Top Stocks: Ariad Pharmaceuticals Inc. (NASDAQ:ARIA), Pretium Resources Inc. (NYSE:PVG), Nexstar Broadcasting Group, Inc. (NASDAQ:NXST), Xilinx Inc. (NASDAQ:XLNX), Marvell Technology Group (NASDAQ:MRVL)

Technology Stocks News 18

ARIAD Pharmaceuticals, Inc. (NASDAQ:ARIA) entered into an agreement with Bellicum Pharmaceuticals, Inc. to restructure and amend an existing license agreement between the companies for ARIAD’s cell-signaling technology. Under the terms of the agreement, ARIAD received $15 million upon execution of the agreement and was entitled to receive two payments of $20 million and $15 million by specified dates in the future in exchange for granting Bellicum a fully paid-up license to this technology and return of shares of Bellicum common stock owned by ARIAD. Ariad Pharmaceuticals Inc. (NASDAQ:ARIA) shares increased 0.81% in last trading session and ended the day at $6.87. ARIA Gross Margin is 72.30% and its return on assets is -54.60%. Ariad Pharmaceuticals Inc. (NASDAQ:ARIA) quarterly performance is 30.11%.

Pretium Resources (NYSE:PVG) had its price objective trimmed by Roth Capital from $13.00 to $12.00 in a research report released on Monday morning. Roth Capital currently has a buy rating on the stock. Pretium Resources Inc. (NYSE:PVG) ended the last trading day at $5.79. Company weekly volatility is calculated as 5.91%. Pretium Resources Inc. (NYSE:PVG) showed a weekly performance of 17.44%.

Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) said Thursday that it has reached a new distribution agreement with Charter Communications, Inc. allowing the cable television provider the right to continue to air Nexstar’s highly rated programming. Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) belongs to Services sector. Its net profit margin is 3.70% and weekly performance is -1.33%. On last trading day company shares ended up $51.79. Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) distance from 50-day simple moving average (SMA50) is 8.05%.

On Dec. 18, Xilinx Inc. (NASDAQ:XLNX) announced that its Kintex® UltraScale™ KU040 FPGAs are now the industry’s first 20nm device to move into volume production. Customers can benefit from an estimated one year time to market advantage relative to its competition. Built on the industry’s only ASIC-class architecture, the mid-range Kintex UltraScale devices provide optimal price/performance/watt for a broad set of applications that include 100G OTN, packet processing and traffic management, 8X8 Mixed Mode LTE and WCDMA Radio, 8K/4K displays, Intelligence Surveillance and Reconnaissance (ISR), Data Center and more. Xilinx Inc. (NASDAQ:XLNX) shares decreased -0.60% in last trading session and ended the day at $43.29. XLNX Gross Margin is 69.50% and its return on assets is 13.50%. Xilinx Inc. (NASDAQ:XLNX) quarterly performance is 4.21%.

On Dec. 22, Marvell Technology Group Ltd. (NASDAQ:MRVL) announced that its Board of Directors has appointed Ms. Weili Dai, Marvell’s President and Co-Founder, as a member of the Board of Directors, effective immediately. Ms. Dai will stand for re-election to the Board of Directors at Marvell’s next annual general meeting of shareholders. On 31 December, Marvell Technology Group Ltd. (NASDAQ:MRVL) shares moved up 0.21% and was closed at $14.50. MRVL EPS growth in last 5 year was 22.30%. Marvell Technology Group Ltd. (NASDAQ:MRVL) year to date (YTD) performance is 2.47%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone