Pointer Telocation Ltd. (NASDAQ:PNTR) – a leading developer, manufacturer and operator of Mobile Resource Management (MRM) and roadside assistance services for the automotive industry, announced its financial results for the first quarter of 2014. Pointer recorded net income of $1.5 million or $0.22 per share in the first quarter of 2014 compared to $0.8 million, or $0.14 per share, in the first quarter of 2013. Pointer Telocation Limited (NASDAQ:PNTR) net profit margin is 5.30% and weekly performance is 12.84%. On last trading day company shares ended up $8.79. Analysts mean target price for the company is $10.00. Pointer Telocation Limited (NASDAQ:PNTR) distance from 50-day simple moving average (SMA50) is -0.21%.
Barracuda Networks (NYSE:CUDA) SVP Michael Hughes sold 5,625 shares of the stock on the open market in a transaction that occurred on Wednesday, May 7th. The stock was sold at an average price of $24.19, for a total value of $136,068.75. Following the completion of the sale, the senior vice president now directly owns 25,000 shares in the company, valued at approximately $604,750.
Mitel Networks Corporation (NASDAQ:MITL), a global leader in business communications, announced that it has entered into an agreement with Kanata Research Park Corporation, Arsenal Holdco I, S.a.r.l., Arsenal Holdco II, S.a.r.l. and Shen Capital Corporation (collectively, the “Selling Shareholders”) and a syndicate of underwriters (the “Underwriters”), led by CIBC and Cormark Securities Inc., who have agreed to purchase 7,400,000 common shares of Mitel from the Selling Shareholders on a bought deal basis at a price of CDN$12.30 per share for sale to the public in Canada (excluding Quebec) and the United States. Mitel Networks Corporation (NASDAQ:MITL) shares moved down -5.14% in last trading session and was closed at $11.07, while trading in range of $10.75 – $11.33. Mitel Networks Corporation (NASDAQ:MITL) year to date (YTD) performance is 9.71%.
Cellular Specialties, Inc. (CSI), a division of Westell (NASDAQ:WSTL), a global leader of intelligent site management, in-building wireless, cell site optimization, and outside plant solutions, announces the ClearLink Universal DAS Interface Tray (UDIT). The UDIT joins the ClearLink suite of distributed antenna system (DAS) and small cell products to provide a comprehensive in-building wireless solution. Westell Technologies Inc. (NASDAQ:WSTL) ended the last trading day at $3.05. Company weekly volatility is calculated as 5.98% and price to cash ratio as 2.09.Westell Technologies Inc. (NASDAQ:WSTL) showed a negative weekly performance of -2.56%.
Barracuda Networks Inc. (NYSE:CUDA) shares advanced 5.39% in last trading session and ended the day on $26.77. CUDA gross Margin is 77.00% and its return on assets is -1.30%.Barracuda Networks Inc. (NYSE:CUDA) quarterly performance is -17.78%.