Whats Hot Today : Ericsson (NASDAQ:ERIC), Twitter Inc (NYSE:TWTR), Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA), Patrick Industries Inc. (NASDAQ:PATK), TCF Financial (NYSE:TCB)

Technology Stocks News 6

Swedish-based telecom gear manufacturer Ericsson (NASDAQ:ERIC), has entered into a deal with Bharti Airtel which will see it supply base stations and other equipment for the carrier’s 4G LTE network in India. What’s more, the former company is boasting about having bagged two contracts from Idea Cellular too. Ericsson (NASDAQ:ERIC) belongs to Technology sector. Its net profit margin is 5.90% and weekly performance is -5.52%. On last trading day company shares ended up $11.80. Ericsson (NASDAQ:ERIC) distance from 50-day simple moving average (SMA50) is -5.68%.

Twitter Inc (NYSE:TWTR) is suing the FBI and the Department of Justice to be able to release more information about government surveillance of its users. The social media company filed a lawsuit Tuesday in a California federal court to publish its full “transparency report,” which documents government requests for user information. Twitter Inc (NYSE:TWTR) shares fell -0.23% in last trading session and ended the day at $55.29. TWTR Gross Margin is 63.00% and its return on assets is -30.20%. Twitter Inc (NYSE:TWTR) quarterly performance is 44.25%.

Banco Santander, S.A. (ADR) (NYSE:SAN) and Banco Bilbao Vizcaya Argentaria SA (ADR) (NYSE:BBVA) have been scrutinised by analysts at Berenberg Bank who have given investors their latest guidance on the two Spanish banking giants. Analysis from Berenberg’s Iro Papadopoulou shows BBVA is preffered over its rival largely owing to its exposure to the Brazilian market where analysts believe real growth and inflation will disappoint. On 09 October, Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) shares fell -3.06% and was closed at $11.41. BBVA EPS growth in last 5 year was -43.40%. Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) year to date (YTD) performance is -4.44%.

Patrick Industries (NASDAQ:PATK) major shareholder Jeffrey L. Et Al Gendell sold 14,300 shares of the stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $43.61, for a total transaction of $623,623.00. Patrick Industries Inc. (NASDAQ:PATK) ended the last trading day at $40.21. Company weekly volatility is calculated as 2.96% and price to cash ratio as 128.92. Patrick Industries Inc. (NASDAQ:PATK) showed a weekly performance of -5.72%.

TCF National Bank sued to collect about $2 million from the owner of 10 gas stations throughout the Chicago area and in downstate Decatur. Barrington Hills-based investor Harjinder Singh, who owns the seven Chicago-area gas stations and three in Decatur, said the suit relates to three loans secured by the properties. Two of the loans have matured, he said. A spokesman for TCF’s parent company, Wayzata, Minnesota-based TCF Financial Corporation (NYSE:TCB) did not return messages. TCF Financial Corporation (NYSE:TCB) shares fell -3.10% in last trading session and ended the day at $15.00. TCB return on assets is 0.90%. TCF Financial Corporation (NYSE:TCB) quarterly performance is -7.52%.

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