News Buzz : NII Holdings (NASDAQ:NIHD), JPMorgan Chase & Co. (NYSE:JPM), HMS Holdings (NASDAQ:HMSY), Sony (NYSE:SNE), Endologix Inc. (NASDAQ:ELGX),

Technology Stocks News 20

NII Holdings Inc. (NASDAQ:NIHD) which owns Nextel-branded wireless units in Latin America, filed for Chapter 11 bankruptcy protection in New York on Monday after deteriorating performance caused it to miss a series of interest payments. NII Holdings Inc. (NASDAQ:NIHD)’s stock on 15 September traded at beginning with a price of $0.1249 and when day-trade ended the stock finally moved down -36.15% to end at $0.08. NII Holdings Inc. (NASDAQ:NIHD)’s showed weekly performance of -51.18%.

JPMorgan Chase & Co. (NYSE:JPM) release a paper pushing for wider buffers in clearing houses, as reported by Financial Times. The bank’s concerns stem from the expectations of a market collapse, whose effects are amplified if clearing houses maintain small buffers (or default funds). JPMorgan will issue a warning that the current system is “brittle and opaque” for dealing with potential clearing house failures and that a new framework is required. JPMorgan Chase & Co. (NYSE:JPM) on Monday closed at $59.94. Stock institutional ownership is 75.10% while insider ownership includes 0.10%. JPMorgan Chase & Co. (NYSE:JPM) distance from 50-day simple moving average (SMA50) is 3.37%.

Stephens started coverage on shares of HMS Holdings Corp (NASDAQ:HMSY) in a research report released on Friday morning. The firm issued an overweight rating on the stock. HMS Holdings Corp. (NASDAQ:HMSY)’s shares on Monday traded in the range of 20.45 – 21.21and ended up on $20.79. HMS Holdings Corp. (NASDAQ:HMSY) distance from 200-day simple moving average (SMA200) is 2.77%. HMSY’s sales growth for past 5 years was 21.70% and its EPS growth for past 5 years was 10.80%.

Sony Corporation (NYSE:SNE) PlayStation Network suffered a major attack and service outage yesterday, the second such attack in a number of years. Unlike the 2011 attack in which Sony Corp(NYSE:SNE) lost customer data however, this most recent outage resulted in no data being hijacked, and that ultimately makes the situation a “win for Sony” according to Jon Fortt. Sony Corporation (NYSE:SNE) belongs to Consumer Goods sector. Its net profit margin is -1.40% and weekly performance is 3.44%. On last trading day company shares ended up $19.87. Sony Corporation (NYSE:SNE) distance from 50-day simple moving average (SMA50) is 10.30%.

Endologix Inc. (NASDAQ:ELGX) on Monday closed at $13.99. Stock institutional ownership is 97.00% while insider ownership includes 1.90%. Endologix Inc. (NASDAQ:ELGX) distance from 50-day simple moving average (SMA50) is -0.31%.

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