Whats Hot Today: Verizon Communications Inc. (NYSE:VZ), Recro Pharma, Inc. (NASDAQ:REPH), Symantec Corporation (NASDAQ:SYMC), USEC Inc. (NYSE:USU), Enbridge Inc. (NYSE:ENB)

Technology Stocks News 10

CNBC’s Jon Fortt talked to Dan Mead, Verizon Wireless President & CEO in a program about Verizon Communications Inc. (NYSE:VZ)’s expectations from Apple Inc. (NASDAQ:AAPL) and future business plans. Mead said that Apple Inc. (NASDAQ:AAPL) is a very important business partner of Verizon in the industry and he is extremely excited about the product launch event of Apple Inc. (NASDAQ:AAPL) today.Verizon Communications Inc. (NYSE:VZ) belongs to Technology sector. Its net profit margin is 12.50% and weekly performance is -1.43%. On last trading day company shares ended up $49.01. Verizon Communications Inc. (NYSE:VZ) distance from 50-day simple moving average (SMA50) is -1.42%.

Recro Pharma, Inc. (NASDAQ:REPH), a clinical stage specialty pharmaceutical company developing non-opioid therapeutics for the treatment of pain, initially for acute pain following surgery, announced a clinical strategy update following findings from a prespecified interim analysis conducted on the initial half of patients who completed enrollment in the Company’s REC-13-012 trial. The trial is a double blind, placebo-controlled study of intranasal dexmedetomidine, Dex-IN, in the treatment of acute post-operative pain following bunionectomy surgery on Post Op Day 0. Recro Pharma, Inc. (NASDAQ:REPH) shares advanced 6.95% in last trading session and ended the day at $4.00. REPH return on assets is -69.20%. Recro Pharma, Inc. (NASDAQ:REPH) quarterly performance is -48.39%.

Symantec Corporation (NASDAQ:SYMC) said that it begin trading ex-dividend. A cash dividend payment of $0.15 per share is scheduled to be paid on September 17, 2014. On 11 September, Symantec Corporation (NASDAQ:SYMC) shares advanced 0.28% and was closed at $24.77. SYMC EPS growth in last 5 year was 16.60%. Symantec Corporation (NASDAQ:SYMC) year to date (YTD) performance is 7.23%.

USEC Inc. (NYSE:USU) said on 5 September that confirmation of the plan of reorganization is the “last major court step” in the Chapter 11 bankruptcy process it began when it filed a voluntary petition for relief on 5 March. USEC Inc said the bankruptcy was a “pre-arranged” filing that included the proposed plan of reorganization, which was supported by a group of noteholders that owned more than 66% of the value of the notes outstanding. USEC Inc has continued to operate its business as a “debtor-in-possession” under the jurisdiction of the court. USEC Inc. (NYSE:USU) ended the last trading day at $3.02. Company weekly volatility is calculated as 18.28%and price to cash ratio as 0.18. USEC Inc. (NYSE:USU) showed a weekly performance of -40.55%.

Enbridge (NYSE:ENB) stock had its “outperform” rating reaffirmed by Scotiabank in a research note issued on Friday. They currently have a C$70.00 target price on the stock.Enbridge Inc. (NYSE:ENB) shares fell -0.80% in last trading session and ended the day on $50.58. ENB Gross Margin is 18.20% and its return on assets is 2.20%. Enbridge Inc. (NYSE:ENB) quarterly performance is 8.89%.

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