Mid Cap Gainers: SYNNEX Corporation (NYSE:SNX), Aruba Networks (NASDAQ:ARUN), Eldorado Gold Corp (USA) (NYSE:EGO), New Gold (NYSEMKT:NGD)

SYNNEX Corp. (NYSE:SNX) updated its second quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $1.34-1.38 for the period, compared to the Thomson Reuters consensus estimate of $1.13, American Banking & Market News reports. The company issued revenue guidance of $3.1-3.2 billion, compared to the consensus revenue estimate of $2.94 billion. SYNNEX Corporation (NYSE:SNX) shares after opening at $75.50 moved to $79.44 on last trade day and at the end of the day closed at $76.94. Company price to sales ratio in past twelve months was calculated as 0.26 and price to cash ratio as 18.52. SYNNEX Corporation (NYSE:SNX) showed a positive weekly performance of 31.07%.

Northland Securities assumed coverage on shares of Aruba Networks (NASDAQ:ARUN) in a report released on Thursday,TheFlyOnTheWall.com reports. The firm issued an outperform rating on the stock.Aruba Networks, Inc. (NASDAQ:ARUN) shares advanced 4.26% in last trading session and ended the day on $19.59. ARUN return on equity ratio is recorded as -12.60% and its return on assets is -8.00%. Aruba Networks, Inc. (NASDAQ:ARUN) yearly performance is -13.74%.

Canaccord Genuity upgraded Eldorado Gold Corp (NYSE: EGO) from Hold to Buy with a price target of C$8.50. Analyst Tony Lesiakbelieves its risk/reward profile has become favorable. Eldorado Gold Corp (USA) (NYSE:EGO) shares moved up 3.11% in last trading session and was closed at $5.96, while trading in range of $5.96-$6.15. Eldorado Gold Corp (USA) (NYSE:EGO) year to date performance is 4.93%.

New Gold Inc. (USA) (NYSEMKT:NGD) announces that it will host its Annual General and Special Meeting of Shareholders on Wednesday, April 30, 2014. New Gold has filed its 2013 management’s discussion and analysis of financial condition (MD&A), 2013 audited financial statements, and management information circular, and these documents are also available on the company’s website at www.newgold.com. New Gold Inc. (USA) (NYSEMKT:NGD) weekly performance is 2.95%. On last trading day company shares ended up $5.23. New Gold Inc. (USA) (NYSEMKT:NGD) distance from 50-day simple moving average is -10.04%. Analysts mean target price for the company is $6.97.

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