Why Trader’s Are Watching: Southwest Airlines Co. (NYSE:LUV), Delta Air Lines (NYSE:DAL), BP p.l.c. (NYSE:BP), Rogers Communications (NYSE:RCI), Sumitomo Mitsui Financial (NYSE:SMFG)

Technology Stocks News 13

Last month’s move by the U.S. commodities regulator to let Southwest Airlines Co. (NYSE:LUV) keep its multibillion-dollar oil trades secret for 15 days offered the world’s biggest low-cost carrier a break it has been seeking for three years. Southwest Airlines Co. (NYSE:LUV) belongs to Services sector. Its net profit margin is 6.30% and weekly performance is 3.84%. On last trading day company shares ended up $41.66. Southwest Airlines Co. (NYSE:LUV) distance from 50-day simple moving average (SMA50) is 10.18%.

Shares of Delta Air Lines (NYSE:DAL) have received a consensus recommendation of “Buy” from the sixteen ratings firms that are presently covering the company, American Banking & Market News reports. Two analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Delta Air Lines, Inc. (NYSE:DAL) shares moved up 1.95% in last trading session and ended the day at $48.05. DAL Gross Margin is 46.40% and its return on assets is 18.90%. Delta Air Lines, Inc. (NYSE:DAL) quarterly performance is 31.36%.

BP p.l.c. (NYSE:BP) is in talks to buy a direct stake in an East Siberian oil producer from OAO Rosneft, the Russian oil producer facing U.S. and European financing bans, according to a person with direct knowledge of the matter. On 24 December, BP p.l.c. (NYSE:BP) shares decreased -0.43% and was closed at $38.95. BP EPS growth in last 5 year was 2.00%. BP p.l.c. (NYSE:BP) year to date (YTD) performance is -15.77%.

Canadian media and communications company Rogers Communications Inc., (NYSE:RCI) said it has reached an agreement with Canadian communications company BCE Inc, under which the two companies will jointly own wireless retailer Glentel Inc.’s Canadian retail distribution outlets on completion of BCE’s pending acquisition of Glentel. Rogers Communications Inc. (NYSE:RCI) belongs to Technology sector. Its net profit margin is 10.90% and weekly performance is 1.53%. On last trading day company shares ended up $39.12. Rogers Communications Inc. (NYSE:RCI) distance from 50-day simple moving average (SMA50) is 2.04%.

Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG), Japan’s second-largest lender, said it would purchase Citi’s Japanese retail operations, leaving the New York bank to focus on corporate banking, investment banking and other institutional businesses in the world’s third-largest economy. Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) shares moved up 0.41% in last trading session and ended the day at $7.29. SMFG return on assets is 1.00%. Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) quarterly performance is -11.10%.

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