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May 23, 2012
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| 16:27 EDT |  | JNPR |
| theflyonthewall.com: | On The Fly: Closing Wrap | | Stocks on Wall Street were mixed following a furious rally to close the day. Stock futures were sharply lower in premarket trading pointing to a continuation of the market’s slide from late yesterday. The weakness in the U.S. futures followed poor sessions for stocks in Asia and early weakness in European equities, which only worsened as the day moved forward. The futures action led to a lower open for the broader market and the better than expected new home sales and home price reports could not bring in buyers. The market selling intensified throughout the morning until finally finding a level near noon, from which the market held and drifted higher. In the last hour of trading markets rose sharply to wind up mixed, and nearly up, for the day… ECONOMIC EVENTS In the U.S., new home sales increased 3.3% in the month of April to a 343K annual rate, versus expectations of an increase of 2.1%. The House Price Index showed an increase of 0.5% for the month of March, versus expectations of an increase of 0.3%. In Europe, equities slumped badly and the euro tumbled to its lowest level versus the dollar since August 2010 ahead of an informal summit meeting Wednesday night planned by European leaders. Expectations are that German Chancellor Angela Merkel will hold a hard line against mounting pressure to consider joint eurobonds... COMPANY NEWS: Shares of Dell (DELL) plunged $2.59, or 17.18%, to $12.49 after the company reported weaker than expected Q1 results and guided to Q2 revenue below consensus. The company's commentary on the challenging economic backdrop and how consumers have moved toward mobile devices and away from traditional PCs sunk peers as well, including Hewlett-Packard (HPQ), which fell before releasing a disappointing earnings report after the market closed. Meanwhile, two congressional committees set out to investigate Facebook’s (FB) troubled initial public offering… MAJOR MOVERS: Among the notable gainers were PetSmart (PETM), up $7.30, or 13.12%, to $62.92, following its "beat and raise" report, and Compuware (CPWR), up 80c, or 9.47%, to $9.25, after the company beat revenue expectations. Noteworthy losers included Qihoo 360 (QIHU), down 78c, or 3.64%, to $20.62, following its quarterly report and the appointment of a new co-CFO, and Juniper Networks (JNPR), down 76c, or 4.22%, to $17,23, after Goldman Sachs announced its view that ALU’s entry into core routing was an incremental negative for Juniper, following cautious comments by the company’s CEO the day before at their annual stockholder meeting. INDICES: The Dow lost $6.66, or 0.05%, to $12,496.15; the Nasdaq rose $11.04, or 0.39%, to $2,850.12; and the S&P 500 added $2.23, or 0.17%, to $1,318.86. :theflyonthewall.com |
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| 08:01 EDT |  | ALU |
| theflyonthewall.com: | Alcatel-Lucent could take significant share in core routers, says BMO Capital |
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| 07:15 EDT | | ALU, JNPR |
| theflyonthewall.com: | Alcatel's entry in core routing incremental negative for Juniper, says Goldman | | Goldman views Alacatel-Lucent's entry into core routing as an incremental negative for Juniper given it represents 20% of revenues and is its highest margin product line. :theflyonthewall.com |
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May 22, 2012
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| 12:57 EDT |  | JNPR |
| theflyonthewall.com: | Juniper's Kevin Johnson says Europe hurting network demand, Bloomberg reports | | Bloomberg is reporting this comment made at Juniper 2012 Annual Meeting of Stockholders. :theflyonthewall.com |
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May 21, 2012
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| 08:07 EDT | | CSCO |
| theflyonthewall.com: | RGB Networks, BlackArrow enable targeted advertising delivery for TV Everywhere |
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| 05:45 EDT | | ERIC |
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May 18, 2012
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| 08:07 EDT | | CSCO |
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| 05:46 EDT | | JNPR |
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| 05:38 EDT | | ERIC |
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May 16, 2012
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| 12:12 EDT | | JNPR |
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| 10:43 EDT |  | ALU |
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| 10:33 EDT |  | CSCO |
| theflyonthewall.com: | On The Fly: Analyst Upgrade Summary | | Today's noteworthy upgrades include: Akamai (AKAM) upgraded to Neutral from Sell at Citigroup... Cisco (CSCO) upgraded to Overweight from Equal Weight at Barclays... Fossil (FOSL) upgraded to Buy from Neutral at Citigroup... Hollysys Automation (HOLI) upgraded to Buy from Neutral at Roth Capital... PepsiCo (PEP) upgraded to Outperform from Underperform at CLSA... Rowan Companies (RDC) upgraded to Outperform from Neutral at Macquarie... SandRidge Energy (SD) upgraded to Hold from Sell at Canaccord... Seadrill (SDRL) upgraded to Buy from Neutral at Citigroup... Simpson Manufacturing (SSD) upgraded to Neutral from Underperform at RW Baird... TE Connectivity (TE) upgraded to Outperform from Neutral at Macquarie... Weatherford (WFT) upgraded to Overweight from Neutral at JPMorgan... Dunkin' Brands (DNKN) upgraded to Buy from Hold at Argus... Total (TOT) upgraded to Equal Weight from Underweight at Morgan Stanley. :theflyonthewall.com |
