Traders Are Watching : General Motors Company (NYSE:GM), Oracle Corporation (NYSE:ORCL), Verizon Communications Inc. (NYSE:VZ), CEMEX (NYSE:CX), Impac Mortgage (NYSEMKT:IMH),

Technology Stocks News 8

General Motors Company (NYSE:GM) is recalling 221,000 cars due to a parking brake issue with its 2013-2015 Cadillac XTS and the 2014-2015 Chevrolet Impala models, the company announced over the weekend. General Motors Company (NYSE:GM) belongs to Consumer Goods sector. Its net profit margin is 3.10% and weekly performance is -0.56%. On last trading day company shares ended up $33.44. General Motors Company (NYSE:GM) distance from 50-day simple moving average (SMA50) is -3.01%.

After Oracle Corporation (NYSE:ORCL) ‘s founder and CEO Larry Ellison stepped down to become the Executive Chairman, the company’s CFO, Safra Catz, has been promoted as the co-CEO alongside Mark Hurd, making her the highest paid woman executive in the world. Oracle Corporation (NYSE:ORCL) shares decreased -0.55% in last trading session and ended the day at $39.58. ORCL Gross Margin is 81.10% and its return on assets is 12.60%. Oracle Corporation (NYSE:ORCL) quarterly performance is -3.42%.

Leading wireless giant Verizon Communications Inc. (NYSE:VZ) has reportedly activated Voice over LTE (VoLTE) service on iPhone 6 and iPhone 6 Plus. With this new feature, customers can now enjoy HD Voice, which offers improved audio quality, on the latest iPhone model. Verizon Communications Inc. (NYSE:VZ) belongs to Technology sector. Its net profit margin is 12.50% and weekly performance is 3.34%. On last trading day company shares ended up $50.18. Verizon Communications Inc. (NYSE:VZ) distance from 50-day simple moving average (SMA50) is 0.92%.

Cemex SAB de CV (NYSE:CX) was downgraded by stock analysts at BNP Paribas from a “neutral” rating to an “underperform” rating in a report issued on Tuesday. CEMEX, S.A.B. de C.V. (NYSE:CX) ended the last trading day at $13.22. Company weekly volatility is calculated as 1.28% and price to cash ratio as 22.14. CEMEX, S.A.B. de C.V. (NYSE:CX) showed a weekly performance of 0.38%.

Impac Mortgage Holdings, Inc. (NYSE MKT: IMH), announces the launch of a new initiative with Macquarie Group, a global diversified financial services provider, on a major expansion into the non-qualified mortgage space. Impac Mortgage Holdings Inc. (NYSEMKT:IMH) shares decreased -2.47% in last trading session and ended the day at $6.31. IMH return on assets is -0.20%. Impac Mortgage Holdings Inc. (NYSEMKT:IMH) quarterly performance is 24.46%.

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