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Morning Buzz : Alcatel Lucent SA (ADR) (NYSE:ALU), LPL Financial Holdings Inc. (NASDAQ:LPLA), Rovi Corporation (NASDAQ:ROVI), Cempra, Inc. (NASDAQ:CEMP), BlackBerry Ltd (NASDAQ:BBRY)

Morning Buzz : Alcatel Lucent SA (ADR) (NYSE:ALU), LPL Financial Holdings Inc. (NASDAQ:LPLA), Rovi Corporation (NASDAQ:ROVI), Cempra, Inc. (NASDAQ:CEMP), BlackBerry Ltd (NASDAQ:BBRY)
Written by
Charles Donlon
Published on
October 23, 2014
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Alcatel Lucent SA (ADR) (NYSE:ALU) on Oct. 21 said it is launching a new ultra-broadband G.fast solution – to become available in the first quarter of 2015 – that will extend the company’s comprehensive portfolio of very high-bandwidth fixed and wireless access technologies. Alcatel Lucent SA (ADR) (NYSE:ALU) in last trading activity decreased -1.19% to close at $2.49. Company weekly performance is 2.05% while its quarterly performance stands at -34.13%. Alcatel Lucent SA (ADR) (NYSE:ALU) is -46.79% away from its 52 week high. LPL Financial Holdings (NASDAQ:LPLA) last announced its earnings results on Wednesday, July 30th. The company reported $0.61 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.61. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the previous year, the company posted $0.61 earnings per share. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. On average, analysts predict that LPL Financial Holdings Inc will post $2.51 earnings per share for the current fiscal year. On last trading day LPL Financial Holdings Inc. (NASDAQ:LPLA) decreased -6.59% to close at $40.26. Its volatility for the week is 3.22% while volatility for the month is 2.56%. LPLA's sales growth for past 5 years was 5.90% and its EPS growth for past 5 years was 30.80%. LPL Financial Holdings Inc. (NASDAQ:LPLA) monthly performance is -16.26%. Rovi Corporation (NASDAQ: ROVI) on 15 October 2014 announced that Bob Ivins has joined the company as senior vice president, business development. Mr. Ivins will be responsible for spearheading business development globally and managing strategic business opportunities for Rovi's data and analytics assets. Mr. Ivins will be based at Rovi's office in Radnor, Pennsylvania, reporting to Rovi Executive Vice President and COO John Burke. On last trading day Rovi Corporation (NASDAQ:ROVI) decreased -0.40% to close at $19.89. Its volatility for the week is 3.51% while volatility for the month is 3.35%. ROVI's sales growth for past 5 years was 10.40% and its EPS growth for past 5 years was 4.30%. Rovi Corporation (NASDAQ:ROVI) monthly performance is -3.28%. Cempra (NASDAQ:CEMP) has been given an average rating of “Buy” by the ten ratings firms that are currently covering the stock. One analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. Cempra, Inc. (NASDAQ:CEMP) has 0.70% insider ownership while its institutional ownership stands at 79.70%. In last trading activity company's stock closed at $11.88. BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) could be seen as struggling in smartphone business from the customers point of view, but the enterprise solution and loyal customers of the company have kept it going through the tough times. Taking the case study of Mercedes F1 Team it can be well explained why the company is not dead as yet. BlackBerry Ltd (NASDAQ:BBRY) in last trading activity moved down -2.56% to close at $9.89. Company weekly performance is 8.56% while its quarterly performance stands at -4.72%. BlackBerry Ltd (NASDAQ:BBRY) is -15.11% away from its 52 week high.

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