Unsual Volume: Fortinet Inc (NASDAQ:FTNT), KLA-Tencor (NASDAQ:KLAC), USEC (NYSE:USU), Seadrill (NYSE:SDRL)

Technology Stocks News 20

Fortinet® (NASDAQ: FTNT) – a world leader in high-performance network security – today announced that it will hold a conference call to discuss its second quarter 2014 financial results on Wednesday, July 23, 2014 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Fortinet Inc (NASDAQ:FTNT) stock performance was -4.42% in last session and finished the day at $23.81. Traded volume was 5.62million shares in the last session and the average volume of the stock remained 1.91million shares. The beta of the stock remained 1.66. Fortinet Inc (NASDAQ:FTNT) insider ownership is 12.00%.

Chip gear maker KLA-Tencor Corp said on Tuesday its bookings in the fiscal fourth quarter were close to $895 million or $900 million, higher than expected and helped by demand from contract chip manufacturers. KLA-Tencor Corporation (NASDAQ:KLAC) rose 0.09 percent to $74.09 Tuesday on volume of 4.08million shares. The intra-day range of the stock was $72.91 to $74.95. KLA-Tencor Corporation (NASDAQ:KLAC) has a market capitalization of $12.29billion.

USEC, Inc. (NYSE: USU) announced that it will soon begin soliciting holders of USEC’s convertible notes as well as its two preferred stockholders for votes on the Company’s Plan of Reorganization following today’s hearing and order by Judge Christopher S. Sontchi in the United States Bankruptcy Court for the District of Delaware. USEC Inc. (NYSE:USU)’s stock on July 08, 2014 reported a increase of 4.47% to the closing price of $6.31. Its fifty two weeks range is $2.60 -$29.12. The total market capitalization recorded $31.21million. The overall volume in the last trading session was 9.48million shares. In its share capital, USU has 4.95million outstanding shares.

Seadrill, the offshore deepwater drilling company, is set to raise up to $1bn through the issuance of a 2019 convertible bond, which was launched on Tuesday. On Tuesday, shares of Seadrill Ltd (NYSE:SDRL) dropped -5.23% to close the day at $37.53. Company return on investment (ROI) is 8.70% and its monthly performance is recorded as -2.21%.  Seadrill Ltd (NYSE:SDRL) quarterly revenue growth is 10.12%.

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