5 Stocks in the News Today: NUAN, ACE, LNN, HPQ, F

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Nuance Communications Inc. (NASDAQ:NUAN): The stock is up after the news of investor Icahn buying a stake in the company. Billionaire investor Carl Icahn upped his share in the company to 9.3 percent. He currently owns 293 million shares of the company. The company stock is currently trading at $21.79, up 7.98 percent from its previous close of $20.18. The stock had opened at $21.87 and has traded in the range of $21.60 and $21.90 in the current trading session. It has traded 1.93 million shares as of now. The company’s beta is at 1.36, making it a volatile stock. Nuance Communications commands market capitalization of $6.38 billion and its Price Earnings ratio is 36.56. The stock is currently trading above its 20 days SMA and 50 days SMA of $20.91 and $20.38 respectively, showing bullish trend. Nuance Communications offers language and voice solutions. The company is based out of Burlington.

ACE Limited (NYSE:ACE): The company announced the completion of its Fianzas Monterrey acquisition. The transaction is estimated to be worth $93 million. ACE Limited bought the business from New York Life Insurance Co., which had acquired the unit in 2000. The new acquisition will help ACE Limited in boosting its product portfolio. It will also help the company in gaining foothold in personal accident insurance business. The markets have responded positively to the news as the stock created its new 52 weeks high in this session. It is currently trading 0.70 percent higher, at $89.32. The company has traded 51,242 shares in the current trading sessions so far and its stock has traded in the range of $68.98 and $89.38 in the past 52 weeks. The company stock’s beta is 0.79, while its P/E ratio stands at 11.31. It had reported its latest Earnings per Share at $7.89.

Lindsay Corporation (NYSE:LNN): the stock is down after the announcement of second quarter results. It is currently trading at $85.81, 1.57 percent lower than its previous close. It has traded in the range of $84.97 and $87.11 in the current trading session. It has traded 33,068 shares so far, in comparison to its daily average trading volume of 238,708 shares. The stock has traded in the range of $52.68 and $94.90 in the past 52 weeks. The company stock trades at Price Earnings ratio of 17.71 and its beta is at 1.41. Lindsay Corporation reported its revenue at $175.5 million, beating consensus estimate of $162.4 million. Its net income per share for the quarter stood at $1.50 per share while analysts expected it to report its EPS at $1.29 per share. The company had earned $1.00 per share in net income for the second quarter of the previous year.

Hewlett Packard Company (NYSE:HPQ): The stock tumbled after receiving rating downgrade from Goldman Sachs. Hewlett Packard now commands Sell rating. Its previous rating stood at neutral. However, the target price for the stock has been maintained at same level. It traded in the range of $21.90 and $22.48 in the current trading session and at this point is at $22.12, down 5.10 percent. The stock’s highest price point of 52 weeks stands at $25.40 while its lowest price point is at $11.35. Hewlett Packard stock is trading at beta of 1.16. The company’s dividend yield stands at 2.38 percent. The stock is currently trading below its 50 days moving average price of $22.54 and is in the neutral mode. Hewlett Packard has been downgraded on the fear that the company may have to slash its earnings guidance. The company offers computer hardware and technological solutions.

Ford Motor Co. (NYSE:F): The stock is up as Ford reported 6 percent increase in its monthly sales for March. The company also reported encouraging sales numbers for its new offerings Fusion sedan and Escape SUV. The company sold 29,000 units of Escape while Fusion sales numbers stood at 30,284. Its F Series pick-up truck reported 16 percent increase in sales to 67,513 vehicles. It is currently trading at $13.16, up 1.98 percent. It is trading in the range of $12.96 and $13.19 in the current trading session. The stock is higher than its 20 days moving average price of $13.15 and 50 days moving average price of $13.08. In the past 52 weeks, the stock’s price range has been $8.82 and $14.30. The stock’s beta is 2.26 and its Price Earnings ratio is 9.22. Ford Motor commands market capitalization of $51.54 billion.

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