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| 08:26 EDT | | JNPR |
| theflyonthewall.com: | Radware likely in talks with Juniper over licensing deal, says Oppenheimer | | After conducting checks, Oppenheimer believes that Radware (RDWR) is in advanced negotiations to license its ADC engine to Juniper (JNPR). The firm thinks the deal could be worth about $70M-$100M over three to five years, and lead to an annual EPS increase of about 75c per share for Radware. The firm maintains an Outperform rating on Radware. :theflyonthewall.com |
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| 05:52 EDT | | CSCO |
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May 15, 2012
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| 16:42 EDT | | CSCO |
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| 10:14 EDT | | JNPR |
| theflyonthewall.com: | On The Fly: Analyst Upgrade Summary | | Today's noteworthy upgrades include: Akamai (AKAM) upgraded to Buy from Neutral at Janney Capital... Amazon.com (AMZN) upgraded to Outperform from Neutral at Credit Suisse... Amedisys (AMED) upgraded to Outperform from Neutral at RW Baird... Cepheid (CPHD) upgraded to Buy from Neutral at UBS... Dominion (D) upgraded to Buy from Hold at Jefferies... Flextronics (FLEX) upgraded to Buy from Neutral at BofA/Merrill... Gentiva Health (GTIV) upgraded to Neutral from Underperform at RW Baird... Jabil Circuit (JBL) upgraded to Buy from Neutral at BofA/Merrill... Juniper (JNPR) upgraded to Buy from Neutral at BofA/Merrill... KiOR (KIOR) upgraded to Buy from Neutral at Citigroup... MIPS Technologies (MIPS) upgraded to Buy from Hold at Benchmark Co... Silver Wheaton (SLW) upgraded to Outperform from Neutral at Macquarie... Southern Company (SO) upgraded to Buy from Hold at Jefferies. :theflyonthewall.com |
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| 09:42 EDT |  | JNPR |
| theflyonthewall.com: | Juniper reverses higher from 6-month lows, resistance at $19.04, its 10-day MA | | :theflyonthewall.com |
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| 09:05 EDT | | CIEN |
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| 07:56 EDT |  | CSCO |
| theflyonthewall.com: | JP Morgan to host a conference | | 40th Annual Global Technology, Media & Telecom Conference is being held in Boston on May 15-17 with webcasted company presentations to begin on May 15 at 8 am; not all company presentations may be webcasted. Webcast Link :theflyonthewall.com |
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| 07:17 EDT | | JNPR |
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| 06:33 EDT | | JNPR |
| theflyonthewall.com: | Juniper upgraded to Buy from Neutral at BofA/Merrill | | :theflyonthewall.com |
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| 06:23 EDT |  | CSCO |
| theflyonthewall.com: | Labor, power shortages could turn worse as notebook demand rises, DigiTimes says |
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| 06:21 EDT | | CSCO |
| theflyonthewall.com: | Qualcomm Snapdragon shortage forcing vendors to other options, DigiTimes says |
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| 06:17 EDT | | CSCO |
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May 14, 2012
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| 16:08 EDT | | CIEN |
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| 08:50 EDT | | ERIC |
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May 13, 2012
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| 16:18 EDT | | CSCO |
| theflyonthewall.com: | Cisco and Intel's views on IT spending clash, Barron's reports | | When CEO John Chambers blamed Cisco's (CSCO) earnings miss last Wednesday on weakened corporate tech spending, his comments whipsawed tech investors and stocks. Indeed, much of Cisco's woes can be blamed on Europe, which is a big spender on business software, services, and networking gear. That is especially true of Europe's governments, which might explain Chambers' more negative view of corporate spending, Barron's reports. But apparently, Chambers hadn't checked with Intel (INTC) CEO Paul Otellini, who sees no change in IT spending. Intel is less reliant on Europe and more dependent on emerging markets in China, India, and Brazil, which probably explains why Otellini isn't feeling Chambers' pain, the periodical notes. Reference Link :theflyonthewall.com |
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May 11, 2012
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| 14:44 EDT | | CSCO |
