Stocks in News : Angie’s List (NASDAQ:ANGI), Cavium (NASDAQ:CAVM), Global Sources (NASDAQ:GSOL), Cross Timbers Royalty Trust (NYSE:CRT), Newfield Exploration Co. (NYSE:NFX)

Technology Stocks News 18

Angie’s List (NASDAQ:ANGI) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued on Friday, 22 Aug 2014. The firm currently has a $8.30 price target on the stock. Angie’s List, Inc. (NASDAQ:ANGI) belongs to Technology sector. Its net profit margin is -11.50% and weekly performance is -2.54%. On last trading day company shares ended up $7.67. Angie’s List, Inc. (NASDAQ:ANGI) distance from 50-day simple moving average (SMA50) is -18.68%.

Cavium Inc. (NASDAQ:CAVM) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.02. The company had revenue of $90.70 million for the quarter, compared to the consensus estimate of $90.04 million. During the same quarter in the previous year, the company posted $0.23 earnings per share. The company’s revenue for the quarter was up 22.2% on a year-over-year basis. Analysts expect that Cavium will post $1.45 EPS for the current fiscal year. Cavium, Inc. (NASDAQ:CAVM) shares decreased -0.79% in last trading session and ended the day at $55.56. CAVM Gross Margin is 63.60% and its return on assets is -1.10%. Cavium, Inc. (NASDAQ:CAVM) quarterly performance is 11.39%.

Global Sources Ltd. (NASDAQ:GSOL), a Hong Kong-based B2B company that facilitates international trade with Greater China and other parts of Asia through exhibitions and other means, reported a drop recently in second-quarter online sales, driven primarily by declines in hosted online B2B websites. During the quarter ended June 30, the company, whose target audience is buyers and sellers of all sizes and whose primary service is hosting marketing websites that present suppliers’ product and company information for buyers, generated revenues of $48.3 million, down 21.3 percent from $61.4 million. Profit from operations was down 67 percent, to $6.2 million from $18.8 million. On 03 September, Global Sources Ltd. (NASDAQ:GSOL) shares decreased -2.08% and was closed at $7.05. GSOL EPS growth in last 5 year was 12.30%. Global Sources Ltd. (NASDAQ:GSOL) year to date (YTD) performance is -13.28%.

U.S. Trust, Bank of America Private Wealth Management, as Trustee of the Cross Timbers Royalty Trust (NYSE:CRT), on 19 Aug 2014 declared a cash distribution to the holders of its units of beneficial interest of $0.255332 per unit, payable on September 15, 2014, to unitholders of record on August 29, 2014. Cross Timbers Royalty Trust (NYSE:CRT) ended the last trading day at $32.41. Company weekly volatility is calculated as 2.14%and price to cash ratio as 121.54. Cross Timbers Royalty Trust (NYSE:CRT) showed a weekly performance of 4.62%.

Newfield Exploration (NYSE:NFX) COO Gary D. Packer unloaded 35,000 shares of Newfield Exploration stock on the open market in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $44.46, for a total transaction of $1,556,100.00. Following the completion of the transaction, the chief operating officer now directly owns 227,072 shares of the company’s stock, valued at approximately $10,095,621. Newfield Exploration Co. (NYSE:NFX) shares decreased -2.51% in last trading session and ended the day on $42.78. NFX Gross Margin is 75.00% and its return on assets is 3.20%. Newfield Exploration Co. (NYSE:NFX) quarterly performance is 16.73%.

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