Stocks Buzz: PMC-Sierra, (NASDAQ:PMCS), IAMGOLD Corp (USA) (NYSE:IAG), DryShips, (NASDAQ:DRYS), Office Depot, (NYSE:ODP)

Submitted By on June 12, 2014 - 01:38 PM

Birmingham, West Midlands – –June 12, 2014– (TechSonian) –PMC-Sierra, (PMCS) designs, develops, markets, and supports semiconductor solutions for communications network infrastructure worldwide. Its semiconductor devices enable networking equipment primarily in three markets: storage, optical, and mobile networks.

PMC-Sierra Inc (NASDAQ:PMCS) managed to keep its gain at 1.20% on above-average volume of 1.35M shares. The stock settled at $7.61 after floating in a range of $7.45 to $7.77. Its latest price has reached market capitalization of $1.48B.

For How Long PMCS will Fight for Profitability? Just Go Here and Find Out

IAMGOLD Corp (USA) (IAG) offered an update from ongoing exploration activities at its newly optioned Monster Lake project located 50 kilometres southwest of Chibougamau, Quebec, Canada .

IAMGOLD Corp (USA) (NYSE:IAG) traded up on an average volume of 5.40M lower than its standard daily volume. Shares have increased 3.45% to $3.90. Its floating range has been $3.78 to $3.96.

Has IAG Found The Bottom And Ready To Gain Momentum? Find Out Here

DryShips, (DRYS) a global supplier of marine transportation services for drybulk and petroleum cargoes and through its majority owned subsidiary, Ocean Rig UDW Inc. of offshore deepwater drilling services, reported that Ocean Rig has signed definitive documentation, following the previously announced contract award, for the 6 year contract for drilling operations offshore Angola for its ultra deepwater drillship the Ocean Rig Skyros, with Total E&P Angola Block 32.

DryShips Inc. (NASDAQ:DRYS) settled -0.87% higher at $3.41 on above-average volume of 5.38M shares during the last trading day. The stock has its 12-month high at $5.00 and 52-week low price was $1.65.

Why Should Investors Buy DRYS After the Recent Fall? Just Go Here and Find Out

Office Depot, (ODP) a leading worldwide supplier of office goods, services, and solutions formed by the merger of Office Depot and OfficeMax, reported that it was presented with a Gold Stevie® Award for Innovation in Customer Service in the eighth annual Stevie Awards for Sales & Customer Service.

In the last trading session, Office Depot Inc (NYSE:ODP) was up on low trading at its average daily volume of 11.87M shares. At $5.59, the stock has attained market capitalization of $2.99B.

Why Should Investors Buy ODP After The Recent Gain? Just Go Here and Find Out