Stocks Gaining Momentum: AT&T, Inc. (NYSE:T), Exxon Mobil Corporation (NYSE:XOM), Northrop Grumman Corporation (NYSE:NOC), BlackBerry Ltd (NASDAQ:BBRY), Tesla Motors Inc (NASDAQ:TSLA)

Technology Stocks News 8

A burst pipe at AT&T, Inc. (NYSE:T)’s downtown Akron switching office knocked out 911, land line and cellular phone service to many customers in Medina, Portage, Stark and Summit counties Tuesday evening into Wednesday morning. AT&T, Inc. (NYSE:T) belongs to Technology sector. Its net profit margin is 13.00% and weekly performance is 0.48%. On last trading day company shares ended up $33.33. AT&T, Inc. (NYSE:T) distance from 50-day simple moving average (SMA50) is -1.24%.

Exxon Mobil Corporation (NYSE:XOM) counts on its global expertise to make the Canadian project viable, says a report in the Globe and Mail. Malaysia’s state-owned Petronas is widely viewed as the front-runner among 18 entrants in the race to export LNG from the West Coast. Exxon is positioning itself to make up ground on Petronas. Exxon Mobil Corporation (NYSE:XOM) shares fell -0.29% in last trading session and ended the day at $89.74. XOM Gross Margin is 24.80% and its return on assets is 9.70%. Exxon Mobil Corporation (NYSE:XOM) quarterly performance is -0.18%.

The U.S. Air Force has awarded Northrop Grumman Corp. (NYSE:NOC) a contract for the support of Minuteman III Intercontinental Ballistic Missile or ICBM Ground Subsystems. The single award indefinite delivery/indefinite quantity contract is worth $963.5 million, with an initial award value of $4.4 million. Northrop Grumman Corporation (NYSE:NOC) belongs to Industrial Goods sector. Its net profit margin is 8.50% and weekly performance is 2.28%. On last trading day company shares ended up $152.11. Northrop Grumman Corporation (NYSE:NOC) distance from 50-day simple moving average (SMA50) is 6.26%.

Samsung Electronics recently offered to buy BlackBerry Ltd (NASDAQ:BBRY) for as much as $7.5 billion, seeking its valuable patents as it battles Apple in the corporate market, according to a person familiar with the matter and documents seen by Reuters. BlackBerry Ltd (NASDAQ:BBRY) shares increased 29.71% in last trading session and ended the day at $12.60. BBRY Gross Margin is 30.68% and its return on assets is -6.35%. BlackBerry Ltd (NASDAQ:BBRY) quarterly performance is 41.52%.

Tesla Motors Inc (NASDAQ:TSLA) Chief Executive Elon Musk told an auto industry gathering the Silicon Valley auto maker will need until 2020 to be profitable on a basis that includes charges and executive compensation. Mr. Musk, making a rare visit to Detroit during the city’s annual auto show, said Tesla’s Model 3 will need to be in full production mode by the end of the decade to meet the profit goal. The Model 3 is planned as a cheaper and less capable electric car slotted under the Model S sedan and forthcoming Model X SUV in Tesla’s lineup. On 14 January, Tesla Motors Inc (NASDAQ:TSLA) shares fell -5.66% and was closed at $192.69. TSLA EPS growth in last 5 year was 45.10%. Tesla Motors Inc (NASDAQ:TSLA) year to date (YTD) performance is -13.36%.

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