Trader’s Recap: Apple Inc. (NASDAQ:AAPL), NPS Pharmaceuticals (NASDAQ:NPSP), Sequans Communications S.A. (NYSE:SQNS), BlackBerry Ltd (NASDAQ:BBRY), Facebook Inc (NASDAQ:FB)

Technology Stocks News 5

Apple Inc. (NASDAQ:AAPL) has released a tool to remove U2’s new album from its customers’ iTunes accounts six days after giving away the music for free. Some users had complained about the fact that Songs of Innocence had automatically been downloaded to their devices without their permission. It had not been immediately obvious to many of the account holders how to delete the tracks. Apple Inc. (NASDAQ:AAPL) belongs to Consumer Goods sector. Its net profit margin is 21.60% and weekly performance is 3.32%. On last trading day company shares ended up $101.63. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is 4.29%.

NPS Pharmaceuticals, Inc. (NASDAQ:NPSP) shares are down in early Monday trading following a rough outing for its hormone replacement therapy Natpara at an FDA advisory panel on Friday. Independent experts on the FDA panel voted 8-5 to recommend approval of Natpara as a new treatment for hypoparathyroidism, but concerns and complaints about the drug’s clinical benefit and safety were raised repeatedly during the day-long meeting. FDA is expected to make an approval decision on Natpara by Oct. 24, but the lukewarm tone of Friday’s panel plus unresolved issues might compel the agency to extend its review, approve the drug with restrictions, or in the worst case, reject the drug and NPS Pharma for additional clinical data. NPS Pharmaceuticals, Inc. (NASDAQ:NPSP) shares decreased -16.56% in last trading session and ended the day at $27.28. NPSP Gross Margin is 96.00% and its return on assets is 0.70%. NPS Pharmaceuticals, Inc. (NASDAQ:NPSP) quarterly performance is -21.19%.

Stock analysts at Northland Securities initiated coverage on shares of Sequans Communications SA (NASDAQ:SQNS) in a report issued on Thursday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $3.00 price target on the stock. Northland Securities’ price objective points to a potential upside of 39.53% from the company’s current price. On 15 September, SequansCommunications S.A. (NYSE:SQNS) shares decreased -3.30% and was closed at $2.05. SQNS EPS growth in last 5 year was -26.60%. Sequans Communications S.A. (NYSE:SQNS) year to date (YTD) performance is 2.50%.

BlackBerry Ltd (NASDAQ:BBRY) has acquired Movirtu, a UK-based startup that will allow users to maintain separate identities for work and personal use and will provide a clear billing system for companies. BlackBerry Ltd (NASDAQ:BBRY) belongs to Technology sector. Its net profit margin is -6.73% and weekly performance is 8.15%. On last trading day company shares ended up $11.02. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is 8.83%.

Facebook Inc (NASDAQ:FB) is kicking off the week with a number of new bullet points on its open source agenda. Facebook engineers boasted that mcrouter can also work in an Amazon Web Services setup based on Instagram’s deployment. Facebook Inc (NASDAQ:FB) shares moved down -3.74% in last trading session and ended the day at $74.58. FB Gross Margin is 80.70% and its return on assets is 13.00%. Facebook Inc (NASDAQ:FB) quarterly performance is 16.19%.

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