Morning Buzz : The Boeing (NYSE:BA), Baidu (NASDAQ:BIDU), Progressive Waste Solutions (NYSE:BIN), Extra Space Storage (NYSE:EXR), Sypris Solutions (NASDAQ:SYPR)

Technology Stocks News 2

The Boeing Company (NYSE:BA) is planning to build its longest version of the much-hyped 787 Dreamliner exclusively in North Charleston, SC. Scheduled for delivery in 2018, the 787-10 will be the first Boeing jetliner to be built exclusively in South Carolina. The two earlier versions of the 787 family – the 787-8 and 787-9 – will continue to be assembled in both Everett and North Charleston. The Boeing Company (NYSE:BA)’s stock on 31 July traded at beginning with a price of $121.47 and when day-trade ended the stock finally moved down -1.48% to end at $120.48. The Boeing Company (NYSE:BA)’s showed weekly performance of -3.15%.

Baidu, Inc. (NASDAQ:BIDU) founded in 2000 and has its headquarters in Beijing, is a Chinese Internet-search provider ( baidu.com ). It is the “Google” of China. In 2007, it became the first Chinese company to be included in the Nasdaq-100 index NDX -2.10% .Baidu, Inc. (NASDAQ:BIDU) on Thursday closed at $216.05. Stock institutional ownership is 84.20% while insider ownership includes 0.13%. Baidu, Inc. (NASDAQ:BIDU) distance from 50-day simple moving average (SMA50) is 18.09%.

Jul 25, 2014Progressive Waste Solutions Ltd. (NYSE:BIN) reported financial results for the three and six months ended June 30, 2014. “We performed well on many measures in the second quarter and we are making progress on several components of the strategic plan we initiated to improve EBITDA(A) margins and free cash flow through operational excellence,” said Joseph Quarin, President and Chief Executive Officer, Progressive Waste Solutions Ltd. “In the quarter, consolidated revenues increased 1.9%, excluding the impact of foreign currency translation, with consolidated organic revenue growth of 2.0% led by higher pricing in our collection and disposal service lines. Consolidated volumes declined 0.2% from the second quarter a year ago, but represent the third sequential quarter of volume improvement and are on track to turn positive in the second half of the year. Adjusted EBITDA (A) increased 0.6%, excluding the impact of foreign currency translation, driven by revenue gains and lower SG&A costs, but offset by higher operating expenses as a percentage of revenue in the period.” Progressive Waste Solutions Ltd. (NYSE:BIN)’s shares on Thursday traded in the range of 24.81 – 25.12and ended up on $25.10. Progressive Waste Solutions Ltd. (NYSE:BIN) distance from 200-day simple moving average (SMA200) is 0.91%. BIN’s sales growth for past 5 years was 14.10% and its EPS growth for past 5 years was 8.80%.

Extra Space Storage Inc. (NYSE:EXR) operates as a real estate investment trust (REIT) in the United States. It engages in property management and development activities that include acquiring, managing, developing, and selling, as well as the rental of self-storage facilities. As of December 31, 2006, Extra Space Storage owned interests in 567 properties located in 32 states and Washington, D.C., as well as managed 74 properties owned by franchisees or third parties. As a REIT, the company would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1977 and is based in Salt Lake City, Utah. Extra Space Storage Inc. (NYSE:EXR)’s stock on 31 July moved down -2.47% to the closing price of $51.73. Its fifty two weeks range is $39.98 – 54.44. The total market capitalization recorded $5.998B. Extra Space Storage Inc. (NYSE:EXR) monthly performance is -3.22%.

Sypris Solutions Inc. (NASDAQ:SYPR) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.02 (two cents) per share on July 29, 2014. The dividend is unchanged from the previous quarterly dividend and will be payable on October 10, 2014 to shareholders of record as of September 19, 2014. Sypris Solutions currently has 20.5 million shares outstanding. Sypris Solutions is a diversified provider of outsourced services and specialty products. The Company performs a wide range of manufacturing, engineering, design and other technical services, typically under multi-year, sole-source contracts with corporations and government agencies in the markets for truck components and assemblies and aerospace and defense electronics. For more information about Sypris Solutions, visit its Web site at www.sypris.com.Sypris Solutions Inc. (NASDAQ:SYPR) on Thursday closed at $4.74. Stock institutional ownership is 29.40% while insider ownership includes 32.60%. Sypris Solutions Inc. (NASDAQ:SYPR) distance from 50-day simple moving average (SMA50) is -8.65%.

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