Markets

Sector Update: Technology Shares Lower Pre-Market

Top Technology Stocks:

MSFT: -0.02%

AAPL: -0.13%

IBM: -0.04%

CSCO: -0.16%

GOOG: -0.15%

Technology shares were generally lower in pre-market trade Wednesday.

In technology stocks news, JinkoSolar Holding Company ( JKS ) says it will supply 40 MW of solar PV modules to 8i S.A. for a solar power project in Chile. 8i will be the owner, project developer and EPC for this project.

Delivery of the solar PV modules will begin in Q4. The 40 MW project will be located in the Valparaiso region of Puchuncavi, an industry zone of Chile. Upon completion in July 2015, the project will act as an ecological example to the region by reducing emissions by around 37,700 Tons of CO2 annually.

And, Astro-Med ( ALOT ) on Wednesday reported stronger net income in its latest quarter as the maker of high-tech printing systems posted record sales, boosting its top line growth and further penetrating international markets.

For the three months ending August 2, 2014, Astro-Med had net income of $1.4 million or $0.18 per diluted share, compared with $696,000 or $0.09 per share for the same period a year earlier.

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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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