Stocks Gaining Momentum: Cypress Semiconductor Corporation (NASDAQ:CY), EOG Resources, Inc. (NYSE:EOG), Sprague Resources LP (NYSE:SRLP), W.R. Grace (NYSE:GRA), Encana Corporation (NYSE:ECA)

Technology Stocks News 4

On Dec. 31, Levi & Korsinsky notifies investors of Spansion, Inc. (NYSE:CODE) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to Cypress Semiconductor (NASDAQ:CY). A complaint was filed in California state court. Cypress Semiconductor (NASDAQ:CY) shares are down in trading on Tuesday after the stock declined by 3.73% to $13.69 in intraday trading today. Cypress Semiconductor Corporation (NASDAQ:CY) belongs to Technology sector. Its net profit margin is 0.10% and weekly performance is -5.72%. On last trading day company shares ended up $13.69. Cypress Semiconductor Corporation (NASDAQ:CY) distance from 50-day simple moving average (SMA50) is 16.99%.

Shares of EOG Resources (NYSE:EOG) were the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 12,971,874 shares, an increase of 57.6% from the November 28th total of 8,232,081 shares, StockRatingsNetwork.com reports. EOG Resources, Inc. (NYSE:EOG) shares fell -2.85% in last trading session and ended the day at $84.21. EOG Gross Margin is 61.40% and its return on assets is 9.40%. EOG Resources, Inc. (NYSE:EOG) quarterly performance is -11.26%.

Sprague Resources (NASDAQ:SRLP) had its price objective reduced by Barclays from $26.00 to $25.00 in a research report released on Friday morning. Barclays currently has an equal weight rating on the stock. On 06 January, Sprague Resources LP (NYSE:SRLP) shares fell -0.21% and was closed at $23.64. SRLP EPS growth in last 5 year was -35.40%. Sprague Resources LP (NYSE:SRLP) year to date (YTD) performance is 0.81%.

W. R. Grace & Co (NYSE:GRA) had its price target increased by Jefferies Group from $107.00 to $113.00 in a research report sent to investors on Monday morning. The firm currently has a buy rating on the stock. W.R. Grace & Co. (NYSE:GRA) ended the last trading day at $92.18. Company weekly volatility is calculated as 2.00% and price to cash ratio as 11.19. W.R. Grace & Co. (NYSE:GRA) showed a weekly performance of -5.29%.

Encana Corporation (NYSE:ECA) is selling around 500 kilometres of pipeline and seven gas compression stations ahead of a major reinvestment in the Montney shale, the company announced December 29. According to a release, the company has sold around $412 million in “natural gas gathering and compression assets” to Veresen Midstream. Encana Corporation (NYSE:ECA) shares fell -1.68% in last trading session and ended the day at $12.90. ECA Gross Margin is 84.50% and its return on assets is 15.70%. Encana Corporation (NYSE:ECA) quarterly performance is -39.52%.

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