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Top Stories : Altera Corp. (NASDAQ:ALTR), Extreme Networks Inc. (NASDAQ:EXTR), RLJ Lodging Trust (NYSE:RLJ), Jones Energy, Inc. (NYSE:JONE), Northern Dynasty Minerals Ltd. (NYSEMKT:NAK)

Top Stories : Altera Corp. (NASDAQ:ALTR), Extreme Networks Inc. (NASDAQ:EXTR), RLJ Lodging Trust (NYSE:RLJ), Jones Energy, Inc. (NYSE:JONE), Northern Dynasty Minerals Ltd. (NYSEMKT:NAK)
Written by
Charles Donlon
Published on
October 20, 2014
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TheStreet lowered shares of Altera Corp. (NASDAQ:ALTR)from a buy rating to a hold rating in a research note released on Wednesday. Altera Corp. (NASDAQ:ALTR) in last trading activity moved up 2.65% to close at $32.52. Company weekly performance is 4.20% while its quarterly performance stands at -7.59%. Altera Corp. (NASDAQ:ALTR) is -13.58% away from its 52 week high. Extreme Networks, Inc (NASDAQ:EXTR) revised its forward guidance lower which is being seen as a huge negative. The company reported that it now expects revenues of $134-$135.5 million compared to earlier guidance of $149 – $154 million. The company now expects the earnings per share in the first quarter between losses of $0.02 to breakeven prior to an earlier guidance of a profit of $0.06 to $0.08 On last trading day Extreme Networks Inc. (NASDAQ:EXTR) moved up 0.16% to close at $3.07. Its volatility for the week is 9.50% while volatility for the month is 5.96%. EXTR's sales growth for past 5 years was 9.10% and its EPS growth for past 5 years was 5.49%. Extreme Networks Inc. (NASDAQ:EXTR) monthly performance is -37.83%. RLJ Lodging Trust (NYSE: RLJ) reported it has reopened its Residence Inn Atlanta Midtown/Georgia Tech located in Atlanta, GA. The Hotel was closed for a comprehensive renovation which included adding 12 rooms and upgrading all the guestrooms and public spaces. The company purchased a mortgage loan collateralized by the hotel for approximately USD5.0 million in November 2009. On last trading day RLJ Lodging Trust (NYSE:RLJ) moved up 0.37% to close at $29.70. Its volatility for the week is 2.87% while volatility for the month is 2.16%. RLJ's sales growth for past 5 years was 12.00% and its EPS growth for past 5 years was 37.10%. RLJ Lodging Trust (NYSE:RLJ) monthly performance is 1.37%. Jones Energy, Inc. (NYSE:JONE) (“Jones Energy” or “the Company”) today announced that it plans to release its third quarter financial and operational results on Wednesday, November 5, 2014 after the market closes. In connection with the earnings release, Jones Energy will host a conference call for investors and analysts to discuss its results for the quarter on Thursday, November 6, 2014 at 10:30 a.m. ET (9:30 a.m. CT). Jones Energy, Inc. (NYSE:JONE) has 0.20% insider ownership while its institutional ownership stands at 80.30%. In last trading activity company's stock closed at $12.40. Northern Dynasty Minerals Ltd. (USA) (NYSEMKT:NAK) recently announced that US federal court granted it a motion to dismiss the case that was filed by Pebble Limited Partnership and Alaska Peninsula Corporation. Both the organizations challenged U.S. Environmental Protection Agency statutory authority against its decision of imposing developmental restrictions on Pebble Project. On Friday shares of Northern Dynasty Minerals Ltd. (NYSEMKT:NAK) closed at $0.43.

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