Friday's Biggest Gainers
Atricure (NASDAQ:ATRC - News) shares rose 6.3% Friday after the company was initiated with a buy rating at Pacific Growth Equities.
Datatrack (NASDAQ:DATA - News) shares jumped 23.3% after the company said it received contracts worth a total of $4.7 million in December.
Dollar Tree Stores Inc. (NASDAQ:DLTR - News) shares rose 4.5% after the company said its fourth-quarter sales are trending towards the upper end of its previous forecast of $1.28 billion to $1.31 billion.
Learning Tree International (NASDAQ:LTRE - News) shares climbed 9.3% after the Reston, Va.-based provider of education and training services said late Thursday it expects to report fourth-quarter income from operations of $200,000 on revenue of $38.7 million. For the fiscal year ended Sept. 29, the company forecast a loss from operations of $1.9 million on revenue of $154 million.
Network Equipment Technologies' (NYSE:NWK - News) shares added 7.7% after the Fremont, Calif.-based telecommunications equipment maker forecast fiscal third-quarter revenue of $21.6 million to $22.1 million. The company also said it now expects fiscal 2007 revenue growth of 17% to 20%, up from its previous forecast of 10%.
Protective Life Corp. (NYSE:PL - News) shares gained 4.9% after the company was upgraded to buy from neutral at UBS. The firm also lifted its price target on the stock to $57 from $53.
Saba Software Inc. (NASDAQ:SABA - News) shares moved up 11.3% after the company reported a second-quarter net loss of $1.01 million, or 4 cents a share. During the same period a year ago, the Redwood Shores, Calif.-based company posted net earnings of $131,000, or a penny a share. Pro forma earnings were $2 million, or 7 cents a share, compared with $694,000, or 4 cents a share, a year ago. Saba reported revenue of $26.2 million vs. $16.2 million. Analysts polled by Thomson First Call had forecast second-quarter earnings of 6 cents a share on revenue of $25 million. Additionally, Saba said it expects third-quarter per-share results to range from breakeven to a profit of 3 cents on revenue of $26.5 million to $27.5 million. On a pro forma basis, the company said it sees earnings of 7 cents to 10 cents a share for the quarter.
Tim Hortons (NYSE:THI - News) shares added 6.8% after the donut chain said its same-store sales rose 9.3% in the fourth quarter for restaurants located in Canada and 8.3% for U.S. locations. For December, the company said same-store sales increased 10.9% to 11% in Canada and 9.5% in the U.S.
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Datatrack (NASDAQ:DATA - News) shares jumped 23.3% after the company said it received contracts worth a total of $4.7 million in December.
Dollar Tree Stores Inc. (NASDAQ:DLTR - News) shares rose 4.5% after the company said its fourth-quarter sales are trending towards the upper end of its previous forecast of $1.28 billion to $1.31 billion.
Learning Tree International (NASDAQ:LTRE - News) shares climbed 9.3% after the Reston, Va.-based provider of education and training services said late Thursday it expects to report fourth-quarter income from operations of $200,000 on revenue of $38.7 million. For the fiscal year ended Sept. 29, the company forecast a loss from operations of $1.9 million on revenue of $154 million.
Network Equipment Technologies' (NYSE:NWK - News) shares added 7.7% after the Fremont, Calif.-based telecommunications equipment maker forecast fiscal third-quarter revenue of $21.6 million to $22.1 million. The company also said it now expects fiscal 2007 revenue growth of 17% to 20%, up from its previous forecast of 10%.
Protective Life Corp. (NYSE:PL - News) shares gained 4.9% after the company was upgraded to buy from neutral at UBS. The firm also lifted its price target on the stock to $57 from $53.
Saba Software Inc. (NASDAQ:SABA - News) shares moved up 11.3% after the company reported a second-quarter net loss of $1.01 million, or 4 cents a share. During the same period a year ago, the Redwood Shores, Calif.-based company posted net earnings of $131,000, or a penny a share. Pro forma earnings were $2 million, or 7 cents a share, compared with $694,000, or 4 cents a share, a year ago. Saba reported revenue of $26.2 million vs. $16.2 million. Analysts polled by Thomson First Call had forecast second-quarter earnings of 6 cents a share on revenue of $25 million. Additionally, Saba said it expects third-quarter per-share results to range from breakeven to a profit of 3 cents on revenue of $26.5 million to $27.5 million. On a pro forma basis, the company said it sees earnings of 7 cents to 10 cents a share for the quarter.
Tim Hortons (NYSE:THI - News) shares added 6.8% after the donut chain said its same-store sales rose 9.3% in the fourth quarter for restaurants located in Canada and 8.3% for U.S. locations. For December, the company said same-store sales increased 10.9% to 11% in Canada and 9.5% in the U.S.
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posted by Stock Administrator @ 1:07 AM
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