Momentum Stocks: The AES Corporation (NYSE:AES), Broadcom Corp. (NASDAQ:BRCM), Synovus Financial Corporation (NYSE:SNV), Bristol-Myers Squibb Company (NYSE:BMY), Meredith Corporation (NYSE:MDP)

Technology Stocks News 20

Barclays reaffirmed their overweight rating on shares of AES Corp (NYSE:AES) in a report released on Friday. Barclays currently has a $17.00 price objective on the stock, down from their previous price objective of $18.00. The AES Corporation (NYSE:AES) belongs to Utilities sector. Its net profit margin is -0.40% and weekly performance is 4.82%. On last trading day company shares ended up $13.69. The AES Corporation (NYSE:AES) distance from 50-day simple moving average (SMA50) is -1.65%.

Broadcom Corporation (NASDAQ: BRCM), announced that one of its wholly-owned subsidiaries has executed an agreement with Heritage Fields El Toro, LLC to purchase land to build a new corporate campus in Irvine, Calif.Broadcom’s campus will be the first commercial development at Great Park Neighborhoods, a mixed-use, master-planned community managed by FivePoint Communities. Broadcom Corp. (NASDAQ:BRCM) shares advanced 1.56% in last trading session and ended the day at $41.79. BRCM Gross Margin is 50.70% and its return on assets is 3.60%. Broadcom Corp. (NASDAQ:BRCM) quarterly performance is 10.29%.

Synovus Financial Corporation (NYSE:SNV) Chairman and CEO Kessel Stelling attend the Bank of America Merrill Lynch Banking & Financial Services Conference in New York on November 13, 2014 at 1:30 pm, ET. On 13 November, Synovus Financial Corporation (NYSE:SNV) shares moved down -0.50% and was closed at $25.79. SNV EPS growth in last 5 year was 15.70%. Synovus Financial Corporation (NYSE:SNV) year to date (YTD) performance is 3.24%.

Bristol-Myers Squibb Company (NYSE:BMY) said it plans to build a new large-scale biologics manufacturing facility in Ireland, which would attract around 400 skilled professionals and create about 1,000 construction jobs. Bristol-Myers Squibb Company (NYSE:BMY) belongs to Healthcare sector. Its net profit margin is 16.90% and weekly performance is -1.13%. On last trading day company shares ended up $57.80. Bristol-Myers Squibb Company (NYSE:BMY) distance from 50-day simple moving average (SMA50) is 10.36%.

Meredith Corporation (NYSE:MDP) Board of Directors today declared a regular quarterly dividend of $0.4325 per share, or $1.73 on an annual basis. The dividend will be payable on December 15, 2014, to shareholders of record on November 28, 2014. Meredith Corporation (NYSE:MDP) shares moved down -1.03% in last trading session and ended the day at $50.69. MDP Gross Margin is 61.70% and its return on assets is 5.00%. Meredith Corporation (NYSE:MDP) quarterly performance is 10.99%.

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