Friday, May 25, 2012

Friday’s top gaining and declining stocks

Friday’s top gaining and declining stocksOrlando, FL 5/25/12 (StreetBeat) – Here are some of the biggest gaining and declining stocks this Friday:

Gainers

Shares of Frontline Ltd. (NYSE: FRO +10.64%) rose 8.3%. The firm posted better than expected results early Friday and gave an optimistic outlook for the future.

Infoblox Inc. (NYSE: BLOX +2.26%) shares rose 7.8% on Friday.The firm recently reported fiscal third-quarter results and said it expects a gross margin of 76% in its fourth quarter.

Decliners

Rosetta Genomics Ltd. (Nasdaq: ROSG -6.16%) fell 12%. The company said early Friday that it is selling 570,755 shares of stock to investors at a 29% discount. The firm said it’s raising the cash to help fund operations.

Verifone Systems Inc. (NYSE: PAY -11.53%) shares shed 8.3% on Friday. Late Thursday the company said that its fiscal second-quarter profit fell 43% and said that it expected earnings in the future a bit below Wall Street analyst expectations.

Please contact www.thestreetbeat.com for interest in our latest investor relations platform the “CEO Interview Series” with its host Steve Kanaval. The package includes a one-on-one interview with a seasoned industry professional; published segment to our web site with embedded audio/video file; and a compressed file that can be easily e-mailed out to your current and/or potential investors. Please e-mail bflautt@gmail.com or call (662) 392-0740 for pricing and scheduling.

StreetBeat Disclaimer

Distributed by Viestly

No comments:

Post a Comment