Why Making Dramatic Moves : MGIC Investment Corp. (NYSE:MTG), Polycom, Inc. (NASDAQ:PLCM), Destination Maternity Corporation (NASDAQ:DEST), The Laclede Group, Inc. (NYSE:LG), ZAZA

Technology Stocks News 15

MGIC Investment Corp. (NYSE:MTG) Director Michael E. Lehman purchased 5,000 shares of MGIC Investment Corp. stock on the open market in a transaction dated Thursday, October 23rd. The shares were purchased at an average cost of $8.26 per share, for a total transaction of $41,300.00. MGIC Investment Corp. (NYSE:MTG) belongs to Financial sector. Its net profit margin is 18.50% and weekly performance is 0.12%. On last trading day company shares ended up $8.44. MGIC Investment Corp. (NYSE:MTG) distance from 50-day simple moving average (SMA50) is 3.66%.

On Oct 22, Video-conferencing equipment maker Polycom, Inc. (NASDAQ:PLCM)’s quarterly profit and revenue beat the average analyst estimate, helped by a drop in expenses following job cuts. The company’s total operating expenses fell 18 percent in the third quarter ended Sept. 30. Polycom, Inc. (NASDAQ:PLCM) shares fell -0.56% in last trading session and ended the day at $12.39. PLCM Gross Margin is 58.10% and its return on assets is -1.20%. Polycom, Inc. (NASDAQ:PLCM) quarterly performance is -6.21%.

On Oct. 15, Destination Maternity Corporation (NASDAQ:DEST) announced it will expand into Israel through an international franchise agreement with H&O Fashion Ltd. (H&O), one of Israel’s largest and dominant fashion-retail chains. Through this relationship, Destination Maternity will introduce its Motherhood Maternity®, A Pea in the Pod®, and Destination Maternity® brands into Israel, with the first franchise locations expected to open in Spring 2015. On 24 October, Destination Maternity Corporation (NASDAQ:DEST) shares fell -2.26% and was closed at $14.26. DEST EPS growth in last 5 year was 75.90%. Destination Maternity Corporation (NASDAQ:DEST) year to date (YTD) performance is -51.01%.

Analysts at JPMorgan Chase & Co. started coverage on shares of Laclede Group (NYSE:LG) in a research report issued to clients and investors on Friday. The firm set a “neutral” rating and a $51.00 price target on the stock. JPMorgan Chase & Co.’s price objective points to a potential upside of 6.85% from the company’s current price. The Laclede Group, Inc. (NYSE:LG) ended the last trading day at $48.92. Company weekly volatility is calculated as 1.25% and price to cash ratio as 3.69. The Laclede Group, Inc. (NYSE:LG) showed a weekly performance of 2.49%.

On Oct 20, ZaZa Energy Corporation (NASDAQ:ZAZA) announced the one-year production results (October 1, 2013 to September 30, 2014) from three of its East Texas vertical wells in Madison and Walker counties, Texas: ZaZa Energy Corporation (NASDAQ:ZAZA) shares fell -7.95% in last trading session and ended the day at $3.36. ZAZA Gross Margin is 77.10% and its return on assets is -23.60%. ZaZa Energy Corporation (NASDAQ:ZAZA) quarterly performance is -58.00%.

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