Stocks in Focus : Nabors Industries Ltd. (NYSE:NBR), Apple Inc. (NASDAQ:AAPL), CU Bancorp (NASDAQ:CUNB), Oiltanking Partners, L.P. (NYSE:OILT), VMware, Inc. (NYSE:VMW)

Technology Stocks News 20

On Oct 21, Contract driller Nabors Industries Ltd. (NYSE:NBR) reported a 17 percent rise in revenue, its highest increase in nine quarters, as it benefited from strong spending in U.S. shale fields. The company, owner of the world’s largest land-drilling rig fleet and a major provider of fracking services, said the recent fall in oil prices could affect customer spending but it was well positioned to weather any downturn. Nabors Industries Ltd. (NYSE:NBR) belongs to Basic Materials sector. Its net profit margin is 2.40% and weekly performance is -5.52%. On last trading day company shares ended up $17.62. Nabors Industries Ltd. (NYSE:NBR) distance from 50-day simple moving average (SMA50) is -22.25%.

The decision by CVS Health Corp. (CVS) and Rite Aid Corp. (RAD) to block Apple Inc. (NASDAQ:AAPL)’s mobile-payment technology presages a long fight over the fees and customer data collected when people use smartphones to buy stuff. Apple Inc. (NASDAQ:AAPL) shares increased 1.55% in last trading session and ended the day at $106.74. AAPL Gross Margin is 38.60% and its return on assets is 17.80%. Apple Inc. (NASDAQ:AAPL) quarterly performance is 9.30%.

CU Bancorp (NASDAQ:CUNB), reported net income of $2.55 million, or $0.23 per fully diluted share, for the third quarter of 2014, an increase of 2.9% from net income of $2.48 million, or $0.23 per fully diluted share, for the third quarter of 2013. Core net income (defined below) for the third quarter of 2014 was $3.18 million or $0.28 per diluted share, an increase of 28.4% from core net income of $2.48 million, or $0.23 per share for the third quarter of 2013.On 28 October, CU Bancorp (NASDAQ:CUNB) shares increased 1.81% and was closed at $19.68. CUNB EPS growth in last 5 year was 19.50%. CU Bancorp (NASDAQ:CUNB) year to date (YTD) performance is 12.59%.

On Oct 17, Oiltanking Partners, L.P. (NYSE:OILT) announced that the board of directors of its general partner declared an increase in the quarterly cash distribution to $0.2725 per unit, or $1.09 per unit on an annualized basis, for the third quarter of 2014. Oiltanking Partners, L.P. (NYSE:OILT) ended the last trading day at $46.50. Company weekly volatility is calculated as 2.85% and price to cash ratio as 368.15. Oiltanking Partners, L.P. (NYSE:OILT) showed a weekly performance of 1.31%.

India-based IT services firm Tata Consultancy Services or TCS, and VMware, Inc. (NYSE:VMW), a provider of virtualization and cloud infrastructure, Wednesday announced the strengthening of their partnership. VMware, Inc. (NYSE:VMW) belongs to Technology sector. Its net profit margin is 15.40% and weekly performance is -3.16%. On last trading day company shares ended up $85.40. VMware, Inc. (NYSE:VMW) distance from 50-day simple moving average (SMA50) is -9.33%.

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