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Technology Sector Update for 04/12/2019: INFY, CAMP, SABR, MSFT, AAPL, IBM, CSCO, GOOG


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Top Technology Stocks:

MSFT: +0.57%

AAPL: +0.54%

IBM: +0.34%

CSCO: +0.63%

GOOG: +0.46%

Tech giants were trading higher pre-bell Friday.

Stocks moving on news include:

(-) Infosys ( INFY ), which was down more than 3% as i t report ed fiscal Q4 2019 adjusted earnings of $0.13 per share, flat with $0.13 in the same period a year ago and in line with the estimate of $0.13 from analysts polled by Capital IQ.

In other sector news:

(=) CalAmp ( CAMP ), which is being sued by Omega Patents for alleged patent infringement, said the US Court of Appeals for the Federal Circuit has remanded the case for a new trial. CalAmp was unchanged after the news.

(+) Sabre ( SABR ) was marginally higher after it signed a new content distribution agreement with Firefly, a subsidiary of Malaysia Airlines.

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) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.





This article appears in: Technology , Commodities
Referenced Symbols: INFY , CAMP , SABR , MSFT , AAPL




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