Morning Buzz: International Business Machines Corporation (NYSE:IBM), Rite Aid Corporation (NYSE:RAD), Pope Resources (NASDAQ:POPE), Hancock Holding Company (NASDAQ:HBHC), Ruckus Wireless, Inc. (NYSE:RKUS)

Technology Stocks News 13

Technology company International Business Machines Corporation (NYSE:IBM)entered into a new seven-year cloud-computing services contract with British advertising giant WPP Plc (WPP.L, WPPGY) for IBM to transform and manage WPP’s global technology platform. The deal will enable WPP to accelerate its digital transformation and global leadership. International Business Machines Corporation (NYSE:IBM) belongs to Technology sector. Its net profit margin is 15.70% and weekly performance is 0.32%. On last trading day company shares ended up $162.67. International Business Machines Corporation (NYSE:IBM) distance from 50-day simple moving average (SMA50) is -5.30%.

Rite Aid Corporation (NYSE:RAD) said that it will release financial results for its Fiscal 2015 Third Quarter, which ended Nov. 29, 2014, on Thursday, Dec. 18, 2014. The company will hold an analyst call at 8:30 a.m. Eastern Time with remarks by Rite Aid’s management team. Rite Aid Corporation (NYSE:RAD) shares advanced 0.93% in last trading session and ended the day at $5.44. RAD Gross Margin is 28.50% and its return on assets is 3.80%. Rite Aid Corporation (NYSE:RAD) quarterly performance is -12.54%.

Pope Resources A Delaware Limited Partnership (NASDAQ:POPE) announced that the Board of Directors has appointed Thomas M. Ringo as the Partnership’s permanent Chief Executive Officer and member of the Board of Directors. Mr. Ringo has been serving as the interim Chief Executive Officer since May 31, 2014 and has served as the Partnership’s Chief Financial Officer since 2000. He has been a member of the Partnership’s management since 1989. On 02 December, Pope Resources, A Delaware Limited Partnership (NASDAQ:POPE) shares advanced 0.92% and was closed at $66.10. POPE EPS growth in last 5 year was 67.70%. Pope Resources, A Delaware Limited Partnership (NASDAQ:POPE) year to date (YTD) performance is 2.34%.

Hancock Holding Company (NASDAQ:HBHC) begin trading ex-dividend on December 03, 2014. A cash dividend payment of $0.24 per share is scheduled to be paid on December 15, 2014. Hancock Holding Company (NASDAQ:HBHC) ended the last trading day at $32.10. Company weekly volatility is calculated as 3.20% and price to cash ratio as 3.26. Hancock Holding Company (NASDAQ:HBHC) showed a weekly performance of -6.58%.

Ruckus Wireless (NASDAQ:RKUS) CTO William S.A. Kish sold 60,000 shares of Ruckus Wireless stock on the open market in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $11.84, for a total value of $710,400.00. Ruckus Wireless, Inc. (NYSE:RKUS) shares advanced 1.77% in last trading session and ended the day at $11.50. RKUS Gross Margin is 68.10% and its return on assets is 2.00%. Ruckus Wireless, Inc. (NYSE:RKUS) quarterly performance is -21.02%.

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