The majority of technology index components—more than 63 percent—are trading down more than 10 percent from yearly highs.» Read More
Check out which companies are making headlines after the bell Wednesday:
American companies aspire European region to boost its profit in 2013 after years of weakness.
Some of the names on the move ahead of the open.
Oracle said it is preparing an update to address a flaw in its widely used Java software after the U.S. Department of Homeland Security urged computer users to disable the program.
Take a look at Friday's midday movers:
These companies are making headlines after the bell Wednesday:
There are 38 companies in the S&P 500 index that have not moved more than 2 percent positive or negative year-to-date.
NEW YORK-- Shares of Citrix Systems Inc. dropped more than 5 percent on Thursday as the business software maker's fiscal third-quarter revenue came in below Wall Street's expectations. The company forecast fourth-quarter adjusted earnings of 83 to 85 cents per share on revenue of $700 million to $710 million.
Check out which companies are making headlines after the bell Wednesday.
NEW YORK, Oct 24- The euro fell on Wednesday on signs that the euro zone is heading for a deeper recession than previously feared, but global shares were little changed after Tuesday's steep fall.
NEW YORK, Oct 24- The euro slipped against the dollar and yen on Wednesday on signs of further decline in the economy of regional powerhouse Germany, but global shares rebounded slightly after Tuesday's hefty fall. Boeing Co reported stronger-than-expected earnings and raised its full-year 2012 outlook, supporting the Dow.
*Boeing climbs after earnings, outlook. NEW YORK, Oct 24- U.S. stock edged higher on Wednesday after data from China and Boeing provided temporary relief to a slumping market, following a retreat Tuesday when the Dow Jones industrial average suffered its biggest drop in four months.
*Boeing climbs after earnings, outlook. NEW YORK, Oct 24- U.S. stock index futures advanced on Wednesday and pointed to a higher open, after data from China and Boeing provided temporary relief to a slumping market, and following declines Tuesday when the Dow suffered its biggest drop in four months.
The startup Bromium is taking a completely new approach to security software, using virtualization technology. But will it shake up the $60 billion market?
Oct 11- Citrix Systems Inc:. *Susquehanna raises Citrix Systems Inc price target to $98 from $90;. Reuters Station users, click. 1568.
Oct 8- Polycom, which competes with Cisco in videoconferencing, hopes to move ahead of the pack with its new cloud-based product in a market it says will be worth $12 billion by 2015..
The S&P 500 rose for a fourth session after a report suggested improvement in the labor market ahead of Friday's closely watched monthly payrolls report. The Nasdaq Composite Index gained 6.10 points, or 0.19 percent, to 3,141.40. **COLLABRX INC, $6.80, up 79.4 pct.
U.S. stocks rose for a fourth session on Thursday following encouraging comments by European Central Bank President Mario Draghi on tools to tackle the region's debt crisis and in support of the euro. **COLLABRX INC, $6.9, up 83.3 pct.
U.S. stocks rose at the open after labor market data came in within expectations and following encouraging comments by European Central Bank President Mario Draghi on tools to tackle the region's debt crisis. **NUVASIVE INC, $14.9, down 34 pct.
U.S. stock index futures added to gains after European Central Bank President Mario Draghi said growth risks are on the downside and should be contained by effective policymaker action. Brokerages Canaccord Genuity, Robert W. Baird& Co, Mizuho Securities USA, BMO Capital Markets and ThinkEquity Llc cut their price targets on the stock.