Morning Buzz: Apple Inc. (NASDAQ:AAPL), Lincoln Educational Services Corporation (NASDAQ:LINC), Computer Task Group Inc. (NASDAQ:CTG), RMG Networks Holding Corporation (NASDAQ:RMGN), Renren (NYSE:RENN)

On Tuesday shares of Apple Inc. (NASDAQ:AAPL) closed at $125.86. Company’s sales growth for last 5 years was 33.60% and EPS growth for next 5 years is recorded as 13.20%. Apple Inc. (NASDAQ:AAPL) to usher in new era of pay TV. On Tuesday, Pacific Crest Securities analyst Andy Hargreaves predicted Apple would launch a premium digital TV service that would “shift the landscape of pay TV.” He said he expects Apple to launch a virtual multichannel video programming service that would be priced and marketed as a “high-quality service,” costing around $40 to $50 a month.

Lincoln Educational Services Corporation (NASDAQ:LINC) in last trading activity remains unchanged to close at $2.20. Company weekly performance is -4.35% while its quarterly performance stands at -10.57%. Lincoln Educational Services Corporation (NASDAQ:LINC) is -51.51% away from its 52 week high. On May 6, Lincoln Educational Services Corporation (NASDAQ:LINC) announced a leadership transition. Scott M. Shaw, currently Lincoln’s President and Chief Operating Officer, will succeed current Chief Executive Officer Shaun McAlmont and become Lincoln’s President and Chief Executive Officer on July 1. Mr. McAlmont is resigning effective June 30, 2015 after 5 years as Lincoln’s CEO to focus on his family and explore other career interests.

On last trading day Computer Task Group Inc. (NASDAQ:CTG) increased 0.64% to close at $7.87. Its volatility for the week is 4.11% while volatility for the month is 3.83%. CTG’s sales growth for past 5 years was 7.40% and its EPS growth for past 5 years was 11.00%. Computer Task Group Inc. (NASDAQ:CTG) monthly performance is 1.94%. Computer Task Group Inc. (NASDAQ:CTG) announced that it has accepted the resignation of Ted Reynolds, Senior Vice President, who has decided to leave the Company to pursue other interests. Mr. Reynolds’ resignation is effective May 29, 2015, and in the interim he will work with CTG’s healthcare team and its clients to ensure a smooth departure.

RMG Networks Holding Corporation (NASDAQ:RMGN) has 51.95% insider ownership while its institutional ownership stands at 36.50%. In last trading activity company’s stock closed at $1.64. RMG Networks Holding Corporation (NASDAQ: RMGN), announced Chuck Corbin as its new Senior Vice President of Sales – North America. Corbin’s key responsibility is to accelerate North American sales.

On Tuesday shares of Renren Inc. (NYSE:RENN) closed at $2.90. Company’s sales growth for last 5 years was 12.20%. Renren Inc (NYSE:RENN), the Chinese online social networking platform, on Tuesday reported first-quarter net loss of $27.5 million or $0.03 per share. This compares with a profit of $32.3 million or $0.03 per share last year, when it recorded gains from discontinued operations.

Leave a Reply

Your email address will not be published. Required fields are marked *

*