Infinera Corp. (NASDAQ:INFN), supplier of Intelligent Transport Networks”, on Thursday launched financial outcomes for the fourth quarter and fiscal year concluded on December 28, 2013. GAAP revenues for the quarter came in $139.1 million contrast to $142.0 million in the third quarter of 2013 and $128.1 million in the fourth quarter of 2012. Infinera Corp. (NASDAQ:INFN) stock opened at $8.42 in last session, and closed at $9.11, while the day range of INFN stock is $8.10 – $9.16. The stock showed a positive weekly performance of 23.11%.
Fusion-IO, Inc. (NYSE:FIO) was upgraded by Credit Agricole from an “outperform” rating to a “buy” rating in a research note issued on Thursday. Fusion-IO, Inc. (NYSE:FIO) stock opened at $10.75, in last session and closed at $11.61, by gaining 11.74%. The 52 week range of FIO is $8.32 – $20.52. Company’s market capitalization is $1.22billion.
DragonWave (DRWI,DWI.TO) rose as much as 25% early during Wednesday’s session, with shares rising to their best levels since early October after the company was selected to provide microwave backhaul connections for Gogo Inc (NASDAQ:GOGO) as the company expands its in-flight Internet services for airline passengers. Gogo Inc (NASDAQ:GOGO) stock advanced 5.85% and finished the last session at $21.34. The EPS of the stock remained -7.27. Company’s market capitalization is $1.79billion.
Shares of Neustar Inc (NYSE:NSR) slid Thursday after an analyst cut the company’s rating and price target, saying it may possibly lose a large contract. Neustar Inc (NYSE:NSR) stock opened the session at $33.28, and closed the session at $35.11. The 52 week range of the NSR stock remained $33.19 – $57.29 and the day range was $33.19 – $37.11.
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