiative that will theoretically make it easier for someone to shop on Amazon’s digital storefront through Twitter Inc (NYSE:TWTR), all thanks to the hashtag #AmazonCart. The tagline, “Add it now. But it Later” perfectly encapsulates the plan from Amazon and Twitter, as it provides a means for consumers to add an item they see on Twitter Inc (NYSE:TWTR) to their Amazon cart or basket, without ever leaving Twitter Inc (NYSE:TWTR) or opening the Amazon website. On Tuesday, shares of Twitter Inc (NYSE:TWTR) dropped -17.81% to close the day at $31.85. Company return on investment (ROI) is -20.10% and its monthly performance is recorded as -26.17%. Twitter Inc (NYSE:TWTR) quarterly revenue growth is -51.98%.

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