LONDON, June 20, 2013 /PRNewswire/ --
In a report earlier this year, research firm Gartner said that
global spending on IT products and services in 2013 is expected to
rise 4.1% on a Y-o-Y basis to $3.8
trillion. The research firm expects worldwide devices
spending to reach $718 billion in
2013, driven by spending on smartphones. Enterprise software
spending is projected to reach $297
billion this year. John
Lovelock, Vice President of Research at Gartner, noted that
social, mobile, cloud and information enterprises are reshaping
spending patterns across the IT sector. On Wednesday, June 19, 2013, shares in technology
companies ended mostly lower, tracking losses in the broader market
which fell sharply after the Federal Reserve released its latest
monetary policy statement. The major movers included Yingli Green
Energy Holding Co. Ltd. (ADR) (NYSE: YGE), International Game
Technology (NYSE: IGT), Fairchild Semiconductor International Inc.
(NYSE: FCS), and ServiceNow Inc. (NYSE: NOW). All these companies
are tracked by AAAResearchReports.com. Free technical research on
YGE, IGT, FCS, and NOW can be downloaded upon sign up at
http://www.aaaresearchreports.com/register/
Shares in Yingli Green Energy Holding Co. Ltd. fluctuated
between gains and losses on Wednesday before finishing the day
flat. The company's shares traded between $3.10 and $3.22 before closing the day at
$3.15 on a total of 2.07 million
shares traded which is well below the daily average volume of 6.47
million. Yingli Green Energy's shares have risen 9.76% so far this
week. In the last three months, the stock has gained 35.78%, thus
outperforming the S&P 500. Additionally, the stock is currently
trading above its 50-day and 200-day moving averages. Sign up and
read the complimentary report on YGE at:
http://www.AAAResearchReports.com/YGE062013.pdf
International Game Technology's stock moved lower yesterday,
tracking losses in the broader market. The company's shares hit an
intraday low of $16.93 before
finishing the session 1.05% lower at $16.96. The company's shares saw a total of 2.20
million trades, which is below the daily average volume of 3.22
million. International Game Technology's shares have now fallen by
1.68% in the last three market sessions. The stock has slipped
below its 50-day and 200-day moving averages as a result of losses
this week. The free report on IGT can be downloaded by signing up
now at:
http://www.AAAResearchReports.com/IGT062013.pdf
Shares in Fairchild Semiconductor International Inc. ended
slightly lower on Wednesday, closing at $13.68, down 0.07% from its previous closing
price. The company's shares traded between $13.60 and $13.82. A total of 2.11 million shares
were exchanged during the day, exceeding the daily average volume
of 1.18 million. Fairchild Semiconductor's shares are still up by
more than 1.00% so far this week. Moreover, the stock is trading
slightly below its 50-day and 200-day moving averages. A free
report on FCS can be accessed by registering at:
http://www.AAAResearchReports.com/FCS062013.pdf
ServiceNow Inc.'s stock rose sharply yesterday, extending its
gains for the week. The company's shares hit an intraday high of
$39.61 before finishing the day 2.71%
higher at $38.69. The company's
shares trading volume was at 1.61 million, slightly exceeding its
daily average volume of 1.56 million. Additionally, the stock has
gained 3.87% so far this week. Register with AAA Research
Reports and download research on NOW for free at:
http://www.AAAResearchReports.com/NOW062013.pdf
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SOURCE AAA Research Reports