Trending Tickers : 58.com Inc. (NYSE:WUBA), Comcast Corporation (NASDAQ:CMCSA), Nordic American Offshore Ltd. (NYSE:NAO), Tahoe Resources Inc. (NYSE:TAHO), The Dow Chemical Company (NYSE:DOW)

Technology Stocks News 14

Beijing-based 58.com Inc (NYSE:WUBA) says it operates China’s largest online marketplace serving local merchants and consumers, as measured by monthly unique visitors on both its www.58.com website and mobile applications. The company’s online marketplace enables local merchants and consumers to connect, share information and conduct business. 58.com Inc. (NYSE:WUBA) belongs to Technology sector. Its net profit margin is 13.90% and weekly performance is -0.03%. On last trading day company shares ended up $35.88. 58.com Inc. (NYSE:WUBA) distance from 50-day simple moving average (SMA50) is -17.55%.

The $45.2 billion merger between Comcast Corporation (NASDAQ:CMCSA) and Time Warner Cable Inc. is on hold after the U.S. Federal Communications Commission (FCC) extended time for responses and oppositions to the merger for filing and review. Comcast Corporation (NASDAQ:CMCSA) shares advanced 2.91% in last trading session and ended the day at $54.77. CMCSA Gross Margin is 69.10% and its return on assets is 4.80%. Comcast Corporation (NASDAQ:CMCSA) quarterly performance is 1.18%.

Nordic American Offshore Ltd (NYSE:NAO) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at NAO given that, according to its RSI reading of 28.29, it is now in oversold territory. On 08 October, Nordic American Offshore Ltd. (NYSE:NAO) shares fell -5.36% and was closed at $16.41. NAO EPS growth in last 5 year was 0.00%. Nordic American Offshore Ltd. (NYSE:NAO) year to date (YTD) performance is 10.88%.

Several other analysts have also recently commented on the stock. Analysts at CIBC raised their price target on shares of Tahoe Resources Inc. (NYSE:TAHO) from C$26.00 to C$33.50 in a research note on Thursday, August 14th. They now have an outperform rating on the stock. Tahoe Resources Inc. (NYSE:TAHO) ended the last trading day at $21.06. Company weekly volatility is calculated as 3.63%. Tahoe Resources Inc. (NYSE:TAHO) showed a weekly performance of 4.00%.

The Dow Chemical Company (NYSE:DOW) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.02. The company had revenue of $14.92 billion for the quarter, compared to the consensus estimate of $14.82 billion. During the same quarter in the previous year, the company posted $0.64 earnings per share. The company’s revenue for the quarter was up 2.3% on a year-over-year basis. On average, analysts predict that The Dow Chemical Company will post $2.95 earnings per share for the current fiscal year. The Dow Chemical Company (NYSE:DOW) shares advanced 1.01% in last trading session and ended the day at $50.00. DOW Gross Margin is 16.80% and its return on assets is 4.90%. The Dow Chemical Company (NYSE:DOW) quarterly performance is -1.50%.

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