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Stock Market & Financial Investment News

News Breaks
November 7, 2012
07:43 EDTSEAC, RDWR, ALLT, AUDC, CRNT, CPAH, APKT, AVNWNeedham to host a conference
Next-Gen Networks Conference is being held in New York on November 7 with webcasted company presentations to begin at 8 am; not all presentations may be webcasted. Webcast Link
News For ALLT;CPAH;SEAC;AUDC;APKT;ADTN;RDWR;CRNT;AVNW From The Last 14 Days
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December 16, 2014
17:12 EDTCPAHCounterPath files $50M mixed securities shelf
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17:01 EDTCPAHCounterPath receives non compliance notice from NASDAQ
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December 15, 2014
09:02 EDTAVNWAviat Networks announces multi-year contract renewal with Safaricom
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08:07 EDTCRNTCeragon Networks to host business news update conference call
Conference call will be held on December 15 at 9 am. Webcast Link
07:19 EDTCRNTCeragon Networks sees lowering headcount 14% as part of cost-cutting
"We are determined to return Ceragon to profitability as quickly as possible and to preserve our financial flexibility. The positive worldwide reception of our IP-20platform gives us confidence that our geographic revenue mix will improve. Meanwhile, steps are being taken to manage the revenue mix more carefully, and to seek revised pricing, payment and other terms on new orders in certain situations. We are encouraged by initial discussions with our customers in this regard. "In addition, we are making difficult but necessary changes at the operational level to further streamline the management organization, prioritize R&D projects, and improve product cost in order to further improve our competitive position. When fully reflected in our financial results in the second quarter of 2015, we expect to reduce quarterly operating expenses to approximately $21M-$22M from the current level of $26M-$27M. This expense level will be achieved primarily through an immediate headcount reduction of approximately 14%. The reason it is even possible for us to achieve a reduction of this magnitude is the significant time-to-market and technological advantage we have achieved with the IP-20 platform," said Ira Palti, CEO of Ceragon.
07:18 EDTCRNTCeragon Networks sees cutting expenses 17% in 2015 compared to prior year
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December 11, 2014
08:37 EDTCPAHCounterPath expects to drive sales to businesses, enterprises in FY15
CounterPath stated, "For the remainer of FY15, CounterPath expects to drive sales to businesses and enterprises, especially in the financial services, call center, government and technology sectors where demand for our products and services is proving robust. Leverage partnerships with telecommunication equipment vendors to generate new revenue from operators in Asia, Europe and North America, where we have a number of business prospects, while continuing to support the market via the Company's direct sales team. Achieve first commercial deployments in the desktop-as-a-service, or DaaS, and virtual desktop infrastructure, or VDI, markets, validating our technical leadership in the softphone market and increasing the company's recurring revenue. Further improve CounterPath's website through a search engine optimization/marketing program to generate higher e-Store sales, currently the company's largest, lowest touch sales channel. Continue building sales momentum in Europe, developing a second geography of sales strength for the company and thereby contributing to top-line growth."
08:32 EDTCPAHCounterPath reports Q2 EPS (3c), consensus (2c)
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December 10, 2014
16:11 EDTAVNWAviat Networks reports Q1 adjusted EPS (6c), consensus (8c)
Reports Q1 revenue $82.4M, consensus $86.91M.
10:00 EDTALLTOn The Fly: Analyst Downgrade Summary
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09:45 EDTSEACSeaChange management to meet with Brean Capital
Meeting to be held in New York on December 16 hosted by Brean Capital.
09:23 EDTALLTOn The Fly: Pre-market Movers
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08:07 EDTALLTAllot Communications downgraded at BofA/Merrill
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06:51 EDTALLTAllot Communications downgraded to Underperform from Buy at BofA/Merrill
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December 8, 2014
10:00 EDTSEACOn The Fly: Analyst Downgrade Summary
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08:43 EDTSEACSeaChange downgraded to Hold from Strong Buy at BWS Financial
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December 4, 2014
10:08 EDTSEACOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Anglo American (AAUKY) downgraded to Underperform from Buy at BofA/Merrill... Archer Daniels (ADM) downgraded to Hold from Buy at Miller Tabak... AuRico Gold (AUQ) downgraded to Underweight from Equal Weight at Morgan Stanley... BHP Billiton (BHP) downgraded to Neutral from Buy at BofA/Merrill... BIND Therapeutics (BIND) downgraded at Credit Suisse... BRF S.A. (BRFS) downgraded to Neutral from Buy at Goldman... CIRCOR (CIR) downgraded to Hold from Buy at BB&T... DISH (DISH) downgraded to Underweight from Equal Weight at Barclays... Enerplus (ERF) downgraded to Sector Performer from Outperformer at CIBC... Gildan Activewear (GIL) downgraded to Hold from Buy at GMP Securities... Kindred Biosciences (KIN) downgraded to Hold from Buy at Craig-Hallum... Nevsun Resources (NSU) downgraded to Neutral from Buy at UBS... Public Storage (PSA) downgraded at KeyBanc... Rio Tinto (RIO) downgraded to Underperform from Buy at BofA/Merrill... SeaChange (SEAC) downgraded to Hold from Buy at Noble Financial... Thor Industries (THO) downgraded at BMO Capital... Tupperware Brands (TUP) downgraded to Underperform from Market Perform at BMO Capital... UTi Worldwide (UTIW) downgraded at Stifel... Vale (VALE) downgraded to Neutral from Buy at BofA/Merrill... Vermilion Energy (VET) downgraded to Sector Performer from Outperformer at CIBC... Wal-Mart (WMT) downgraded to Neutral from Buy at UBS.
10:02 EDTALLTAllot Communications management to meet with Needham
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09:02 EDTSEACSeaChange downgraded to Hold from Buy at Noble Financial
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08:45 EDTSEACSeaChange management to meet with Brean Capital
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