Morning Buzz : ON Semiconductor Corp. (NASDAQ:ONNN), CEMEX, S.A.B. (NYSE:CX), Huntington Ingalls Industries, Inc. (NYSE:HII), Apple Inc. (NASDAQ:AAPL), General Motors Company (NYSE:GM),

Technology Stocks News 16

ON Semiconductor Corp. (NASDAQ:ONNN) have announced a newly formed partnership to co-develop and co-market gallium nitride (GaN) based products and power system solutions for a variety of high voltage applications in the industrial, computing, telecom and networking sectors. ON Semiconductor Corp. (NASDAQ:ONNN) belongs to Technology sector. Its net profit margin is 7.80% and weekly performance is -5.18%. On last trading day company shares ended up $9.33. ON Semiconductor Corp. (NASDAQ:ONNN) distance from 50-day simple moving average (SMA50) is 0.88%.

On September 17, CEMEX, S.A.B. de C.V. (NYSE:CX) announced that holders of U.S.$592,520,000 of the outstanding 9.000% Senior Secured Notes due 2018 (the “2018 Notes”) issued by CEMEX and U.S.$365,146,000 of the outstanding 9.250% Senior Secured Notes due 2020 (the “2020 Notes” and, together with the 2018 Notes, the “Notes”) issued by CEMEX España, S.A., acting through its Luxembourg Branch, tendered their Notes at or prior to the early tender deadline of 5:00 p.m., New York City time, on September 17, 2014 (the “Early Tender Date”), pursuant to CEMEX’s previously announced cash tender offer (the “Tender Offer”) to purchase up to U.S.$1,175 million (the “Aggregate Maximum Tender Amount”) of the outstanding Notes. CEMEX, S.A.B. de C.V. (NYSE:CX) shares decreased -0.83% in last trading session and ended the day at $13.14. CX Gross Margin is 31.10% and its return on assets is -1.70%. CEMEX, S.A.B. de C.V. (NYSE:CX) quarterly performance is -0.45%.

Huntington Ingalls Industries (NYSE:HII) VP Mitchell B. Waldman unloaded 1,300 shares of the company’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $103.80, for a total transaction of $134,940.00. Following the completion of the sale, the vice president now directly owns 30,049 shares of the company’s stock, valued at approximately $3,119,086. On 25 September, Huntington Ingalls Industries, Inc. (NYSE:HII) shares decreased -0.30% and was closed at $104.10. HII EPS growth in last 5 year was 16.00%. Huntington Ingalls Industries, Inc. (NYSE:HII) year to date (YTD) performance is 16.34%.

Shares of Apple Inc. (NASDAQ:AAPL) fell in trading Thursday after the tech giant pulled its iOS 8.0.1 update after numerous complaints from iPhone 6 and iPhone 6 Plus users. The update reportedly caused drops in cellular service and problems with the Touch ID function on the phone. Apple announced it would release iOS 8.0.2 in a few days to fix the problem. Apple Inc. (NASDAQ:AAPL) belongs to Consumer Goods sector. Its net profit margin is 21.60% and weekly performance is -3.85%. On last trading day company shares ended up $97.87. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is -0.80%.

Ratings agency Standard & Poor’s Ratings Services has Thursday upgraded the credit ratings of U.S. automaker General Motors Company (NYSE:GM) to investment grade with a stable outlook, five years after it emerged from a government-backed bankruptcy. GM’s auto lending unit General Motors Financial Co. Inc. was also raised to investment grade with a stable outlook.
General Motors Company (NYSE:GM) shares fell -2.32% in last trading session and ended the day at $32.87. GM Gross Margin is 9.40% and its return on assets is 2.80%. General Motors Company (NYSE:GM) quarterly performance is -10.14%.

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