Why Need to Watch : Plug Power Inc. (NASDAQ:PLUG), Brocade Communications Systems, Inc. (NASDAQ:BRCD), Investors Real Estate Trust (NYSE:IRET), Anadarko Petroleum Corporation (NYSE:APC), Global-Tech Advanced Innovations Inc. (NASDAQ:GAI)

Technology Stocks News 19

Plug Power (NASDAQ:PLUG) Director Liquide Investissements D’ Air unloaded 5,521,676 shares of the company’s stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $5.80, for a total transaction of $32,025,720.80. Following the completion of the transaction, the director now directly owns 39,324 shares of the company’s stock, valued at approximately $228,079. Plug Power Inc. (NASDAQ:PLUG) belongs to Technology sector. Its weekly performance is 6.94%. On last trading day company shares ended up $4.47. Plug Power Inc. (NASDAQ:PLUG) distance from 50-day simple moving average (SMA50) is -16.31%.

Brocade Communications Systems (NASDAQ:BRCD) was upgraded by research analysts at Wunderlich from a “sell” rating to a “hold” rating in a report released on Monday. The firm currently has a $8.50 price target on the stock, down from their previous price target of $10.00. Brocade Communications Systems, Inc. (NASDAQ:BRCD) shares moved up 0.74% in last trading session and ended the day at $10.88. BRCD Gross Margin is 65.80% and its return on assets is 6.10%. Brocade Communications Systems, Inc. (NASDAQ:BRCD) quarterly performance is 18.65%.

Investors Real Estate Trust (NASDAQ:IRET) Director Jeffrey L. Miller purchased 10,000 shares of the company’s stock on the open market in a transaction dated Monday, September 22nd. The shares were purchased at an average price of $7.63 per share, for a total transaction of $76,300.00. Following the transaction, the director now directly owns 416,345 shares of the company’s stock, valued at approximately $3,176,712. On 29 September, Investors Real Estate Trust (NYSE:IRET) shares moved up 1.59% and was closed at $7.67. IRET EPS growth in last 5 year was -39.60%. Investors Real Estate Trust (NYSE:IRET) year to date (YTD) performance is -6.46%.

On Sep 12, Japanese trading house Mitsubishi Corp announced that it is buying a 20 percent stake in an offshore oilfield in Ivory Coast from U.S. firm Anadarko Petroleum Corporation (NYSE:APC), in what will be the first Japanese oilfield stake purchase in the African country. Anadarko Petroleum Corporation (NYSE:APC) ended the last trading day at $104.25. Company weekly volatility is calculated as 2.72% and price to cash ratio as 9.83. Anadarko Petroleum Corporation (NYSE:APC) showed a weekly performance of 0.69%.

Global-Tech Advanced Innovations Inc. (NASDAQ:GAI) announced its net sales and earnings for the quarter ended June 30, 2014 (the Company’s first quarter of fiscal 2015). Net sales for the first quarter of fiscal 2015 ended June 30, 2014 were $24.6 million, compared to net sales of $12.5 million from continuing operations for the corresponding quarter in fiscal 2014. Net sales, as presented for the comparable quarter in fiscal 2014, exclude sales from our EMS business, which was discontinued in December 2013. Net loss for the first quarter of fiscal 2015 was $0.3 million, or $0.10 per share, compared to a net loss of $1.5 million, or $0.51 per share, for the first quarter of fiscal 2014. Global-Tech Advanced Innovations Inc. (NASDAQ:GAI) shares fell -3.04% in last trading session and ended the day at $5.75. GAI Gross Margin is 6.80% and its return on assets is -12.00%. Global-Tech Advanced Innovations Inc. (NASDAQ:GAI) quarterly performance is -2.21%.

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