Traders Are Watching : Twenty-First Century Fox (NASDAQ:FOXA), Cliffs Natural Resources (NYSE:CLF), EMCORE (NASDAQ:EMKR), Chimera Investment Corporation (NYSE:CIM), OvaScience (NASDAQ:OVAS)

Technology Stocks News 5

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report released on Tuesday. The firm currently has a $35.30 price objective on the stock. Zacks‘s price target suggests a potential upside of 2.50% from the stock’s previous close. Twenty-First Century Fox, Inc. (NASDAQ:FOXA) belongs to Services sector. Its net profit margin is 14.20% and weekly performance is 1.04%. On last trading day company shares ended up $35.93. Twenty-First Century Fox, Inc. (NASDAQ:FOXA) distance from 50-day simple moving average (SMA50) is 4.42%.

The Board of Directors of Cliffs Natural Resources Inc. (NYSE:CLF) on Aug. 25 authorized the Company to buy back its outstanding common shares in the open market or in private negotiated transactions up to a maximum of $200 million dollars. The Company will be working with its bank group to ensure the buyback program is effectively implemented in a timely manner.  Under the proposed terms of the buyback program, the Company is not obligated to make any purchases and the program may be suspended or discontinued at any time. The authorization is active until December 31, 2015. Cliffs Natural Resources Inc. (NYSE:CLF) shares moved down -3.45% in last trading session and ended the day at $14.55. CLF Gross Margin is 15.60% and its return on assets is 0.40%. Cliffs Natural Resources Inc. (NYSE:CLF) quarterly performance is -1.76%.

On August 7th, 2014 EMCORE Corporation (NASDAQ:EMKR) released financial results for its fiscal third quarter ended June 30th, 2014. Consolidated revenue was USD 44.6 million, representing a 5.5% increase from the Q2. The company offers a broad portfolio of compound semiconductor-based products for the fiber optics and space solar photovoltaic (PV) power markets. Fiber Optics revenues increased by 10.8% over the immediate preceding quarter to USD 26.2 million, and solar photovoltaics (PV) revenue decreased by 1.2% to USD 18.4 million compared to Q2. On 02 September, EMCORE Corporation (NASDAQ:EMKR) shares remains unchanged and was closed at $4.38. EMKR EPS growth in last 5 year was 15.30%. EMCORE Corporation (NASDAQ:EMKR) year to date (YTD) performance is -14.45%.

Zacks downgraded shares of Chimera Investment Corp. (NYSE:CIM) to a neutral rating. Their analysts now have a $3.30 price target on that stock. Chimera Investment Corporation (NYSE:CIM) ended the last trading day at $3.32. Company weekly volatility is calculated as 0.92%and price to cash ratio as 46.16. Chimera Investment Corporation (NYSE:CIM) showed a weekly performance of 3.11%.

Ovascience, Inc. (NASDAQ:OVAS) issued its quarterly earnings data on Thursday, 07 Aug 2014. The company reported ($0.42) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.45) by $0.03. OvaScience, Inc. (NASDAQ:OVAS) shares moved up 4.74% in last trading session and ended the day on $14.15. OVAS its return on assets is -51.40%. OvaScience, Inc. (NASDAQ:OVAS) quarterly performance is 95.71%.

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