Top Technology Stocks:
Technology shares are higher in pre-bell trading. Shares in
) are up 16% pre-bell after a unit of Baidu Holdings agreed to buy
a 59% stake in Renren's Nuomi Holdings unit for $160 million in
The acquisition is expected to close in Q4. Baidu, a Chinese
language internet search company, is up 0.11% pre-market.
And, RetailMeNot (
) shares are up 2% at $30.50 as it reports net revenues of $43.4
million and earnings loss of $0.68 per share, improved over the
$0.81 per share loss a year prior. Analysts estimates were not
Finally, Aruba Networks (
) reports Q4 revs of $153.1 million, versus the analyst consensus
of $149 million on Capital IQ. EPS was $0.12, vs. expectations of
$0.11 per share. ARUN is up 4% pre-market.
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