Morning Movers: Oi SA (ADR) (NYSE:OIBR), Lumos Networks Corp. (NASDAQ:LMOS), Casella Waste Systems Inc. (NASDAQ:CWST), Fifth Third Bancorp (NASDAQ:FITB), Atlatsa Resources (NYSEMKT:ATL)

Technology Stocks News 4

On Dec. 8, Oi SA (ADR) (NYSE:OIBR), in accordance with article 157, paragraph 4 of Law No. 6,404/76 (the “Brazilian Corporation Law”) and the Brazilian Securities and Exchange Commission (Comissao de Valores Mobiliarios – CVM) Instruction No. 358/02, continuing with the Material Facts dated November 3, 2014 and November 30, 2014, informs its shareholders and the market in general that, on this date, the Board of Directors of Oi finalized the formalities to approve the general terms and conditions for the sale of all of the shares of PT Portugal SPGS S.A. (“PT Portugal”) to Altice Portugal S.A. (“Altice PT”), a wholly-owned subsidiary of Altice S.A. (and together with Altice PT, “Altice”). Oi SA (ADR) (NYSE:OIBR) belongs to Technology sector. Its net profit margin is -2.20% and weekly performance is -13.65%. On last trading day company shares ended up $0.38. Oi SA (ADR) (NYSE:OIBR) distance from 50-day simple moving average (SMA50) is -23.07%.

DA Davidson reissued their buy rating on shares of Lumos Networks Corp (NASDAQ:LMOS) in a research note released on Monday morning. They currently have a $19.00 target price on the stock, up from their previous target price of $18.00. Lumos Networks Corp. (NASDAQ:LMOS) shares increased 7.38% in last trading session and ended the day at $17.47. LMOS Gross Margin is 79.40% and its return on assets is 4.20%. Lumos Networks Corp. (NASDAQ:LMOS) quarterly performance is 22.00%.

On Dec. 10, Casella Waste Systems Inc. (NASDAQ:CWST), announced that it has priced the previously announced offering of $25.0 million aggregate principal amount of New York State Environmental Facilities Corporation (“EFC”) Solid Waste Disposal Revenue Bonds (Casella Waste Systems, Inc. Project) Series 2014 (the “Bonds”). On 18 December, Casella Waste Systems Inc. (NASDAQ:CWST) shares increased 4.23% and was closed at $4.07. CWST EPS growth in last 5 year was 26.80%. Casella Waste Systems Inc. (NASDAQ:CWST) year to date (YTD) performance is -29.91%.

On Dec 16, Fifth Third Bancorp (NASDAQ:FITB) declared a cash dividend on its common shares of $0.13 for the fourth quarter of 2014. The dividend is payable on January 21, 2015 to shareholders of record as of December 31, 2014. Fifth Third Bancorp (NASDAQ:FITB) ended the last trading day at $20.09. Company weekly volatility is calculated as 2.12% and price to cash ratio as 2.31. Fifth Third Bancorp (NASDAQ:FITB) showed a weekly performance of 0.15%.

Shares of Atlatsa Resources Corp (NYSE:ATL) saw a significant growth in short interest in November. As of November 28th, there was short interest totalling 171,150 shares, a growth of 47.7% from the November 14th total of 115,842 shares, ARN reports. Atlatsa Resources Corporation (NYSEMKT:ATL) shares increased 10.59% in last trading session and ended the day at $0.19. ATL Gross Margin is -13.00% and its return on assets is 28.50%. Atlatsa Resources Corporation (NYSEMKT:ATL) quarterly performance is -41.25%.

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