Top Losers: ConnectOne Bancorp (NASDAQ:CNOB), Timken (NYSE:TKR), Synageva BioPharma (NASDAQ:GEVA), Fidelity National Financial (NYSE:FNF), MGT Capital Investments (NYSEMKT:MGT)

Technology Stocks News 9

“Connectone Bancorp, Inc.” (NASDAQ:CNOB)‘s stock had its “outperform” rating reiterated by Keefe, Bruyette & Woods in a research note issued on Tuesday. ConnectOne Bancorp Inc (NASDAQ:CNOB) stock performance was 4.16% in last session and finished the day at $20.03. Traded volume was 355,797.00million shares in the last session and the average volume of the stock remained 14.57K shares. The beta of the stock remained 0.53. ConnectOne Bancorp Inc (NASDAQ:CNOB) insider ownership is 12.10%.

Timken Co. (NYSE:TKR) spun off its steel unit to debut as a new publicly traded company called TimkenSteel Corp. ($TMST) when the market opened on Tuesday, July 1st. Timken Co (NYSE:TKR) dropped -28.95 percent to $48.20 Tuesday on volume of 2.48million shares. The intra-day range of the stock was $47.86 to $49.34. Timken Co (NYSE:TKR) has a market capitalization of $4.40billion.

Synageva BioPharma Corp. (NASDAQ:GEVA) announced that sebelipase alfa met the primary endpoint in a randomized, double-blind, placebo-controlled phase III study (Acid Lipase Replacement Investigating Safety and Efficacy − ARISE). Sebelipase alfa showed statistically significant normalization of alanine aminotransferase (ALT) (a measure of liver injury) in patients suffering from lysosomal acid lipase deficiency (LAL deficiency). Synageva BioPharma Corp (NASDAQ:GEVA)’s stock on July 01, 2014 reported a decrease of -13.69% to the closing price of $90.45. Its fifty two weeks range is $41.90 -$119.42. The total market capitalization recorded $3.46billion. The overall volume in the last trading session was 1.06million shares. In its share capital, GEVA has 33.02million outstanding shares.

A new filing with the U.S. Securities and Exchange Commission revealed that Fidelity National Financial Inc. (NYSE:FNF) recently completed a transaction whereby each outstanding share of the company’s class A common stock, par value $0.0001 per share, was reclassified into one share of FNF Group common stock, par value $0.0001 per share, and 0.3333 of a share of FNFV Group common stock. On Tuesday, shares of Fidelity National Financial Inc (NYSE:FNF) advanced 2.66% to close the day at $28.59. Company return on investment (ROI) is 8.40% and its monthly performance is recorded as -13.78%. Fidelity National Financial Inc (NYSE:FNF) quarterly revenue growth is -8.57%.

MGT Capital Investments (NYSEMKT:MGT) confirmed receipt of a notice from Iroquois Master Fund Ltd. (“Iroquois”), announcing its intention to nominate a slate of four directors to stand for election at the Company’s 2014 Annual Meeting of Stockholders. MGT Capital Investments Inc. (NYSEMKT:MGT) stock performance was -9.05% in last session and finished the day at $0.955. Traded volume was 230,500.00million shares in the last session and the average volume of the stock remained 44.65K shares. The beta of the stock remained 0.41. MGT Capital Investments Inc. (NYSEMKT:MGT) insider ownership is 4.10%.

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