Shining on Major News : Comcast Corporation (NASDAQ:CMCSA), Theravance Inc. (NASDAQ:THRX), Silicon Motion Technology Corp. (NASDAQ:SIMO), Franklin Covey Co. (NYSE:FC), CNTF

Technology Stocks News 19

The chairman of the Senate committee that oversees mergers and antitrust issues sent a pointed letter to Comcast Corporation (NASDAQ:CMCSA) on Monday asking the company to strengthen its commitment to net neutrality by pledging never to create Internet fast lanes. Comcast Corporation (NASDAQ:CMCSA) belongs to Services sector. Its net profit margin is 11.20% and weekly performance is 1.40%. On last trading day company shares ended up $52.19. Comcast Corporation (NASDAQ:CMCSA) distance from 50-day simple moving average (SMA50) is -3.74%.

On Oct 09, Theravance Inc. (NASDAQ:THRX) announced the appointment of Eric d’Esparbes as Senior Vice President and Chief Financial Officer. Mr. d’Esparbes will report directly to Michael W. Aguiar, Chief Executive Officer, and be responsible for overseeing financial and IT operations of the company. Theravance Inc. (NASDAQ:THRX) shares increased 3.84% in last trading session and ended the day at $18.64. THRX return on assets is -35.70%. Theravance Inc. (NASDAQ:THRX) quarterly performance is -25.56%.

Ladenburg Thalmann initiated coverage on shares of Silicon Motion Technology Corp. (NASDAQ:SIMO) in a research note issued on Wednesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $32.00 price target on the stock. Ladenburg Thalmann’s price objective indicates a potential upside of 14.78% from the company’s current price. On 21 October, Silicon Motion Technology Corp. (NASDAQ:SIMO) shares increased 5.01% and was closed at $25.56. SIMO EPS growth in last 5 year was -19.10%. Silicon Motion Technology Corp. (NASDAQ:SIMO) year to date (YTD) performance is 84.02%.

On Oct 09, Franklin Covey Co. (NYSE:FC), has appointed a new client partner in response to increased demand for its services in the north of England. Franklin Covey Co. (NYSE:FC) ended the last trading day at $18.90. Company weekly volatility is calculated as 2.62% and price to cash ratio as 60.12. Franklin Covey Co. (NYSE:FC) showed a weekly performance of -1.10%.

On Oct. 16, China Techfaith Wireless Comm. Tech. Ltd (NASDAQ:CNTF) announced it will launch its first wearable, ruggedized, waterproof Smartwatch, branded the “A-Watch”, on the 18th of this month. China Techfaith Wireless Comm. Tech. Ltd (NASDAQ:CNTF) shares increased 5.78% in last trading session and ended the day at $1.28. CNTF Gross Margin is 11.70% and its return on assets is -1.60%. China Techfaith Wireless Comm. Tech. Ltd (NASDAQ:CNTF) quarterly performance is -12.93%.

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