Top News : Molycorp, Inc. (NYSE:MCP), DryShips, Inc. (NASDAQ:DRYS), General Motors Company (NYSE:GM), Bunge Limited (NYSE:BG), WPCS International Incorporated (NASDAQ:WPCS),

Technology Stocks News 11

On Sep 12, Molycorp Inc. (NYSE:MCP) has closed its previously announced financing, whereby Oaktree Capital Management provide the company with up to $400 million in secured financing by way of credit facilities and the sale and leaseback of certain equipment at Molycorp’s Mountain Pass facility. Molycorp, Inc. (NYSE:MCP) belongs to Basic Materials sector. Its net profit margin is -88.20% and weekly performance is -18.06%. On last trading day company shares ended up $1.27. Molycorp, Inc. (NYSE:MCP) distance from 50-day simple moving average (SMA50) is -33.00%.

Deutsche Bank assumed coverage on shares of DryShips (NASDAQ:DRYS) in a report released on Monday, TheFlyOnTheWall.com reports. The firm issued a buy rating on the stock. DryShips, Inc. (NASDAQ:DRYS) shares fell -3.50% in last trading session and ended the day at $2.76. DRYS Gross Margin is 54.60% and its return on assets is -1.30%. DryShips, Inc. (NASDAQ:DRYS) quarterly performance is -14.55%.

General Motors Company (NYSE:GM) on Tuesday announced a strategic realignment that will establish its luxury brand Cadillac as a separate business unit. In addition, the new Cadillac organization will expand to New York with a new global headquarters opening in 2015. General Motors Company (NYSE:GM) belongs to Consumer Goods sector. Its net profit margin is 3.10% and weekly performance is -1.45%. On last trading day company shares ended up $33.22. General Motors Company (NYSE:GM) distance from 50-day simple moving average (SMA50) is -3.41%.

Global agribusiness Bunge Limited (NYSE:BG) has officially launched its bulk grain facility at Bunbury port, in Western Australia’s South West. The Dutch company started construction at Bunbury Port in May 2013 and is hoping to establish itself as a competitor to Western Australia’s primary grain handler, Co-operative Bulk Handling (CBH). Bunge Limited (NYSE:BG) ended the last trading day at $84.44. Company weekly volatility is calculated as 1.03% and price to cash ratio as 3.21. Bunge Limited (NYSE:BG) showed a weekly performance of -2.03%.

On Sep 18, WPCS International Incorporated (NASDAQ:WPCS) has provided a letter to shareholders with a year in review and why a “YES” vote to increase the authorized shares is crucial. WPCS International Incorporated (NASDAQ:WPCS) shares fell -6.95% in last trading session and ended the day at $0.80. WPCS Gross Margin is 21.60% and its return on assets is -103.60%. WPCS International Incorporated (NASDAQ:WPCS) quarterly performance is 45.49%.

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