Sector Update: Technology Shares Rally Pre-Market; Taiwan Semiconductor Reports December Sales up 34%

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Top Technology Stocks:

MSFT: +1.04%

AAPL: +0.56%

IBM: +0.58%

CSCO: +0.27%

GOOG: +0.44%

Technology shares are generally higher in pre-market trading today.

In technology stocks news, Park Electrochemical Corp. ( PKE ), manufacturer of integrated circuits, reported Friday Q3 diluted EPS (before special items) of $0.23, or a net income of $4.7 million, trailing the Capital IQ consensus by $0.05.

Net sales for the period totaled $39.7 million, falling short of the $44.9 million analyst estimate. PKE closed at $27.24 Thursday in a 52-week range of $22.31 - $30.18.

And, Taiwan Semiconductor ( TSM ) reports sales rose 33.7% in December to $1.65 billion over a year prior. Full year sales were up 17.8%.



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: PKE , TSM

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