Services Sector Gainers: InterCloud Systems Inc (NASDAQ:ICLD), Vantiv Inc (NYSE:VNTV), Scientific Games Corp (NASDAQ:SGMS), Pacific Sunwear of California (NASDAQ:PSUN)

Technology Stocks News 6

Law Offices of Howard G. Smith reminds investors that all purchasers of the securities of InterCloud Systems Inc (NASDAQ:ICLD) between November 5, 2013 and March 17, 2014, inclusive (the “Class Period”), have until May 27, 2014, to file a motion to be appointed as lead plaintiff in the shareholder lawsuit. InterCloud Systems Inc (NASDAQ:ICLD) stock performance was 63.22% in last session and finished the day at $5.06. Traded volume was 7,119,100 shares in the last session and the average volume of the stock remained 660.63K shares. The beta of the stock remained -2.74. InterCloud Systems Inc (NASDAQ:ICLD) insider ownership is 7.00%.

Vantiv Inc (NYSE: VNTV) has agreed to acquire Mercury Payment Systems LLC, a Durango, Colo.-based provider of payment processing services to small and mid-sized businesses, for $1.65 billion from Silver Lake (62% ownership stake). Mercury is in registration for a $100 million IPO, and reports $43 million in net income on $237 million in revenue for 2013. Vantiv Inc (NYSE:VNTV) Rose 5.50% to $31.46 yesterday on volume of 4,238,300 shares. The intra-day range of the stock was $30.79 – 31.67. Vantiv Inc (NYSE:VNTV) has a market capitalization of $5.95 billion.

Scientific Games Corp (NASDAQ:SGMS) CEO David L. Kennedy bought 36,000 shares of Scientific Games Corp. stock in a transaction that occurred on Monday, May 12th. The shares were purchased at an average cost of $8.98 per share, with a total value of $323,280.00. Following the acquisition, the chief executive officer now directly owns 147,534 shares of the company’s stock, valued at approximately $1,324,855. Scientific Games Corp (NASDAQ:SGMS)’s stock on May 13, 2014 reported a increase 6.53% to the closing price of $9.79. Its fifty two weeks range is $8.28 – 19.48. The total market capitalization recorded $824.82 million. The overall volume in the last trading session was 3,173,000 shares. In its share capital, Scientific Games Corp(NASDAQ:SGMS) has 84.25 million outstanding shares.

Pacific Sunwear of California, Inc. (NASDAQ:PSUN) is one of the companies that pushed the Retail industry higher today. Pacific Sunwear was up $0.17 (6.0%) to $3.00 on heavy volume. The gross profit margin for PACIFIC SUNWEAR CALIF INC is rather low; currently it is at 22.77%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of -10.31% is significantly below that of the industry average. On Tuesday, shares of Pacific Sunwear of California, Inc. (NASDAQ:PSUN) advanced 6.01% to close the day at $3.00. Company return on investment (ROI) is -21.30% and its monthly performance is recorded as 8.70%. Pacific Sunwear of California, Inc. (NASDAQ:PSUN) quarterly revenue growth is 9.09%.

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