Dallas,TX 1/13/2010 2:32:02 AM
News / Business

Top Tech Stocks Gainers are ELX, QLGC, INFY

Tech Stocks

 

 

Emulex Corporation (NYSE:ELX) surges 13.38% to $12.63 on 4.18 million shares. The stock hit an intraday high and an intraday low of $12.77 and $12.05 respectively. In the last six months the stock went up over 41%. Emulex Corporation is a provider of a range of storage networking infrastructure solutions that connect servers, storage and networks within the data center.

 

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QLogic Corporation (NASDAQ:QLGC) is up 10.90% to $20.96 on 2.79 million shares. The stock hit an intraday high and an intraday low of $21.28 and $19.93 respectively. In the last six months the stock went up over 59%. QLogic Corporation is a designer and supplier of storage networking, server networking, data networking and converged networking infrastructure solutions. The Company’s solutions are sold primarily to original equipment manufacturers and distributors.

 

Infosys Technologies Limited (ADR) (NASDAQ:INFY) increases 6.31% to $58.29 on 1.73 million shares after the company announced that under International Financial Reporting Standards, the Company expects consolidated revenues to be in the range of $1,240-$1,250 million; year on year growth of 10.6% to 11.5% and consolidated earnings per American Depositary Share to be $0.56; year on year growth nil for the quarter ending March 31, 2010. The Company expects consolidated revenues to be in the range of $4.75-$4.76 billion; year on year growth of 1.8%-2.0% and consolidated earnings per American Depositary Share is expected to be $ 2.26; year on year growth of 0.4% for the fiscal year ending March 31, 2010.

 

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