BullTrends.com Starts Coverage On – IO, GENE, SUNE, and VZ


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Companies Mentioned

NYSE:IO / NASDAQ:GENE / NYSE:SUNE / NYSE:VZ
02/14/2014 [ACCESSWIRE]

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ION Geophysical Corporation (NYSE: IO) – For an in-depth report on ION Geophysical Corporation follow: www.BullTrends.com/stockquote/IO

Shares of ION Geophysical Corp. closed up 29.21% on Thursday with about 19.4 million shares traded. The stock was one of the biggest gainers in the NYSE after reporting fourth-quarter earnings that surpassed analysts' expectations. The company beat analysts' estimates in the fourth quarter with a profit of $19.8 million, or 12 cents a share, down from $27.2 million, or 17 cents a share, in the same period one year ago. Adjusted profit, excluding items, was 33 cents a share. Revenue also spiked 26% to $218.7 million. This well surpassed the expectations of a six-cent profit on revenue of $127 million from analysts' polled by Thomson Reuters.

Genetic Technologies Limited (NASDAQ: GENE) – For an in-depth report on Genetic Technologies Limited follow: www.BullTrends.com/stockquote/GENE

Shares of GENE closed up 39.86% on Thursday with nearly 11.2 million shares traded. Genetic Technologies was one of the leading advancers on the NASDAQ and was upgraded by Ladenburg Thalmann from neutral to buy. Earlier this week the company announced that it has received a further ExParte Re-Examination Certificate from the United States Patent and Trademark Office ("USPTO"), dated February 10, 2014 (the "Certificate"). The Certificate follows the third request for ex parte re-examination of claims 1-15, 17,18, 26-29 and 32 of the Company's U.S. Patent No. 5,612,179 (the '179 patent) by Merial L.L.C. of Duluth, Georgia, as announced by the Company on September 30, 2013.

SunEdison, Inc. (NYSE: SUNE) – For an in-depth report on SunEdison, Inc. follow: www.BullTrends.com/stockquote/SUNE

SunEdison closed up 5.47% on Thursday with 10.4 million shares traded. The stock was a big mover on the NYSE and had a significant volume advance compared to average volume. Earlier this week the company reported fourth-quarter earnings report. The firm beat analyst earnings and revenue estimates but delivered 2014 guidance below analyst forecasts, though the company did raise its outlook.

Verizon Communications Inc. (NYSE: VZ) – For an in-depth report on Verizon Communications Inc. follow: www.BullTrends.com/stockquote/VZ

Shares of Verizon Communications closed down a modest 0.13% on about 18.8 million shares traded. The company is now offering discounts of at least $10 a month for subscribers who buy their phones through the company's installment plan. The discounts announced Thursday do not fully cover the installments on high-end phones.

 

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