Top Tech Stocks
Technology stocks are moderately higher with shares of
technology companies in the S&P 500 climbing 0.4%.
In company news, Fab Universal (
) is up nearly 25% at $6.31 a share, climbing as high as $6.61
today following upbeat remarks about the maker of digital
entertainment products by Quantum Fund co-founder Jim Rogers in
this weekend's Barron's.
Rogers is a FU director, telling the magazine he's become more
bullish on the company following recent efforts by the Chinese
government to better enforce intellectual property rights.
FU offers copyright-protected audio and video products,
including a licensing segment allowing consumers download
In other sector news,
(+) PRFT, Acquires CoreMatrix Systems, a consulting firm
specializing in cloud computing services and solutions, for $21.5
million, plus $10 million in contingency fees subject to certain
(-) CTL, Connects its first customer with its dedicated
100-gigabit per second data-networking circuit.
Copyright (C) 2013 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.