News Buzz: Seagate Technology PLC (NASDAQ:STX), Coach, Inc. (NYSE:COH), Delta Air Lines, Inc. (NYSE:DAL), Cisco Systems, Inc. (NASDAQ:CSCO), Ericsson (NASDAQ:ERIC)

Seagate Technology PLC (NASDAQ:STX) belongs to Technology sector. Its net profit margin is 13.60% and weekly performance is -1.57%. On last trading day company shares ended up $46.28. Seagate Technology PLC (NASDAQ:STX) distance from 50-day simple moving average (SMA50) is -13.74%. Seagate Technology PLC (NASDAQ:STX) announced selected preliminary financial information for its fiscal fourth quarter of 2015, which ended on July 3, 2015. Seagate expects to report revenue of approximately $2.9 billion and non-GAAP gross margin of approximately 27.0% for the fiscal fourth quarter 2015.

Coach, Inc. (NYSE:COH) shares fell -0.12% in last trading session and ended the day at $33.34. COH Gross Margin is 69.60% and its return on assets is 12.10%. Coach, Inc. (NYSE:COH) quarterly performance is -20.79%. Cowen and Company restated their hold rating on shares of Coach Inc. (NYSE:COH) in a report issued.

Delta Air Lines, Inc. (NYSE:DAL) belongs to Services sector. Its net profit margin is 2.90% and weekly performance is 7.14%. On last trading day company shares ended up $43.37. Delta Air Lines, Inc. (NYSE:DAL) distance from 50-day simple moving average (SMA50) is 0.86%. Delta Air Lines, Inc. (NYSE:DAL) has decided to offer to invest in Japan’s bankrupt Skymark Airlines in a move with the potential to fuel competition in Japan’s closed market for domestic flights, Nikkei Asian Review reported.

Cisco Systems, Inc. (NASDAQ:CSCO) shares advanced 1.87% in last trading session and ended the day at $27.79. CSCO Gross Margin is 60.30% and its return on assets is 8.50%. Cisco Systems, Inc. (NASDAQ:CSCO) quarterly performance is 0.09%. Cisco System Inc. (NASDAQ:CSCO) will host a Tech Talk with Goldman Sachs to discuss Cisco’s Internet of Things strategy, customer use cases and monetization model. Maciej Kranz, Vice President, Corporate Technology Group, will give a brief presentation and address questions during the webcast/conference call on 16 July 2015.

On 13 July, Ericsson (NASDAQ:ERIC) shares advanced 0.38% and was closed at $10.52. ERIC EPS growth in last 5 year was 25.20%. Ericsson (NASDAQ:ERIC) year to date (YTD) performance is -10.32%. Ericsson (NASDAQ:ERIC) has announced collaboration with Turkcell for the research and development of 5G in Turkey. An MoU was signed between Turkcell CEO Kaan Terzioglu and Ericsson CEO Hans Vestberg at Stockholm.

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