Investor Alley Inc.

NASDAQ Stocks Investors Should Watch Closely: (NASDAQ: INFN), (NYSE: HGG)

 

New York, NY -- (ReleaseWire) -- 02/05/2013 --Infinera Corporation (NASDAQ: INFN) announced that it will participate in the following webcasted investment community events.

- Gan Stanley: 2013 Technology, Stifel Nicolaus 2013 Technology Conference - San Francisco, CA on Thursday, February 7, 2013
- MorMedia & Telecom Conference - San Francisco, CA on Wednesday, February 27, 2013

Infinera specializes in Digital Optical Networking solutions that are designed to continually improve the economics of optical networking by combining the speed of optics with the simplicity of digital.

Infinera is unique in its use of breakthrough semiconductor technology: Large Scale Photonic Integrated Circuit (PIC). Infinera's platforms leverage PIC technology to provide customers with a service-ready architecture that enables faster time-to-revenue and greater profitability.

Find out more on INFN by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=INFN

Hhgregg, Inc. (NYSE: HGG) last week announced Q3 Operating Results. The highlights included:

- Net sales decreased 3.6% to $799.6 million
- Comparable store sales decreased 9.7%
- Net income per diluted share decreased 15.0% to $0.51 vs. $0.60 in the prior year quarter

HGG reported net income of $17.4 million, or $0.51 per diluted share, for the three month period ended December 31, 2012, compared with net income of $22.5 million, or $0.60 per diluted share, for the comparable prior year period.

For the nine month period ended December 31, 2012 net income was $15.4 million, or $0.44 per diluted share, compared with net income of $27.7 million, or $0.72 per diluted share for the comparable prior year period.

hhgregg, Inc., together with its subsidiaries, operates as a specialty retailer of home appliances, televisions, computers, consumer electronics, mattresses, and related services.

Find out where HGG could be headed by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=HGG

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