Morning Research: Tellabs Inc., QUALCOMM Inc., Alcatel-Lucent, and Sonus Networks Inc.
Morning Research: Tellabs Inc., QUALCOMM Inc., Alcatel-Lucent, and Sonus Networks Inc. Editor Note: For more information about this release, please scroll to bottom PR Newswire LONDON, November 15, 2013 LONDON, November 15, 2013 /PRNewswire/ -- On Thursday, November 14, 2013, all three benchmark indexes of the US equity market edged higher with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite rising 0.48%, 0.35%, and 0.18%, respectively. Shares in the communication equipment industry mostly ended on a higher note, as the broader market posted gains. The major movers in the industry included Tellabs Inc. (NASDAQ: TLAB), QUALCOMM Inc. (NASDAQ: QCOM), Alcatel-Lucent (NYSE: ALU), and Sonus Networks Inc. (NASDAQ: SONS). AAAResearchReports.com has released full comprehensive research on TLAB, QCOM, ALU, and SONS. These free technical analyses can be downloaded by signing up at: http://www.aaaresearchreports.com/register/ Tellabs Inc.'s stock fluctuated between $2.43 and $2.45 before ending Thursday's session 0.21% higher at $2.44. A total of 7.35 million shares were traded, which is above the daily average volume of 5.11 million. The company's shares have gained 5.17% in the last one month and 3.39% in the previous three months, compared to a gain of 4.71% and 6.24% in the S&P 500 during the respective periods. Furthermore, Tellabs Inc.'s stock is trading above its 50-day and 200-day moving averages of $2.37 and $2.19, respectively. Download free report on TLAB upon registration at: http://www.AAAResearchReports.com/TLAB111513.pdf Shares in QUALCOMM Inc. advanced on Thursday, hitting a new 52-week high of $71.48. The company's shares closed the day at $71.22, up 1.70% from the previous day's price of $70.03. A total of 14.68 million shares were traded, which is above the daily average volume of 10.36 million. The company's shares have gained 5.32% in the previous three trading sessions and 6.36% in the last three months, outperforming the S&P 500, which has advanced 1.06% and 6.24% during the respective periods. Moreover, QUALCOMM Inc.'s stock is trading above its 50-day and 200-day moving averages of $68.34 and $65.51, respectively. QCOM technical report can be accessed for free by signing up at: http://www.AAAResearchReports.com/QCOM111513.pdf On Thursday, Alcatel-Lucent's stock advanced to close the day at $4.17, up 2.46% from the previous day's closing price of $4.07. The company's shares vacillated between $4.08 and $4.20 during the trading session. A total of 20.40 million shares were traded, which is below the daily average volume of 22.93 million. The company's shares have surged 9.74% in the last one month and 52.19% in the previous three months, outperforming the S&P 500, which has advanced 4.71% and 6.24% during the respective periods. Additionally, Alcatel-Lucent's stock is trading near its 52-week high of $4.26 and above its 50-day and 200-day moving averages of $3.62 and $2.24, respectively. The free report on ALU can be downloaded by signing up now at: http://www.AAAResearchReports.com/ALU111513.pdf Shares in Sonus Networks Inc. closed the day 0.33% lower at $2.99, after trading between $2.97 and $3.02. A total of 1.09 million shares were traded, which is below the daily average volume of 1.57 million. The company's shares have declined by 13.08% in the last one month, underperforming the S&P 500, which has gained 4.71% during the same period. However, Sonus Networks Inc.'s stock is trading above its 200-day moving average of $2.97. A free report on SONS can be accessed by registering at: http://www.AAAResearchReports.com/SONS111513.pdf ---- EDITOR NOTES: 1. This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com. 5. For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com. 6. Are you a public company? 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