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

By Staff,

Shutterstock photo

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, ( 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'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 Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
Referenced Stocks: MEI , CRM , PHG

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