Stocks on the move: Logitech International SA (NASDAQ:LOGI), FXCM Inc. (NYSE:FXCM), Comtech Telecommunications Corp. (NASDAQ:CMTL), Anheuser-Busch InBev SA/NV (NYSE:BUD), DepoMed Inc. (NASDAQ:DEPO)

Technology Stocks News 9

Computer interface devices maker Logitech International S.A. (NASDAQ:LOGI) on Wednesday reported a 31 percent increase in profit for the third quarter from last year, reflecting a slight increase in revenues and higher margins. Adjusted earnings per share for the quarter beat analysts’ expectations. Looking ahead to fiscal 2015, Logitech raised its forecast for adjusted operating income, but lowered its sales outlook, citing a stronger U.S. dollar. Logitech International SA (NASDAQ:LOGI) belongs to Technology sector. Its net profit margin is 5.40% and weekly performance is 5.62%. On last trading day company shares ended up $14.09. Logitech International SA (NASDAQ:LOGI) distance from 50-day simple moving average (SMA50) is 17.29%.

FXCM, Inc. (NYSE:FXCM) announced that starting Wednesday, January 21, 2015 the firm will increase margin requirements globally on forex instruments, as well as gold in its overseas jurisdictions. The new margin requirements for its overseas jurisdictions will be consistent with the firm’s most conservative margin requirements currently in place for clients of Forex Capital Markets, LLC, its U.S. entity. FXCM Inc. (NYSE:FXCM) shares advanced 45.62% in last trading session and ended the day at $2.33. FXCM Gross Margin is 82.70% and its return on assets is 0.20%. FXCM Inc. (NYSE:FXCM) quarterly performance is -85.71%.

Comtech Telecomm. Corp. (NASDAQ:CMTL) was downgraded by stock analysts at TheStreet from a “buy” rating to a “hold” rating in a report issued on Tuesday. On 21 January, Comtech Telecommunications Corp. (NASDAQ:CMTL) shares fell -0.69% and was closed at $31.71. CMTL EPS growth in last 5 year was -4.60%. Comtech Telecommunications Corp. (NASDAQ:CMTL) year to date (YTD) performance is 1.50%.

Anheuser-Busch InBev SA/NV (NYSE:BUD) on Jan 15, said it is launching an e-commerce app called Bud Light Button that will make it possible for consumers in Washington, D.C. to stay on the couch while someone else makes a beer run. Anheuser-Busch InBev SA/NV (NYSE:BUD) ended the last trading day at $117.75. Company weekly volatility is calculated as 1.64% and price to cash ratio as 21.44. Anheuser-Busch InBev SA/NV (NYSE:BUD) showed a weekly performance of 3.39%.

Days after cresting a $1 billion market cap DepoMed Inc. (NASDAQ:DEPO) put its financial strength to work, agreeing to buy U.S. rights to a pain-killing opioid drug from Johnson & Johnson’s Janssen Pharmaceuticals unit for $1.05 billion. The Newark specialty pharmaceutical company (NASDAQ: DEPO) placed $500 million into an escrow account that will be released when the deal closes. The difference will be raised through a combination of debt, equity and equity-linked financing, the companies said Thursday. DepoMed Inc. (NASDAQ:DEPO) shares advanced 0.16% in last trading session and ended the day at $18.87. DEPO Gross Margin is 94.00% and its return on assets is 17.80%. DepoMed Inc. (NASDAQ:DEPO) quarterly performance is 28.28%.

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