Google Inc.’s (NASDAQ:GOOG) shares edged up but the gap between its price and Apple Inc. (NASDAQ:AAPL) is getting tightened. Search and advertising giant recently added photo editing and tinkering technology maker Nik Software Inc. and in other news its Motorola Mobility unit is lifting Intel Corporation (NASDAQ:INTC)’s move to land chips in smartphones with its plan to start selling devices that has Intel processors in Europe and Latin America in October.
Oracle Corporation (NASDAQ:ORCL) was up on decision to takeover social-recruiting company SelectMinds as the software giant looks to raise its presence in the cloud. The stock’s price increased in the last trading session with previous 52-weeks high of $713.00. The stock was trading on below-average volume.
The stock traded at a volume of 1.50 million shares at a price gain of 0.04%. The share price is now down 24.37% for the past three months. Latest closing price was 670.86% above its 50-day moving average and 620.29% above its 200-day moving average.
Verizon Communications Inc. (NYSE:VZ ) and Spireon, Inc., a leading innovator of Mobile Resource Management (MRM) and business intelligence solutions used by companies to maximize their mobile assets and workforce, has signed a strategic deal to get its FleetLocate, fleet management solutions.
While trading at volume higher than average, the stock climbed 0.46% yesterday. Its previous 52-week high was $33.81 and moved up 16.75% over the same period, trading at a volume of 25.01 million. Shares have risen 11.67% over the trailing 6 months. The stock is currently trading 6.80% above its SMA 50 and 14.14% above its SMA 200.
Seagate Technology Plc (NASDAQ:STX) is under pressure after warning that its quarterly sales will fail to meet expectations. Over the last 12 months, a return on equity of 7.50 percent was realized due to the financial situation and earnings per share reached a value of $1.00. Last fiscal year, $2.06 has been paid in form of dividends to investors. Earnings are projected to move up 9.22 percent for the coming five years. The stock closed at $44.58, up 0.05 points or 0.11% from previous close and at a distance of 2.30% from 20-day simple moving average.
Seagate Technology Plc (NASDAQ:STX) moved up 86.52% in this year and its price history showed most recently beta was at 2.68. Overall the last 12 months, the percentage change in the price was 160.74%, hitting the highest of $35.71 on Aug 17, 2012 while lowest level in that period was $9.05 on Oct 04, 2011.