Today's Morning Top Gainers (RDCM, THE, JCG, NYT, FFIV, SDXC)
RADCOM Ltd. (NASDAQ: RDCM) is today’s top percentage gainer in morning trade and surged 61% today to $2.65. RADCOM Ltd. ,a leading provider of Service Assurance solutions, today unveiled its Smartphone Service Optimization solution for cellular data networks.
Harvest Energy Trust (USA) (NYSE: HTE) climbed 32.24% to $9.27 on huge volume of 13.05 million shares after the oil and gas company agreed to a $4.1-billion takeover bid from Korea National Oil Corp.
Switch & Data Facilities Company, Inc. (NASDAQ: SDXC) is also moving sharply by 29% to $18.57 on over 2.61 million shares after Switch & Data Facilities Company, Inc; Equinix, Inc. and Switch & Data have entered a definitive agreement for Equinix to acquire Switch and Data in a transaction valued at approximately $689 million in cash and stock, based on yesterday's market close.
J. Crew Group, Inc. (NYSE: JCG) soared 12% now trades at $42.19 after it raises Q3 EPS 10.8% HIGHER; guidance to $0.54 to $0.59 as compared to its previously estimated range for diluted earnings per share of $0.30 to $0.33 and its actual third quarter fiscal 2008 diluted earnings per share of $0.30. The Wall Street consensus is $0.36.
The New York Times Company (NYSE: NYT) today moved up 15.66% to $10.15 with over 3.15 million shares. The New York Times Company, in its Q309 earnings release, reported a GAAP-basis operating loss of $25.4 million in Q309 compared with $150.4 million for the third quarter of 2008. On a GAAP basis, the Company’s operating costs declined 22.4 percent in the third quarter of 2009 versus the third quarter of last year. Circulation revenue grew by 6.7 percent.
F5 Networks, Inc. (NASDAQ: FFIV) rallied 15.59% to $48.01 after it reports Q3 EPS of $0.50, cents better than the analyst estimate of $0.41. Revenue for the quarter was $175.10 million, which compares to the estimate of $163.74 million. It sees Q110 EPS non-GAAP $0.47- $0.49. Q110 revenue target of $182 to $187 million.
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