Alcatel Lucent SA (ADR) (NYSE:ALU) and SM Optics have announced the transfer of the research and development activity responsible for optical multi-service node (OMSN) platforms including the 1850 TSS product family and related network management systems to SM Optics, an Italy-based SIAE MICROELETTRONICA company. Alcatel Lucent SA (ADR) (NYSE:ALU) in last trading activity moved up 2.90% to close at $3.55. Company weekly performance is 12.34% while its quarterly performance stands at 4.11%. Alcatel Lucent SA (ADR) (NYSE:ALU) is -24.15% away from its 52 week high.
Stock analysts at Deutsche Bank increased their target price on shares of Valero Energy Corporation (NYSE:VLO) from $60.00 to $63.00 in a report issued on Tuesday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s target price suggests a potential upside of 23.99% from the company’s current price. On last trading day Valero Energy Corporation (NYSE:VLO) fell -0.08% to close at $50.94. Its volatility for the week is 2.12% while volatility for the month is 2.41%. VLO’s sales growth for past 5 years was 5.30% and its EPS growth for past 5 years was 33.60%. Valero Energy Corporation (NYSE:VLO) monthly performance is 3.49%.
On 7 November Geeknet, Inc. (NASDAQ:GKNT) announced its financial results for the third quarter ended September 30, 2014. Total revenue for the third quarter of 2014 was $22.2 million, a decrease of 1% from $22.4 million in the third quarter of 2013. Net loss for the third quarter of 2014 was $2.8 million or $0.42 per diluted share compared to net loss of $1.4 million or $0.22 per diluted share for the same period a year ago. On last trading day Geeknet, Inc. (NASDAQ:GKNT) fell -0.79% to close at $8.76. Its volatility for the week is 3.48% while volatility for the month is 3.03%. GKNT’s sales growth for past 5 years was 33.60% and its EPS growth for past 5 years was -16.90%. Geeknet, Inc. (NASDAQ:GKNT) monthly performance is -7.79%.
RetailMeNot, Inc. (NASDAQ:SALE) announced that Douglas C. Jeffries has decided to step down as Chief Financial Officer effective November 30, 2014 to return to his home on the west coast. Mr. Jeffries will remain with RetailMeNot to assist with the transition. RetailMeNot, Inc. (NASDAQ:SALE) has 1.00% insider ownership while its institutional ownership stands at 69.50%. In last trading activity company’s stock closed at $14.73.
On 6 November Datawatch Corporation (NASDAQ:DWCH) said it has teamed with Xerox to help clients in industries such as retail, healthcare, government and financial services find cost savings and efficiencies faster with digitalization. On Wednesday shares of Datawatch Corporation (NASDAQ:DWCH) closed at $9.17. Company’s sales growth for last 5 years was 5.70% and EPS growth for next 5 years is recorded as 20.00%.