Trending Stocks : Wireless Telecom (NYSEMKT:WTT), Bank of New York Mellon (NYSE:BK), Carnival (NYSE:CCL), China Housing Development, (NASDAQ:CHLN), MGE Energy (NASDAQ:MGEE)

Technology Stocks News 11

At the Annual Meeting of Stockholders of the Wireless Telecom Group, Inc. (NYSEMKT:WTT) held on June 11, 2014, three proposals were submitted to the stockholders of the Company. 1. Election of the four nominees listed below to serve on the Board of Directors of the Company for a term of one year or until their respective successors are elected and qualified; 2. Ratification of the selection of PKF O’Connor Davies, A Division of O’Connor Davies, LLP as the Company’s independent registered public accountants for the fiscal year ending December 31, 2014: Ratification and approval of an amendment and restatement to the Company’s 2012 Incentive Compensation Plan, providing for an additional 1,658,045 shares of common stock of the Company, $0.01 par value per share, to be available for future grants under the plan, Wireless Telecom Group Inc. (NYSEMKT:WTT) belongs to Technology sector. Its net profit margin is 10.80% and weekly performance is 0.41%. On last trading day company shares ended up $2.43. Wireless Telecom Group Inc. (NYSEMKT:WTT) distance from 50-day simple moving average (SMA50) is -5.97%.

The Bank of New York Mellon Corporation (NYSE:BK) will sell its headquarters at One Wall Street and move to Brookfield Place, which was formerly the World Financial Center. Citigroup plans to leave its 399 Park Ave. building when the lease expires in 2017 and move to buildings it occupies on Greenwich Street. The Bank of New York Mellon Corporation (NYSE:BK) shares fell -0.05% in last trading session and ended the day at $38.42. BK return on assets is 0.70%. The Bank of New York Mellon Corporation (NYSE:BK) quarterly performance is 10.69%.

Carnival Corporation (NYSE:CCL) posted better-than-expected second-quarter fiscal 2014 results with earnings of $0.10 per share easily beating the Zacks Consensus Estimate of $0.02 and increasing 43% year over year, thanks to higher revenues, better-than-expected revenue yields as well as lower-than-anticipated cruise costs. Revenues also surpassed the consensus mark by 1.4% Additionally reduction in fuel consumption is a bright spot in Carnival’s report card. Moreover, the brand-building efforts and other promotional activities are expected to bode well for the company. On 12 August, Carnival Corporation (NYSE:CCL) shares increased 0.24% and was closed at $36.95. CCL EPS growth in last 5 year was -13.70%. Carnival Corporation (NYSE:CCL) year to date (YTD) performance is -6.83%.

China Housing & Land Development, Inc. (NASDAQ:CHLN) on 15 May 2014 announced its financial results for the quarter ended March 31, 2014. Total revenue in the first quarter of 2014 was $22.0 million compared to $56.1 million in the fourth quarter of 2013 and $51.4 million in the first quarter of 2013.¬† Total gross floor area (“GFA”) sales were 20,416 sq. meters during the first quarter of 2014, compared with 28,582 sq. meters in the fourth quarter of 2013 and 89,691 sq. meters in the first quarter of 2013. Average residential selling price (“ASP”) in the first quarter of 2014 was RMB 5,919, compared with RMB 6,600 in the fourth quarter of 2013, and RMB 5,695 in the first quarter of 2013. Gross profit was $5.3 million in the first quarter of 2014 compared to $12.6 million in the fourth quarter of 2013 and $8.8 million in the first quarter of 2013. First quarter 2014 gross margin was 24.1%, compared with 22.4% in the fourth quarter of 2013 and 17.1% in the first quarter of 2013. China Housing and Land Development, Inc. (NASDAQ:CHLN) ended the last trading day at $1.64. Company weekly volatility is calculated as 4.69%and price to cash ratio as 3.80. China Housing and Land Development, Inc. (NASDAQ:CHLN) showed a weekly performance of 3.80%.

MGE Energy, Inc. (NASDAQ:MGEE) on 06 Aug 2014 reported earnings for the three months ended June 30, 2014, of $14.1 million, or 41 cents per share, compared to $13.9 million, or 40 cents per share, for the same period in the prior year. Average shares outstanding and per share amounts for all periods presented reflect the three-for-two stock split declared on Dec. 20, 2013, effective in the form of a stock dividend distributed on Feb. 7, 2014. MGE Energy Inc. (NASDAQ:MGEE) shares increased 0.33% in last trading session and ended the day on $38.97. MGEE Gross Margin is 65.10% and its return on assets is 5.00%. MGE Energy Inc. (NASDAQ:MGEE) quarterly performance is 5.72%.

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