Watch List : American International Group (NYSE:AIG), GT Advanced Technologies (NASDAQ:GTAT), Hooker Furniture (NASDAQ:HOFT), ChipMOS TECHNOLOGIES (NASDAQ:IMOS), MDC

Technology Stocks News 9

Treasury Secretary Timothy Geithner on Tuesday defended the government’s rescue of American International Group Inc in September 2008, saying the action was necessary to prevent the country from plunging into a possible second Great Depression. Geithner’s comments came in testimony he provided in the trial of a lawsuit brought by Hank Greenberg, AIG’s top executive from 1968 to 2005, who contends the terms of the government $85 billion loan to AIG cheated its shareholders. American International Group, Inc. (NYSE:AIG) belongs to Financial sector. Its net profit margin is 13.00% and weekly performance is -5.57%. On last trading day company shares ended up $51.01. American International Group, Inc. (NYSE:AIG) distance from 50-day simple moving average (SMA50) is -6.05%.

GT Advanced Technologies Inc. surprised the market this week by announcing that it had, together with certain of its direct and indirect subsidiaries, commenced voluntary cases under chapter 11 of the Bankruptcy Code. The filing was made in the United States Bankruptcy Court for the District of New Hampshire. GT Advanced Technologies Inc. (NASDAQ:GTAT) shares moved up 51.25% in last trading session and ended the day at $1.21. GTAT Gross Margin is -9.10% and its return on assets is -16.70%. GT Advanced Technologies Inc. (NASDAQ:GTAT) quarterly performance is -92.55%.

Zacks lowered shares of Hooker Furniture (NASDAQ:HOFT) from a neutral rating to an underperform rating in a research report released on Monday morning. On 07 October, Hooker Furniture Corp. (NASDAQ:HOFT) shares fell -1.81% and was closed at $15.16. HOFT EPS growth in last 5 year was 3.30%. Hooker Furniture Corp. (NASDAQ:HOFT) year to date (YTD) performance is -7.28%.

ChipMOS TECHNOLOGIES (Bermuda) LTD. (“ChipMOS” or the “Company”) (NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services (“OSAT”), today announced that it will hold a conference call with investors and analysts at 7:00 p.m. Eastern Time on Wednesday, November 12, 2014, (8:00 a.m. Taiwan time, Thursday, November  13, 2014) to discuss its third quarter 2014 financial results and management’s outlook for the fourth quarter 2014. ChipMOS TECHNOLOGIES (NASDAQ:IMOS) ended the last trading day at $21.81. Company weekly volatility is calculated as 3.06% and price to cash ratio as 1.51. ChipMOS TECHNOLOGIES (NASDAQ:IMOS) showed a weekly performance of -3.58%.

M.D.C. Holdings (NYSE:MDC) last released its earnings data on Tuesday, July 29th. The company reported $0.44 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.40 by $0.04. The company had revenue of $431.26 million for the quarter, compared to the consensus estimate of $412.90 million. During the same quarter in the prior year, the company posted $0.76 earnings per share. The company’s quarterly revenue was up 7.3% on a year-over-year basis. Analystsexpect that M.D.C. Holdings will post $1.69 EPS for the current fiscal year. MDC Holdings Inc. (NYSE:MDC) shares fell -1.90% in last trading session and ended the day at $25.27. MDC Gross Margin is 18.70% and its return on assets is 3.80%. MDC Holdings Inc. (NYSE:MDC) quarterly performance is -13.55%.

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