Tech Stocks Inching Higher; ATMI Hits Best Price Since May 2008 After Hiring Strategic Advisor


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Top Tech Stocks

MSFT +0.47%

AAPL -0.53%

IBM +0.16%

CSCO -0.07%

GOOG -0.28%

Technology stocks are slightly higher with shares of technology companies in the S&P 500 advancing 0.2%.

In company news, ATMI Inc. ( ATMI ) today climbed to its highest level in five and a half years at $30.13 a share after the information-technology company said it is exploring strategic alternatives and has hired Barclays Capital to act as its financial advisor, confirming media reports.

ATMI makes materials used in semiconductors and flat-panel displays. It last traded at $28.85, up 5.5%.

In other sector news,

(+) FSLR, Q3 EPS of $2.28, ex items, beats by $1.44. Revenue climbs 50.8% year over year to $1.26 bln, topping consensus view by $240 mln. Raises FY13 EPS guidance by as much as $0.50 per share but lowers projected revenue by $200 mln over prior views. Sells Silver State South project.

(-) OPLK, Earns $0.21 per share in Q1, ex items, lagging Street view by $0.01. Revenue climbs 22.3% over the same quarter last year to $54.8 mln, beating consensus by $1.76 mln. Q2 earnings, revenue guidance both trail analyst expectations.

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

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