Traders Are Gambling on: ConocoPhillips (NYSE:COP), Peabody Energy Corp. (NYSE:BTU), Sutor Technology (NASDAQ:SUTR), United Parcel Service, Inc. (NYSE:UPS), Credit Suisse Group (NYSE:CS)

Technology Stocks News 19

Credit Suisse reiterated their hold rating on shares of ConocoPhillips (NYSE:COP) in a research report sent to investors on Tuesday morning. The firm currently has a $62.00 price target on the stock, down from their previous price target of $65.00. ConocoPhillips (NYSE:COP) belongs to Basic Materials sector. Its net profit margin is 17.10% and weekly performance is 0.19%. On last trading day company shares ended up $69.88. ConocoPhillips (NYSE:COP) distance from 50-day simple moving average (SMA50) is 0.86%.

Peabody Energy Corp. (NYSE:BTU) and a group consisting of Energy Resources LLC (975), China Shenhua Energy Co. (1088), and Sumitomo Corp. (8053) are the two remaining bidders for a contract to develop Tavan Tolgoi, one of Mongolia’s largest coking coal deposits. Peabody Energy Corp. (NYSE:BTU) shares moved up 1.17% in last trading session and ended the day at $7.80. BTU Gross Margin is 15.40% and its return on assets is -6.10%. Peabody Energy Corp. (NYSE:BTU) quarterly performance is -34.89%.

On Dec. 15, Sutor Technology Group Limited (NASDAQ:SUTR) announced its audited financial results for the fiscal year ended June 30, 2014. On 26 December, Sutor Technology Group Limited (NASDAQ:SUTR) shares remains unchanged and was closed at $0.55. SUTR EPS growth in last 5 year was -12.50%. Sutor Technology Group Limited (NASDAQ:SUTR) year to date (YTD) performance is -69.95%.

United Parcel Service Inc. (NYSE:UPS) said Friday that it expects consumers will ship more than 800,000 packages back to retailers and merchants on January 6, 2015, or the UPS National Returns Day. By the end of the first full week in January, the package delivery giant expects to transport 4 million return packages in the U.S. United Parcel Service, Inc. (NYSE:UPS) belongs to Services sector. Its net profit margin is 6.50% and weekly performance is 0.90%. On last trading day company shares ended up $111.93. United Parcel Service, Inc. (NYSE:UPS) distance from 50-day simple moving average (SMA50) is 5.13%.

Credit Suisse Group AG (NYSE:CS) has lost an initial legal effort to dismiss a New York lawsuit that accuses the Swiss banking giant of fraud in selling residential mortgage-backed securities before the national recession. Credit Suisse Group AG (NYSE:CS) shares increased 0.08% in last trading session and ended the day at $25.97. CS return on assets is 0.10%. Credit Suisse Group AG (NYSE:CS) quarterly performance is -6.41%.

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