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Imperva Inc. Preliminary First Quarter Results Disappoint; FireEye Inc. Upgraded to Buy from Hold at Topeka

ACCESSWIRE

Imperva Inc. (NYSE:IMPV - News) – For an in-depth report on Imperva Inc. follow: www.BullTrends.com/stockquote/IMPV

Shares of Imperva Inc. closed down 43.70% on about 11.4 million shares traded. The stock was one of the biggest decliners on the NYSE hitting a new yearly low of $26.67 during intra-day trading. The company announced preliminary first-quarter results. The company expects quarterly revenue in the range of $31 million to $31.5 million, or well below previous guidance of sales in the range of $36 million to $37 million. This should translate to an adjusted net loss per share between $0.44 and $0.40, compared to Imperva's previous guidance for a net loss per share between $0.37 and $0.33.

The Wendy's Company (NASDAQ:WEN - News) - For an in-depth report on The Wendy's Company follow: www.BullTrends.com/stockquote/WEN

Shares of The Wendy’s Company closed up a modest 1.16% on Thursday with about 16.4 million shares traded. The stock was one of the most active stocks on the NASDAQ. The company was featured favorably in a Zacks article about the company’s next earnings report.

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FireEye, Inc. (NASDAQ:FEYE - News) - For an in-depth report on Splunk, Inc. follow: www.BullTrends.com/stockquote/SPLK

Shares of FireEye Inc. close down 11.77% on about 7.4 million shares traded. The stock was one of the biggest decliners on the NASDAQ. Topeka upgraded FireEye to “buy” from “hold” based on valuation. Their price target remains at $70.

Black River Petroleum Corp. (OTCBB:BRPC - News) – For an in-depth report on Black River Petroleum Corp. follow: www.BullTrends.com/stockquote/BRPC

Black River Petroleum Corp. closed up 22.47% on Thursday and hit a new yearly high of $1.19 during intra-day trading. Despite the company not having any significant news, the stock was one of the biggest gainers in the OTCBB market.

Disclosure: BullTrends.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please read our report and visit our website, for complete risks and disclosures.