Momentum Stocks : Trina Solar (NYSE:TSL), VeriSign (NASDAQ:VRSN), MagnaChip Semiconductor (NYSE:MX), The Bank of Kentucky Financial (NASDAQ:BKYF), Vectren Corporation (NYSE:VVC),

Technology Stocks News 15

Chinese photovoltaic modules producer, Trina Solar Limited (NYSE:TSL) has stated that its factories are working at full capacity yet the company not be able to meet demand of its customers. A survey by the solar industry association in China revealed that the top three solar companies of the country were producing full capacity and would require expansion in order to meet demand. Trina Solar Limited (NYSE:TSL) belongs to Technology sector. Its net profit margin is 0.90% and weekly performance is -2.60%. On last trading day company shares ended up $13.50. Trina Solar Limited (NYSE:TSL) distance from 50-day simple moving average (SMA50) is 10.27%.

Zacks reissued their neutral rating on shares of Verisign (NASDAQ:VRSN) in a research note released on Tuesday morning. They currently have a $58.00 target price on the stock. VeriSign, Inc. (NASDAQ:VRSN) shares advanced 0.31% in last trading session and ended the day at $55.75. VRSN Gross Margin is 81.10% and its return on assets is 22.90%. VeriSign, Inc. (NASDAQ:VRSN) quarterly performance is 8.51%.

MagnaChip Semiconductor Corporation (NYSE:MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, on Aug 11 announced that it has signed a joint development agreement with Yield Microelectronics Corporation (YMC) to develop a family of embedded 0.18um standard Multiple Time Programmable (MTP) IP solutions. MagnaChip Semiconductor Corporation (NYSE:MX) shares advanced 1.26% in last trading session and ended the day at $12.06. MX Gross Margin is 33.00% and its return on assets is 20.90%. MagnaChip Semiconductor Corporation (NYSE:MX) quarterly performance is -4.96%. On 16 September, MagnaChip Semiconductor Corporation (NYSE:MX) shares remains unchanged and was closed at $12.07. MX EPS growth in last 5 year was 31.40%. MagnaChip Semiconductor Corporation (NYSE:MX) year to date (YTD) performance is -38.10%.

The Bank of Kentucky Financial Corp. (NASDAQ:BKYF) announced Monday morning that it agreed to be acquired by BB&T Corp. (BBT: Quote) in a cash and stock transaction for total consideration valued at approximately $363 million. The Bank of Kentucky Financial Corporation (NASDAQ:BKYF) ended the last trading day at $47.12. Company weekly volatility is calculated as 1.12% and price to cash ratio as 4.55. The Bank of Kentucky Financial Corporation (NASDAQ:BKYF) showed a weekly performance of 2.32%.

Vectren Corporation (NYSE:VVC) announced its two natural gas utilities in Indiana, Vectren Energy Delivery of Indiana , North (Vectren North) and Vectren Energy Delivery of Indiana , South (Vectren South), received Indiana Utility Regulatory Commission (IURC) approval of a robust gas infrastructure improvement strategy over the next seven years to comply with federal pipeline safety rules and to ensure its natural gas customers continue to receive safe, reliable gas service for decades to come. Vectren Corporation (NYSE:VVC) shares advanced 0.66% in last trading session and ended the day at $41.02. VVC Gross Margin is 86.50% and its return on assets is 3.10%. Vectren Corporation (NYSE:VVC) quarterly performance is 1.53%.

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