Watch List : SK Telecom (NYSE:SKM), j2 Global (NASDAQ:JCOM), Advanced Photonix (NYSEMKT:API), KeyCorp. (NYSE:KEY), BlackRock Municipal Income (NYSEMKT:BLE)

Technology Stocks News 20

On July 8, Leading South Korean telecom carrier, SK Telecom Co. Ltd. (NYSE:SKM) has started offering enhanced Internet speeds of 225 Mbps in Seoul. Starting next month, the company plans to cover the entire country with this upgraded network service. SK Telecom Co. Ltd. (NYSE:SKM)’s stock on 30 July traded at beginning with a price of $27.90and when day-trade ended the stock finally advanced 6.56% to end at $27.94. SK Telecom Co. Ltd. (NYSE:SKM)’s showed weekly performance of 6.24%.

j2 Global, Inc. (NASDAQ:JCOM) announced that its Business Cloud Services Division has acquired the business and assets of Contactology, Inc., the Durham, North Carolina-based provider of email marketing services. This is j2’s first acquisition in the email marketing space since it entered the market with the 2010 purchase of Campaigner® and expands j2’s email marketing customer and partner base in the U.S. j2 intends to migrate Contactology customers and resellers to the Campaigner platform and services.  j2 Global, Inc. (NASDAQ:JCOM) on Wednesday closed at $49.76. Stock insider ownership is 5.50%. j2 Global, Inc. (NASDAQ:JCOM) distance from 50-day simple moving average (SMA50) is 1.39%.

Advanced Photonix Inc. (NYSEMKT:API) will announce its FY2015 first quarter (ending June 27, 2014) financial results on Monday, August 11, 2014. A press release announcing the financial results will be released after the close of the market and the Company will host a live audio web broadcast to discuss the results at 4:30 p.m. EDT on the same day.  Advanced Photonix Inc. (NYSEMKT:API)’s shares on Wednesday traded in the range of 0.485 – 0.50and ended up on $0.50. Advanced Photonix Inc. (NYSEMKT:API) distance from 200-day simple moving average (SMA200) is -20.44%. API’s sales growth for past 5 years was -0.50% and its EPS growth for past 5 years was -11.80%.

KeyCorp (NYSE:KEY) has earned a consensus recommendation of “Hold” from the twenty-two brokerages that are covering the company, AR Network reports. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have given a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $14.32.  KeyCorp. (NYSE:KEY)’s stock on 30 July advanced 0.96% to the closing price of $13.74. Its fifty two weeks range is $11.05 – 14.70. The total market capitalization recorded $12.048B. KeyCorp. (NYSE:KEY) monthly performance is -4.12%.

BlackRock Municipal Income Trust II (NYSEMKT:BLE)  had its price target upped by BMO Capital Markets from $355.00 to $365.00 in a research note issued to investors on Tuesday. BlackRock Municipal Income Trust II (NYSEMKT:BLE) on Wednesday closed at $14.24. BlackRock Municipal Income Trust II (NYSEMKT:BLE) distance from 50-day simple moving average (SMA50) is -1.38%.

 

 

 

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