Why Need to Watch – Verizon Communications (NYSE:VZ) , Linn Energy (NASDAQ:LINE) , Memorial Production (NASDAQ:MEMP) , Mid-America (NYSE:MAA) , KMG Chemicals (NYSE:KMG)

Technology Stocks News 18

Wireless carriers have been aggressively pushing cheap Android tablets. On Tuesday, Verizon Communications Inc. (NYSE:VZ) said it added 1.1 million tablets in the second quarter, thanks in part to promotions like an Ellipsis 7 tablet at no cost to new subscribers. Verizon Communications Inc. (NYSE:VZ) stock performance was -0.14% in last session and finished the day at $50.91. Traded volume was 11.91million shares in the last session and the average volume of the stock remained 15.07million shares. The beta of the stock remained 0.40. Verizon Communications Inc. (NYSE:VZ) insider ownership is 0.02%.

Linn Energy, LLC (NASDAQ:LINE) said that standard & Poor’s Ratings Services affirms its ‘BB-’ corporate credit ratings on Houston-based exploration and production company Linn Energy, LLC (NASDAQ:LINE). Linn Energy LLC (NASDAQ:LINE) rose 1.12 percent to $31.50 Wednesday on volume of 937,760.00million shares. The intra-day range of the stock was $31.16 to $31.65. Linn Energy LLC (NASDAQ:LINE) has a market capitalization of $10.44billion.

Looking back to 12 days ago, Memorial Production Partners LP (NASDAQ:MEMP) priced a 8,600,000 share secondary stock offering at $22.50 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Tuesday, the stock is now 5.3% higher than the offering price. Memorial Production Partners LP (NASDAQ:MEMP)’s stock on July 23, 2014 reported a decrease of -0.33% to the closing price of $23.82. Its fifty two weeks range is $19.30 -$24.75. The total market capitalization recorded $1.46billion. The overall volume in the last trading session was 332,985.00million shares. In its share capital, MEMP has 71.82million outstanding shares.

Stock analysts at Oppenheimer started coverage on shares of Mid-America Apartment Communities (NYSE:MAA) in a report issued on Tuesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating on the stock. On Wednesday, shares of Mid-America Apartment Communities Inc (NYSE:MAA) advanced 0.71% to close the day at $74.00. Company return on investment (ROI) is 1.80% and its monthly performance is recorded as 3.82%. Mid-America Apartment Communities Inc (NYSE:MAA) quarterly revenue growth is 8.94%.

In the first half of 2013, KMG Chemicals, Inc. (NYSE:KMG) acquired ultra pure chemicals subsidiary of OM Group, followed by two expansions from The Linde Group (Germany), and three product launches by Dow Chemicals Company (U.S.). KMG Chemicals, Inc. (NYSE:KMG) stock performance was 0.54% in last session and finished the day at $16.81. Traded volume was 9,556.00million shares in the last session and the average volume of the stock remained 22.85K shares. The beta of the stock remained 1.62. KMG Chemicals, Inc. (NYSE:KMG) insider ownership is 9.20%.

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