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Technology stock in the news: NXP Semiconductors NV (NASDAQ:NXPI), LinkedIn Corp (NYSE …

Technology stock in the news: NXP Semiconductors NV (NASDAQ:NXPI), LinkedIn Corp (NYSE …

Shares of NXP Semiconductors NV (NASDAQ:NXPI) ended Thursday session in green amid volatile trading. The shares closed up +0.03 points or 0.04% at $81.25 with 2.74 million shares getting traded. Post opening the session at $80.50, the shares hit an intraday low of $79.56 and an intraday high of $81.32 and the price vacillated in this range throughout the day. The 52-week high of (NXPI) is $114.00 and the 52-week low is $61.61. The company has a market cap of $28.12 billion and the numbers of outstanding shares have been calculated to be 342.00 million shares.

On March 22, 2016 One million students in the UK are about to join the maker movement. NXP Semiconductors N.V. (NXPI) in partnership with the British Broadcasting Company (BBC) and a range of other organizations, announced that they will officially set the iconic program into motion and begin rolling out micro:bit devices to seventh-grade students in the UK this week.

The BBC micro:bit is a handheld, fully programmable personal coding device being manufactured and given free to every 11-12 year-old child across the UK – 1 million devices total – as part of the BBC’s “Make it Digital Initiative.” The truly exemplary BBC micro:bit program is designed to inspire digital creativity and develop a new generation of tech pioneers. It aims to challenge young people to get creative with digital design, learn how to code and develop core skills in science, technology and engineering.

Shares of LinkedIn Corp (NYSE:LNKD) ended Thursday session in red amid volatile trading. The shares closed down -1.46 points or -1.30% at $110.99 with 2.72 million shares getting traded. Post opening the session at $111.86, the shares hit an intraday low of $110.10 and an intraday high of $112.32 and the price vacillated in this range throughout the day. The 52-week high of (LNKD) is $266.53 and the 52-week low is $98.25. The company has a market cap of $14.47 billion and the numbers of outstanding shares have been calculated to be 116.51 million shares.

LinkedIn Corp (LNKD) on Feb. 04, 2016 reported results for the fourth quarter and full year 2015. The transcript with prepared remarks is contained within this press release. In addition, a supplemental presentation will be made available on the investor relations section of the LinkedIn website at http://investors.linkedin.com.

“Q4 was a strong quarter for LinkedIn, bringing to a close a successful year of growth and innovation against our long-term roadmap,” said Jeff Weiner, CEO of LinkedIn. “We enter 2016 with increased focus on core initiatives that will help drive growth and scale across our portfolio.”

During the quarter, LinkedIn made solid progress against its long-term product strategy to create value for members by connecting them to opportunity. We launched our reimagined flagship app in December, created a more streamlined experience for members to follow personalized and relevant content in the feed, and continued to scale the number of jobs on the platform to now more than six million open listings.

Shares of Ericsson (ADR) (NASDAQ:ERIC) ended Thursday session in red amid volatile trading. The shares closed down -0.09 points or -0.93% at $9.54 with 2.71 million shares getting traded. Post opening the session at $9.52, the shares hit an intraday low of $9.40 and an intraday high of $9.55 and the price vacillated in this range throughout the day. The 52-week high of (ERIC) is $13.10 and the 52-week low is $8.43. The company has a market cap of $30.80 billion and the numbers of outstanding shares have been calculated to be 2.99 billion shares.

Ericsson (ADR) (ERIC) provides network equipment and software, and services for network and business operations worldwide. Its Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transmission networks, core networks, and cloud. This segment also offers radio access solutions; IP routing and transport solutions; microwave and optical transmission solutions for mobile and fixed networks; IP multimedia subsystem solutions; a cloud platform handles workloads for various clouds; and telecom, IT, and commercial cloud services. The company Global Services segment delivers managed services, including services for designing, building, operating, and managing the day-to-day operations of the customer network or solutions; maintenance; network sharing solutions; shared solutions; and managed services of IT environments, as well as provides broadcast and media services. This segment also offers product-related services, such as services to expand, upgrade, restructure, or migrate networks; network-rollout services; customer support; and network design and optimization services.

 

Anthony Davis

Anthony Davis has been a contributor on technology for us since from day one. Anthony Davis has provided his services independently. His educational background in technology has given him a broad base of writing columns on technology.