EdgeWater 10/27/2010 9:49:06 PM
News / Business

Tech Stocks to Watch (AT&T Inc., YHOO, MOT)

Tech Stocks to Watch

AT&T Inc. (NYSE:T) slid 0.18% to $28.31. Third-quarter revenue rose to $429 million from $389 million, mostly in line with the market's expectations. Its quarterly profit rose to $59 million from $28 million a year earlier. Earnings per share, excluding intangible asset amortization but including stock option expenses, was 16 cents compared to the market's forecast of 14 cents, according to Thomson Reuters.

The 52-week range of the stock is $23.78-$29.43. Over the past three months of trading sessions, the stock went up more than over 9%.

Yahoo! Inc. (NASDAQ:YHOO) jumped 0.34% to $16.45. Last week, the company said its third-quarter net income rose to $396.1 million, or 29 cents a share, from $186.1 million, or 13 cents a share in the same period last year.

Analysts polled by FactSet Research had expected Yahoo to report third-quarter earnings of 15 cents a share, and $1.13 billion in net revenue.

The stock opened at $16.21 and was trading within the range of $16.20-$16.48.

Motorola, Inc. (NYSE:MOT) went down 0.88% to $7.86. Motorola, Inc. provides technologies, products and services for mobile phones. Its portfolio includes wireless handsets, wireless accessories, digital entertainment devices, set-top boxes and video distribution systems, analog and digital two-way radios, wireless and wireline broadband network products, and end-to-end enterprise mobility products.

The stock went up more than 1% year-to-date.

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