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

By: MT Newswires
Posted: 10/31/2013 8:52:00 AM
Referenced Stocks: NCIT

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.