Mix Sector Stocks News: Sonus Networks, Inc. (NASDAQ:SONS), Bank of America Corporation (NYSE:BAC), Regency Centers (NYSE:REG), Newtek Business Services (NASDAQ:NEWT), Renasant (NASDAQ:RNST)

Stock analysts at Wedbush began coverage on shares of Sonus Networks (NASDAQ:SONS) in a report issued on Tuesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $4.25 price target on the stock. Wedbush’s price objective would indicate a potential upside of 10.68% from the stock’s previous close. Sonus Networks, Inc. (NASDAQ:SONS) belongs to Technology sector. Its net profit margin is -4.90% and weekly … Continue reading Mix Sector Stocks News: Sonus Networks, Inc. (NASDAQ:SONS), Bank of America Corporation (NYSE:BAC), Regency Centers (NYSE:REG), Newtek Business Services (NASDAQ:NEWT), Renasant (NASDAQ:RNST)

Kevin Long12/11

Investors Are Watching: Dot Hill Systems (NASDAQ:HILL), Rackspace (NYSE:RAX), Newtek Business Services (NASDAQ:NEWT), Range Resources (NYSE:RRC), The Blackstone (NYSE:BX)

Dot Hill Systems Corp. (NASDAQ:HILL) issued an update on its third quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.01-0.06 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.04, StockRatingsNetwork.com reports. The company issued revenue guidance of $50-58 million, compared to the consensus revenue estimate of $54.43 million.Dot Hill Systems Corp. also updated its FY14 … Continue reading Investors Are Watching: Dot Hill Systems (NASDAQ:HILL), Rackspace (NYSE:RAX), Newtek Business Services (NASDAQ:NEWT), Range Resources (NYSE:RRC), The Blackstone (NYSE:BX)

John Bellich09/0909/09