Warren Buffet Bets on Verizon Communications; Autodesk Inc. Beats on Q1 Results

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05/19/2014 [ACCESSWIRE]

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

Shares of Verizon Communications Inc. closed up 2.31% on nearly 29.4 million shares traded. The stock was one of the most active stocks on the NYSE. The stock climbed higher after it was revealed that Warren Buffett’s Berkshire Hathaway Inc. has bought 11 million shares of Verizon Wireless stock in the first quarter.

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

Shares of Autodesk Inc. closed up 8.05% on nearly 8 million shares traded. The stock was one of the biggest gainers on the NASDAQ. The move came after the company exceeded earnings and revenue estimates in its first quarter. Over the three months to April, the company earned 32 cents a share on $592.5 million in sales. Analysts surveyed by Thomson Reuters forecast 21 cents a share in net income and $568.58 million in revenue. 

Just Energy Group Inc. (NYSE: JE) - For an in-depth report on Just Energy Group Inc. follow: www.BullTrends.com/stockquote/JE

Just Energy Group closed down 16.62% on about 3.6 million shares traded on Friday. The stock was one of the biggest decliners on the NYSE. The company recently announced results for its fiscal 2014 fourth quarter and year end. Record customer gross additions of 1,431,000, increased 2% from fiscal 2013.

Hyperdynamics Corporation (NYSE: HDY) - For an in-depth report on Hyperdynamics Corporation follow:  www.BullTrends.com/stockquote/HDY

Shares of Hyperdynamics Corporation closed up 16.67% on nearly 6 million shares traded. The stock was one of the biggest gainers on the NYSE. The company settled litigation in London involving AGR Well Management. AGR had provided project management services for Hyperdynamics' subsidiary, SCS Corporation, in connection with the drilling of the Sabu #1 well offshore Guinea in 2011-2012.


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