Mississauga, ON -- (SBWire) -- 06/26/2013 --AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “Mitel Networks Now in the Rock and Roll Hall of Fame.”
Companies mentioned in this article include Mitel Networks Corp. (TSX:MNW)(Nasdaq:MITL), AT&T (NYSE:T) and ShoreTel (Nasdaq:SHOR).
Article Excerpt:
A good portion of the U.S. technology sector is rallying on Wednesday, with the Nasdaq exchange up another 35 points as the day winds towards the closing bell to extend Tuesday’s gains of 27 points. North of the border, Canadian stocks have slid into the red with the telecom subgroup pacing the laggards and communications equipment makers mostly posting losses.
It has been another tough day for dually-listed Mitel Networks Corp. (TSX:MNW) (NASDAQ:MITL), which is down about 10 percent from $4.00 highs hit yesterday, in spite of decent news this week. On Monday, the provider of cloud and unified communications solutions released its earnings for the fourth quarter and fiscal year ended April 30 that beat analyst expectations on both profit and revenue, but failed to push the US-listed shares of the company through the $4 mark that is proving extremely tough resistance. Shares have only closed above that level once in 2013, although they have tested it on many occasions.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_ca/special-reports/356/mitel-networks-now-in-the-rock-and-roll-hall-of-fame.htm
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All Penny Stocks.com News: Mitel Networks Now in the Rock and Roll Hall of Fame