Technology

Technology Sector Update for 02/13/2017: FDC

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Top Technology Stocks:

MSFT: +0.3%

AAPL: +1.0%

IBM: +0.5%

CSCO: +0.4%

GOOG: +0.3%

Technology shares were mainly higher in early trade on Monday.

In technology stocks news, First Data ( FDC ) reported Monday Q4 adjusted net profit of $365 million, up from $271 million in the prior year period. On a per share basis, net income for the quarter was $0.39 per share. Capital IQ provided a Street estimate of $0.36 per share.

Shares in the company were 3.5% higher at $16.38 in early trade. The stock has traded between $8.82 and $16.49 over the past 52 weeks.

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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