Traders Are Watching : Xerox (NYSE:XRX), JDS Uniphase (NASDAQ:JDSU), MetLife (NYSE:MET), MRC Global (NYSE:MRC), Echo Global (NASDAQ:ECHO)

Technology Stocks News 5

Business process and document management company Xerox Corporation (XRX) recently entered into an agreement with MoneyGram – a leading money transfer and payment services firm — for effective transmission of child support payments. Xerox Corporation (NYSE:XRX) belongs to Technology sector. Its net profit margin is 5.30% and weekly performance is 4.54%. On last trading day company shares ended up $13.58. Xerox Corporation (NYSE:XRX) distance from 50-day simple moving average (SMA50) is 6.70%.

Shares of JDS Uniphase Corp (NASDAQ:JDSU) have received an average recommendation of “Hold” from the eleven ratings firms that are covering the stock. Six research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. JDS Uniphase Corporation (NASDAQ:JDSU) shares decreased -8.48% in last trading session and ended the day at $10.90. JDSU Gross Margin is 43.90% and its return on assets is 4.60%. JDS Uniphase Corporation (NASDAQ:JDSU) quarterly performance is 0.55%.

MetLife, Inc. (NYSE:MET) announced today that it is reducing rates* on its Guaranteed Level Term product as part of the company’s efforts to enhance its life insurance portfolio. Guaranteed Level Term is a fully underwritten policy and clients who purchase it will have the opportunity to convert to any of MetLife’s permanent policies at a later date. On 13 August, MetLife, Inc. (NYSE:MET) shares increased 0.54% and was closed at $52.44. MET EPS growth in last 5 year was -7.50%. MetLife, Inc. (NYSE:MET) year to date (YTD) performance is -0.81%.

MRC Global (NYSE:MRC) was upgraded by analysts at Bank of America from a “neutral” rating to a “positive” rating in a research report issued to clients and investors on Monday. MRC Global Inc. (NYSE:MRC) ended the last trading day at $25.02. Company weekly volatility is calculated as 1.45%and price to cash ratio as 69.93. MRC Global Inc. (NYSE:MRC) showed a weekly performance of 0.89%.

Echo Global Logistics (NASDAQ:ECHO) COO David B. Menzel sold 20,000 shares of the stock on the open market in a transaction dated Wednesday, July 30th. The shares were sold at an average price of $21.73, for a total transaction of $434,600.00. Following the transaction, the chief operating officer now directly owns 152,705 shares of the company’s stock, valued at approximately $3,318,280.Echo Global Logistics, Inc. (NASDAQ:ECHO) shares increased 0.58% in last trading session and ended the day on $22.72. ECHO Gross Margin is 17.20% and its return on assets is 5.00%. Echo Global Logistics, Inc. (NASDAQ:ECHO) quarterly performance is 26.86%.

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