Market Movers : Freeport-McMoRan Inc. (NYSE:FCX), Graphic Packaging Holding Company (NYSE:GPK), Camden Property Trust (NYSE:CPT), NetApp, Inc. (NASDAQ:NTAP), Lithia Motors Inc. (NYSE:LAD)

Technology Stocks News 17

Rio Tinto Group (RIO) may decide that its best defense against another takeover approach from Glencore Plc (GLEN) is buying the largest mining company in the U.S. A bid for . Freeport-McMoRan Inc. (NYSE:FCX) will probably look tempting to London-based Rio as a way to stymie Glencore, said Paul Gait, an analyst at Sanford C. Bernstein Ltd. Freeport, a $32 billion copper producer that expanded into energy last year, is the cheapest it’s been in more than 15 months relative to earnings before interest, taxes, depreciation and amortization. Freeport-McMoRan Inc. (NYSE:FCX) belongs to Basic Materials sector. Its net profit margin is 11.20% and weekly performance is 2.31%. On last trading day company shares ended up $31.50. Freeport-McMoRan Inc. (NYSE:FCX) distance from 50-day simple moving average (SMA50) is -6.53%.

Graphic Packaging Holding Company (NYSE: GPK), reported Net Income for third quarter 2014 of $53.0 million, or $0.16 per share, based upon 330.6 million weighted average diluted shares. This compares to third quarter 2013 Net Income of $44.5 million, or $0.13 per share, based on 352.2 million weighted average diluted shares. Graphic Packaging Holding Company (NYSE:GPK) shares fell -4.70% in last trading session and ended the day at $11.15. GPK Gross Margin is 17.10% and its return on assets is 1.90%. Graphic Packaging Holding Company (NYSE:GPK) quarterly performance is -3.55%.

Camden Property Trust (NYSE:CPT) Director Lewis A. Levey sold 5,308 shares of Camden Property Trust stock on the open market in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $69.90, for a total transaction of $371,029.20. On 21 October, Camden Property Trust (NYSE:CPT) shares increased 1.09% and was closed at $73.47. CPT EPS growth in last 5 year was 48.60%. Camden Property Trust (NYSE:CPT) year to date (YTD) performance is 32.98%.

NetApp (NASDAQ:NTAP)‘s stock had its “neutral” rating reiterated by Zacks in a report issued on Tuesday. They currently have a $40.00 price objective on the stock. Zacks‘s price target would indicate a potential upside of 3.79% from the company’s current price. NetApp, Inc. (NASDAQ:NTAP) ended the last trading day at $39.27. Company weekly volatility is calculated as 2.85% and price to cash ratio as 2.25. NetApp, Inc. (NASDAQ:NTAP) showed a weekly performance of 1.92%.

On October 17, Performance Brokerage Services, announces the successful sale of Clovis Nissan in Clovis, California from Mr. John Harris to Lithia Motors Inc. (NYSE:LAD). Lithia Motors Inc. (NYSE:LAD) shares increased 0.80% in last trading session and ended the day at $70.77. LAD Gross Margin is 15.70% and its return on assets is 6.90%. Lithia Motors Inc. (NYSE:LAD) quarterly performance is -25.18%.

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