Morning Buzz : Cisco Systems, Inc. (NASDAQ:CSCO), American International Group, Inc. (NYSE:AIG), The Priceline Group Inc. (NASDAQ:PCLN), Mitek Systems, Inc. (NASDAQ:MITK), First Community Bancshares, Inc. (NASDAQ:FCBC),

Technology Stocks News 4

Cisco Systems, Inc. (NASDAQ:CSCO) CEO John Chambers shot down rumors Wednesday that his company was a possible buyer of computer storage company EMC. Cisco Systems, Inc. (NASDAQ:CSCO) belongs to Technology sector. Its net profit margin is 16.70% and weekly performance is -0.79%. On last trading day company shares ended up $25.00. Cisco Systems, Inc. (NASDAQ:CSCO) distance from 50-day simple moving average (SMA50) is -0.44%.

American International Group, Inc. (NYSE: AIG) announced that it will redeem all of its outstanding 8.250% Notes Due 2018 (CUSIP Nos. 026874BT3, 026874BU0 and U02687CB2) (the “Notes”) on October 27, 2014 (the “Redemption Date”). On the Redemption Date, AIG will pay to the registered holders of the Notes a redemption price per $1,000 principal amount of Notes as determined in accordance with the indenture governing the Notes, plus accrued and unpaid interest to, but not including, the Redemption Date. American International Group, Inc. (NYSE:AIG) shares moved up 0.66% in last trading session and ended the day at $54.52. AIG return on assets is 1.60%. American International Group, Inc. (NYSE:AIG) quarterly performance is 0.06%.

Priceline Group (NASDAQ:PCLN) Director Jeffrey E. Epstein unloaded 2,000 shares of Priceline Group stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $1,150.72, for a total transaction of $2,301,440.00. Following the completion of the transaction, the director now directly owns 9,338 shares of the company’s stock, valued at approximately $10,745,423. On 26 September, The Priceline Group Inc. (NASDAQ:PCLN) shares moved up 0.89% and was closed at $1174.44. PCLN EPS growth in last 5 year was 57.40%. The Priceline Group Inc. (NASDAQ:PCLN) year to date (YTD) performance is 1.04%.

Zacks downgraded shares of Mitek Systems (NASDAQ:MITK) from an outperform rating to a neutral rating in a report released on Tuesday. Zacks currently has $3.00 price objective on the stock. Mitek Systems, Inc. (NASDAQ:MITK) ended the last trading day at $2.42. Company weekly volatility is calculated as 7.76% and price to cash ratio as 2.99. Mitek Systems, Inc. (NASDAQ:MITK) showed a weekly performance of -2.81%.

Zacks upgraded shares of First Community Bancshares (NASDAQ:FCBC) from a neutral rating to an outperform rating in a report issued on Thursday. They currently have $17.50 target price on the stock.First Community Bancshares, Inc. (NASDAQ:FCBC) shares moved up 0.13% in last trading session and ended the day at $14.84. FCBC return on assets is 0.90%. First Community Bancshares, Inc. (NASDAQ:FCBC) quarterly performance is 3.20%.

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