What’s Hot: Regions Financial (NYSE:RF), Ciena (NYSE:CIEN), Allegion (NASDAQ:ALLE), Vishay Intertechnology (NYSE:VSH), Power Integrations Inc. (NASDAQ:POWI)

Technology Stocks News 18

Regions Financial Corporation (NYSE:RF) second-quarter 2014 earnings from continuing operations of 21 cents per share came in line with the Zacks Consensus Estimate. A strong capital position, reduced non-interest expenses and increase in loans and deposits were the positives for the quarter. However, lower top-line growth due to lack of credible improvement in the mortgage market as well as higher provision for loan losses remained the major concerns. Regions Financial Corporation (NYSE:RF) belongs to Financial sector. Its net profit margin is 29.60% and weekly performance is -3.57%. On last trading day company shares ended up $9.99. Regions Financial Corporation (NYSE:RF) distance from 50-day simple moving average (SMA50) is -4.60%.

On July 15, 2014 (the “Closing Date”), Ciena Corporation (NYSE:CIEN) and certain of its subsidiaries entered into certain financing agreements related to (i) the amendment of its existing asset-based lending facility and, (ii) a new term loan facility, Third Amendment to ABL Credit Agreement. Ciena Corporation (NYSE:CIEN) shares fell -2.20% in last trading session and ended the day at $19.10. CIEN Gross Margin is 41.70% and its return on assets is -2.10%. Ciena Corporation (NYSE:CIEN) quarterly performance is -1.19%.

Allegion plc (NASDAQ:ALLE) a leading provider of security products and solutions for homes and businesses, reported dismal second-quarter results, as both earnings as well as revenues missed the Zacks consensus Estimate. On 01 August, Allegion plc (NASDAQ:ALLE) shares fell -2.08% and was closed at $50.36. Allegion plc (NASDAQ:ALLE) year to date (YTD) performance is 14.30%.

Vishay Intertechnology Inc. (NYSE:VSH) today announced the availability of a Vishay app for the Apple iPad® that makes it easy for users to access the company’s Super 12 and Engineer’s Toolbox collections of industry-leading semiconductor and passive devices. Vishay Intertechnology Inc. (NYSE:VSH) ended the last trading day at $14.59. Company weekly volatility is calculated as 2.61%and price to cash ratio as 1.87. Vishay Intertechnology Inc. (NYSE:VSH) showed a weekly performance of -2.41%.

The following discussion and analysis of our financial condition and results of operations of Power Integrations Inc. (NASDAQ:POWI) should be read in conjunction with the condensed consolidated financial statements and the notes to those statements included elsewhere in this Quarterly Report on Form 10-Q, and with the consolidated financial statements and management’s discussion and analysis of our financial condition and results of operations in our Annual Report on Form 10-K for the year ended December 31, 2013, filed with the SEC on February 13, 2014. This discussion contains forward-looking statements that involve risks and uncertainties. Our actual results could differ materially from those contained in these forward-looking statements due to a number of factors, including those discussed in Part II, Item 1A-“Risk Factors” and elsewhere in this report. See also “Cautionary Note Regarding Forward-Looking Statements” at the beginning of this report. Power Integrations Inc. (NASDAQ:POWI) shares increased 0.28% in last trading session and ended the day on $53.98. POWI Gross Margin is 53.60% and its return on assets is 12.00%. Power Integrations Inc. (NASDAQ:POWI) quarterly performance is 10.25%.

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