News Burst: Novell shares soar on earnings report

Shares of Novell Inc. jumped 1 5/16 to 18 11/16 to hit a new 52-week high Wednesday after the company easily topped Street estimates in its fourth fiscal quarter, returning a profit of $42m (£25.

Shares of Novell Inc. jumped 1 5/16 to 18 11/16 to hit a new 52-week high Wednesday after the company easily topped Street estimates in its fourth fiscal quarter, returning a profit of $42m (£25.6m), or 12 cents a share, on sales of $298m (£182m).

Full story to follow.

Newsletters

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
See All
See All