Stocks News Alert: Avago Technologies Limited (NASDAQ:AVGO), AutoNation Inc. (NYSE:AN), Intel Corporation (NASDAQ:INTC), Bank of America Corporation (NYSE:BAC), Schlumberger Limited (NYSE:SLB)

Technology Stocks News 18

Avago Technologies (NASDAQ:AVGO) has received an average rating of “Buy” from the twenty-three brokerages that are presently covering the company, Analyst Ratings Network reports. Three investment analysts have rated the stock with a hold recommendation, sixteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. Avago Technologies Limited (NASDAQ:AVGO) belongs to Technology sector. Its net profit margin is 6.20% and weekly performance is -2.38%. On last trading day company shares ended up $101.32. Avago Technologies Limited (NASDAQ:AVGO) distance from 50-day simple moving average (SMA50) is 6.05%.

AutoNation Inc. (NYSE:AN) announced that Mike Jackson, Chairman and CEO, has been named to the additional role of President effective February 4, 2015 and has signed a five year employment contract extension through 2019. Jackson has been the CEO of AutoNation since 1999 and the Chairman since 2002. AutoNation Inc. (NYSE:AN) belongs to Services sector. Its net profit margin is 2.20% and weekly performance is -6.25%. On last trading day company shares ended up $56.12. AutoNation Inc. (NYSE:AN) distance from 50-day simple moving average (SMA50) is -4.04%.

Intel Corporation (NASDAQ:INTC)’s $4.21 Billion Mobile Loss Would Have Sunk Most Rivals. The world’s largest chipmaker racked up those losses in a business that reported negative sales in the fourth quarter of 2014. Intel plans to reduce costs at its mobile unit, which is being folded into its PC-chip division, by $800 million in 2015 as it begins offering cheaper, more capable chips for tablets and phones and pays less in subsidies, the company said. Intel Corporation (NASDAQ:INTC) shares decreased -0.44% in last trading session and ended the day at $36.19. INTC Gross Margin is 62.90% and its return on assets is 11.60%. Intel Corporation (NASDAQ:INTC) quarterly performance is 16.44%.

Bank of America Corporation (NYSE:BAC), reported a 14 percent fall in quarterly profit as a decline in bond yields further crimped earnings. The company reported net income for common shareholders of $2.74 billion, or 25 cents per share, after adjusting the mortgage bond portfolio and recording two other charges related to its valuation of derivatives and debt. On 15 January, Bank of America Corporation (NYSE:BAC) shares decreased -5.24% and was closed at $15.20. BAC EPS growth in last 5 year was 10.80%. Bank of America Corporation (NYSE:BAC) year to date (YTD) performance is -15.04%.

Schlumberger Limited (NYSE:SLB) reported fourth-quarter earnings that beat Wall Street expectations on record revenue in North America due to efficiencies and new technology. The oil-field services giant said fourth-quarter adjusted earnings came to $1.50 a share, compared with consensus of $1.45 a share, according to FactSet, and earnings of $1.35 a share in the fourth quarter of 2013. Schlumberger Limited (NYSE:SLB) ended the last trading day at $76.63. Company weekly volatility is calculated as 3.33% and price to cash ratio as 14.59. Schlumberger Limited (NYSE:SLB) showed a weekly performance of -7.34%.

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