EdgeWater 10/28/2010 9:46:46 PM
News / Business

NASDAQ Stocks in Focus (NFLX, ACAS, ALTR)

NASDAQ Stocks in Focus

Zoran Corporation (NASDAQ:ZRAN) jumped 6.63% to $6.59 after late Monday the company surprisingly said now it expects to report a loss of 39 cents to 43 cents a share on its  December quarter  on revenue ranging from $60 million to $65 million, way below the analysts estimates of 6 cents a share on revenue of $95.2.

The stock went down more than 40% year-to-date.

American Capital Ltd. (NASDAQ:ACAS) surged 1.76% to $6.94 after it made its fresh one-year high of $7.12.

The stock opened at $6.82 and has a 52-week range of $2.31-$7.12. The stock went up more than 176% year-to-date.

Altera Corporation (NASDAQ:ALTR) jumped 2.34% to $31.04. Last week, the company reported its third-quarter net income more than trebled to $217.5 million, or 69 cents a share, from a profit of $56.7 million, or 19 cents a share, in the same quarter last year.

Analysts had expected the chip company to report earnings of 64 cents a share, on revenue of $524.8 million, according to a consensus survey by FactSet Research.

The stock went up more than 36% year-to-date. The stock made its new 52-week high of $31.20.

Article published by Wall Street Grand. Visit the Wall Street Grand Club today.

SAFE LINK

Disclaimer:

For our full disclosure please visit - http://www.wallstreetgrand.com/disclosure.html