Market Movers – Brinker International, Inc. (NYSE:EAT), Central Pacific Financial Corp. (NYSE:CPF), Dex Media Inc (NASDAQ:DXM) , SFX Entertainment Inc (NASDAQ:SFXE)

Technology Stocks News 1

In a report published Friday, Wunderlich Securities analyst Robert M. Derrington downgraded the rating on Brinker International (NYSE:EAT) from Buy to Hold, and lowered the price target from $56.00 to $52.00. Brinker International, Inc. (NYSE:EAT) stock performance was -3.48% in last session and finished the day at $45.99. Traded volume was 2.23million shares in the last session and the average volume of the stock remained 739.64K shares. The beta of the stock remained 0.91. Brinker International, Inc. (NYSE:EAT) insider ownership is 0.50%.

John Dean, CEO of Central Pacific Financial Corp. (NYSE:CPF) and Saedene Ota, who owns a strategic design firm and a clothing company, resigned last month because of the legislation, Senate Bill 2683, which Abercrombie allowed to become law, effective July 1, without his signature. Central Pacific Financial Corp. (NYSE:CPF) dropped -0.10 percent to $19.69 Friday on volume of 74.92K shares. The intra-day range of the stock was $19.46 to $19.79. Central Pacific Financial Corp. (NYSE:CPF) has a market capitalization of $707.66million.

Dex Media, Inc. (NASDAQ:DXM), one of the largest national providers of social, local and mobile marketing solutions through direct relationships with local businesses, on 16 June 2014 announced it successfully repurchased bank debt at three of its operating subsidiaries and will retire approximately $53.7 million in principal amount of bank debt for approximately $46.0 million in cash consideration. Dex Media Inc (NASDAQ:DXM)’s stock on July 11, 2014 reported a decrease of -1.37% to the closing price of $11.50. Its fifty two weeks range is $4.30 -$18.09. The total market capitalization recorded $202.75million. The overall volume in the last trading session was 141.09K shares. In its share capital, DXM has 17.63million outstanding shares.

SFX Entertainment, Inc. (NASDAQ:SFXE) and T-Mobile US, Inc. (NYSE:TMUS) on 09 July 2014 announced an expansion of their previously announced marketing partnership, with T-Mobile becoming a sponsor of SFX’s most iconic festivals: TomorrowWorld, Electric Zoo and Mysteryland, in 2014 and 2015. On Friday, shares of SFX Entertainment Inc (NASDAQ:SFXE) advanced 0.58% to close the day at $6.96. Company return on investment (ROI) is -31.90% and its monthly performance is recorded as -12.12%. SFX Entertainment Inc (NASDAQ:SFXE) quarterly revenue growth is -8.30%.

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