Five Star Equities Issues New Research Reports on ALOG, FEYE, FNSR and PRGS


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Companies Mentioned

NASDAQ:ALOG / NASDAQ:FEYE / NASDAQ:FNSR / NASDAQ:PRGS
03/10/2014 [ACCESSWIRE]

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Analogic Corporation (NASDAQ: ALOG) shares dropped 15.77 percent to close at $81.33 a share Friday. The stock traded between $77.03 and $88.19 on volume of 1.34 million shares traded. The company reported revenues were $141.4 million for the fourth quarter of 2013, which fell short of analysts’ estimates of $151.71 million, according to Thomson Reuters. Shares of Analogic are down approximately 8.0 percent year-to-date.

Get more information on Analogic and free access to the in-depth equity report at:  
www.FiveStarEquities.com/ALOG

FireEye Inc. (NASDAQ: FEYE) shares fell 9.50 percent to close at $81.04 a share Friday. The stock traded between $80.41 and $84.40 on volume 17.91 million shares traded. The company announced the pricing of its follow-on offering of 14.0 million shares of its common stock at a price of $82.00 a share. Shares of FireEye are up approximately 85.0 percent year-to-date.

Get more information on FireEye and free access to the in-depth equity report at:  
www.FiveStarEquities.com/FEYE

Finisar Corporation (NASDAQ: FNSR) shares gained 0.25 percent to close at $23.96 a share Friday. The stock traded between $23.01 and $24.80 on volume of 7.18 million shares traded. The company reported revenues were a record $294.0 million for the third quarter of fiscal 2014, an increase of 23.4 percent when compared to a year ago. Shares of Finisar are up approximately 65.0 percent in the past year.

Get more information on Finisar and free access to the in-depth equity report at:  
www.FiveStarEquities.com/FNSR

Progress Software Corporation (NASDAQ: PRGS) shares dropped 11.31 percent to close at $22.51 a share Friday. The stock traded between $22.39 and $23.10 on volume 1.04 million shares traded. The company announced that it now expects earnings per share to be $0.27 to $0.28 for the first quarter of fiscal 2014, down from its previous guidance of $0.29 to $0.31. Shares of Progress Software are down approximately 13.0 percent year-to-date.

Get more information on Progress Software free access to the in-depth equity report at:  
www.FiveStarEquities.com/PRGS

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Five Star Equities has no financial relationship with any company whose stock is mentioned in this release.

Contact:                  
Five Star Equities
info@fivestarequities.com

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