Why Making Dramatic Moves : BP plc (NYSE:BP), Alexion Pharmaceuticals (NASDAQ:ALXN), BioFuel Energy (NASDAQ:BIOF), Kongzhong Corp. (NASDAQ:KZ), CPI Aerostructures Inc. (NYSEMKT:CVU)

Technology Stocks News 18

BP PLC (NYSE:BP) has asked a federal judge to remove Patrick Juneau as administrator of damage claims from its 2010 oil spill, saying he failed to disclose a major conflict of interest. BP plc (NYSE:BP) belongs to Basic Materials sector. Its net profit margin is 2.70% and weekly performance is -0.98%. On last trading day company shares ended up $47.71. BP plc (NYSE:BP) distance from 50-day simple moving average (SMA50) is -3.94%.

Alexion Pharmaceuticals Inc. (NASDAQ:ALXN) CEO Leonard Bell unloaded 5,912 shares of the stock on the open market in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $169.17, for a total value of $1,000,133.04. Following the transaction, the chief executive officer now directly owns 1,021,274 shares of the company’s stock, valued at approximately $172,768,923. Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) shares advanced 0.48% in last trading session and ended the day at $169.96. ALXN Gross Margin is 91.30% and its return on assets is 12.10%. Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) quarterly performance is 0.22%.

BioFuel Energy Corp. (NASDAQ:BIOF) CEO Scott H. Pearce sold 43,515 shares of BioFuel Energy Corp. stock on the open market in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $9.58, for a total value of $416,873.70. Following the completion of the transaction, the chief executive officer now directly owns 82,402 shares of the company’s stock, valued at approximately $789,411. On 03 September, BioFuel Energy Corp. (NASDAQ:BIOF) shares decreased -2.38% and was closed at $12.31. BIOF EPS growth in last 5 year was 50.50%. BioFuel Energy Corp. (NASDAQ:BIOF) year to date (YTD) performance is 619.88%.

KongZhong Corporation (NASDAQ:KZ), a leading online games publisher and developer in the PRC, on 27 Aug 2014 announced its unaudited financial results for the second quarter ended June 30, 2014. Total revenues were US$ 57.87 mn, an increase of 16.7% from the first quarter of 2014 and 32.8% from the same period last year, in line with the guidance range of US$ 57.5 mn to US$ 58.5 mn. Total gross profit was US$ 24.50 mn, an increase of 5.1% from the first quarter of 2014 and 37.2% from the same period last year, in line with the guidance range of US$ 24.0 mn to US$ 25.0 mn. Net income was US$ 0.07 mn, beating the guidance loss range of US$ 0.5 mn to US$ 1.5 mn. Diluted net income per American Depositary Shares (“ADS”) was US$ 0.00. Non-GAAP net income was US$ 1.45 mn, exceeding the break even guidance. Non-GAAP diluted net income per ADS was US$ 0.03 (Non-GAAP Financial Measures are described and reconciled to the corresponding GAAP measures in the section titled “Non-GAAP Financial Measures”). Kongzhong Corp. (NASDAQ:KZ) ended the last trading day at $7.40. Company weekly volatility is calculated as 4.32%and price to cash ratio as 2.11. Kongzhong Corp. (NASDAQ:KZ) showed a weekly performance of -8.07%.

CPI Aerostructures Inc. (NYSEMKT:CVU)’s disclosure of a noncash hit of $44.7 million in a one-time charge relating to the retirement of A-10 jet by the Defense Department saw CPI Aerostructures, Inc. (NYSEMKT:CVU)’s shares trading south on Thursday, 07 Aug 2014. CPI Aerostructures Inc. (NYSEMKT:CVU) shares advanced 0.09% in last trading session and ended the day on $11.02. CVU Gross Margin is -71.60% and its return on assets is -19.10%. CPI Aerostructures Inc. (NYSEMKT:CVU) quarterly performance is -13.43%.

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