Lakeway, NY -- (SBWIRE) -- 03/19/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Avago Technologies Ltd (NASDAQ:AVGO) shares decreased 2.06% and closed at $35.26. The company, on Mar. 18, introduced four new sets of Atlas Optical Engine 12-channel parallel optics transmitter and receiver modules, the 12.5G and 14G MiniPOD™ modules and the 12.5G and 14G MicroPOD™ modules. These devices are designed to maximize the delivery of 12x12.5Gbps and 12x14Gbps embedded optical solutions targeting high density backplane and midplane applications for next-generation Ethernet, Optical Transport Networking (OTN), Infiniband and high-speed interconnects.
Is AVGO a Still a Buy after the Solid momentum? Let’s Find out Here
Fusion-IO, Inc.(NYSE:FIO) shares decreased 2.01% and closed at $17.04. The company, on Mar. 18, said that it acquired ID7, a UK-based storage technology company specializing in the development of storage software solutions across all types of interfaces including iSCSI, Fibre Channel and InfiniBand. Also, the ID7 engineering team is the primary developer of the SCST storage subsystem.
Is FIO a Strong Buying Opportunity After The Recent Slump? Find out Here
Alcatel Lucent SA (ADR)(NYSE:ALU) shares decreased 2% to $1.47. The company last month announced that its Board of Directors has approved the appointment of Mr. Michel Combes as the Company’s new Chief Executive Officer, effective April 1, 2013.
Additionally, Sequans Communications S.A. (NYSE:SQNS) announced last month that it has successfully completed interoperability testing of Alcatel-Lucent's LTE infrastructure equipment with Sequans' eMBMS-capable LTE chipsets.
Should ALU Buy After The Recent Movement? Let’s Find out Here
Pandora Media Inc (NYSE:P) shares declined 1.99% to $13.82. The company, on Mar. 7, reported fourth-quarter net loss of $14.6 million or $0.09 per share, wider than $8.2 million $0.05 per share in the comparable quarter last year. Non-GAAP net loss for the quarter widened to $7.7 million or $0.04 per share from $4.7 million or $0.03 per share last year. Analysts expected the company to report a loss of $0.05 per share for the quarter. Revenues for the quarter rose to $125.09 million from $81.33 million in the prior year quarter, while analysts had consensus revenue estimate of $122.81 million for the quarter.
Should P Buy After The Recent Movement? Let’s Find out Here
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