Morning Buzz : Google Inc (NASDAQ:GOOGL), Synacor, Inc. (NASDAQ:SYNC), Graham Holdings (NYSE:GHC), Meru Networks, Inc. (NASDAQ:MERU), Contango Oil & Gas Company (NYSEMKT:MCF)

Technology Stocks News 13

Google Chief Executive Eric Schmidt said in September that his company wanted out because ALEC was “literally lying” about climate change. Yahoo Inc, Facebook Inc and Yelp Inc left ALEC soon after. “The Google announcement made it difficult for some of these companies to hide in the shadows anymore,” said Nick Surgey, director of the Center for Media and Democracy, a watchdog group. Google Inc (NASDAQ:GOOGL) belongs to Technology sector. Its net profit margin is 20.90% and weekly performance is -2.43%. On last trading day company shares ended up $574.10. Google Inc (NASDAQ:GOOGL) distance from 50-day simple moving average (SMA50) is -2.32%.

Synacor Inc. executives will break the self-imposed silence about their recent decision to lay off 70 employees, including 50 in Buffalo. The company has said a detailed explanation will be offered during their quarterly conference call, scheduled to take place in mid-November. Synacor, Inc. (NASDAQ:SYNC) shares decreased -5.98% in last trading session and ended the day at $1.73. SYNC Gross Margin is 46.00% and its return on assets is -6.10%. Synacor, Inc. (NASDAQ:SYNC) quarterly performance is -31.08%.

Graham Holdings (NYSE:GHC) has been given a “BBB+”credit rating by Morningstar. The firm’s “BBB+” rating suggests that the company is a moderate default risk. They also gave their stock a three star rating. On 07 October, Graham Holdings (NYSE:GHC) shares advanced 0.03% and was closed at $700.69. GHC EPS growth in last 5 year was 20.70%. Graham Holdings (NYSE:GHC) year to date (YTD) performance is 6.46%.

Judge Wilken’s Monday ruling comes three months after Apple and HP said the case stood out because Linex continued to press the allegations “long after it was clear that Linex had no valid claim to the technology at issue in this case.” Co-defendants Aruba Networks Inc., Meru Networks Inc. and Ruckus Wireless Inc. filed a concurrent motion seeking $3.8 million in fees, which was partially granted on Monday. Meru Networks, Inc. (NASDAQ:MERU) ended the last trading day at $3.91. Company weekly volatility is calculated as 3.86% and price to cash ratio as 4.76. Meru Networks, Inc. (NASDAQ:MERU) showed a weekly performance of 2.76%.

Contango Oil & Gas Company (NYSE:MCF) last announced its earnings results on Monday, August 11th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by $0.35. Analysts expect that Contango Oil & Gas Company will post $0.72 EPS for the current fiscal year. Contango Oil & Gas Company (NYSEMKT:MCF) shares decreased -0.73% in last trading session and ended the day at $32.81. MCF Gross Margin is 85.10% and its return on assets is 2.50%. Contango Oil & Gas Company (NYSEMKT:MCF) quarterly performance is -22.60%.

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