Pre-Market Analysis: Yingli Green Energy, International Game Tech, Fairchild Semiconductor, and ServiceNow

LONDON, June 20, 2013 /PRNewswire/ --

In a report earlier this year, research firm Gartner said that global spending on IT products and services in 2013 is expected to rise 4.1% on a Y-o-Y basis to $3.8 trillion. The research firm expects worldwide devices spending to reach $718 billion in 2013, driven by spending on smartphones. Enterprise software spending is projected to reach $297 billion this year. John Lovelock, Vice President of Research at Gartner, noted that social, mobile, cloud and information enterprises are reshaping spending patterns across the IT sector. On Wednesday, June 19, 2013, shares in technology companies ended mostly lower, tracking losses in the broader market which fell sharply after the Federal Reserve released its latest monetary policy statement. The major movers included Yingli Green Energy Holding Co. Ltd. (ADR) (NYSE: YGE), International Game Technology (NYSE: IGT), Fairchild Semiconductor International Inc. (NYSE: FCS), and ServiceNow Inc. (NYSE: NOW). All these companies are tracked by AAAResearchReports.com. Free technical research on YGE, IGT, FCS, and NOW can be downloaded upon sign up at

http://www.aaaresearchreports.com/register/  

Shares in Yingli Green Energy Holding Co. Ltd. fluctuated between gains and losses on Wednesday before finishing the day flat. The company's shares traded between $3.10 and $3.22 before closing the day at $3.15 on a total of 2.07 million shares traded which is well below the daily average volume of 6.47 million. Yingli Green Energy's shares have risen 9.76% so far this week. In the last three months, the stock has gained 35.78%, thus outperforming the S&P 500. Additionally, the stock is currently trading above its 50-day and 200-day moving averages. Sign up and read the complimentary report on YGE at:

http://www.AAAResearchReports.com/YGE062013.pdf

International Game Technology's stock moved lower yesterday, tracking losses in the broader market. The company's shares hit an intraday low of $16.93 before finishing the session 1.05% lower at $16.96. The company's shares saw a total of 2.20 million trades, which is below the daily average volume of 3.22 million. International Game Technology's shares have now fallen by 1.68% in the last three market sessions. The stock has slipped below its 50-day and 200-day moving averages as a result of losses this week. The free report on IGT can be downloaded by signing up now at:

http://www.AAAResearchReports.com/IGT062013.pdf

Shares in Fairchild Semiconductor International Inc. ended slightly lower on Wednesday, closing at $13.68, down 0.07% from its previous closing price. The company's shares traded between $13.60 and $13.82. A total of 2.11 million shares were exchanged during the day, exceeding the daily average volume of 1.18 million. Fairchild Semiconductor's shares are still up by more than 1.00% so far this week. Moreover, the stock is trading slightly below its 50-day and 200-day moving averages. A free report on FCS can be accessed by registering at:

http://www.AAAResearchReports.com/FCS062013.pdf  

ServiceNow Inc.'s stock rose sharply yesterday, extending its gains for the week. The company's shares hit an intraday high of $39.61 before finishing the day 2.71% higher at $38.69. The company's shares trading volume was at 1.61 million, slightly exceeding its daily average volume of 1.56 million. Additionally, the stock has gained 3.87% so far this week.  Register with AAA Research Reports and download research on NOW for free at:

http://www.AAAResearchReports.com/NOW062013.pdf

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SOURCE AAA Research Reports

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