Sector Update: Technology Shares Mixed Pre-Bell; Catamaran up 3% on Q3 Earnings Beat

By Staff,

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Top Technology Stocks:

MSFT: +0.06%

AAPL: +0.03%

IBM: -0.08%

CSCO: flat

GOOG: -0.07%

Technology shares are mixed in pre-market trade today.

Among the technology stocks noting news, Catamaran (CTRX, CCT.TO) is up 3.16% at $51.30 in the pre-market session after it reported Q3 EPS of $0.52, ex one-time items, beating the Capital IQ consensus estimate of $0.48. Revenues of $3.61 billion missed the consensus of $3.71 billion.

The company now projects FY13 EPS of $1.96 - $1.99, up from the prior guidance range of $1.87 - $1.92.

And, NCI ( NCIT ) was awarded a $7.9 million Headquarters Marine Corps Information Technology Functional Services and Support contract to provide IT support to more than 2,500 users worldwide. The contract includes a base year plus four option years.

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: NCIT

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