Top Movers: Sunesis Pharmaceuticals, Inc. (NASDAQ:SNSS), Kingtone Wirelessinfo Solution Holding Ltd. (NASDAQ:KONE), Adobe Systems Incorporated (NASDAQ:ADBE), Facebook Inc (NASDAQ:FB), UDR, Inc. (NYSE:UDR)

Technology Stocks News 4

BTIG Research assumed coverage on shares of Sunesis Pharmaceuticals (NASDAQ:SNSS) in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm issued a buy rating and a $5.50 price target on the stock. Sunesis Pharmaceuticals, Inc. (NASDAQ:SNSS) belongs to Healthcare sector. Its weekly performance is -4.64%. On last trading day company shares ended up $2.57. Sunesis Pharmaceuticals, Inc. (NASDAQ:SNSS) distance from 50-day simple moving average (SMA50) is 14.74%.

Kingtone Wirelessinfo Solution Holding Ltd. (NASDAQ:KONE), a China-based developer and provider of mobile enterprise solutions, Wednesday reported full year net loss of $1 thousand or $0 per share as compared to net loss of around $5.1 million or $3.65 per share in the prior year period. Kingtone Wirelessinfo Solution Holding Ltd. (NASDAQ:KONE) belongs to Technology sector. Its net profit margin is -78.70% and weekly performance is 33.06%. On last trading day company shares ended up $3.22. Kingtone Wirelessinfo Solution Holding Ltd. (NASDAQ:KONE) distance from 50-day simple moving average (SMA50) is 15.43%.

Adobe Systems Incorporated (NASDAQ:ADBE) has authorized a stock-buyback program of up to $2 billion over the next three years. Adobe Systems Incorporated (NASDAQ:ADBE) shares fell -0.85% in last trading session and ended the day at $69.99. ADBE Gross Margin is 85.00% and its return on assets is 2.40%. Adobe Systems Incorporated (NASDAQ:ADBE) quarterly performance is 14.96%.

Facebook Inc (NASDAQ:FB) Chief Executive Mark Zuckerberg launched a free Internet application in Colombia on Wednesday as part of a drive to bring developing markets online, but remained mute on when and if the company would look to move into China. On 14 January, Facebook Inc (NASDAQ:FB) shares fell -0.22% and was closed at $76.28. FB EPS growth in last 5 year was 85.60%. Facebook Inc (NASDAQ:FB) year to date (YTD) performance is -2.23%.

On Jan 06, UDR, Inc. (NYSE:UDR) announced that it will release its fourth quarter and full-year 2014 financial results on Monday, February 2, 2015 after the market closes. UDR, Inc. (NYSE:UDR) ended the last trading day at $32.40. Company weekly volatility is calculated as 1.38% and price to cash ratio as 566.38. UDR, Inc. (NYSE:UDR) showed a weekly performance of 1.76%.

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