Whats Hot Today : Yahoo! (NASDAQ:YHOO), Newmont Mining Corporation (NYSE:NEM), Diamondrock Hospitality (NYSE:DRH), China Sunergy Co. Ltd. (NASDAQ:CSUN), Universal (NYSE:UVV),

Technology Stocks News 5

Yahoo! Inc. (NASDAQ:YHOO) remains the best way to play this week’s Alibaba IPO while JDS Uniphase is the latest company to split itself and make money for shareholders. Yahoo! Inc. (YHOO), valued at $42.36B, opened this morning at $42.69. A quick look at the market, the company’s stock traded between $41.69 and $42.96 with a trailing 52-week range being $29.31 to $44.01. Yahoo! Inc. (NASDAQ:YHOO) belongs to Technology sector. Its net profit margin is 26.50% and weekly performance is 3.52%. On last trading day company shares ended up $42.59. Yahoo! Inc. (NASDAQ:YHOO) distance from 50-day simple moving average (SMA50) is 14.88%.

Cowen and Company upgraded shares of Newmont Mining Corp (NYSE:NEM) from a market perform rating to an outperform rating in a report released on Tuesday. Cowen and Company currently has $32.93 price objective on the stock, up from their previous price objective of $31.77. Newmont Mining Corporation (NYSE:NEM) shares fell -1.48% in last trading session and ended the day at $24.67. NEM Gross Margin is 39.70% and its return on assets is -1.90%. Newmont Mining Corporation (NYSE:NEM) quarterly performance is 4.01%.

DiamondRock Hospitality Company (NYSE: DRH) announced that it recently acquired the fee simple interest in a 106-room boutique hotel, The Inn at Key West in Key West, Florida, for a contractual purchase price of $47.5 million (or $448,000 per guest room). The contractual purchase price represents a 12.1 multiple on forecasted 2014 Hotel earnings before interest, taxes, depreciation and amortization (“EBITDA”) of $3.9 million and a 7.6% capitalization rate on the Hotel’s 2014 forecasted net operating income. On 17 September, Diamondrock Hospitality Co. (NYSE:DRH) shares increased 0.23% and was closed at $13.22. DRH EPS growth in last 5 year was -24.20%. Diamondrock Hospitality Co. (NYSE:DRH) year to date (YTD) performance is 16.37%.

Following the release of the National Energy Administration’s (NEA) favorable policy regarding distributed generation (DG) solar last week, two more sell-side firms have come forth with a bullish outlook on Chinese solar stocks – which are in the green. In response to China Sunergy Co. Ltd. (NASDAQ:CSUN) strategy to spur domestic growth of solar installations, Roth Capital Partners LLC and JPMorgan Chase & Co. (JPM) provided a positive view on the solar companies. China Sunergy Co. Ltd. (NASDAQ:CSUN) ended the last trading day at $3.38. Company weekly volatility is calculated as 9.60% and price to cash ratio as 1.67. China Sunergy Co. Ltd. (NASDAQ:CSUN) showed a weekly performance of -5.85%.

The company also recently declared a quarterly dividend, which is scheduled for Monday, November 10th. Stockholders of record on Tuesday, October 14th be given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date of this dividend is Thursday, October 9th. Universal Corporation (NYSE:UVV) shares fell -3.00% in last trading session and ended the day at $45.30. UVV Gross Margin is 17.50% and its return on assets is 3.20%. Universal Corporation (NYSE:UVV) quarterly performance is -19.25%.

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