Technology Sector Equities Coverage -- Flextronics Intl., Take-Two Interactive Software, Rovi Corp., and Net Element
NEW YORK, July 21, 2016 /PRNewswire/ --
As innovations continue to drive the Tech sector forward, many new players are fast emerging, resulting to some stiff competition. And given the high demand for related products, operators are now even more strategic when it comes to their offerings and operations. Take a closer look at this morning's lineup on Stock-Callers.com: Flextronics International Ltd (NASDAQ: FLEX), Take-Two Interactive Software Inc. (NASDAQ: TTWO), Rovi Corp. (NASDAQ: ROVI), and Net Element Inc. (NASDAQ: NETE). Receive our complimentary notes on the aforementioned equities by visiting the link below:
http://stock-callers.com/registration
Flextronics Intl.
On Wednesday, shares in Singapore-based Flextronics International Ltd recorded a trading volume of 8.45 million shares, which was above their three months average volume of 4.66 million shares. The stock ended the day at $13.25, climbing 2.55%. The Company's shares have gained 2.08% in the last one month, 8.52% over the previous three months, and 18.20% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.12% and 15.31%, respectively. Furthermore, shares of Flextronics International, which provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers worldwide, have a Relative Strength Index (RSI) of 66.36.
On July 12th, 2016, Flex announced a partnership with MAS Holdings, a technology apparel design-to-delivery solutions provider, to develop revolutionary new wearable technologies that accelerate and integrate the Intelligence of Things into clothing and enable more natural, intuitive interactions between people and technology. FLEX complete notes is just a click away at:
http://stock-callers.com/registration/?symbol=FLEX
Take-Two Interactive Software
New York headquartered Take-Two Interactive Software Inc.'s stock finished yesterday's session 1.48% higher at $40.52, and with a total volume of 865,587 shares traded. The Company's shares have gained 7.25% in the last one month, 10.23% over the previous three months, and 16.30% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.56% and 14.55%, respectively. Furthermore, shares of Take-Two Interactive Software, which develops, publishes, and markets interactive entertainment solutions for consumers worldwide, have an RSI of 61.47.
On June 24th, 2016, Take-Two Interactive Software, 2K and Firaxis Games announced a partnership with GlassLab Inc., a nonprofit learning company, to bring a modified version of Sid Meier's Civilization V to high schools in North America in the fall of 2017. Sid Meier's Civilization V has sold-in more than 8 million units worldwide, was one of the most critically acclaimed PC games of 2010, and earned numerous awards and accolades. CivilizationEDU will provide students with the opportunity to think critically and create historical events, consider and evaluate the geographical ramifications of their economic and technological decisions, and to engage in systems thinking and experiment with the causal/correlative relationships between military, technology, political and socioeconomic development. The complimentary notes on TTWO can be accessed at:
http://stock-callers.com/registration/?symbol=TTWO
Rovi Corp.
At the closing bell on Wednesday, shares in San Carlos, California headquartered Rovi Corp. rose 2.80%, ending the day at $18.01. The stock recorded a trading volume of 795,614 shares. The Company's shares have advanced 2.39% in the last one month, 0.61% over the previous three months, and 8.10% since the start of this year. The stock is trading 8.96% and 12.56% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Rovi, which provides solutions for the discovery and personalization of digital entertainment to service providers and consumer electronics industry worldwide, have an RSI of 66.24.
On July 11th, 2016, Rovi Corporation and TiVo Inc. announced that the Federal Trade Commission and the Antitrust Division of the Department of Justice granted early termination for the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act relating to the proposed acquisition of TiVo by Rovi, announced on April 29th, 2016 for $10.70 per share in cash and stock for total consideration of approximately $1.1 billion. Both Rovi and TiVo continue to expect the transaction to close in the third quarter of calendar year 2016. Sign up for your complimentary notes on ROVI at:
http://stock-callers.com/registration/?symbol=ROVI
Net Element
North Miami Beach, Florida headquartered Net Element Inc.'s stock ended the day 4.31% higher at $2.18 and with a total volume of 237,256 shares traded. The Company's shares have gained 5.31% in the last month, 531.88% over the previous three months, and 1,059.57% on an YTD basis. The stock is trading 31.02% above its 50-day moving average and 277.58% above its 200-day moving average. Additionally, shares of Net Element, which operates as a technology provider with an integrated mobile and transactional services platform serving emerging market clients, have an RSI of 65.70.
Under notes filed with the Security Exchange Commission on July 12th, 2016, Net Element has entered into a common stock purchase agreement with ESOUSA HOLDINGS, LLC, a New York limited liability company, under which ESOUSA is committed to purchase up to an aggregate of $10 million of shares of the Company's common stock over the 30-month term of the Purchase Agreement, subject to terms and conditions. Get free access to your notes on NETE at: http://stock-callers.com/registration/?symbol=NETE
--
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Share this article