Notable Ups And Down: Yahoo! Inc. (NASDAQ:YHOO), Patterson-UTI Energy Inc. (NASDAQ:PTEN), CONSOL Energy Inc. (NYSE:CNX), Tower Semiconductor Ltd. (NASDAQ:TSEM), Restoration Hardware (NYSE:RH)

Technology Stocks News 17

Bank of America/Merrill Lynch analyst Justin Post on Friday lifted his rating on Yahoo! Inc. (NASDAQ:YHOO) post raised his rating on Yahoo to buy from neutral and his price objective on the company’s stock to $62 from $50, based in large part on its stake in and ties to Chinese Internet kingpin Alibaba Group. Yahoo! Inc. (NASDAQ:YHOO) belongs to Technology sector. Its weekly performance is -2.14%. On last trading day company shares ended up $49.21. Yahoo! Inc. (NASDAQ:YHOO) distance from 50-day simple moving average (SMA50) is 7.05%.

On Dec 04, Onshore contract driller, Patterson-UTI Energy Inc. (NASDAQ:PTEN) declared that its Nov 2014 drill rig count has decreased by 2 from Oct 2014 to reach an average of 219. The company operated 209 rigs in the U.S. and 10 in Canada last month. Patterson-UTI Energy Inc. (NASDAQ:PTEN) shares moved down -5.54% in last trading session and ended the day at $14.91. PTEN Gross Margin is 33.90% and its return on assets is 3.20%. Patterson-UTI Energy Inc. (NASDAQ:PTEN) quarterly performance is -53.99%.

Natural gas and coal producer Consol Energy, Inc. (NYSE:CNX) announced Wednesday plans to pursue the initial public offerings of a Thermal Coal MLP and Metallurgical Coal subsidiary as it continues efforts to unlock inherent value of its assets. The launch of the IPOs are primarily subject to the final approval of Consol Energy’s board of directors and prevailing market conditions. CONSOL Energy Inc. (NYSE:CNX) belongs to Basic Materials sector. Its net profit margin is 21.60% and weekly performance is -7.24%. On last trading day company shares ended up $34.96. CONSOL Energy Inc. (NYSE:CNX) distance from 50-day simple moving average (SMA50) is -5.36%.

TowerJazz, a subsidiary of Tower Semiconductor Ltd. (NASDAQ:TSEM) will present “TowerJazz, the fastest growing foundry in Asia Pacific” at IC CAD 2014 on December 11-12, in Hong Kong Science Parks. TowerJazz will also exhibit at booth 1F 33-34 to showcase its foundry technologies and global footprint. TowerJazz’s presence at this important semiconductor industry conference further demonstrates its dedication to meeting the needs of Mainland China and Hong Kong customers. Tower Semiconductor Ltd. (NASDAQ:TSEM) ended the last trading day at $13.46. Company weekly volatility is calculated as 5.19% and price to cash ratio as 3.31. Tower Semiconductor Ltd. (NASDAQ:TSEM) showed a weekly performance of 1.13%.

Restoration Hardware Holdings, Inc. (NYSE:RH) announced record financial results for the third quarter ended November 1, 2014. Net revenues for the third quarter of fiscal 2014 increased 22% to $484.7 million from $395.8 million in the third quarter of fiscal 2013. Comparable brand revenue, which includes direct, increased 22% in the third quarter of fiscal 2014 on top of a 38% increase for the same period last year. Restoration Hardware Holdings, Inc. (NYSE:RH) shares moved down -0.25% in last trading session and ended the day at $86.18. RH Gross Margin is 36.50% and its return on assets is 5.80%. Restoration Hardware Holdings, Inc. (NYSE:RH) quarterly performance is 7.74%.

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