Trending Stocks : Harmonic Inc. (NASDAQ:HLIT), Lexicon Pharmaceuticals (NASDAQ:LXRX), Bona Film Group (NASDAQ:BONA), Grupo Televisa, S.A.B. (NYSE:TV), WSP (NYSE:WH)

Technology Stocks News 9

Harmonic (NASDAQ:HLIT) CEO Patrick Harshman acquired 10,000 shares of the stock in a transaction dated Friday, August 1st. The stock was purchased at an average price of $5.97 per share, with a total value of $59,700.00. Following the transaction, the chief executive officer now directly owns 334,443 shares in the company, valued at approximately $1,996,625.  Harmonic Inc. (NASDAQ:HLIT) belongs to Technology sector. Its net profit margin is -1.80% and weekly performance is 0.49%. On last trading day company shares ended up $6.19. Harmonic Inc. (NASDAQ:HLIT) distance from 50-day simple moving average (SMA50) is -9.74%.

Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) currently has a Zacks Rank #2 (Buy). Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) shares fell -0.66% in last trading session and ended the day at $1.51. LXRX return on assets is -37.10%. Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) quarterly performance is 9.42%.

Bison Capital, an investment firm in Beijing, proposed to buy NQ Mobile for $9.80 per ADR, compared with yesterday’s closing price of $6.90. While NQ Mobile said in early June that an internal investigation didn’t find any evidence of fraud in its efforts to refute Block’s allegations, investors are still waiting to see its audited 2013 annual report, which the company has twice delayed the filing since the end of April. Bison Capital’s founder, Xu Peixin, is an independent board director at Bona Film Group Limited (NASDAQ:BONA), a Chinese film producer listed in the U.S., and a partner of venture capital fund New Enterprise Associates, according to Bona’s website. On 13 August, Bona Film Group Limited (NASDAQ:BONA) shares moved up 2.14% and was closed at $7.16. BONA EPS growth in last 5 year was 61.50%. Bona Film Group Limited (NASDAQ:BONA) year to date (YTD) performance is 24.74%.

The recent investments made by Televisa include its purchase of MXN7 billion convertible notes and USD195 million debt instrument of Tenedora Ares, S.A.P.I. de C.V. (ARES). ARES is the owner of 51% of Grupo Televisa, S.A.B. (NYSE:TV) Cable TV, S.A. de C.V. (Cablecom), a Mexican cable operator. Grupo Televisa, S.A.B. (NYSE:TV) ended the last trading day at $36.48. Company weekly volatility is calculated as 3.04%and price to cash ratio as 8.09. Grupo Televisa, S.A.B. (NYSE:TV) showed a weekly performance of 3.08%.

WSP Holdings Limited (NYSE:WH) (“WSP Holdings” or the “Company”), a Chinese manufacturer of API (“American Petroleum Institute”) and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction (“Oil Country Tubular Goods” or “OCTG”), and other pipes and connectors, announced that the People’s Government of Bayingol Mongolia Prefecture (the “People’s Government”) has established an operation coordination group (the “Coordination Group”) to restructure Bazhou Seamless Oil Pipe Co., Ltd. (“Bazhou Seamless”), a subsidiary of Wuxi Seamless Oil Pipe Co., Ltd. (“Wuxi Seamless”), in Bazhou. WSP Holdings Ltd. (NYSE:WH) shares remains unchanged in last trading session and ended the day on $0.72. WSP Holdings Ltd. (NYSE:WH) quarterly performance is -71.76%.

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