Top Technology Stocks:
Technology shares are generally lower in pre-bell trading.
In technology earnings news, Molex (
) reported Q1 earnings of $0.46 per share, versus the Capital IQ
consensus of $0.37. Revenues were $936.4 million, versus the
analyst estimate of $915.3 million.
In the same period last year, the company reported EPS of $0.40
on revenues of $916.92 million.
The company said it has scheduled its annual meeting of
stockholders on Nov. 15, 2013. Stockholders will be voting on the
company's agreement and plan of merger with Koch Industries, Inc.
which, if completed, will result in MOLX stockholders receiving
$38.50 per share in cash.
And, Motorola Solutions (
) reports Q3 non-GAAP EPS of $1.32, vs. the analyst consensus of
$1.02 per share on Capital IQ. Sales were $2.1 bln, vs.
expectations of $2.12 bln.
For the full year 2013, the company expects revenue to be about
flat vs. full year 2012 and sees EPS at $4.63 to $4.70. The Street
view is $8.7 bln in revenue and earnings of $4.39 per share.
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