Markets

Sector Update: Technology

Technology shares are fairly mixed in pre-bell trading as Apple ( AAPL ) prepares to report earnings. AAPL is up 0.5% at $528.50 in pre-market trade.

In other technology earnings news, NQ Mobile ( NQ ) shares are up more than 13% in pre-market trade as the company tries to shake off controversy, including allegations that it significantly doctored its revenue figures. Macqauire, which interviewed majority owner Rong Xu, has a positive outlook for NQ's next quarterly results.

And, RCM Technologies, Inc. ( RCMT ), a provider of business and technology solutions, said its board of directors has approved a new $5 million stock repurchase program.

The purchases can be carried out over the next 12 months. Under RCM's previous buyback program, the company repurchased $7.5 million of common stock from February 2010 through January 2013.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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