Sunday, November 14, 2010

Nasdaq 3 Most Active Stocks (NWSA, FNSR And PWER)

News Corporation (NASDAQ:NWSA) shares are currently trading at $14.41, a drop of 0.93% from previous closing price of $14.54. The company's shares have 52-week trading range of $17.00 – $11.11. The stock is trading at volume of 4.97 million shares. The market capitalization of the company is $26.26 billion. The daily average volume of stock is 17.23 million. The 1-year target estimate is $18.00. Recently, the company announced the appointment of Joel Klein as Executive Vice President, Office of the Chairman. He will report to Chairman and Chief Executive Officer Rupert Murdoch and will join News Corporation's Board of Directors. Finisar Corporation (NASDAQ: FNSR) shares are currently trading at $19.45, an increase of 8.48% from previous closing price of $17.93.  The shares are trading at a volume of 5.22 million. The 52-week trading range for the stock is $21.44 – $7.65. The daily average volume of the stock is 3.33 million shares. The market capitalization of the company is $1.48 billion. The 1-year target estimate is $19.50. Yesterday the company announced preliminary results with expected revenues in the range of $240 to $241 million for its second fiscal quarter ended October 31, 2010. The company's previously communicated revenue guidance for the quarter was $215 to $230 million. The company expects non-GAAP gross margin to be approximately 35.5% and non-GAAP operating margin to be approximately 16.5% to 17.0%, exceeding the previously communicated operating margin guidance of 14% to 15%. The non-GAAP earnings per share are expected to be in the range of $0.41 to $0.43 for the quarter. Power-One, Inc. (NASDAQ: PWER) shares dropped by 4.36% to $8.55 from the previous close of $8.94.  The stock is trading at market volume of 5.42 million shares. The 52-week trading range for the stock is $13.04 – $3.02. The daily average volume of the stock is 7.21 million shares. The market capitalization of the company is $908.83 million. The 1-year target estimate is $17.00. Recently, the company announced the appointment of Dr. Richard Swanson to its board of directors, effective October 29, 2010. Dr. Swanson was the founder and former President and CTO at SunPower Corporation and currently holds the position of President Emeritus at the company. 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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