Wall St. Analyst’s (SEBI Reg. # INH200000147) (www.wallstanalyst.com) ‘Technology Screener’ scans the markets and makes sense of the fundamentals and other factors and events that have been moving the technology sector during these volatile times. The technology-heavy index the NASDAQ Composite closed yesterday’s session 0.59% lower with over 2.24 billion shares traded. Our website’s Research Desk category saw the addition of earnings summary for Marvell Technology Group Ltd. (NASDAQ: MRVL), Oracle Corporation (NYSE: ORCL), Adobe Systems Inc. (NASDAQ: ADBE), Red Hat Inc. (NYSE: RHT) and Jabil Circuit Inc. (NYSE: JBL). Visit us for your free screener and earnings coverage at:
With the new earnings season for Q3 FY2015 starting, there are more companies from the overall S&P 500 that have issued negative EPS guidance than there are with positive EPS guidance. As global economic uncertainties continue to dominate headlines, this quarter’s earnings season will most certainly be influenced by the same factors that trended during Q2 FY15; namely, a strengthened U.S. Dollar, weaker oil prices and China economic woes with the potency to shake the global economic growth. Follow us for our earnings summary coverage as a new earnings season starts and download your free earnings research at:
Our focus today will be the technology sector as the most liquid exchange traded fund for this sector, the Technology Select Sector SPDR ETF (XLK), closed in the red at the end of yesterday’s session. WallStAnalyst.com’s coverage today looks at how the following technology sector companies performed in Q2 FY15: Marvell Technology (MRVL), Oracle (ORCL), Adobe (ADBE), Red Hat (RHT) and Jabil Circuit (JBL). See our free coverage at:
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