Stocks Buzz: Transocean Ltd. (NYSE:RIG), Micron Technology, Inc. (NASDAQ:MU), CorVel Corporation (NASDAQ:CRVL), Kforce Inc. (NASDAQ:KFRC), IMRIS, Inc. (NASDAQ:IMRS)

Technology Stocks News 17

Transocean LTD (NYSE:RIG) has received a “BBB-” credit rating from Morningstar. The investment research firm’s “BBB-” rating suggests that the company is a moderate default risk. They also gave their stock a five star rating. Transocean Ltd. (NYSE:RIG) belongs to Basic Materials sector. Its net profit margin is -5.20% and weekly performance is -4.23%. On last trading day company shares ended up $18.33. Transocean Ltd. (NYSE:RIG) distance from 50-day simple moving average (SMA50) is -22.12%.

Avnet Electronics Marketing Americas Celebrates 30-Year Anniversary with Micron Technology, Inc. (NASDAQ:MU). Micron Technology, Inc. (NASDAQ:MU) shares fell -1.10% in last trading session and ended the day at $35.01. MU Gross Margin is 33.20% and its return on assets is 14.60%. Micron Technology, Inc. (NASDAQ:MU) quarterly performance is 4.51%.

CorVel (NASDAQ:CRVL) Director Steven J. Hamerslag unloaded 10,000 shares of the stock on the open market in a transaction dated Monday, December 8th. The shares were sold at an average price of $36.74, for a total value of $367,400.00. On 31 December, CorVel Corporation (NASDAQ:CRVL) shares fell -0.93% and was closed at $37.22. CRVL EPS growth in last 5 year was 17.80%. CorVel Corporation (NASDAQ:CRVL) year to date (YTD) performance is -20.30%.

On Dec. 23, Kforce Inc. (NASDAQ:KFRC), announced that it has entered into a Third Amendment to its current credit facility with a syndicate of banks led by Bank of America and also including Wells Fargo, JPMorgan Chase and BMO Harris Bank. The amended credit facility increases maximum borrowing availability to $170 million, with an accordion feature to increase the capacity by $50 million. As amended the facility matures in December 2019. Kforce Inc. (NASDAQ:KFRC) ended the last trading day at $24.13. Company weekly volatility is calculated as 2.94% and price to cash ratio as 671.03. Kforce Inc. (NASDAQ:KFRC) showed a weekly performance of -1.47%.

On Dec. 24, IMRIS Inc. (NASDAQ:IMRS) announced it has closed the private placement offering of 10,563,380 units at an offering price of US$0.284 per unit. Each unit (the “Units”) consists of one common share of the Company (the “Common Shares”) and one and a quarter common share purchase warrants (the “Warrants”). Each whole Warrant is exercisable into one Common Share during the period starting on the day that is four months from the date of issue and ending on the day that is five and a half years from the date of issue at an exercise price per common share of US$0.3692. IMRIS, Inc. (NASDAQ:IMRS) belongs to Healthcare sector. Its weekly performance is 115.83%. On last trading day company shares ended up $0.84. IMRIS, Inc. (NASDAQ:IMRS) distance from 50-day simple moving average (SMA50) is 160.04%.

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