Notable Analyst Upgrades: Workday (NYSE:WDAY), China Petroleum & Chemical (NYSE:SNP), Teekay (NYSE:TK), Cara Therapeutics (NASDAQ:CARA), J.C. Penney Company, Inc. (NYSE:JCP)

Shares of Workday (NYSE:WDAY), which provides cloud-based applications for financial management and human resources, have advanced 15% to a record high of $116.47 Thursday after the company reported better-than-expected revenue a day earlier. WDAY said that Q4 revenue rose 74% in the latest quarter to $141.9 million, beating Street estimates of $138 million. In addition,…

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Esterline Technologies (NYSE:ESL) Beats Top and Bottom Lines; Bio-Rad Laboratories (NYSE:BIO), Einstein Noah Restaurant Group (NASDAQ:BAGL)

Esterline Technologies (NYSE:ESL) is edging higher in late trading after the company reported better-than-expected financial results for Q1, or the quarter ended Jan. 31, 2013, and provided in line guidance for fiscal 2014. Shares are up 0.09% at $110.00 with a 52-week range of $62.61 – $109.96. The company, which designs, manufactures and markets engineered…

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Tessera (NASDAQ:TSRA) Climbs After Boosting Q1 Guidance, Pocketing $196M Settlement

Technology stocks still were adding to their day-long advance, with shares of technology companies in the S&P 500 gaining 0.7% Thursday. In company news, Tessera Technologies (NASDAQ:TSRA) is up more than 8% this afternoon after the maker of miniaturization technologies said it will receive $196 million after reaching a settlement with Powertech Technology Co. Ltd….

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