Why Making Dramatic Moves: Tower Semiconductor Ltd. (NASDAQ:TSEM), Boston Scientific (NYSE:BSX), J&J Snack Foods Corp. (NASDAQ:JJSF), Valley National Bancorp (NYSE:VLY), SDT

Technology Stocks News 8

Israeli-based global specialty foundry Tower Semiconductor Ltd.( NASDAQ:TSEM) announced that it has re-financed its existing bank debt. The company has replaced the present loans previously scheduled to be repaid during the coming two years, with a $111 million term loan maturing by October 2018. Tower Semiconductor Ltd. (NASDAQ:TSEM) in last trading activity increased 5.88% to close at $9.91. Company weekly performance is 11.47% while its quarterly performance stands at -1.98%. Tower Semiconductor Ltd. (NASDAQ:TSEM) is -19.17% away from its 52 week high.

On October 25, Boston Scientific Corporation (NYSE:BSX), a leader in implantable pain management technology, has received US Food and Drug Administration (FDA) and CE Mark approval for the CoverEdge 32 and CoverEdge X 32 Surgical Leads, the world’s first 32-contact surgical leads designed to blanket the spinal cord for unprecedented pain coverage. On last trading day Boston Scientific Corporation (NYSE:BSX) decreased -0.53% to close at $13.14. Its volatility for the week is 1.84% while volatility for the month is 2.44%. BSX’s sales growth for past 5 years was -2.40% and its EPS growth for past 5 years was 41.90%. Boston Scientific Corporation (NYSE:BSX) monthly performance is 11.26%.

J&J Snack Foods Corp. (NASDAQ:JJSF) announced that its conference call to discuss its fourth quarter 2014 results is scheduled for Friday, November 7, 2014 at 10:00 am Eastern time. On last trading day J&J Snack Foods Corp. (NASDAQ:JJSF) decreased -0.06% to close at $101.06. Its volatility for the week is 1.59% while volatility for the month is 2.07%. JJSF’s sales growth for past 5 years was 6.60% and its EPS growth for past 5 years was 18.30%. J&J Snack Foods Corp. (NASDAQ:JJSF) monthly performance is 8.02%.

Valley National Bancorp (NYSE:VLY)reported Wednesday slightly higher third-quarter profit despite a decline in revenue. The Wayne-based bank holding company posted net income of $27.7 million, up from $27.1 million in the year-earlier period. The per share earnings were unchanged at 14 cents. Valley National Bancorp (NYSE:VLY) has 4.73% insider ownership while its institutional ownership stands at 53.40%. In last trading activity company’s stock closed at $9.90.

Zacks upgraded shares of Sandridge Mississippian Trust I (NYSE:SDT) from an underperform rating to a neutral rating in a research note issued to investors on Wednesday. The firm currently has $4.10 price target on the stock. On Wednesday shares of SandRidge Mississippian Trust I (NYSE:SDT) closed at $4.11. Company’s EPS growth for next 5 years is recorded as 10.00%.

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