Trader’s Recap : Office Depot, Inc. (NASDAQ:ODP), Zogenix, Inc. (NASDAQ:ZGNX), Johnson & Johnson (NYSE:JNJ), Intel Corporation (NASDAQ:INTC), Verizon Communications Inc. (NYSE:VZ)

Technology Stocks News 2

The 2013 merger of Office Depot, Inc. (NASDAQ:ODP) and OfficeMax means the end of one’s presence in Jackson. Office Depot, 1510 N. West Ave., will close Nov. 15. The location is advertising merchandise being 50 percent off as part of a “moving” sale. Office Depot, Inc. (NASDAQ:ODP) belongs to Services sector. Its net profit margin is -2.20% and weekly performance is -9.08%. On last trading day company shares ended up $4.45. Office Depot, Inc. (NASDAQ:ODP) distance from 50-day simple moving average (SMA50) is -14.87%.

On Oct. 1, Zogenix, Inc. (NASDAQ:ZGNX) announced it has submitted to the U.S. Food and Drug Administration (FDA) a supplemental New Drug Application (sNDA) for a modified formulation of Zohydro ER (hydrocodone bitartrate) Extended-Release Capsules, CII, which has been designed to have abuse deterrent properties. Zogenix, Inc. (NASDAQ:ZGNX) shares decreased -3.42% in last trading session and ended the day at $1.13. ZGNX Gross Margin is 40.70% and its return on assets is -4.50%. Zogenix, Inc. (NASDAQ:ZGNX) quarterly performance is -31.10%.

Healthcare giant Johnson & Johnson (NYSE:JNJ) reported that its third-quarter net earnings increased to $4.749 billion from last year’s $2.982 billion with earnings per share improving to $1.66 from $1.04 last year. Johnson & Johnson (NYSE:JNJ) belongs to Healthcare sector. Its net profit margin is 21.20% and weekly performance is -5.25%. On last trading day company shares ended up $97.01. Johnson & Johnson (NYSE:JNJ) distance from 50-day simple moving average (SMA50) is -6.37%.

Intel Corporation (NASDAQ:INTC) continued to ride improving sales of personal computers in the third quarter, while a costly effort to place its chips in tablets also showed progress. The big microprocessor maker said net income rose 12% on a 7.9% rise in revenue for the period ended in September, its first during which to ship more than 100 million microprocessors. Intel Corporation (NASDAQ:INTC) shares moved up 2.13% in last trading session and ended the day at $32.14. INTC Gross Margin is 62.20% and its return on assets is 11.20%. Intel Corporation (NASDAQ:INTC) quarterly performance is -7.24%.

Verizon Communications (NYSE:VZ) has received a “BBB” credit rating from Morningstar. The research firm’s “BBB” rating suggests that the company is a moderate default risk. They also gave their stock a three star rating. On 14 October, Verizon Communications Inc. (NYSE:VZ) shares moved down -0.31% and was closed at $48.22. VZ EPS growth in last 5 year was 48.40%. Verizon Communications Inc. (NYSE:VZ) year to date (YTD) performance is 2.51%.

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