Morning Buzz : Twitter (NYSE:TWTR), Conversant (NASDAQ:CNVR), Biogen Idec (NASDAQ:BIIB), Toyota Motor Corporation (NYSE:TM), Home Bancorp, Inc. (NASDAQ:HBCP)

Technology Stocks News 5

Twitter Inc. (NYSE:TWTR) released its 10-Q filing with the Securities and Exchange Commission (SEC) today, saying that 11% of its users were accessing the microblogging platform using third-party apps, compared to the 14% it reported in its second-quarter (2QFY14) earnings. Because third-party app users do not see ads on the platform, the decline in fact means that more of the service’s users can view ads, which in turn increases potential ad dollars for the company. Twitter, Inc. (NYSE:TWTR) belongs to Technology sector. Its net profit margin is -87.60% and weekly performance is -0.05%. On last trading day company shares ended up $43.81. Twitter, Inc. (NYSE:TWTR) distance from 50-day simple moving average (SMA50) is 12.66%.

Conversant, Inc. (NASDAQ:CNVR) or erstwhile ValueClick is rebuilding its brand value post the divestitures of Owned & Operated Websites segment. This is fairly reflected in its mixed second-quarter 2014 results. The company’s better-than-expected top-line growth was negatively impacted by continuing investments and aggressive hiring. Conversant, Inc. (NASDAQ:CNVR) shares advanced 0.32% in last trading session and ended the day at $25.24. CNVR Gross Margin is 67.80% and its return on assets is 19.50%. Conversant, Inc. (NASDAQ:CNVR) quarterly performance is 2.77%.

On Tuesday, the biotech community jumped in, as dozens of researchers at Biogen Idec doused themselves with buckets of ice water to raise awareness and funds for ALS research. Biogen Idec Inc. (NASDAQ:BIIB) was a focus of the community’s hope two years ago as it was developing a compound called dexpramipexole for ALS. The compound ultimately showed no benefit in the last stage of trials, and Biogen shut the program down. On 12 August, Biogen Idec Inc. (NASDAQ:BIIB) shares advanced 1.44% and was closed at $324.96. BIIB EPS growth in last 5 year was 24.10%. Biogen Idec Inc. (NASDAQ:BIIB) year to date (YTD) performance is 16.24%.

The tandem of Toyota Motor Corporation (NYSE:TM) and Honda Motor Corporation joined Daimler AG’s Mercedes-Benz and Volkswagen AG’s Audi in cutting the prices of their spare parts in the middle of China’s antitrust probe in the auto industry. Toyota Motor Corporation (NYSE:TM) ended the last trading day at $117.24. Company weekly volatility is calculated as 1.02%and price to cash ratio as 4.70. Toyota Motor Corporation (NYSE:TM) showed a weekly performance of -1.50%.

Home Bancorp, Inc. (NASDAQ:HBCP”), the parent company for Home Bank (www.home24bank.com), a Federally chartered savings bank headquartered in Lafayette, Louisiana (the “Bank”), announced net income of $2.8 million for the second quarter of 2014, an increase of $1.3 million, or 92%, compared to the first quarter of 2014 and an increase of $1.5 million, or 121%, compared to the second quarter of 2013.  The first and second quarters of 2014 include pre-tax merger expenses of $2.0 million and $207,000, respectively, related to the acquisition of Britton & Koontz Capital Corporation (“Britton & Koontz”).  Excluding merger-related expenses, net income for the second quarter of 2014 was $2.9 million, an increase of 4% and 132% compared to the first quarter of 2014 and the second quarter of 2013, respectively. Home Bancorp, Inc. (NASDAQ:HBCP) shares advanced 0.18% in last trading session and ended the day on $21.83. HBCP return on assets is 0.80%. Home Bancorp, Inc. (NASDAQ:HBCP) quarterly performance is 3.41%.

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