Despite a drop in exchanging Friday, U.S. stock exchanges had their best week in more than two years.
The S&P 500 likewise dipped 0.3
The Dow Jones Industrial Average finished the week up above 650 focuses, or 3.8%.
Technology stocks propelled 0.1% on Wall Street so far on Friday.
Technology packs outside London and the south east imagine that it all the more hard to attract wander and get admonishment on the most capable system to keep up their associations.
Microchip’s microcontroller business which represents around 65% general income kept on outflanking the business and empowered Microchip to increase huge piece of the overall industry.
Tech Nation, an undertaking intended to screen technology part development over the UK, has been invited via Carlos Morgado, CTO of online nourishment requesting administration Just Eat.
GlobalSCAPE, Inc.(NYSEMKT:GSB), Ubiquiti Networks Inc(NASDAQ:UBNT), Pixelworks, Inc.(NASDAQ:PXLW), Brightcove Inc(NASDAQ:BCOV), Harris Corporation(NYSE:HRS), shares were rock star in tech sector and all were shimmering and indicating positive perspectives.
The details and latest news about these companies are described below:
GlobalSCAPE, Inc.(NYSEMKT:GSB) trades in a 52-week range of $2.00 to $3.88 with shares boosted 26.47% at $3.01 in pre-market trade.
The company declared the initiation of a quarterly cash dividend program commencing the second quarter of 2015. The initial cash dividend will be $0.015 per share with the applicable second quarter record and payment dates to be determined.
GlobalSCAPE, Inc., together with its subsidiaries, develops and distributes software, delivers managed and hosted solutions, and provides associated services for secure information exchange for enterprises and consumers worldwide.
Shares of Ubiquiti Networks Inc(NASDAQ:UBNT) jumped nearly 14.33% to $29.99 in Saturday’s pre-market activity moving within a 52-week trading range of $25.67 - $56.85.
The firm declared results for the second fiscal quarter of 2015, ended December 31, 2014.
Revenues of $153.1 million, up 11% year-over-year,
GAAP operating profit of $50.7 million, up 8% year-over-year,
GAAP net income of $46.3 million, up 11% year-over-year.
Ubiquiti Networks, Inc., together with its subsidiaries, provides various networking products and solutions for service providers and enterprises in the United States and internationally.
Pixelworks, Inc. (NASDAQ:PXLW) enhanced of 13.56% and its Net profit margin of this company was -12.00 % while its operating profit margin was -10.00%. The organization declared financial results for the fourth quarter and fiscal year ended December 31, 2014.
Revenue for the full year 2014 totaled $60.9 million, a 26.6% increase over 2013, driven by broad demand for the Company’s chips sold into the projector market.
Pixelworks, Inc. designs, develops, and markets video and pixel processing semiconductors, software, and custom ASIC solutions for digital video applications.
Revenue for the full year 2014 totaled $60.9 million, a 26.6% increase over 2013, driven by broad demand for the Company’s chips sold into the projector market.
Shares of the Brightcove Inc(NASDAQ:BCOV) of tech sector showed a positive movement of 11.20% to end at $8.04.
The corporation declared that it has selected Chet Kapoor to its Board of Directors, effective right away. Kapoor is Managing Partner of Tenzing Global Management, which beneficially owns about 5.4% of the Company’s outstanding shares.
Brightcove Inc. provides cloud-based services for video. The company offers Brightcove Video Cloud, an online video platform that enables its customers to publish and distribute video to Internet-connected devices.
Harris Corporation(NYSE:HRS) trades in a 52-week range of $60.78 to $79.32 with shares mounted 9.63% at $76.18 in pre-market trade.
The company and Exelis, Inc. (XLS) recently declared a definitive agreement under which Harris will acquire Exelis in a cash and stock transaction valued at $23.75 per share, or an approximately $4.75 billion enterprise value.
Harris Corporation, together with its subsidiaries, operates as an international communications and information technology company worldwide.
