Friday, November 26, 2010

Nasdaq 3 Most Active Stocks (NOVL, BRCD and ORCL)

Novell, Inc. (NASDAQ:NOVL) shares are currently trading at $5.94, a gain of 0.17% from previous closing price of $5.93. The company's shares have 52-week trading range of $6.53 – $3.84. The stock is trading at volume of 1.30 million shares. Recently, the company announced its agreement to be acquired by Attachmate Corporation for $6.10 per share in cash in a transaction valued at approximately $2.2 billion. The company is currently under investigation by number of firms concerning the sale to Attachmate Corp. The investigation is focused on the potential unfairness of the deal price to Novell shareholders. Brocade Communications Systems, Inc. (NASDAQ:BRCD) shares are currently trading at $5.05, a 0.98% drop from previous closing price of $5.10.  The shares are trading at a volume of 1.92 million. The 52-week trading range for the stock is $8.05 – $4.64. Recently, the company reported fourth quarter and full fiscal year results, with quarterly revenues of $550 million, an all-time record of 9% increase quarter-over-quarter, resulting in diluted earnings per share (EPS) of $0.05 on a GAAP basis and $0.14 on a non-GAAP basis. Oracle Corporation (NASDAQ:ORCL) shares are currently trading at $27.49, a drop of 0.9% from previous closing price of $27.74. The company's shares have 52-week trading range of $29.82 – $21.24. The stock is trading at volume of 2.72 million shares. Recently, the company was awarded $1.3 billion in damages due to SAP allegedly stealing a stockpile of software and customer-support documents from password-protected Oracle websites. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
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