Momentum Stocks – Microsoft Corporation (NASDAQ:MSFT) , Citigroup Inc (NYSE:C) , GFI , Nova Lifestyle Inc (NASDAQ:NVFY) , MGIC Investment. (NYSE:MTG)

Technology Stocks News 4

Microsoft Corporation (NASDAQ:MSFT) recently declared a quarterly dividend, which is scheduled for Thursday, September 11th. Stockholders of record on Thursday, August 21st will be given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend is Tuesday, August 19th. Microsoft Corporation (NASDAQ:MSFT) stock performance was 0.32% in last session and finished the day at $44.83. Traded volume was 37.60million shares in the last session and the average volume of the stock remained 29.18million shares. The beta of the stock remained 0.92. Microsoft Corporation (NASDAQ:MSFT) insider ownership is 8.00%.

Analysts at Citigroup Inc. (NYSE:C) reiterated a “buy” rating on shares of United Rentals in a research note on Monday. They now have a $128.00 price target on the stock, up previously from $110.00. Citigroup Inc (NYSE:C) dropped -0.42 percent to $49.35 Monday on volume of 10.92million shares. The intra-day range of the stock was $49.07 to $49.47. Citigroup Inc (NYSE:C) has a market capitalization of $149.63billion.

GFI Group Inc. (NYSE:GFIG), a leading operator in the global over-the-counter (OTC) and listed markets (NYSE: “GFIG”), announced on 16 July 2014 that it has received FX Week’s award for Best Swap Execution Facility (SEF). This is the 11th edition of the annual e-FX Awards granted by FX Week, an Incisive Media publication. GFI Group Inc. (NYSE:GFIG)’s stock on July 21, 2014 reported a increase of 1.29% to the closing price of $3.15. Its fifty two weeks range is $3.08 -$4.58. The total market capitalization recorded $397.21million. The overall volume in the last trading session was 175,478million shares. In its share capital, GFIG has 126.11million outstanding shares.

Nova LifeStyle, Inc. (NASDAQ:NVFY), a U.S.‐based fast growing, innovative designer, manufacturer and distributor of modern LifeStyle furniture, will visit the NASDAQ MarketSite in Times Square to commemorate its recent listing on The NASDAQ Stock Market. On Monday, shares of Nova Lifestyle Inc (NASDAQ:NVFY) dropped -0.46% to close the day at $4.37. Company return on investment (ROI) is 11.90% and its monthly performance is recorded as 4.80%. Nova Lifestyle Inc (NASDAQ:NVFY) quarterly revenue growth is -12.07%.

MGIC Investment Corp. (NYSE:MTG)’s stock had its “neutral” rating restated by Zacks in a research note issued on Friday. They currently have a $8.25 target price on the stock. Zacks‘s price target indicates a potential upside of 6.45% from the stock’s previous close. MGIC Investment Corp. (NYSE:MTG) stock performance was -1.53% in last session and finished the day at $7.74. Traded volume was 5.03million shares in the last session and the average volume of the stock remained 6.89million shares. The beta of the stock remained 3.61. MGIC Investment Corp. (NYSE:MTG) insider ownership is 1.80%.

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