Traders Alert-Ericsson (ADR) (NASDAQ:ERIC), Gigamon Inc (NYSE:GIMO), Autodesk, Inc. (NASDAQ:ADSK), FireEye Inc (NASDAQ:FEYE)

Submitted By on July 26, 2014 - 05:03 PM

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Ericsson (ADR) (NASDAQ:ERIC) has been selected by Claro as the sole supplier of the operator`s LTE network in Costa Rica. Ericsson`s full LTE solution will include several core and radio access infrastructure products such as Mobility Management Entity, Home Subscriber Server, the RBS 6000 family, and microwave transmission using the LTE-proven MINI-LINK TN, as well as services and consulting for spectrum refarming, equipment roll-out, systems integration and optimization, in addition to support for field operations, maintenance and the back office.

Ericsson (ADR) (NASDAQ:ERIC) managed to keep its gain at +0.16% on below -normal volume of 1.97 M shares. The stock settled at $12.77 after floating in a range of $12.70 to $12.79. Its latest price has reached market capitalization of $43.79 billion. Its 52-week range has been $12.70 to $12.79.

For How Long ERIC will fight for Profitability? Read This Trend Analysis report

Gigamon Inc (NYSE:GIMO) released financial results for the second quarter ended June 28, 2014. Revenues for the second quarter of fiscal 2014 were $34.9 million, compared to $32.4 million in the second quarter of fiscal 2013, representing growth of 8% year-over-year.

Gigamon Inc (NYSE:GIMO) closed yesterday at $11.30, a +8.72% decrease. Around 1.97 million shares were traded, higher from an-average trading volume of 0.769 million shares. The company is now valued at around $360.43 million.

Has GIMO Found The Bottom And Ready To Gain Momentum? Find Out Here

Autodesk, Inc. (NASDAQ:ADSK)  operates as a design software and services company worldwide. Its Platform Solutions and Emerging Business segment offers AutoCAD software, a computer-aided design application for professional design, drafting, detailing, and visualization; and AutoCAD LT, a professional drafting and detailing software.

Autodesk, Inc. (NASDAQ:ADSK) settled -1.38% lower at $55.23 on above-normal volume of 1.96 M shares during the last trading day. The stock has its 12-month high at $58.68 and 52-week low price was $34.16. It traded in a range of $55.14 to $55.96 during the last trading day.

Why Should Investors Buy ADSK After the Recent Fall? Just Go Here and Find Out

FireEye Inc (NASDAQ:FEYE) provides products and services for detecting, preventing, and resolving advanced cybersecurity threats. Its products comprise threat prevention system that provides threat protection from network to endpoint for inbound and outbound network traffic.

In the last trading session, FireEye Inc (NASDAQ:FEYE) was up on low volume, trading at a volume of 1.94 M shares versus its average daily volume of 4.53 million shares. At $37.15 , the stock has attained market capitalization of $5.39 billion.

Will FEYE Continue To Move Higher? Find Out Here

Penny Stock Earnings is comprised of a team of vetted penny stock traders who’ve been trading since 2008 & have developed the skills needed to trade for consistent profits through eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word PENNYSTOCK To 555888 From Your Cell Phone.