Stocks in News : First Niagara Financial Group Inc. (NASDAQ:FNFG), Phoenix New Media Limited (NYSE:FENG), Industrias Bachoco S.A.B. de C.V. (NYSE:IBA), Alere Inc. (NYSE:ALR), KNDI

Technology Stocks News 2

First Niagara Financial Group (NASDAQ:FNFG)‘s stock had its “underweight” rating restated by analysts at Barclays in a research report issued to clients and investors on Monday. They currently have a $7.00 price target on the stock, down from their previous price target of $8.00. First Niagara Financial Group Inc. (NASDAQ:FNFG) belongs to Financial sector. Its net profit margin is 21.20% and weekly performance is -12.71%. On last trading day company shares ended up $7.42. First Niagara Financial Group Inc. (NASDAQ:FNFG) distance from 50-day simple moving average (SMA50) is -12.58%.

On Oct. 23, Phoenix New Media Limited (NYSE:FENG) announced that it will report its third quarter 2014 financial results on Thursday, November 13, 2014 after the market closes. Phoenix New Media Limited (NYSE:FENG) shares advanced 5.45% in last trading session and ended the day at $9.87. FENG Gross Margin is 51.50% and its return on assets is 15.10%. Phoenix New Media Limited (NYSE:FENG) quarterly performance is -7.24%.

Industrias Bachoco S.A.B. de C.V. (NYSE:IBA)’s CEO reports that stable supply and lower costs in Mexico and the US contributed to higher profits and gross margin than a year ago. Compared to 2013, Mexico-based feed, meat and egg company, Industrias Bachoco reports net sales up 12.5 per cent for the latest quarter and EBITDA margin at 16.4 per cent for 3Q14 and 14.9 per cent in the 9M14. On 28 October, Industrias Bachoco S.A.B. de C.V. (NYSE:IBA) shares advanced 3.63% and was closed at $59.99. IBA EPS growth in last 5 year was 34.20%. Industrias Bachoco S.A.B. de C.V. (NYSE:IBA) year to date (YTD) performance is 48.97%.

UnitedHealth Group Inc. ’s Optum health-services arm has agreed to buy Alere Inc. (NYSE:ALR) Health for $600 million in cash, the latest move to deepen Optum’s role in the growing trend toward integrated health-care providers. Alere Inc. (NYSE:ALR) ended the last trading day at $39.12. Company weekly volatility is calculated as 3.84% and price to cash ratio as 8.13. Alere Inc. (NYSE:ALR) showed a weekly performance of 3.00%.

Kandi Technolgies Group, Inc. (NASDAQ:KNDI) announced it will host an investor and analyst event on Wednesday, November 12, 2014 at Hyatt Regency Hotel in San Francisco. Kandi Technolgies Group, Inc. (NASDAQ:KNDI) shares advanced 2.88% in last trading session and ended the day at $15.38. KNDI Gross Margin is 19.60% and its return on assets is -10.70%. Kandi Technolgies Group, Inc. (NASDAQ:KNDI) quarterly performance is -10.32%.

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