Tech Top Gainers In Focus- LifeLock, Inc. (NYSE:LOCK), VimpelCom Ltd. (NASDAQ:VIP), Telefonica Brasil S.A. (NYSE:VIV)

Streetwisereport.com  30.07.2015

 

VimpelCom Ltd. shares inched up 15.79% to resolve at USD 5.94 on July 29, following opening the session at USD 5.06. The return on equity was -6.90% with a 52-week price range of USD 5.06-USD 6.00. The firm’s debt to equity ratio was 17.90%.

 

LifeLock, Inc. (NYSE:LOCK) plunged more than 7.71% in afterhours trading session on Wednesday after it reported its second-quarter net income of $520,000, following reporting a loss in the same period a year earlier. The Tempe, Arizona-based firm stated it had net income of 1 cent per share. Earnings, adjusted for stock option expense and amortization costs, were 10 cents per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share. The identity theft protection firm posted income of $145 million in the period. For the current quarter ending in September, LifeLock expects its per-share earnings to range from 25 cents to 26 cents. Shares of LifeLock, Inc. (NYSE:LOCK) has price volatility of 9.84% in last 5 days trading session, as shares of firm closed at $8.57 by shows upbeat performance moving up of 11.15% in last session. Shares price moving down from its 20 days moving average with -37.81% and isolated negatively from 50 days moving average with -43.50%. Watch out for the force behind LifeLock, Inc. bullish run in this report? Get Your Free Report Here VimpelCom Ltd. (NASDAQ:VIP) and CK Hutchison Holding Ltd. together reported that they are close to combining their wireless businesses in Italy to create the country’s leading mobile-phone firm by consumers, according to people familiar with the matter. Over two months following saying they’re negotiating an equal joint venture, the companies are putting final touches on a accord, with an announcement possible in the next week at the earliest, stated the people, asking not to be identified because the talks are private. The owners are discussing a possible capital raise of 2 billion euros ($2.2 billion) for the enlarged entity, two of the people stated. Bringing in a private-equity investor is also an option, one person stated. No final contract has been reached and a transaction could still fall apart. Other issues to be finalized include possible asset sales and the treatment of debt, the people stated. VimpelCom is planned to release earnings Aug. 6. The news led stock of VimpelCom Ltd. (NASDAQ:VIP) as the shares build up 15.79% to resolve at $5.94 in last trading action following opening the session at $5.06. The return on equity was -6.90% with 52 week price range of 5.06 – 6.00. The firm’s Debt to equity ratio was 17.90%. Can VimpelCom Ltd. become the newest Buy stock following this news? Get Your Free Report Here Telefonica Brasil S.A. (NYSE:VIV) moved up on Wednesday after Brazil’s currency, the real, surged on Wednesday following five sessions of losses as a recovery in Chinese stocks supported appetite for emerging markets in general, while shares of phone firm Telefonica Brasil boosted the Brazilian bourse. The real strengthened 1.1 percent, leading gains amid Latin American currencies, as China managed to stabilize its stock market, providing some relief to emerging markets in general. Analysts warned that Latin American currencies remain vulnerable to more volatility in the near term as the U.S. Federal Reserve readies to raise interest rates, reducing liquidity in the region. Shares of Telefonica Brasil S.A. (NYSE:VIV) shows upbeat performance increased 8.56% to finished at $13.32 in previous trading session. The corporation has return on equity of 11.00% and while returns on assets was calculated 6.90% with -25.33% year to date performance. The yearly sales growth for the past five year was 17.20%. How Telefonica Brasil S.A. dominated Wall Street through eye catching trend?

 

http://www.streetwisereport.com/tech-top-gainers-in-focus-lifelock-inc-nyselock-vimpelcom-ltd-nasdaqvip-telefonica-brasil-s-a-nyseviv/123142/

 

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