Market Alert: Emerson Electric Co. (NYSE:EMR), Oasis Petroleum Inc. (NYSE:OAS), Forrester Research Inc. (NASDAQ:FORR), RPX Corporation (NASDAQ:RPXC), Lennox International, Inc. (NYSE:LII)

Technology Stocks News 11

Emerson Electric Co. (NYSE:EMR) is nearing a deal to sell its power transmission solutions business to Regal Beloit Corp., according to people familiar with the matter. A deal would value the business at more than $1.2 billion, one of the people said. Emerson Electric Co. (NYSE:EMR) belongs to Industrial Goods sector. Its net profit margin is 8.80% and weekly performance is -9.94%. On last trading day company shares ended up $58.43. Emerson Electric Co. (NYSE:EMR) distance from 50-day simple moving average (SMA50) is -6.86%.

On Dec 10, Oasis Petroleum Inc. (NYSE:OAS) announced preliminary 2015 capex plans, showing it will sharply reduce spending as oil prices continue to fall. The company pegged capex at $750 million to $850 million for the year. That compares with the $1.425 billion set aside in 2014, according to analysts at Topeka Capital Markets. The company is planning to invest $650 million to $750 million in drilling and completion activity for annual production growth of 5% to 10%. Oasis Petroleum Inc. (NYSE:OAS) shares increased 11.58% in last trading session and ended the day at $12.33. OAS Gross Margin is 76.40% and its return on assets is 7.70%. Oasis Petroleum Inc. (NYSE:OAS) quarterly performance is -73.30%.

On Dec 10, internet companies have intensified the competition in China, digitally disrupting every industry with new business and delivery models. A new Forrester Research, Inc. (NASDAQ:FORR) report identifies the top ten technology management priorities for China-based CIOs in 2015 that will help transform their organizations into customer-obsessed digital enterprises (CODE). On 12 December, Forrester Research Inc. (NASDAQ:FORR) shares decreased -1.96% and was closed at $39.61. FORR EPS growth in last 5 year was -13.20%. Forrester Research Inc. (NASDAQ:FORR) year to date (YTD) performance is 5.29%.

On Dec 08, RPX Corporation (NASDAQ:RPXC) announced that Robert Heath, currently the Company’s Senior Vice President, Corporate Development, will assume the role of Chief Financial Officer. Ned Segal, the Company’s current Chief Financial Officer, has resigned effective mid-January. RPX Corporation (NASDAQ:RPXC) ended the last trading day at $13.01. Company weekly volatility is calculated as 3.77% and price to cash ratio as 2.32. RPX Corporation (NASDAQ:RPXC) showed a weekly performance of -4.34%.

The board of directors of Lennox International Inc. (NYSE:LII) voted to declare a quarterly cash dividend of $0.30 per share of common stock. The dividend is payable on January 15, 2015, to stockholders of record as of December 31, 2014. Lennox International, Inc. (NYSE:LII) shares decreased -1.19% in last trading session and ended the day at $92.42. LII Gross Margin is 26.80% and its return on assets is 10.80%. Lennox International, Inc. (NYSE:LII) quarterly performance is 15.89%.

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