Whats Hot Today: Oi SA (NYSE:OIBR), Colfax Corporation (NYSE:CFX), The Eastern Company (NASDAQ:EML), Energy Recovery, Inc. (NASDAQ:ERII), Providence and Worcester Railroad (NASDAQ:PWX)

Technology Stocks News 11

On 14 AUG Oi SA (NYSE:OIBR) published its unaudited Consolidated Information and Earnings Report for 2Q14 and 1H14 periods ended June 30, 2014. The company reported 1.9 percent year over year (YoY) growth in its revenue generating units during 2Q14 which amounted to 102.14 million, comprising 74.89 million units in Brazil, 12.94 million units in Portugal and 14.31 million units in other markets. Net revenues increased to R$ 9.02 billion (Currency: Brazilian Real), representing 0.4 percent YoY growth. The company’s operations in Brazil contributed more than 75 percent of the net revenues in 2Q14 and 1H14 periods. Oi SA (NYSE:OIBR) belongs to Technology sector. Its net profit margin is -5.60% and weekly performance is -7.54%. On last trading day company shares ended up $0.53. Oi SA (NYSE:OIBR) distance from 50-day simple moving average (SMA50) is -30.69%.

On 6 AUG Colfax Corporation (NYSE:CFX) Director Mitchell P. Rales purchased 3,800 shares of the stock in a transaction dated Wednesday. The shares were purchased at an average cost of $62.18 per share, for a total transaction of $236,284.00. Following the transaction, the director now directly owns 11,311,261 shares of the company’s stock, valued at approximately $703,334,209.  Colfax Corporation (NYSE:CFX) belongs to Industrial Goods sector. Its net profit margin is 6.80% and weekly performance is 2.47%. On last trading day company shares ended up $63.96. Colfax Corporation (NYSE:CFX) distance from 50-day simple moving average (SMA50) is -8.79%.

On 18 AUG The Eastern Company (NASDAQ:EML) said it will begin trading ex-dividend. A cash dividend payment of $0.15 per share is scheduled to be paid on September 15, 2014. Shareholders who purchased EML stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents a 36.36% increase over the prior quarter. At the current stock price of $15.67, the dividend yield is 3.83%. The Eastern Company (NASDAQ:EML) shares moved up 0.51% in last trading session and ended the day at $15.75. EML Gross Margin is 22.00% and its return on assets is 6.00%. The Eastern Company (NASDAQ:EML) quarterly performance is 0.70%.

On 6 AUG Energy Recovery, Inc. (NASDAQ:ERII) last posted its quarterly earnings results on Wednesday. The company reported ($0.09) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.06) by $0.03. The company had revenue of $6.41 million for the quarter, compared to the consensus estimate of $6.94 million. During the same quarter in the prior year, the company posted ($0.03) earnings per share. The company’s quarterly revenue was down 25.2% on a year-over-year basis. On average, analysts predict that Energy Recovery will post $-0.05 earnings per share for the current fiscal year. On 15 August, Energy Recovery, Inc. (NASDAQ:ERII) shares moved up 3.46% and was closed at $4.48. ERII EPS growth in last 5 year was -18.50%. Energy Recovery, Inc. (NASDAQ:ERII) year to date (YTD) performance is -19.28%.

On 1 AUG Providence and Worcester Railroad Company (NASDAQ:PWX) announced a quarterly dividend on Friday. Investors of record on Wednesday, August 13th will be paid a dividend of 0.04 per share on Wednesday, August 27th. This represents a $0.16 annualized dividend and a dividend yield of 0.87%. The ex-dividend date is Monday, August 11th. Providence and Worcester Railroad Company (NASDAQ:PWX) ended the last trading day at $17.16. Company weekly volatility is calculated as 1.25%and price to cash ratio as 29.72. Providence and Worcester Railroad Company (NASDAQ:PWX) showed a weekly performance of 0.65%.

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