Stocks in News: Cisco Systems, Inc. (NASDAQ:CSCO), Merck & Co. Inc. (NYSE:MRK), Education Management Corporation (NASDAQ:EDMC), Park City Group (NASDAQ:PCYG), PharMerica (NYSE:PMC)

Technology Stocks News 17

Cisco Systems, Inc. (NASDAQ:CSCO) launched Project Squared, a business teamwork app that combines chat, video, audio, multi-party meetings and content sharing in a particular experience that supports the demanding teamwork needs of new teams. Project Squared is Cisco’s response to the challenges many workers face on a regularly basis Stay connected through devices, time zones, and project teams. Quickly attain to speed on projects now in progress. Cisco Systems, Inc. (NASDAQ:CSCO) belongs to Technology sector. Its net profit margin is 16.70% and weekly performance is 5.75%. On last trading day company shares ended up $26.59. Cisco Systems, Inc. (NASDAQ:CSCO) distance from 50-day simple moving average (SMA50) is 8.41%.

Merck & Co., Inc.’s (NYSE:MRK) cholesterol drug Vytorin was successful in meeting the primary endpoint of lowering the risks of second heart attacks in patients already undergoing an aggressive treatment, results from a study of the drug show. Merck & Co. Inc. (NYSE:MRK) shares moved up 0.72% in last trading session and ended the day at $59.89. MRK Gross Margin is 59.70% and its return on assets is 5.20%. Merck & Co. Inc. (NYSE:MRK) quarterly performance is 1.42%.

Education Management Corp. announced this month that it would stop reporting to the U.S. Securities and Exchange Commission and delist from the Nasdaq stock exchange. The reason, according to the company: Saving money on the SEC and Nasdaq’s public disclosure requirements for listed companies. On 18 November, Education Management Corporation (NASDAQ:EDMC) shares moved up 13.33% and was closed at $0.34. EDMC EPS growth in last 5 year was -51.90%. Education Management Corporation (NASDAQ:EDMC) year to date (YTD) performance is -96.63%.

Park City Group (NASDAQ:PCYG), a cloud-based software company that uses big data management to help retailers and their suppliers “Sell more, Stock less and See everything,” on 06 November 2014 announced financial results for its fiscal first quarter-ended September 30, 2014. For the quarter ended September 30, 2014, the Company posted year-over-year growth in subscription revenue of 24%. Total revenue grew 20% to a record level of $3.3 million. Record 29% growth in core supply chain subscription revenue – “Subscription revenue, net of ReposiTrak-related revenue, grew at a record pace of 29% during the quarter. By delivering on our brand promise to help. Park City Group Inc. (NASDAQ:PCYG) ended the last trading day at $9.04. Company weekly volatility is calculated as 2.75% and price to cash ratio as 47.06. Park City Group Inc. (NASDAQ:PCYG) showed a weekly performance of -2.48%.

PharMerica (NYSE:PMC) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.45 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.40 by $0.05. The company had revenue of $470.20 million for the quarter, compared to the consensus estimate of $439.63 million. During the same quarter last year, the company posted $0.49 earnings per share. PharMerica’s revenue was up 7.6% compared to the same quarter last year. On average, analysts predict that PharMerica will post $1.64 earnings per share for the current fiscal year. PharMerica Corporation (NYSE:PMC) shares decreased -0.21% in last trading session and ended the day at $23.35. PMC Gross Margin is 17.90% and its return on assets is 0.90%. PharMerica Corporation (NYSE:PMC) quarterly performance is -10.98%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone