Hot List: Dr. Reddy’s Laboratories Limited (NYSE:RDY), Ericsson (NASDAQ:ERIC), Technip (ADR) (OTCMKTS:TKPPY), Kaman Corporation (NYSE:KAMN)

Dr Reddys Laboratories Ltd has informed BSE regarding a Press Release dated April 16, 2014 titled “Dr. Reddy”s announces the Launch of Eszopiclone Tablets C-IV”. Dr Reddy’s Laboratories has launched Eszopiclone Tablets (C-IV) 1 mg, 2 mg and 3 mg, a therapeutic equivalent generic version of LUNESTA tablets C-IV in the US market on April 15, 2014, following the approval by the USFDA. Dr. Reddy’s Laboratories Limited (ADR) (NYSE:RDY) shares after opening at $42.11 moved to $42.60 on last trade day and at the end of the day closed at $42.15. Company price to sales ratio in past twelve months was calculated as 3.32 and price to cash ratio as 13.93. Dr. Reddy’s Laboratories Limited (ADR) (NYSE:RDY) showed a negative weekly performance of -4.16%.

Ericsson (ADR) (NASDAQ:ERIC) announced that its strategy head, who completed five years in the company, has resigned and is due to exit it in August. Ericsson (ADR) (NASDAQ:ERIC) shares advanced 1.34% in last trading session and ended the day on $12.86. ERIC return on equity ratio is recorded as -0.60% and its return on assets is -0.30%. Ericsson (ADR) (NASDAQ:ERIC) yearly performance is 12.71%.

Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded a contract comprising detailed engineering, procurement and construction (EPC) for the core process units of Cargill’s new ethanol production plant located in Barby, Germany. The production units will be built on a green field site alongside Cargill’s existing wheat processing facility. Technip (ADR) (OTCMKTS:TKPPY) shares moved up 1.96% in last trading session and was closed at $26.46, while trading in range of $26.19-$26.48.

One stock that might be an intriguing choice for investors right now is Kaman Corporation (NYSE:KAMN). This is because this security in the General and Industrial Machinery space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.Kaman Corporation (NYSE:KAMN) weekly performance is -0.54%. On last trading day company shares ended up $40.46. Kaman Corporation (NYSE:KAMN) distance from 50-day simple moving average is 1.03%. Analysts mean target price for the company is $45.00.