Stocks in Focus : Verizon Communications (NYSE:VZ), LinkedIn (NYSE:LNKD), AXL, LKQ Corp. (NASDAQ:LKQ), Golden Minerals (NYSEMKT:AUMN)

Technology Stocks News 16

Verizon Communications (NYSE: VZ) is handling about 300,000 conversions from copper to fiber per year but it still has about 1 million homes left to convert to fiber before it wraps up its entire conversion plan that it has been working on for three years, said a top company executive today. Verizon Communications Inc. (NYSE:VZ) belongs to Technology sector. Its net profit margin is 12.50% and weekly performance is 0.72%. On last trading day company shares ended up $49.00. Verizon Communications Inc. (NYSE:VZ) distance from 50-day simple moving average (SMA50) is -1.12%.

LinkedIn Corp (NYSE:LNKD) CFO Steven J. Sordello sold 5,000 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $215.13, for a total transaction of $1,075,650.00. Following the completion of the transaction, the chief financial officer now directly owns 49,565 shares of the company’s stock, valued at approximately $10,662,918. The transaction was disclosed in a filing with the Securities & Exchange Commission. LinkedIn Corporation (NYSE:LNKD) shares moved up 1.50% in last trading session and ended the day at $218.36. LNKD Gross Margin is 86.80% and its return on assets is -0.40%. LinkedIn Corporation (NYSE:LNKD) quarterly performance is 47.68%.

In a note released Thursday morning, Credit Suisse initiated coverage on American Axle & Manufacturing (NYSE:AXL) with a Neutral rating and a $20 price target. On 14 August, American Axle & Manufacturing Holdings Inc. (NYSE:AXL) shares moved up 0.50% and was closed at $17.96. AXL EPS growth in last 5 year was 15.50%. American Axle & Manufacturing Holdings Inc. (NYSE:AXL) year to date (YTD) performance is -12.18%.

LKQ Corp (NYSE:LKQ) had its price objective raised by Wellington Shields from $38.00 to $41.00 in a research report released on Friday morning. Wellington Shields currently has a buy rating on the stock. LKQ Corp. (NASDAQ:LKQ) ended the last trading day at $26.46. Company weekly volatility is calculated as 1.93%and price to cash ratio as 73.07. LKQ Corp. (NASDAQ:LKQ) showed a weekly performance of 1.85%.

Research analysts at Roth Capital decreased their price objective on shares of Golden Minerals (NASDAQ:AUMN) from $1.40 to $1.30 in a report released on Friday. Golden Minerals Company (NYSEMKT:AUMN) shares moved up 0.86% in last trading session and ended the day on $1.17. AUMN Gross Margin is -77.60% and its return on assets is -756.40%. Golden Minerals Company (NYSEMKT:AUMN) quarterly performance is 74.63%.

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