NYSE:MOT, NASDAQ:SYMC, NASDAQ:AKAM were Today’s Top Technology Gainers as Reported by Penny Stock Pick Alert
Motorola, Inc. (NYSE:MOT) surged 9.80% and the last traded price was $8.74 on over 84.09 million shares.
(EMAILWIRE.COM, October 30, 2009 ) Dallas, TX - Motorola, Inc. (NYSE:MOT) surged 9.80% and the last traded price was $8.74 on over 84.09 million shares after Analysts were expecting Motorola Inc. to report earnings of $0.00 for last quarter, but MOT beat expectations with actual earnings of $0.02 which was 2 cents above the consensus estimate. MOT also issued earnings guidance for next quarter that is above current analyst expectations. Motorola, Inc. is engaged in providing technologies, products and services for mobile phones. The Company’s portfolio includes wireless handsets, wireless accessories, digital entertainment devices, wireless access systems, voice and data communications systems, and enterprise mobility products.
Symantec Corporation (NASDAQ:SYMC) went up $2.01 or 12.78% to close at $17.74 on a volume of over 38.03 million shares after the company said that for its second 2010 quarter revenues were $1.47bn which were $1.52bn a year ago, while net income was $150m, compared to $126m previously. The $24m profit increase was down mostly to cost-cutting. Sales and marketing expense was $597m but is now $576m, and R&D costs were $219m andt have reduced to $210m.
Akamai Technologies, Inc. (NASDAQ:AKAM) was also the active gainer in today’s trading session and surged 13.05% to end the day at $22.79 on unusual volume of over 16.19 million shares after Akamai Technologies, Inc. announced yesterday that for fourth quarter of 2009, it expects revenue to be in the range of $217-$224 million, earnings per share to be in the range of $0.39-$0.41. For fiscal 2009, it expects revenue to be in the range of $838-$845 million and EPS to be in the range $1.60-$1.62.
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Symantec Corporation (NASDAQ:SYMC) went up $2.01 or 12.78% to close at $17.74 on a volume of over 38.03 million shares after the company said that for its second 2010 quarter revenues were $1.47bn which were $1.52bn a year ago, while net income was $150m, compared to $126m previously. The $24m profit increase was down mostly to cost-cutting. Sales and marketing expense was $597m but is now $576m, and R&D costs were $219m andt have reduced to $210m.
Akamai Technologies, Inc. (NASDAQ:AKAM) was also the active gainer in today’s trading session and surged 13.05% to end the day at $22.79 on unusual volume of over 16.19 million shares after Akamai Technologies, Inc. announced yesterday that for fourth quarter of 2009, it expects revenue to be in the range of $217-$224 million, earnings per share to be in the range of $0.39-$0.41. For fiscal 2009, it expects revenue to be in the range of $838-$845 million and EPS to be in the range $1.60-$1.62.
ABOUT www.PennyStockPickAlert.com
Penny Stock Pick Alerts by PennyStockPickAlert.com. If you are planning to invest into Stock Market then you must subscribe to Free Stock Newsletter and Alerts. We are a leading stock web site that provides free stock alerts on hot penny stocks that are poised to make big gains. We also tracks small cap penny stocks that could be on the brink of a massive breakout.
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PennyStockPickAlert.com
Robert Wilson
Tel: 214 556 6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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