Trending Stocks: Telecom Argentina (NYSE:TEO), Micron Technology (NASDAQ:MU), Northwest Bancshares (NASDAQ:NWBI), Masonite International Corporation (NYSE:DOOR), Bellatrix Exploration Ltd. (NYSEMKT: BXE)

Technology Stocks News 17

On 4 AUG Telecom Argentina S.A. (NYSE:TEO) last released its earnings data on Monday. The company reported $0.58 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.65 by $0.07. On average, analysts predict that Telecom Argentina S.A. will post $2.44 earnings per share for the current fiscal year. Telecom Argentina S.A. (NYSE:TEO) belongs to Technology sector. Its net profit margin is 11.90% and weekly performance is -1.72%. On last trading day company shares ended up $18.90. Telecom Argentina S.A. (NYSE:TEO) distance from 50-day simple moving average (SMA50) is -14.56%.

On 8 AUG Micron Technology Inc. (NASDAQ:MU) said that it expects industry NAND bit demand to grow at a CAGR of 38% over the 2014-2018 period, while the supply is expected to grow at a CAGR of 31% over the same time frame. We also remain positive on Micron’s expectation of 25% CAGR increase in DRAM demand over the 2014-2018 period, while supply is expected to grow at a CAGR of 21% during the same period, which will support prices and improve margins. Micron Technology Inc. (NASDAQ:MU) shares decreased -0.24% in last trading session and ended the day at $33.21. MU Gross Margin is 31.80% and its return on assets is 18.00%. Micron Technology Inc. (NASDAQ:MU) quarterly performance is 18.35%.

On 22 AUG Northwest Bancshares, Inc. (NASDAQ:NWBI) announced the realignment of its management team.  William J. Wagner, Chairman, President and CEO stated “It is my pleasure to announce a reorganization of our company designed to align Northwest’s management team with the two initiatives necessary to improve profitability and enhance shareholder value.  The first major objective is to create strong and sustainable internal growth fueled by a highly-effective and efficient sales process. The second major objective is to realize continuous improvement in the efficiency of our delivery, operations and support functions.” On 25 August, Northwest Bancshares, Inc. (NASDAQ:NWBI) shares decreased -0.24% and was closed at $12.55. NWBI EPS growth in last 5 year was 10.70%. Northwest Bancshares, Inc. (NASDAQ:NWBI) year to date (YTD) performance is -5.35%.

On 21 AUG Masonite International Corporation (NYSE:DOOR) announced that the Board of Directors of Masonite Israel Ltd., a wholly-owned subsidiary of Masonite International Corporation, decided to voluntarily seek a Stay of Proceedings from the Israeli courts in an attempt to restructure the business. The court is expected to appoint a Trustee to oversee the operation of the business and to attempt to restructure it, as the company said in the press release received by Lesprom Network.  Masonite International Corporation (NYSE:DOOR) ended the last trading day at $57.92. Company weekly volatility is calculated as 2.17%and price to cash ratio as 9.17. Masonite International Corporation (NYSE:DOOR) showed a weekly performance of 4.93%.

On 6 AUG Bellatrix Exploration Ltd. (NYSEMKT: BXE) announced its financial and operating results for the three and six months ended June 30, 2014. Record sales of 36,342 boe/d (65% natural gas) up 64% from sales volumes of 22,102 boe/d registered in the second quarter of 2013.

Funds flow from operations for the six months ending June 30, 2014 was $148.7 million, doubling the same period in 2013 ($74.1 million) and furthermore, exceeds the funds flow for all of 2013 ($143.5 million). Bellatrix Exploration Ltd. (NYSEMKT: BXE) shares decreased -0.77% in last trading session and ended the day on $7.71. Bellatrix Exploration Ltd. (NYSEMKT: BXE) quarterly performance is -17.72%.

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