Today’s Hot List: IAC/InterActiveCorp (NASDAQ:IACI), Micron Technology, Inc. (NASDAQ:MU), Ecopetrol SA (NYSE:EC), Cypress Semiconductor Corporation (NASDAQ:CY), Cubist Pharmaceuticals Inc. (NASDAQ:CBST)

Technology Stocks News 16

Credit Suisse reaffirmed their outperform rating on shares of IAC/InterActiveCorp (NASDAQ:IACI) in a report issued on Thursday. They currently have a $72.00 target price on the stock, down from their previous target price of $76.00. IAC/InterActiveCorp (NASDAQ:IACI) belongs to Technology sector. Its net profit margin is 14.00% and weekly performance is -1.06%. On last trading day company shares ended up $64.30. IAC/InterActiveCorp (NASDAQ:IACI) distance from 50-day simple moving average (SMA50) is 0.64%.

On Nov 26, Micron Technology, Inc. (NASDAQ:MU)announced that Ronald C. Foster, Chief Financial Officer (CFO) and Vice President of Finance, will retire from Micron next year. Micron Technology, Inc. (NASDAQ:MU) shares fell -2.67% in last trading session and ended the day at $34.99. MU Gross Margin is 33.20% and its return on assets is 14.60%. Micron Technology, Inc. (NASDAQ:MU) quarterly performance is 11.04%.

Astellas Pharma Europe Ltd. announced that the Ecopetrol SA (NYSE:EC) has granted a variation to amend the Marketing Authorisation for enzalutamide (trade name XTANDI). Enzalutamide is now approved in Europe for the treatment of adult men with metastatic castration-resistant prostate cancer (mCRPC) who are asymptomatic or mildly symptomatic after failure of androgen deprivation therapy in whom chemotherapy is not yet clinically indicated. Ecopetrol SA (NYSE:EC) belongs to Basic Materials sector. Its net profit margin is 15.40% and weekly performance is -20.80%. On last trading day company shares ended up $20.11. Ecopetrol SA (NYSE:EC) distance from 50-day simple moving average (SMA50) is -28.13%.

Cypress Semiconductor Corporation (NASDAQ:CY) will buy peer Spansion Inc for $1.59 billion in stock, creating a chipmaker with more than $2 billion in annual revenue to help it shrug off weakness in the smartphone market. Cypress Semiconductor Corporation (NASDAQ:CY) shares decreased -1.60% in last trading session and ended the day at $10.43. CY Gross Margin is 48.80% and its return on assets is 0.10%. Cypress Semiconductor Corporation (NASDAQ:CY) quarterly performance is -3.16%.

TheStreet upgraded shares of Cubist Pharmaceuticals (NASDAQ:CBST) from a hold rating to a buy rating in a report released on Monday. Cubist Pharmaceuticals Inc. (NASDAQ:CBST) ended the last trading day at $75.60. Company weekly volatility is calculated as 2.07% and price to cash ratio as 8.40. Cubist Pharmaceuticals Inc. (NASDAQ:CBST) showed a weekly performance of 2.72%.

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