Watch List: The Blackstone Group (NYSE:BX), BK, United Technologies Corporation (NYSE:UTX), LinkedIn Corp (NYSE:LNKD), Baidu Inc (ADR) (NASDAQ:BIDU)

Technology Stocks News 8

Deutsche Bank AG (DBK) agreed to sell the Cosmopolitan of Las Vegas NV hotel & casino to Blackstone Group LP (NYSE:BX) for $1.73 billion in cash, ending a six-year money-losing venture in to casino development. “The bank is committed to reducing its non-core legacy positions in a capital-efficient manner which benefits shareholders,” The Blackstone Group L.P. (NYSE:BX) stock performance was 0.42% in last session and finished the day at $33.64. Traded volume was 3.40million shares in the last session and the average volume of the stock remained 5.68million shares. The beta of the stock remained 2.04. The Blackstone Group L.P. (NYSE:BX) insider ownership is 0.20%.

Bank of New York Mellon Corporation (NYSE:BK) vs. Emma Jean Hull, et al., loan modification agreement entered, case dismissed. The Bank of New York Mellon Corporation (NYSE:BK) rose 0.11 percent to $35.48 Tuesday on volume of 2.96million shares. The intra-day range of the stock was $35.24 to $35.50. The Bank of New York Mellon Corporation (NYSE:BK) has a market capitalization of $40.46billion.

United Technologies Corporation (NYSE:UTX), one of the world’s most respected and innovative companies, will become presenting sponsor of the newly named Connecticut Open, Tournament Director Anne Worcester announced today. The annual Women’s Tennis Association (WTA) event will be held August 15-23, 2014, at the Connecticut Tennis Center at Yale University. United Technologies Corporation (NYSE:UTX)’s stock on June 10, 2014 reported a decrease of -0.80% to the closing price of $119.13. Its fifty two weeks range is $90.30 -$120.66. The total market capitalization recorded $109.21billion. The overall volume in the last trading session was 2.62million shares. In its share capital, UTX has 916.73million outstanding shares.

LinkedIn Corp (NYSE:LNKD) SVP James Kevin Scott sold 6,250 shares of the stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $157.27, for a total transaction of $982,937.50. Following the completion of the sale, the senior vice president now directly owns 60,551 shares of the company’s stock, valued at approximately $9,522,856. On Tuesday, shares of LinkedIn Corp (NYSE:LNKD) advanced 4.66% to close the day at $163.68. Company return on investment (ROI) is 1.00% and its monthly performance is recorded as 10.08%.  LinkedIn Corp (NYSE:LNKD) quarterly revenue growth is -18.77%.

Baidu Inc (ADR) (NASDAQ:BIDU), the world’s leading Chinese search engine and developer of award-winning PC, Web and mobile products, has announced that it has joined top software security experts in the Microsoft Active Protections Program (MAPP) to enhance its PC product Baidu Antivirus’s capability to anticipate emerging threats and rapidly push out critical solutions to users. Baidu Inc (ADR) (NASDAQ:BIDU) stock performance was 2.20% in last session and finished the day at $176.14. Traded volume was 4.11million shares in the last session and the average volume of the stock remained 4.31million shares. The beta of the stock remained 1.95. Baidu Inc (ADR) (NASDAQ:BIDU) insider ownership is 0.13%.

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