Momentum Stocks : TASER International (NASDAQ:TASR), Applied Materials (NASDAQ:AMAT), Autodesk (NASDAQ:ADSK), CIS Acquisition Ltd. (NASDAQ:CISAA), United Stationers Inc. (NASDAQ:USTR)

Technology Stocks News 1

Taser International Inc. (NASDAQ:TASR) is sharply higher today, continuing its recent momentum. While many are quick to point out the company’s press release this morning about new TASER upgrade orders from the Cleveland Police department and others, what may be really driving the action is anticipation it will secure the NYPD on-officer camera pilot program order – which will be announced later this week. TASER International Inc. (NASDAQ:TASR) belongs to Industrial Goods sector. Its net profit margin is 12.00% and weekly performance is 10.03%. On last trading day company shares ended up $17.55. TASER International Inc. (NASDAQ:TASR) distance from 50-day simple moving average (SMA50) is 34.67%.

Applied Materials Inc (NASDAQ:AMAT) yesterday said it has adjusted its precision materials engineering strategy, refocusing on developing semiconductor equipment for advanced technologies rather than for the solar industry. Applied Materials, Inc. (NASDAQ:AMAT) shares moved down -1.57% in last trading session and ended the day at $22.54. AMAT Gross Margin is 41.80% and its return on assets is 8.00%. Applied Materials, Inc. (NASDAQ:AMAT) quarterly performance is 3.97%.

Autodesk, Inc. (NASDAQ:ADSK) has announced the launch of Autodesk University (AU) in India for the first time ever. The India leg of the world’s largest learning and networking event for Autodesk technology users will be held on Sept. 11-12, 2014 at The Renaissance, Powai, Mumbai. This comes after the success of the Autodesk University Extension (AUx) event held in Mumbai last year. On 04 September, Autodesk, Inc. (NASDAQ:ADSK) shares moved down -0.33% and was closed at $54.18. ADSK EPS growth in last 5 year was 4.60%. Autodesk, Inc. (NASDAQ:ADSK) year to date (YTD) performance is 7.67%.

Red Rock’s management had been seeking new capital. A Moscow-based special purpose acquisition company called CIS Acquisitions Ltd. (NASDAQ:CISAA), formed by a group of Russian businessmen, made an attempt to seek investor funds to purchase Red Rock for $36.4 million. CIS Acquisition Ltd. (NASDAQ:CISAA) ended the last trading day at $10.25. Company weekly volatility is calculated as 0.10%. CIS Acquisition Ltd. (NASDAQ:CISAA) showed a weekly performance of 0.00%.

United Stationers Inc. (NASDAQ:USTR), Deerfield, IL, has appointed Paul Barrett as chief operating officer industrial, effective immediately. “Paul has been president of our janitorial and sanitation business and recently president of national and strategic accounts. I have the utmost confidence in Paul’s proven ability to lead growth organizations, leverage collaboration with our shared services, and build a strong culture in our industrial business,” said Cody Phipps, president and CEO. United Stationers Inc. (NASDAQ:USTR) shares moved down -0.17% in last trading session and ended the day on $40.98. USTR Gross Margin is 15.30% and its return on assets is 6.20%. United Stationers Inc. (NASDAQ:USTR) quarterly performance is -0.39%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone