Markets

Technology Sector Update for 09/25/2015: BBRY, MARK

Top Technology Stocks:

MSFT: +0.93%

AAPL: +1.21%

IBM: flat

CSCO: +1.14%

GOOG: +0.81%

Technology shares were higher before Friday's opening bell.

In technology stocks news, BlackBerry ( BBRY ), a mobile communications company, reported a wider Q2 loss than expected by analysts as revenues missed Street projections.

The company reported a Q2 adjusted loss of $66 million, or $0.13 per share, wider than the loss of $11 million, or $0.02 per share, a year ago and wider than the loss of $0.09 anticipated by analysts. Total revenues of $490 million were down from $916 million in Q2 2014 and fell short of analyst projections of $603.5 million.

Digital media company Remark Media ( MARK ) late Thursday said it has signed a purchase agreement to buy Vegas.com, an online travel booking site for the Las Vegas market. Financial terms weren't disclosed.

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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