Dallas,TX 2/6/2010 12:25:48 AM
News / Business

Tech. Stocks Mixed (MOT, CSCO, AAPL, GOOG, MSFT, YHOO, IBM)

Tech. Stocks

 

After yesterday’s significant fall, today the US markets have opened flat on the news that a slight dip in the monthly unemployment rate.

Motorola, Inc. (NYSE:MOT) rose 1.30% to $6.40 on high volume. In the last five trading sessions the stock is up over 4%. Motorola (MOT:NYSE) upgraded at Barclays to Overweight from Equal Weight as visibility is improving in EMS segment and for Andriod shipments. $9 price target. 2010 EPS estimate held at 21 cents, 2011 introduced at 38 cents.

 

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Cisco Systems, Inc. (NASDAQ:CSCO) surged 1% to $23.36. This week the company reported a s stronger than expected results.

 

Apple Inc. (NASDAQ:AAPL) gained marginally to $192.60.

 

Google Inc. (NASDAQ:GOOG) and Yahoo! Inc. (NASDAQ:YHOO) also rose marginally.

 

However, shares of few largest technology companies are down

 

Microsoft Corporation (NASDAQ:MSFT) fell 0.50% to $27.72.

 

International Business Machines Corp. (NYSE:IBM) declined 0.60% to $122.40.

 

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