Sector Update: Technology Shares Mixed Pre-Market; Methode Electronics up 5%

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Top Technology Stocks:

MSFT: -0.43%

AAPL: +0.01%

IBM: -0.07%

CSCO: flat

GOOG: +0.42%

Technology shares were mixed in pre-market trade Thursday.

In technology stocks news, Methode Electronics ( MEI ) was up 4.8% in the pre-market session after it reported mixed financial results for Q4, or the quarter ended May 3, 2014, and also provided mixed guidance for fiscal 2015.

And, Salesforce.com ( CRM ), provider of enterprise cloud computing solutions, and medical equipment maker Royal Philips ( PHG ) are collaborating on the development of an open, cloud-based healthcare platform that uses Philips' medical technology and salesforce.com's enterprise cloud computing capabilities.

PHG American Depositary Receipts were steady in pre-market trading after closing at $30.68 on Wednesday.

CRM was also inactive in pre-market trading. It was slightly down at $57.33 apiece in Wednesday's after-hours session.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

Referenced Stocks: MEI , CRM , PHG

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