Today’s Stocks: NTELOS Holdings Corp. (NASDAQ:NTLS), Bank of America Corporation (NYSE:BAC), GigOptix, Evans Bancorp (NYSEMKT:EVBN), Atlas Air Worldwide Holdings (NASDAQ:AAWW)

Technology Stocks News 2

NTELOS NTELOS Holdings Corp. (NTLS), operating through its subsidiaries as “nTelos Wireless,” is headquartered in Waynesboro, VA, and provides high-speed, dependable nationwide voice and data coverage for approximately 458,100 retail subscribers based in Virginia, West Virginia and portions of Maryland, North Carolina, Pennsylvania, Ohio and Kentucky. The Company’s licensed territories have a total population of approximately 8.0 million residents, of which its wireless network covers approximately 6.0 million residents. The Company is also the exclusive wholesale provider of network services to Sprint Corporation in the western Virginia and West Virginia portions of its territories for all Sprint CDMA and LTE wireless customers. NTELOS Holdings Corp. (NASDAQ:NTLS) belongs to Technology sector. Its net profit margin is 2.40% and weekly performance is -2.81%. On last trading day company shares ended up $12.47. NTELOS Holdings Corp. (NASDAQ:NTLS) distance from 50-day simple moving average (SMA50) is -1.65%.

Barclays PLC (ADR) (BCS) has hired a deal banker from Bank of America Corporation (NYSE:BAC) as the head of its M&A structuring division. Richard Casavechia, one of the most experienced deal bankers on Wall Street, will take his place at Barclays before the end of the year. Bank of America Corporation (NYSE:BAC) shares increased 1.36% in last trading session and ended the day at $16.36. BAC return on assets is 0.30%. Bank of America Corporation (NYSE:BAC) quarterly performance is 5.34%.

GigOptix, Inc. (NYSEMKT:GIG) has been downgraded by TheStreet Ratings from Hold to Sell with a ratings score of D+. On 10 September, GigOptix, Inc. (NYSEMKT:GIG) shares moved down -1.65% and was closed at $1.19. GIG EPS growth in last 5 year was 56.50%. GigOptix, Inc. (NYSEMKT:GIG) year to date (YTD) performance is -22.22%.

Executives at Evans Bancorp Inc. (NYSEMKT:EVBN) must now respond to a lawsuit filed Sept. 2 that accuses the Angola-headquartered banking company of intentional racial discrimination in residential mortgage lending. Earl Wells III, a spokesperson for the company, said Wednesday that he does not believe bank officials have been formally served papers yet, but they are already reviewing the document filed by the state Attorney General’s Office alleging the bank deliberately denied residential mortgage lending products and services to African-Americans on Buffalo’s East Side. Evans Bancorp is the parent company of Evans Bank N.A., the eighth-largest bank in the eight counties of Western New York. Evans Bancorp Inc. (NYSEMKT:EVBN) ended the last trading day at $23.01. Company weekly volatility is calculated as 0.73%and price to cash ratio as 1.92. Evans Bancorp Inc. (NYSEMKT:EVBN) showed a weekly performance of -0.82%.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) CEO William J. Flynn unloaded 5,000 shares of Atlas Air Worldwide Holdings stock on the open market in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $35.00, for a total transaction of $175,000.00. Following the completion of the sale, the chief executive officer now directly owns 190,284 shares in the company, valued at approximately $6,659,940. Atlas Air Worldwide Holdings Inc. (NASDAQ:AAWW) shares increased 0.15% in last trading session and ended the day on $33.98. AAWW Gross Margin is 68.10% and its return on assets is 2.30%. Atlas Air Worldwide Holdings Inc. (NASDAQ:AAWW) quarterly performance is -10.74%.

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