The Canadian stock market traded in the green Thursday morning. Nearly every sector rose, with the exception of the gold index.
Oil prices were climbed late morning, pursuant to the sharp sell-off in the earlier session. The price of a barrel of oil dropped down by nearly 9 percent on Wednesday, on renewed concerns of oversupply. Supply accumulation concerns resurfaced after an official weekly oil report from the Energy Information Administration demonstrated crude stockpiles in the U.S. to have surged more than predictable last week.
During Thursday’s Morning Trade In Canadian Stock Exchange, The Capped Information Technology Index was inclined 0.67 percent. BlackBerry (BB.TO) climbed 0.97 percent and Descartes Systems Group (DSG.TO) gained 0.68 percent. Sierra Wireless (SW.TO) declined by 4.54 percent.
On the other hand, in U.S. stock market, QuickLogic, (QUIK), Teradata, (TDC), FEI Company, (FEIC), Gartner, (IT), Atmel, (ATML), were among those technology shares that ended their trading session showing negative response. Details are as under:
QuickLogic Corporation, (NASDAQ:QUIK), traded in a 52-week range of $2.06 to $5.67, hitting new 52-week low of $2.06, with shares demolished -25.26% at $2.19 in pre-market trade, as a fabless semiconductor company, declared the financial results for its fourth quarter and fiscal year ended December 28, 2014. Total proceed for the fourth quarter of 2014 was $5.7 million, representing an raise of 39% contrast to $4.1 million in the third quarter of 2014. New product proceed for the fourth quarter of 2014 was $3.7 million, an raise of 68% contrast to $2.2 million in the third quarter of 2014. Total proceed for 2014 was up 7% at $27.8 million, contrast with total proceed of $26 million in 2013. In 2014, new product proceed was up 6% at $19.3 million, contrast with new product proceed of $18.2 million in 2013.
QuickLogic Corporation, (NASDAQ:QUIK), held a conference call on February 4, 2015, and talked about its current financial results.
QuickLogic Corporation, (NASDAQ:QUIK), is the leading provider of ultra-low power, customizable Sensor Hub, Display, and Connectivity semiconductor solutions for smartphone, tablet, wearable, and mobile enterprise OEMs.
Teradata Corporation (NYSE:TDC), declined -10.20% and settled at $42.19, following the news that a leading portfolio of big data analytic solutions, stated proceed of $761 million for the quarter ended December 31, 2014, as compared to $769 million in the fourth quarter of 2013. Fourth quarter proceed reduced 1 percent when contrast to the preceding year period, but raised 3 percent when contrast in constant currency. For the full-year 2014, proceed was $2.732 billion, a 1 percent raise from $2.692 billion in 2013. In constant currency, full-year proceed raised 3 percent. Currency created a headwind of 4 percent for the fourth quarter proceed comparison, and 2 percent for the full-year comparison.
Teradata Corporation (NYSE:TDC), offers a leading portfolio of big data analytic solutions, integrated marketing applications, and services that assist organizations gain a sustainable competitive advantage with data.
Shares of FEI Company, (NASDAQ:FEIC), diminished nearly -7.48% to $79.89, soon after the company stated results for the fourth quarter of 2014. Fourth quarter proceed of $265.3 million was in line with the fourth quarter of 2013 and up 16% from $227.8 million for the third quarter of 2014. Movements in foreign exchange rates negatively influenced proceed for the fourth quarter by $9.6 million, as contrast with third quarter of 2014 rates.
FEI Company, (NASDAQ:FEIC), designs, manufactures and supports a broad range of high-performance microscopy workflow solutions that offer images and answers at the micro-, nano- and picometer scales. Its innovation and leadership enable customers in industry and science to raise productivity and make breakthrough discoveries.
Gartner Inc. (NYSE:IT), showed a negative movement of -7.37% to end at $79.05, following the news that the leading provider of research and analysis on the global information technology industry, recently stated results for fourth quarter and full year 2014 and offered its preliminary financial outlook for full year 2015. For fourth quarter 2014, total proceed was $584.0 million, an raise of 12% over fourth quarter 2013 and 15% not including the foreign exchange influence. Fourth quarter 2014 net revenue was $59.1 million, a decrease of 4% over fourth quarter 2013 due to attainment-related charges and a higher effective tax rate. Normalized EBITDA was $121.7 million for fourth quarter 2014, an raise of 15%, while Diluted Earnings Per Share was $0.66 in fourth quarter 2014 contrast to $0.65 in fourth quarter 2013. Diluted Earnings Per Share Not including Attainment Adjustments was $0.72 in fourth quarter 2014 contrast to $0.66 in fourth quarter 2013. (See “Non-GAAP Financial Measures” below for a talk aboution of Normalized EBITDA and Diluted Earnings Per Share Not including Attainment Adjustments).
Gartner Inc. (NYSE:IT), conducted a conference call on Thursday, February 5, 2015 to talk about the Company’s financial results.
Gartner Inc. (NYSE:IT), is the world’s leading information technology research and advisory company. We deliver the technology-related insight necessary for our clients to make the right decisions, every day. From CIOs and senior IT leaders in corporations and government agencies, to business leaders in high-tech and telecom enterprises and professional services firms, to technology investors, we are the valuable partner to clients in 9,958 distinct enterprises.
Atmel Corporation (NASDAQ:ATML), traded in a 52-week range of $6.32 to $9.76 with shares dropped -6.90% at $7.82 in pre-market trade, soon after a global leader in microcontroller and touch solutions, recently declared it will present at the following investor conferences: On February 10, Steve Skaggs, Senior Vice President and Chief Financial Officer, will present at the Goldman Sachs Technology & Internet Conference at the Palace Hotel in San Francisco at 11 a.m. Pacific Time.
Atmel Corporation (NASDAQ:ATML), is a worldwide leader in the design and manufacture of microcontrollers, capacitive touch solutions, advanced logic, mixed-signal, nonvolatile memory and radio frequency (RF) components.
