Tech Sector New Highs: Microsoft Corporation (NASDAQ:MSFT), Corning Incorporated (NYSE:GLW), EMC Corporation (NYSE:EMC), Hewlett-Packard Company (NYSE:HPQ)

Microsoft Corp. (NASDAQ:MSFT)‘s stock had its “sell” rating restated by analysts at Goldman Sachs in a research report issued to clients and investors on Monday, ARN reports. Microsoft Corporation (NASDAQ:MSFT) shares after opening at $40.66 moved to $40.99 on last trade day and at the end of the day closed at $40.34. Company price to sales ratio in past twelve months was calculated as 4.03 and price to cash ratio as 4.01. Microsoft Corporation (NASDAQ:MSFT) showed a positive weekly performance of 2.00%.

Corning (NYSE:GLW) was upgraded by investment analysts at Susquehanna to a “positive” rating in a note issued to investors on Wednesday, American Banking News.com reports. Corning Incorporated (NYSE:GLW) shares advanced 2.29% in last trading session and ended the day on $20.06. GLW return on equity ratio is recorded as 9.20% and its return on assets is 6.90%. Corning Incorporated (NYSE:GLW) yearly performance is 58.08%.

EMC Corporation (NYSE:EMC) on Mar 25, 2014 announced a series of senior executive appointments in support of the EMC Information Infrastructure business. EMC Information Infrastructure is one of the three businesses along with VMware and Pivotal under the EMC Corporation federated business model. EMC Corporation (NYSE:EMC) shares moved up 1.00% in last trading session and was closed at $28.18, while trading in range of $27.97-$28.24. EMC Corporation (NYSE:EMC) year to date performance is 12.50%.

Hewlett-Packard Co.’s (NYSE: HPQ) CEO Meg Whitman committed a boo-boo at last week’s annual meeting. Answering a shareholder question, Whitman said that HP would be entering the 3D printing business in June. Stocks of companies already in the 3D printing business promptly sagged. Hewlett-Packard Company (NYSE:HPQ) weekly performance is 6.54%. On last trading day company shares ended up $32.56. Hewlett-Packard Company (NYSE:HPQ) distance from 50-day simple moving average is 10.61%. Analysts mean target price for the company is $32.44.

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