Moving Stocks: Axcelis Technologies Inc. (NASDAQ:ACLS), QUALCOMM (NASDAQ:QCOM), Jones Lang LaSalle Incorporated (NYSE:JLL), Mecox Lane Limited (NASDAQ:MCOX), Intermountain Community Bancorp (NASDAQ:IMCB)

Technology Stocks News 5

Axcelis Technologies, Inc. (NASDAQ:ACLS) on 04 Aug 2014 announced financial results for the second quarter ended June 30, 2014. The Company reported second quarter revenue of $41.2 million, compared to $60.8 million for the first quarter of 2014. Loss from operations for the quarter was $6.1 million, compared to operating income of $0.3 million for the first quarter of 2014. Net loss for the quarter was $6.9 million, or $(0.06) per share. This compares to net income for the first quarter of 2014 of $0.2 million, or $0.00 per share. Cash and cash equivalents were $35.6 million at June 30, 2014 compared with $43.0 million at March 31, 2014. Axcelis Technologies Inc. (NASDAQ:ACLS) belongs to Technology sector. Its net profit margin is -5.20% and weekly performance is 5.06%. On last trading day company shares ended up $1.87. Axcelis Technologies Inc. (NASDAQ:ACLS) distance from 50-day simple moving average (SMA50) is 1.54%.

NDRC officials met the Korean Fair Trade Commission (KFTC) recently to find out about the procedure it had followed when it fined QUALCOMM, Inc. (NASDAQ:QCOM) for $200 million for abusing its market power in 2009. QUALCOMM, Inc. (NASDAQ:QCOM), the chip manufacturer, came under scrutiny when an official from the Chinese anti-trust body was caught advising the company regarding its prices and business policies. The Chinese regulatory body has been active in imposing the 2008 anti-monopoly law in the country; and has so far caught 30 companies involved in violations, most of which are international. QUALCOMM, Inc. (NASDAQ:QCOM) shares moved up 0.43% in last trading session and ended the day at $76.77. QCOM Gross Margin is 60.20% and its return on assets is 16.10%. QUALCOMM, Inc. (NASDAQ:QCOM) quarterly performance is -2.99%.

Jones Lang LaSalle Incorporated (NYSE:JLL), which shortened its name to JLL earlier this year, has been selected by North America’s largest cooperative financial group – Desjardins Group – as its exclusive real estate service provider. On 21 August, Jones Lang LaSalle Incorporated (NYSE:JLL) shares moved down -0.10% and was closed at $135.11. JLL EPS growth in last 5 year was 19.60%. Jones Lang LaSalle Incorporated (NYSE:JLL) year to date (YTD) performance is 32.33%.

Mecox Lane Limited (NASDAQ:MCOX), a multi-brand and multi-channel retailer in China, announced that its board of directors has approved a spin-off of the Company’s apparel and accessories business through the sale of the company and its subsidiaries to Fast Fashion China Limited, a company controlled by the former chief executive officer of the company, pursuant to a share purchase agreement entered into as of August 8, 2014. Mecox Lane Limited (NASDAQ:MCOX) ended the last trading day at $4.02. Company weekly volatility is calculated as 2.00%and price to cash ratio as 5.96. Mecox Lane Limited (NASDAQ:MCOX) showed a weekly performance of -0.32%.

The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Intermountain Community Bancorp (NASDAQ:IMCB) (“Intermountain”) in connection with the sale of the Company to Columbia Banking System, Inc. (COLB) (“Columbia”). Intermountain Community Bancorp (NASDAQ:IMCB) shares moved up 1.92% in last trading session and ended the day on $18.55. IMCB return on assets is 1.10%. Intermountain Community Bancorp (NASDAQ:IMCB) quarterly performance is 12.36%.

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