Stocks in News – Verizon Communications (NYSE:VZ) , Valero Energy (NYSE:VLO), Truett-Hurst (NASDAQ:THST) , Myriad (NASDAQ:MYGN), Selective Insurance Group (NASDAQ:SIGI)

Technology Stocks News 2

Communications, information and entertainment products and services provider Verizon Communications Inc. (NYSE:VZ) disclosed that it had accomplished success in its trial of 100G NID, one more milestone in its strong history in the 100G technology space. It will help carry over its regional Ethernet network to two 100G network interface gadgets without disturbing the performance of carrier-grade. Verizon Communications Inc. (NYSE:VZ) stock performance was -1.26% in last session and finished the day at $50.32. Traded volume was 11.49million shares in the last session and the average volume of the stock remained 15.47million shares. The beta of the stock remained 0.40. Verizon Communications Inc. (NYSE:VZ) insider ownership is 0.02%.

Valero Energy Partners (NYSE:VLP) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued on Tuesday. The firm currently has a $56.10 price target on the stock. Zacks‘s price target would indicate a potential upside of 23.03% from the stock’s previous close. Valero Energy Corporation (NYSE:VLO) dropped -2.44 percent to $48.84 Thursday on volume of 7.43million shares. The intra-day range of the stock was $48.77 to $58.14. Valero Energy Corporation (NYSE:VLO) has a market capitalization of $26.05billion.

Truett-Hurst Inc. (NASDAQ:THST) announced the appointment of Paul Forgue as chief financial officer and chief operating officer, effective June 16. Mr. Forgue succeeds James D. Bielenberg who resigned as CFO of the company to pursue other interests. Before joining the company, Mr. Forgue was a senior director of Alvarez & Marsal, a global financial advisory services company, where he provided financial and operational leadership including serving as interim CFO in a number of assignments. Truett-Hurst Inc (NASDAQ:THST)’s stock on July 17, 2014 reported a increase of 2.18% to the closing price of $5.62. Its fifty two weeks range is $3.39 -$6.15. The total market capitalization recorded $20.23million. The overall volume in the last trading session was 1,546.00million shares. In its share capital, THST has 3.60million outstanding shares.

SunTrust hoisted their price objective on shares of Myriad Genetics Inc (NASDAQ:MYGN) from $22.00 to $26.00 in a research note issued on Monday. SunTrust’s target price points to a potential downside of 33.52% from the stock’s previous close. On Thursday, shares of Myriad Genetics, Inc. (NASDAQ:MYGN) dropped -3.04% to close the day at $37.38. Company return on investment (ROI) is 19.50% and its monthly performance is recorded as 1.69%. Myriad Genetics, Inc. (NASDAQ:MYGN) quarterly revenue growth is -2.48%.

Selective Insurance Group, Inc. (NASDAQ:SIGI) plans to hold a conference call on July 31, 2014 at 8:30 a.m. (ET), to discuss second quarter 2014 results. Selective plans to release its results after the market close on July 30, 2014. Selective Insurance Group (NASDAQ:SIGI) stock performance was -1.87% in last session and finished the day at $23.56. Traded volume was 137,763.00million shares in the last session and the average volume of the stock remained 157.94K shares. The beta of the stock remained 1.25. Selective Insurance Group (NASDAQ:SIGI) insider ownership is 2.70%.

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