Today’s Stocks : Rite Aid Corporation (NYSE:RAD), Flextronics International (NASDAQ:FLEX), Iteris (NYSEMKT:ITI), Aruba Networks, Inc. (NASDAQ:ARUN), Burlington Stores, Inc. (NYSE:BURL)

Technology Stocks News 15

Rite Aid (NYSE:RAD) last issued its quarterly earnings data on Thursday, September 18th. The company reported $0.13 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.06 by $0.07. The company had revenue of $6.50 billion for the quarter. During the same quarter last year, the company posted $0.03 earnings per share. Rite Aid’s revenue was up 3.9% compared to the same quarter last year. On average, analysts predict that Rite Aid will post $0.28 earnings per share for the current fiscal year. Rite Aid Corporation (NYSE:RAD) belongs to Services sector. Its net profit margin is 1.00% and weekly performance is 3.31%. On last trading day company shares ended up $5.00. Rite Aid Corporation (NYSE:RAD) distance from 50-day simple moving average (SMA50) is -17.48%.

Flextronics International Ltd. (NASDAQ:FLEX) on Sept. 23 announced the addition of a new application specific lighting product to its award winning Lusio Essentials Series. The new product will help facility managers improve illumination in manufacturing and warehouse applications while lowering their utility bills. The Company also announced feature enhancements and CE certifications for its high bay lighting products to help both North American and international businesses lower energy costs and achieve their efficiency goals. Flextronics International Ltd. (NASDAQ:FLEX) shares moved down -1.94% in last trading session and ended the day at $10.10. FLEX Gross Margin is 5.60% and its return on assets is 3.90%. Flextronics International Ltd. (NASDAQ:FLEX) quarterly performance is -8.10%.

Iteris, Inc. (NYSE MKT: ITI), a leader in providing intelligent traffic management and weather information solutions, has released ClearPath Ag™ Select, an expanded Application Programming Interface (API) for iOS, Android and other computing platforms that provides access to high-resolution weather information and mapping visualization for real-time decision support. On 07 October, Iteris, Inc. (NYSEMKT:ITI) shares moved down -3.57% and was closed at $1.62. ITI EPS growth in last 5 year was -33.20%. Iteris, Inc. (NYSEMKT:ITI) year to date (YTD) performance is -22.86%.

Aruba Networks (NASDAQ:ARUN) Insider Keerti Melkote sold 18,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $21.28, for a total transaction of $383,040.00. Following the sale, the insider now directly owns 68,313 shares in the company, valued at approximately $1,453,701.Aruba Networks, Inc. (NASDAQ:ARUN) ended the last trading day at $20.68. Company weekly volatility is calculated as 3.47% and price to cash ratio as 7.92. Aruba Networks, Inc. (NASDAQ:ARUN) showed a weekly performance of -4.17%.

Burlington Stores, Inc. (NYSE:BURL) (the “Company”) announced today that affiliates of Bain Capital Partners, LLC and certain other stockholders intend to offer 8,000,000 shares of the Company’s common stock in an underwritten public offering. The offering consists entirely of secondary shares to be sold by the selling stockholders. The Company will not sell any shares in the offering and will not receive any proceeds from the offering. Burlington Stores, Inc. (NYSE:BURL) shares moved down -2.61% in last trading session and ended the day at $37.65. BURL Gross Margin is 39.80% and its return on assets is 0.90%. Burlington Stores, Inc. (NYSE:BURL) quarterly performance is 24.92%.

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