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Tech Gainers: Sonus Networks (NASDAQ:SONS), Level 3 Communications (NYSE:LVLT), GT Advanced Technologies (NASDAQ:GTAT), 3D Systems (NYSE:DDD)
Sonus Networks Inc (NASDAQ:SONS) CFO Mark Greenquist acquired 15,000 shares of Sonus Networks Inc. (NASDAQ:SONS) stock on the open market in a transaction dated Tuesday, April 29th. The stock was purchased at an average price of $2.95 per share, for a total transaction of $44,250.00. Shares of Sonus Networks, Inc. (NASDAQ:SONS) closed at $3.27 in…
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NYSE upgrades: Under Armour Inc (NYSE:UA), Nokia Corporation (ADR) (NYSE:NOK), 3D Systems (NYSE:DDD), Xylem Inc (NYSE:XYL)
Armour Inc (NYSE:UA) was upgraded by research analysts at Janney Montgomery Scott from a “neutral” rating to an “buy” rating in a research note issued to investors on Wednesday. Shares of Under Armour Inc (NYSE:UA) closed at $48.89 in last trading session. Yesterday share price of the company was traded in the range of $47.12…
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NYSE Gainers: 3D Systems Corporation (NYSE:DDD), Sealed Air Corp (NYSE:SEE), Globus Medical Inc (NYSE:GMED), Pioneer Energy Services Corp (NYSE:PES)
3D Systems Corporation (NYSE:DDD) weakness a buying opportunity, says Brean Capital. Brean Capital would use yesterday’s weakness in 3D Systems as buying opportunity and remains encouraged by its investment thesis. The firm believes the company may raise its guidance as early as June, sees potential for gross margins expansion, and the possibility of a squeeze…
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Top Gainers: Avanir Pharmaceuticals (NASDAQ:AVNR), GT Advanced Technologies (NASDAQ:GTAT), 3D Systems Corporation (NYSE:DDD), NQ Mobile (NYSE:NQ)
Avanir Pharmaceuticals Inc (NASDAQ:AVNR) announced that the U.S. District Court for the District of Delaware has ruled in favor of Avanir in the company’s patent infringement lawsuit against Par Pharmaceuticals, Inc. and Impax Laboratories, Inc. in conjunction with their Abbreviated New Drug Applications (‘ANDAs’) for generic versions of NUEDEXTA® (dextromethorphan hydrobromide/quinidine sulfate) capsules for the…
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Mid Cap Losers: Dillard’s Inc (DDS), 3D Systems Corporation (DDD), Armstrong World Industries (AWI)
Dillard’s, Inc. (NYSE:DDS) missed on EPS by $0.31, missed on revenues. Dillard’s, Inc. (NYSE:DDS) stock traded in the range of $82.75 – $86.35 and at the end of the day, it closed at $83.60. Average trading volume of the company is $3.89M. Dillard’s, Inc. (NYSE:DDS) return on equity ratio is recorded as 18.70% and its…
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Tech Losers – Infinera Corp. (NASDAQ:INFN), 3D Systems Corporation (NYSE:DDD), YY Inc (ADR) (NASDAQ:YY), FireEye Inc (NASDAQ:FEYE)
Stock analysts at MKM Partners decreased their price objective on shares of Infinera Corp. (NASDAQ:INFN) from $14.00 to $10.00 in a report issued on Wednesday, ARN reports. The firm currently has a “buy” rating on the stock. MKM Partners’ price target would suggest a potential upside of 32.28% from the company’s current price. Infinera Corp.…
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Stocks In News – Honeywell International (NYSE:HON), Insurance Australia Group (ASX:IAG), 3D Systems (NYSE:DDD
On Friday, Insurance Australia Group Limited (ASX:IAG) agreed to Acquire Wesfarmers Ltd (ASX:WES) insurance underwriting businesses in New Zealand and Australia, for $1.66 billion, for becoming the largest insurer in Australia. Insurance Australia Group Limited (ASX:IAG) shares were suspended from trading this morning, and have risen 22% this year and closed on Dec. 13 at…
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Chinese Stocks: Qihoo 360 Technology, Baidu.com (NASDAQ:BIDU), Las Vegas Sands, Michael Kors, Sohu.com, SINA, 3D Systems, Youku Tudou, Ctrip.com International
China announced that its aims to invest 1.7 Trillion Yuan to combat air pollution in excess of the next 5 years, according to the state media, underscoring the new government’s concerns about addressing a key source of social discontent. Qihoo 360 Technology Co Ltd (NYSE:QIHU), Baidu.com, Inc. (ADR) (NASDAQ:BIDU), Las Vegas Sands Corp. (NYSE:LVS) and…
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Andreas Pouros: Microsoft Corporation (NASDAQ:MSFT) is the company to watch out for in 2013
One industry executive named Microsoft Corporation (NASDAQ:MSFT) as the company to keep an eye on in 2013, claiming that the software giant’s newly launched PC, tablet, smartphone and gaming ecosystems will provide it a competitive edge. Andreas Pouros, chief operating officer at marketing agency Greenlight, writes in Econsultancy that it will begin to use its…
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Microsoft (NASDAQ:MSFT) to charge an extra 15 percent for “user” CALs, starting on Dec. 1
Starting December 1, Microsoft Corporation (NASDAQ:MSFT) will charge an extra 15 percent for “user” CALs or Client Access License, which in a result will affect a number of enterprise customers that have begun providing workers to access company software from any device of their choosing. The CALs are linked to various integral applications broadly used…