Trader’s Watch List : Xerox Corporation (NYSE:XRX), Sequenom Inc. (NASDAQ:SQNM), Galena Biopharma, Inc. (NASDAQ:GALE), Cathay General Bancorp (NASDAQ:CATY), Echelon Corporation (NASDAQ:ELON)

Technology Stocks News 19

Zacks Investment Research upgraded information technology services provider Xerox Corporation (NYSE:XRX) to a Zacks Rank #3 (Hold) from a Zacks Rank #4 (Sell) largely on the back of healthy long-term fundamentals fuelled by sustained product innovations. Xerox Corporation (NYSE:XRX) belongs to Technology sector. Its net profit margin is 5.30% and weekly performance is 0.16%. On last trading day company shares ended up $12.78. Xerox Corporation (NYSE:XRX) distance from 50-day simple moving average (SMA50) is -4.24%.

On Oct. 6, Sequenom, Inc. (NASDAQ: SQNM), jointly announced that Sequenom has purchased noninvasive prenatal testing intellectual property from Isis Innovation, for $14.55 million, which includes $3.2 million as the final royalty payment due to Isis under the prior agreement and the waiver of $2.1 million in paid legal fees that Isis owed to Sequenom, with additional downstream payments contingent on revenues exceeding certain thresholds. Sequenom Inc. (NASDAQ:SQNM) shares moved up 4.12% in last trading session and ended the day at $3.03. SQNM Gross Margin is 41.50% and its return on assets is -41.30%. Sequenom Inc. (NASDAQ:SQNM) quarterly performance is -17.89%.

Galena Biopharma, Inc. (NASDAQ:GALE) announced the notice of allowance from the Japanese Patent Office for NeuVax (nelipepimut-S) covering the use of NeuVax alone or in combination with other agents to prevent recurrence of any HER2/neu expressing breast cancer tumor having an immunohistochemistry level of 1+ or 2+, or a fluorescence in situ hybridization (FISH) rating of less than about 2.0. Galena Biopharma, Inc. (NASDAQ:GALE) belongs to Healthcare sector. Its weekly performance is -10.27%. On last trading day company shares ended up $1.66. Galena Biopharma, Inc. (NASDAQ:GALE) distance from 50-day simple moving average (SMA50) is -27.93%.

On Oct 07, Cathay General Bancorp (NASDAQ:CATY), is scheduled to announce its third quarter 2014 financial results after the markets close on Tuesday, October 21, 2014. Cathay General Bancorp (NASDAQ:CATY) ended the last trading day at $24.58. Company weekly volatility is calculated as 2.13% and price to cash ratio as 1.68. Cathay General Bancorp (NASDAQ:CATY) showed a weekly performance of 1.86%.

On Oct 09, Echelon Corporation (NASDAQ:ELON), declared that it will announce results for the third quarter ended September 30, 2014, on Thursday, November 6, 2014, after market close. Echelon Corporation (NASDAQ:ELON) shares moved up 1.11% in last trading session and ended the day at $1.82. ELON Gross Margin is 51.60% and its return on assets is -19.60%. Echelon Corporation (NASDAQ:ELON) quarterly performance is -21.21%.

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