Momentum Stocks : Southwest Airlines (NYSE:LUV), Dyax Corp. (NASDAQ:DYAX), Fossil Group (NASDAQ:FOSL), YY Inc. (NASDAQ:YY), Sony Corp (ADR) (NYSE:SNE)

Technology Stocks News 1

Southwest Airlines Co. (NYSE:LUV) Chief Executive Officer Gary Kelly said, “I don’t see the need to do anything differently.” While Southwest doesn’t fly beyond the Caribbean and Mexico, it could pick up international passengers who fly into several U.S. gateways for flights across the country. Southwest Airlines Co. (NYSE:LUV) belongs to Services sector. Its net profit margin is 6.00% and weekly performance is -4.56%. On last trading day company shares ended up $32.23. Southwest Airlines Co. (NYSE:LUV) distance from 50-day simple moving average (SMA50) is 1.62%.

Dyax Corp. (NASDAQ:DYAX)’s, Director Thomas L. Kempner sold 12,400 shares of the company’s stock on the open market in a transaction dated Friday, September 12th. The stock was sold at an average price of $11.00, for a total transaction of $136,400.00. Dyax Corp. (NASDAQ:DYAX) shares increased 0.31% in last trading session and ended the day at $9.80. DYAX Gross Margin is 95.00% and its return on assets is -10.90%. Dyax Corp. (NASDAQ:DYAX) quarterly performance is 11.87%.

Fossil Group (NASDAQ:FOSL) last released its earnings data on Tuesday, August 12th. The company reported $0.98 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.96 by $0.02. The company had revenue of $773.80 million for the quarter, compared to the consensus estimate of $771.01 million. On average, analysts predict that Fossil Group will post $7.17 earnings per share for the current fiscal year. On 07 October, Fossil Group, Inc. (NASDAQ:FOSL) shares decreased -1.15% and was closed at $95.90. FOSL EPS growth in last 5 year was 26.60%. Fossil Group, Inc. (NASDAQ:FOSL) year to date (YTD) performance is -20.04%.

YY Inc. (NASDAQ:YY) holds a Zacks Rank #1 (Strong Buy) and has expected earnings growth of 121.3%. YY Inc. (NASDAQ:YY) ended the last trading day at $75.06. Company weekly volatility is calculated as 4.09% and price to cash ratio as 5.44. YY Inc. (NASDAQ:YY) showed a weekly performance of 0.23%.

Sony Corp. (ADR) (NYSE:SNE) and Panasonic Corp. have discontinued their production of e-book devices. With Toshiba’s withdrawal, all major Japanese electronics makers will have abandoned the e-book reader market. Sony Corp (ADR) (NYSE:SNE) belongs to Consumer Goods sector. Its net profit margin is -1.30% and weekly performance is -3.71%. On last trading day company shares ended up $17.37. Sony Corp (ADR) (NYSE:SNE) distance from 50-day simple moving average (SMA50) is -5.52%.

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