Today’s Hot List : T-Mobile US (NYSE:TMUS), Frontier Communications (NASDAQ:FTR), Petroleo Brasileiro Petrobras (NYSE:PBR), Global Eagle (NASDAQ:ENT), Simulations (NASDAQ:SLP)

Technology Stocks News 17

Sprint Corporation (NYSE:S) abandoned its bid to buy T-Mobile US Inc (NYSE:TMUS), citing regulatory hurdles, and will appoint Marcelo Claure its new CEO. The shares of S are pointed nearly 18% lower ahead of the bell, and majority owner SoftBank dropped 3.5% in Japan. T-Mobile US, Inc. (NYSE:TMUS) belongs to Technology sector. Its net profit margin is -0.80% and weekly performance is 0.39%. On last trading day company shares ended up $31.06. T-Mobile US, Inc. (NYSE:TMUS) distance from 50-day simple moving average (SMA50) is -5.85%.

Frontier Communications Corporation (NASDAQ:FTR) was reporting internet outages on Wednesday in Snohomish County. Emily Tantare, a spokeswoman for Frontier Communications said Wednesday afternoon that crews have been working for the past 24 hours to restore service in Snohomish County. Frontier Communications Corporation (NASDAQ:FTR) shares decreased -6.02% in last trading session and ended the day at $6.40. FTR Gross Margin is 90.90% and its return on assets is 0.60%. Frontier Communications Corporation (NASDAQ:FTR) quarterly performance is 11.11%.

Brazil’s Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has completed an expansion and modernization project at its 415,000-b/d Replan refinery in Paulinia, Sao Paulo. The recent start-up of the waste gas treatment unit marks the completion of a $5 billion modernization program at the Replan refinery, which has been one of the largest and most complex modernization projects the company has taken at any of its refineries, the company said. On 06 August, Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares moved up 3.17% and was closed at $16.59. PBR EPS growth in last 5 year was -16.90%. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) year to date (YTD) performance is 24.46%.

Global Eagle Entertainment (NASDAQ:ENT), a worldwide leading provider of content and connectivity solutions for airlines, has successfully launched WISE™ (Wireless Inflight Services and Entertainment) on select Middle Eastern routes on-board Philippine Airlines. Global Eagle Entertainment Inc. (NASDAQ:ENT) ended the last trading day at $9.65. Company weekly volatility is calculated as 4.27%and price to cash ratio as 2.77. Global Eagle Entertainment Inc. (NASDAQ:ENT) showed a weekly performance of -10.32%.

Simulations Plus, Inc. (NASDAQ:SLP) said that its board of directors has declared its next ongoing quarterly cash dividend of USD0.05 per share to its shareholders. This cash dividend will be distributed on Monday August 11, 2014, for shareholders of record as of Monday, August 4, 2014. Simulations Plus, Inc. (NASDAQ:SLP) shares moved up 1.80% in last trading session and ended the day on $6.33. SLP Gross Margin is 86.40% and its return on assets is 16.90%. Simulations Plus, Inc. (NASDAQ:SLP) quarterly performance is 6.06%.

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