Barrons Reports Gap Shares Could Rise 20%; RadNet Soars after Posting a Smaller Loss than Expected


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Companies Mentioned

NYSE:GPS / NASDAQ:UBNT / NASDAQ:SYMC / NASDAQ:RDNT
05/12/2014 [ACCESSWIRE]

The Gap, Inc. (NYSE: GPS) - For an in-depth report on The Gap, Inc. follow: www.BullTrends.com/stockquote/GPS

Shares of The Gap closed up 3.26% on nearly 10.4 million shares traded. The stock was one of the most active stocks on the NYSE. The company forecast of Q1 EPS came in above consensus estimates and according to Barron's reports, shares could rise 20%.

Ubiquiti Networks, Inc. (NASDAQ: UBNT) - For an in-depth report on Ubiquiti Networks, Inc. follow: www.BullTrends.com/stockquote/UBNT

UBNT shares closed down about 24% on about 10 million shares traded. The stock was one of the biggest decliners on the NASDAQ this past Friday. The company earned 50 cents a share in fiscal Q3, up 108% from a year earlier. Revenue for the company rose 78% to $148.3 million, boosted by international sales, the company said. Analysts had expected EPS of 49 cents on revenue of $142 million. For the current quarter Ubiquiti Networks is forecasting revenue of $150M and EPS of 50 cents while analysts polled by Thomson Reuters had expected revenue of $151.8 million.

Symantec Corporation (NASDAQ: SYMC) - For an in-depth report on Symantec Corporation follow: www.BullTrends.com/stockquote/SYMC

Shares of Symantec Corporation closed up 3.28% on about 12.3 million shares traded on Friday. The company issued a revenue forecast that topped projections. Symantec reported that sales in the fiscal first quarter will be $1.65 billion to $1.69 billion, while analysts on average are predicting revenue of $1.64 billion for the period that ends in June, according to data compiled by Bloomberg.

RadNet, Inc. (NASDAQ: RDNT) - For an in-depth report on RadNet, Inc. follow:  www.BullTrends.com/stockquote/RDNT

Shares of RDNT closed up 21.80% on about 4.6 million shares traded. The stock was one of the biggest gainers on the NASDAQ and one of the most active this past Friday. Shares hit a new yearly high of $6.74 during intra-day trading. The company reported revenue of $168.9 million for the first quarter, which came in less than the $173.5 million Wall Street analysts had projected. Fortunately the company reported a loss of only $0.03 per share, which came in ahead of the $0.06 loss per share Wall Street had expected.

 

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