In tech earnings this morning, VOD (-2.3%) slightly missed 1H13 ests and guided to the upper half of its prior range. Also, XRX (+1.7%) guided inline and raised its buyback and dividend. In news, the head of MSFT's (-3.2%) Windows division left the company. FB's (-1.4%) lockup of 1.2 bln shares expires tomorrow. Among rumors, there is chatter of GOOG (-0.3%) for PAY (-2.3%) making the rounds. In notable analyst upgrades this morning in the tech space, SSYS (+1.1%) was upgraded to Overweight at Piper Jaffray, FFIV (+1.8%) was upgraded to Buy at Goldman, and FIO (+3.2%) was upgraded to Buy at Craig Hallum. Among downgrades, SCOR (-2.4%) was downgraded to Underperform at Raymond James. CSCO (-0.5%) is the notable name in tech scheduled to report quarterly results today after the close.






