Akamai Technologies News

NEW YORK &#8212 Shares of some top internet companies are mixed at 10 a.m.: Akamai Technologies Inc.

Web performance boosting startup Yottaa Inc. has launched its own content delivery network, or CDN, which the company says will alllow its target audience of small to midsize businesses get the benefits of a CDN like Akamai Inc., but at a much lower cost.

The technology sector is broad, and investors can find a number of ways to make money, whether it is through growth or dividends.

We present here four noteworthy buys and 12 noteworthy sells from Friday's SEC Form 4 filings, as part of our daily and weekly coverage of insider trades .

VelocityShares Daily 2x VIX Short Term ETN continued to trade higher on Thursday.

Shares of the following companies had unusual moves in U.S. trading. Stock symbols are in parentheses and prices are as of 4 p.m. in New York.

Akamai Technologies Inc. says it will bolster its web site acceleration services with the acquisition of Blaze Software Inc.

Akamai shares surged this morning after the company reportedly posted better than expected 4th quarter earnings.

However, the company's revenue came in lower than expected. Moreover, iRobot provided Q1 EPS guidance of -0c, versus the consensus estimate of 30c.

Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses and prices are as of 8:45 a.m. New York time.

Bloomberg's Pimm Fox and Deborah Kostroun report on the performance of the U.S. equity market today.

Cisco Systems Inc. and Groupon Inc. led a decline in tech stocks Thursday, offset somewhat by strong gains for shares of Akamai Technologies and a further advance for Apple Inc.

The stock last traded at $38.04, up from its previous close of $34.44. Separately, analysts at Wells Fargo & Co.

The 10-second takeaway For the quarter ended Dec. 31 , Akamai Technologies beat expectations on revenues and beat expectations on earnings per share.

Analysts at Piper Jaffray upped their price target on shares of Akamai Technologies from $26.00 to $36.00 in a research report issued to clients and investors on Thursday.

Analysts at Stifel Nicolaus upped their price target on shares of Akamai Technologies from $32.00 to $43.00 in a research report issued to clients and investors on Thursday.

The Dow Jones Industrial Average is headed toward a flat-to-lower open this morning, as Wall Street attempted to shrug off mixed reports out of Europe and China.

The just reported fourth quarter was all that and a bag of chips. Analysts were looking for adjusted earnings of $0.40 per share on $311 million in revenue.

The Cambridge, Mass. Internet technology firm's fourth-quarter earnings release , published after market close, reported $324 million of revenue in the quarter, an increase of 15 percent over the prior quarter, and 14 percent over the fourth quarter of 2010.

Akamai Technologies, Inc. , the leading cloud platform for helping enterprises provide secure, high-performing user experiences on any device, anywhere, announced today a planned transition in leadership within the Company's finance organization.A James Benson, Akamai's Senior Vice President of Finance will succeed J. Donald Sherman as Executive ... (more)