Morning Watch List: Intel Corporation (NASDAQ:INTC), Banco Santander Brasil SA (ADR) (NYSE:BSBR), Washington Trust Bancorp Inc. (NASDAQ:WASH), Sprint (NYSE:S), Mueller Industries (NYSE:MLI)

Technology Stocks News 17

INRIX®, Inc., , announced a strategic collaboration with Intel Corporation (NASDAQ:INTC) focused on developing next generation smart cities analytics platforms and applications. As part of their collaboration, Intel’s global investment organization, Intel Capital, is investing $10 million in INRIX. Intel Corporation (NASDAQ:INTC) belongs to Technology sector. Its net profit margin is 19.40% and weekly performance is 2.37%. On last trading day company shares ended up $34.54. Intel Corporation (NASDAQ:INTC) distance from 50-day simple moving average (SMA50) is 1.92%.

Banco Santander Brasil SA (ADR) (NYSE:BSBR), posted third-quarter net income of 536.7 million reais ($215 million), missing poll estimates. Net income, a measure of profit including one-time charges, was expected at 618 million reais in a Reuters poll of four analysts. The São Paulo-based lender’s loan book reached 234.516 billion reais at the end of the quarter, compared with the poll’s 233.2 billion reais estimate. Banco Santander Brasil SA (ADR) (NYSE:BSBR) shares increased 5.14% in last trading session and ended the day at $5.52. BSBR return on assets is 1.20%. Banco Santander Brasil SA (ADR) (NYSE:BSBR) quarterly performance is -16.24%.

On Oct. 28 Washington Trust Bancorp Inc. (NASDAQ:WASH) to finance the acquisition of a historic office building on South Main Street in Providence, RI. The building will be the new Providence headquarters for Rhode Island based Lila Delman Real Estate. On 04 November, Washington Trust Bancorp Inc. (NASDAQ:WASH) shares decreased -0.13% and was closed at $38.04. WASH EPS growth in last 5 year was 6.60%. Washington Trust Bancorp Inc. (NASDAQ:WASH) year to date (YTD) performance is 4.82%.

Within weeks of joining Sprint Corporation (NYSE:S) in August, Chief Executive Officer Marcelo Claure was eliminating jobs and offering an “iPhone for Life.” Less than three months later, he’s firing 2,000 more employees and hunting for more cost cuts. Sprint Corporation (NYSE:S) belongs to Technology sector. Its net profit margin is -5.40% and weekly performance is -14.24%. On last trading day company shares ended up $5.18. Sprint Corporation (NYSE:S) distance from 50-day simple moving average (SMA50) is -15.80%.

Mueller Industries Inc. (NYSE:MLI) posted lower earnings for the third quarter, despite a growth in sales. The decline in net income, included a rise in cost of goods sold during the latest quarter. Net income attributable to the company was down to $23.8 million or $0.42 per share, from $39.9 million or $0.71 per share last year. Mueller Industries Inc. (NYSE:MLI) shares increased 0.18% in last trading session and ended the day at $32.59. MLI Gross Margin is 13.80% and its return on assets is 7.60%. Mueller Industries Inc. (NYSE:MLI) quarterly performance is 15.24%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone