Top News: Pandora Media Inc (NYSE:P), Avon Products Inc. (NYSE:AVP), AT&T, Inc. (NYSE:T), Facebook Inc (NASDAQ:FB), Alcoa Inc. (NYSE:AA)

Technology Stocks News 19

Pandora Media Inc (NYSE:P) CRO John Trimble sold 40,000 shares of Pandora Media stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $23.48, for a total transaction of $939,200.00. Following the completion of the transaction, the executive now directly owns 113,067 shares of the company’s stock, valued at approximately $2,654,813. Pandora Media Inc (NYSE:P) belongs to Services sector. Its net profit margin is -9.30% and weekly performance is 2.76%. On last trading day company shares ended up $23.87. Pandora Media Inc (NYSE:P) distance from 50-day simple moving average (SMA50) is -8.52%.

Deutsche Bank reissued their buy rating on shares of Avon Products Inc (NYSE:AVP) in a research report released on Monday morning. Deutsche Bank currently has a $20.00 price objective on the stock, down from their previous price objective of $25.00. Avon Products Inc. (NYSE:AVP) shares fell -0.44% in last trading session and ended the day at $11.29. AVP Gross Margin is 60.70% and its return on assets is -3.50%. Avon Products Inc. (NYSE:AVP) quarterly performance is -21.76%.

AT&T Inc (NYSE:T)will pay $105 million to settle allegations that it put unauthorized charges on customers’ cell phone bills, a practice known as cramming, federal regulators said on Wednesday. On 08 October, AT&T, Inc. (NYSE:T) shares fell -0.51% and was closed at $35.15. T EPS growth in last 5 year was 57.50%. AT&T, Inc. (NYSE:T) year to date (YTD) performance is 3.96%.

Facebook Inc (NASDAQ:FB) co-founder Mark Zuckerberg will on Thursday attend the two-day long Internet.org summit that aims to make internet access affordable for people those who do not have it globally. Facebook Inc (NASDAQ:FB) ended the last trading day at $77.52. Company weekly volatility is calculated as 1.66% and price to cash ratio as 14.44. Facebook Inc (NASDAQ:FB) showed a weekly performance of 1.27%.

Alcoa Inc. (NYSE:AA), the largest U.S. aluminum producer, reported its highest earnings in three years after prices rebounded and demand increased from car, truck and plane makers. Alcoa Inc. (NYSE:AA) shares moved up 0.75% in last trading session and ended the day at $16.07. AA Gross Margin is 17.10% and its return on assets is -6.50%. Alcoa Inc. (NYSE:AA) quarterly performance is 2.88%.

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