Traders Are Watching : Facebook Inc (NASDAQ:FB), Google Inc (NASDAQ:GOOGL), Microvision Inc. (NASDAQ:MVIS), Youku Tudou Inc. (NYSE:YOKU), Hawaiian Electric Industries Inc. (NYSE:HE)

Technology Stocks News 1

Facebook Inc (NASDAQ:FB) is working on a top-secret project that would offer “support communities” for its users to connect and discuss illnesses, according to a Reuters report on Friday. The social network also has a few employees working on preventative care apps that could help people make better lifestyle choices, the report said. Facebook Inc (NASDAQ:FB) belongs to Technology sector. Its net profit margin is 23.70% and weekly performance is -1.71%. On last trading day company shares ended up $77.44. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 2.55%.

A lawyer who represents about a dozen female celebrities whose private photos were posted online by hackers has threatened to sue Google Inc (NASDAQ:GOOGL) for failing to take the photos off its websites, according to the New York Post. Martin Singer, an entertainment industry lawyer, said in a letter on Wednesday that Google “is making millions and profiting from the victimization of women” and could be liable for over $100 million in damages, the New York Post reported on Wednesday. The letter did not say which celebrities Singer represents. Google Inc (NASDAQ:GOOGL) shares moved up 0.92% in last trading session and ended the day at $586.25. GOOGL Gross Margin is 58.90% and its return on assets is 11.60%. Google Inc (NASDAQ:GOOGL) quarterly performance is -0.76%.

On Sep 19, Microvision Inc. (NASDAQ:MVIS) announced it has received purchase orders for components for high definition display modules being developed by its Fortune Global 100 customer. On 03 October, Microvision Inc. (NASDAQ:MVIS) shares remains unchanged and was closed at $1.93. MVIS EPS growth in last 5 year was 35.60%. Microvision Inc. (NASDAQ:MVIS) year to date (YTD) performance is 46.21%.

Shares of Youku Tudou Inc (NASDAQ:YOKU) have been given a consensus rating of “Hold” by the sixteen analysts that are currently covering the stock, Analyst RN reports. Two investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation and seven have given a buy recommendation to the company. Youku Tudou Inc. (NYSE:YOKU) ended the last trading day at $17.66. Company weekly volatility is calculated as 3.62% and price to cash ratio as 5.60. Youku Tudou Inc. (NYSE:YOKU) showed a weekly performance of -2.11%.

On Sep 11, Hawaiian Electric Company, a subsidiary of Hawaiian Electric Industries Inc. (NYSE:HE), announced that Alan Oshima has been named president and chief executive officer of Hawaiian Electric Company, effective October 1, 2014. Oshima will succeed Dick Rosenblum, who has served in the position since 2009. Hawaiian Electric Industries Inc. (NYSE:HE) shares moved down -0.26% in last trading session and ended the day at $26.49. HE Gross Margin is 10.30% and its return on assets is 1.70%. Hawaiian Electric Industries Inc. (NYSE:HE) quarterly performance is 8.70%.

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