Moving Stocks : Valero Energy Corporation (NYSE:VLO), CEMEX, S.A.B. de C.V. (NYSE:CX), Shiloh Industries Inc. (NASDAQ:SHLO), Electronics for Imaging, Inc. (NASDAQ:EFII), RE

Technology Stocks News 1

Equities research analysts at RBC Capital began coverage on shares of Valero Energy (NYSE:VLO) in a research note issued to investors on Wednesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $66.00 price target on the stock. RBC Capital’s price target indicates a potential upside of 44.74% from the stock’s previous close. Valero Energy Corporation (NYSE:VLO) belongs to Basic Materials sector. Its net profit margin is 2.20% and weekly performance is -2.50%. On last trading day company shares ended up $45.17. Valero Energy Corporation (NYSE:VLO) distance from 50-day simple moving average (SMA50) is -10.76%.

Cement and building-materials company CEMEX, S.A.B. de C.V. (NYSE:CX) said Sdep 30, that it has obtained a $1.35 billion bank loan with which it will pay down debt under an existing agreement, giving it greater flexibility to obtain financing and make investments. Cemex, which is among the world’s top four cement companies, said the new credit agreement involves nine of the banks that participated in the earlier financing agreement, and that it will invite others to join. CEMEX, S.A.B. de C.V. (NYSE:CX) shares moved down -1.10% in last trading session and ended the day at $12.59. CX Gross Margin is 31.10% and its return on assets is -1.70%. CEMEX, S.A.B. de C.V. (NYSE:CX) quarterly performance is -7.36%.

Shiloh Industries, Inc. (NASDAQ:SHLO), announced its acquisition of Warren, Michigan based, Radar Industries. The purchase leverages Radar Industries’ tooling technologies, strong stamping capabilities, key customer relationships and expands Shiloh’s existing manufacturing capacity to include Central Mexico and Michigan. On 02 October, Shiloh Industries Inc. (NASDAQ:SHLO) shares advanced 2.42% and was closed at $17.37. SHLO EPS growth in last 5 year was 25.40%. Shiloh Industries Inc. (NASDAQ:SHLO) year to date (YTD) performance is -10.92%.

On Sept. 30, Electronics for Imaging, Inc. (NASDAQ:EFII) announced the launch of a new line of Fiery digital print servers driving two new families of Ricoh® digital presses that were announced earlier this week. EFI and Ricoh have collaborated again to deliver high-performance Fiery digital front ends (DFE) for enhanced productivity, streamlined operation, superior image quality and optimal workflow connectivity. Electronics for Imaging, Inc. (NASDAQ:EFII) ended the last trading day at $43.99. Company weekly volatility is calculated as 1.89% and price to cash ratio as 6.30. Electronics for Imaging, Inc. (NASDAQ:EFII) showed a weekly performance of -0.68%.

On Sep 17, Everest Re Group Ltd. (NYSE:RE) will release its third quarter 2014 earnings after trading closes on the NYSE on October 22, 2014. Everest Re Group Ltd. (NYSE:RE) shares advanced 0.58% in last trading session and ended the day at $161.47. RE return on assets is 5.50%. Everest Re Group Ltd. (NYSE:RE) quarterly performance is 0.07%.

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