Top Technology Stocks:
MSFT: -0.34%
AAPL: +0.27%
IBM: flat
CSCO: flat
GOOG: -0.47%
Technology shares were mixed in pre-market trade Tuesday.
In technology stocks news, Science Applications International ( SAIC ) Tuesday reported net income of $34 million, or $0.69 per diluted share, on revenues of $977 million for Q1 ended May 2, 2014.
In the same period last year, net income was $33 million, or $0.67 per diluted share, on revenues of $1.1 billion. The improvement in net earnings followed the decrease in selling, general and administrative expenses to $22 million from $29 million last year.
Two analysts polled by Capital IQ were expecting net earnings of $0.67 per diluted share on $950 million in revenue.
And, Best Buy ( BBY ) increased its quarterly cash dividend to $0.19 per share from $0.17 per share, marking the first increase in two years.
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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.
