Morning Buzz : SunEdison, Inc. (NYSE:SUNE), Alpha Natural Resources, Inc. (NYSE:ANR), Stone Energy Corp. (NYSE:SGY), Adobe Systems Inc. (NASDAQ:ADBE), Facebook Inc (NASDAQ:FB),

Technology Stocks News 13

Shares of SunEdison, Inc. (NYSE:SUNE) spiked in morning trading Wednesday on unconfirmed rumors that the solar power company could be a takeover target. SunEdison, Inc. (NYSE:SUNE) belongs to Technology sector. Its net profit margin is -44.80% and weekly performance is -2.12%. On last trading day company shares ended up $20.28. SunEdison, Inc. (NYSE:SUNE) distance from 50-day simple moving average (SMA50) is -5.10%.

Citigroup Inc. restated their neutral rating on shares of Alpha Natural Resources (NYSE:ANR) in a research note issued to investors on Thursday. The firm currently has a $3.50 price target on the stock, down from their previous price target of $4.30. Alpha Natural Resources, Inc. (NYSE:ANR) shares fell -11.46% in last trading session and ended the day at $2.55. ANR Gross Margin is 7.70% and its return on assets is -11.80%. Alpha Natural Resources, Inc. (NYSE:ANR) quarterly performance is -29.75%.

Stone Energy (NYSE:SGY)‘s stock had its “neutral” rating reaffirmed by Zacks in a research report issued to clients and investors on Thursday. They currently have a $34.00 price target on the stock. Zacks‘s price objective would indicate a potential upside of 2.72% from the stock’s previous close. On 24 September, Stone Energy Corp. (NYSE:SGY) shares increased 2.84% and was closed at $31.45. SGY EPS growth in last 5 year was 15.60%. Stone Energy Corp. (NYSE:SGY) year to date (YTD) performance is -9.08%.

Graphic design software maker Adobe Systems Inc. (NASDAQ:ADBE) will close its research and development operations in China and lay off most of its 400 employees in the country in late October due to poor business performance, according to media reports. Adobe Systems Inc. (NASDAQ:ADBE) belongs to Technology sector. Its net profit margin is 6.00% and weekly performance is 2.57%. On last trading day company shares ended up $69.03. Adobe Systems Inc. (NASDAQ:ADBE) distance from 50-day simple moving average (SMA50) is -2.53%.

Facebook Inc (NASDAQ:FB) and Yelp Inc. (YELP) are dropping out of the American Legislative Exchange Council, adding to the list of technology companies departing the political group that backs limited government. Facebook Inc (NASDAQ:FB) shares advanced 0.31% in last trading session and ended the day at $78.54. FB Gross Margin is 80.70% and its return on assets is 13.00%. Facebook Inc (NASDAQ:FB) quarterly performance is 16.45%.

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