ADVFN - Advanced Financial Network.
HOME» NASDAQ » V » VRSN Stock Price » VRSN Stock News

Verisign Share News

 Verisign (mm) Stock Price
VRSN Stock Price
 Verisign (mm) Stock Chart
VRSN Stock Chart
 Verisign (mm) Stock News
VRSN Stock News
 Verisign (mm) Company Information
VRSN Company Information
 Verisign (mm) Stock Trades
VRSN Stock Trades

TECH STOCKS: Techs Eke Gain As Apple Rises; TI Sinks

By Benjamin Pimentel The technology sector eked modest gains Wednesday, bouncing back from the red, as shares of Texas Instruments Inc. fell on what likely was a wave of profit-taking, analysts said. After struggling earlier in the day, the Nasdaq Composite Index (RIXF) gained 0.5% to close at 2,184. TI was in the spotlight after the Dallas-based chip giant (TXN) narrowed its earnings outlook late Tuesday, pointing to a strong fourth quarter, but some analysts said investors' expectations may have been overheated. "I think the sentiment has gone a bit too high," Wedbush analyst Patrick Wang said in a telephone interview Tuesday, noting that the stock's decline after the company's midquarter update may have been due to investors taking profits. In a note Wednesday, Wang wrote that TI management "continues to flawlessly execute on its analog/embedded strategy, driving share gains and outsized growth in today's recovering economy." Shares of TI fell 1.3% to close at $25.99. TI's downward trajectory had set the tone for the sector, but stocks recovered as the day ended. The Morgan Stanley High Tech 35 Index (MSH) rose 0.7%, while the Philadelphia Semiconductor Index (SOX) added 0.6%. There were some bright spots. Shares of Apple Inc. (AAPL) gained 4.2% after an Oppenheimer analyst said the consumer-electronics maker is ramping up production on a much-anticipated tablet. RealNetworks Inc. (RNWK) saw its shares rise more than 15% after J.P. Morgan upgraded the digital-media firm's stock to neutral from underweight, citing a better-than-expected ruling in its arbitration with VeriSign Inc. (VRSN) VeriSign was down 1.2%. Rambus Inc. (RMBS) rose more than 3% after the chip-design company reached a settlement with the European Commission in a dispute over patent royalties.

Stock News for Verisign (VRSN)
DateTimeHeadline
05/21/201516:26:14Current Report Filing (8-k)
05/20/201512:15:10What Is the S&P 500 Index?
05/15/201516:41:21Statement of Changes in Beneficial Ownership (4)
04/30/201517:23:46Statement of Changes in Beneficial Ownership (4)
04/30/201511:04:12Verisign Downgraded by Zacks to Sell (VRSN)
04/23/201516:40:52Quarterly Report (10-q)
04/23/201516:10:10Current Report Filing (8-k)
04/22/201516:49:52Statement of Changes in Beneficial Ownership (4)
04/22/201516:44:44Initial Statement of Beneficial Ownership (3)
04/16/201516:52:41Statement of Changes in Beneficial Ownership (4)
04/08/201509:17:45Additional Proxy Soliciting Materials (definitive) (defa14a)
04/08/201509:14:04Proxy Statement (definitive) (def 14a)
04/01/201516:51:14Current Report Filing (8-k)
03/30/201516:10:18Current Report Filing (8-k)
03/23/201520:08:25U.S. Firms Summon More of Their Foreign Profit Home
03/23/201508:24:15Current Report Filing (8-k)
03/12/201516:22:15Current Report Filing (8-k)
03/12/201516:09:56Current Report Filing (8-k)
03/04/201516:32:39Statement of Changes in Beneficial Ownership (4)
02/27/201518:32:52Statement of Changes in Beneficial Ownership (4)

Verisign and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad