Top News : Oi SA (NYSE:OIBR), National Bank of Greece (ADR) (NYSE:NBG), Vringo, Inc. (NASDAQ:VRNG), Netflix, Inc. (NASDAQ:NFLX), Wal-Mart Stores Inc. (NYSE:WMT)

Technology Stocks News 11

On Oct. 8, The chief executive of Brazil telecom giant Oi SA (NYSE:OIBR), Zeinal Bava, resigned Oct 07, at a crucial time for the firm’s multibillion-dollar merger with Portugal Telecom SGPS SA that he had orchestrated. Oi SA (NYSE:OIBR) belongs to Technology sector. Its net profit margin is -1.60% and weekly performance is -15.38%. On last trading day company shares ended up $0.55. Oi SA (NYSE:OIBR) distance from 50-day simple moving average (SMA50) is -12.67%.

TheStreet Quant Ratings rates National Bank of Greece (ADR) (NYSE:NBG) as a sell. National Bank of Greece (ADR) (NYSE:NBG) shares decreased -15.23% in last trading session and ended the day at $2.17. NBG return on assets is 1.00%. National Bank of Greece (ADR) (NYSE:NBG) quarterly performance is -36.73%.

Vringo, Inc. (NASDAQ:VRNG), announces that its wholly-owned subsidiary I/P Engine, Inc. has submitted a petition for rehearing en banc in its case against Google and certain of Google’s customers at the U.S. Court of Appeals for the Federal Circuit following the Federal Circuit’s split opinion on August 15, 2014. On 15 October, Vringo, Inc. (NASDAQ:VRNG) shares increased 17.93% and was closed at $0.88. VRNG EPS growth in last 5 year was 19.30%. Vringo, Inc. (NASDAQ:VRNG) year to date (YTD) performance is -70.12%.

Netflix, Inc. (NASDAQ:NFLX) reported net income for the third quarter of $59.3 million or $0.96 per share, compared to $31.8 million or $0.52 per share for the year-ago quarter. Netflix, Inc. (NASDAQ:NFLX) belongs to Services sector. Its net profit margin is 4.20% and weekly performance is -3.91%. On last trading day company shares ended up $448.59. Netflix, Inc. (NASDAQ:NFLX) distance from 50-day simple moving average (SMA50) is -2.52%.

Wal-Mart Stores Inc. (NYSE:WMT) Chief Financial Officer Charles Holley on Wednesday cut the company’s sales outlook this year to a gain of 2% to 3% from a prior guidance of 3% to 5%. The currency’s gains are reducing the company’s overseas sales when translated back to the dollars. Wal-Mart Stores Inc. (NYSE:WMT) shares decreased -3.57% in last trading session and ended the day at $75.20. WMT Gross Margin is 24.80% and its return on assets is 7.70%. Wal-Mart Stores Inc. (NYSE:WMT) quarterly performance is -1.20%.

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