Markets
TEF

Technology Sector Update for 01/23/2015: TEF, PLCM

Top Technology Stocks:

MSFT: +0.64%

AAPL: +0.15%

IBM: -0.37%

CSCO: -0.25%

GOOG: +0.39%

Technology shares were mixed into the opening bell Thursday.

In top technology stocks news, Telefonica SA ( TEF ) said it has entered exclusive negotiations with Hutchison Whampoa for the potential sale of its mobile provider O2 U.K. for GBP10.25 billion ($15.4 billion).

TEF was higher 1.1% in recent pre-market trade, in the lower half of the 52-week range between $13.27 and $17.51.

And, Polycom ( PLCM ) late Thursday reported Q4 adjusted EPS of $0.24 on revenue of $348.9 million, both ahead of the analyst consensus of $0.23 per share in earnings on revenue of $347.6 million, according to Capital IQ.

PLCM trades in a 52-week range of $10.33 to $14.06 with shares up 1.4% at $12.71 in pre-market trade.

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.


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

In This Story

TEF

Other Topics

Commodities

Latest Markets Videos