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Computer Sciences Corporation (NYSE: CSC) shares jumped 8.49 percent to close at $54.20 a share Wednesday. The stock traded between $51.33 and $54.80 on volume of 4.58 million shares traded. The company reported a net income of $159 million for the first quarter of fiscal 2014, an increase of 279 percent year-over-year. Shares of Computer Sciences have gained approximately 35.0 percent year-to-date.
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CSG Systems International, Inc. (NASDAQ: CSGS) shares spiked 5.86 percent to close at $25.13 a share Wednesday. The stock traded between $24.11 and $25.80 on volume of 504,063 shares traded. The company reported revenues of $186.1 million for the second quarter of 2013, an increase of 1 percent when compared to a year ago. Shares of CSG Systems International have gained approximately 38.0 percent year-to-date.
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Digital Generation Inc. (NASDAQ: DGIT) shares soared 26.35 percent to close at $10.31 a share Wednesday. The stock traded between $8.90 and $10.59 on volume of 6.96 million shares traded. Northland Capital upgraded the company to “outperform” after reporting better than expected results for the second quarter. Shares of Digital Generation have fallen approximately 5.5 percent year-to-date.
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Finisar Corporation (NASDAQ: FNSR) shares surged 15.42 percent to close at $22.08 a share Wednesday. The stock traded between $21.30 and $22.65 on volume of 8.06 million shares traded. The company expects revenues for the fiscal first quarter to be approximately $266 million, exceeding its previous guidance of $245 to $260 million. Shares of Finisar have gained approximately 35.0 percent year-to-date.
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