Top Technology Stocks:
MSFT: +0.61%
AAPL: +0.50%
IBM: +0.14%
CSCO: +0.70%
GOOG: +0.50%
Technology stocks were inching higher pre-market Thursday.
Stocks moving on news include:
(+) Ciena ( CIEN ), which was up more than 8% as the network strategy and technology company posted fiscal Q4 adjusted earnings of $0.53 per share, up from $0.32 in the same period a year ago and exceeding the estimate of $0.48 from analysts polled by CapIQ.
In other sector news:
(+) The US International Trade Commission has agreed to review a ruling that a ban on imports of some Apple ( AAPL ) iPhones into the US was not in the public interest. The trade body will also examine judge's finding that Apple infringed one of three Qualcomm ( QCOM ) patents in the case, according to media reports. Both companies were recently trading higher.
(=) Quarterhill ( QTRH ) was unchanged after its Wi-LAN unit said its wholly owned subsidiary, Collabo Innovations, has granted a non-exclusive license for OmniVision's CMOS image sensor products. OmniVision payment to Collabo and all other terms of the agreement are confidential, Wi-LAN added.