Wednesday, November 3, 2010

Notable NASDAQ Stocks (SONS, DELL, GOOG)

Sonus Networks, Inc. (NASDAQ:SONS) slumped 17.19% to $2.65. Third-quarter net loss was $22.3 million, or 8 cents a share, compared with net profit of $311,000, or breakeven a share, a year ago. Analysts polled by Thomson Reuters were expecting the company to break even and revenue of $58.2 million. The stock went up more than 24% year-to-date. Dell Inc. (NASDAQ:DELL) added 0.80% to $14.48. Yesterday, the company announced that it has agreed to acquire Software-as-a-Service Boomi to help businesses reap the full value of cloud computing. The terms of the transaction were not disclosed. The 52-week range of the stock is $11.34-$17.52. The stock went down more than 2% year-to-date. At today`s closing market price, the market capitalization of the company stands at $28.16 billion. Google Inc. (NASDAQ:GOOG) went up 0.74% to $620.18. Yesterday, the company announced that on October 7, 2010, federal district court Judge James Ware preliminarily approved a class action settlement related to the launch of Google Buzz last February. The settlement resolves a lawsuit filed by Gmail users who alleged that Buzz's launch violated their privacy. At today`s closing market price, the market capitalization of the company stands at $197.66 billion. 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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