| theflyonthewall.com: | Stocks set to end week lower as turmoil in Europe weighs on shares | | Stocks are poised to finish lower for the week as the fallout from elections in France and Greece, along with worries about the solvency of Spanish banks and Spain itself, rattled investors. MACRO NEWS: French socialist Francois Hollande won the French presidential election on Sunday. Hollande has called for the E.U.'s fiscal pact to be revised and weakened, placing him on a collision course with German Chancellor Angela Merkel and causing investors to become more worried about the euro zone's debt crisis... The Greek election also intensified investors' fears about Europe, as the party with the most votes was unable to form a government and the leader of the second largest party wants to default on the country's deals with the E.U... The Spanish government announced that it would nationalize the country's fourth largest bank, and some investors are worried that other Spanish banks will require aid from the government. There are also concerns that the cost of bailing out banks will bankrupt the Spanish government. COMPANY NEWS. In the U.S., JP Morgan (JPM) announced that it had suffered a $2B loss on synthetic trading positions. Some analysts believe that the loss will grow significantly... Cisco (CSCO) reported stronger than expected Q3 results but provided lower than expected Q4 EPS guidance. The company warned that European headwinds and customers' conservatism were creating challenges... Coty increased its takeover offer for Avon (AVP) to $24.75 per share. :theflyonthewall.com |
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| 12:25 EDT | | CIEN |
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| 11:59 EDT | | CIEN |
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| 10:23 EDT | | CSCO |
| theflyonthewall.com: | Cisco management to meet with Jefferies | | Meeting to be held in London on May 14 hosted by Jefferies. :theflyonthewall.com |
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| 10:19 EDT | | CSCO |
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| 09:41 EDT | | CSCO |
| theflyonthewall.com: | Active equity option families in first 10-minutes | | Active equity option families in first 10-minutes of trading according to Track Data are: AAPL JPM ARNA CSCO. :theflyonthewall.com |
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| 08:01 EDT | | JNPR |
| theflyonthewall.com: | BofA/Merrill's technology analysts hold an analyst/industry conference call | | Technology Analysts Post and Rangan provide a review of the recently held Global Technology Conference on an Analyst/Industry conference call to be held on May 11 at 10 am. :theflyonthewall.com |
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| 07:32 EDT | | ERIC |
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| 07:26 EDT | | ERIC |
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May 10, 2012
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| 16:47 EDT | | CSCO |
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| 16:06 EDT | | CSCO |
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| 13:16 EDT | | CSCO |
| theflyonthewall.com: | Cavium Networks weakness related to Cisco is overdone, says Raymond James | | Raymond James believes Cavium (CAVM) weakness related to Cisco's (CSCO) guidance is an overreaction. The analyst expects service provider rather than enterprise to be a driver for Cavium and adds the company is dominating the high-end of the multi-core markets. :theflyonthewall.com |
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| 12:20 EDT | | CSCO |
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| 12:11 EDT | | CSCO |
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| 11:16 EDT | | CSCO |
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| 10:06 EDT | | JNPR |
| theflyonthewall.com: | Juniper shares fall in early trading, support is at $18.05 pivot, then $17.64 | | :theflyonthewall.com |
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| 08:30 EDT | | CSCO |
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| 07:33 EDT | | CSCO |
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| 07:33 EDT | | CSCO, JNPR |
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| 07:22 EDT | | CSCO |
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| 05:53 EDT | | CSCO |
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May 9, 2012
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| 17:50 EDT | | CSCO |
| theflyonthewall.com: | Cisco repurchased $550M in stock in Q3, 27M shares at average price $20.28 | | :theflyonthewall.com |
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| 17:46 EDT | | CSCO |
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| 17:17 EDT | | CSCO |
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| 17:15 EDT | | CSCO |
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| 17:14 EDT | | CSCO |
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| 17:07 EDT | | CSCO |
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| 17:06 EDT |  | CSCO |
| theflyonthewall.com: | Cisco sees Q4 adjusted gross margins 61-62% | | :theflyonthewall.com |
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| 17:01 EDT | | CSCO |
| theflyonthewall.com: | Cisco sees Q4 EPS 44c-46c, consensus 49c | | :theflyonthewall.com |
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| 17:00 EDT | | CSCO |
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| 16:59 EDT | | CSCO |
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| 16:33 EDT | | CSCO |
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| 16:06 EDT | | CSCO |
| theflyonthewall.com: | Cisco reports Q3 EPS 48c , consensus 47c | | Reports revenue $11.59B , consensus $11.57B. :theflyonthewall.com |
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| 16:04 EDT | | CSCO |
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| 15:31 EDT | | CSCO |
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| 15:07 EDT | | CSCO |
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| 10:54 EDT | | CSCO |
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| 09:13 EDT | | ERIC |
| theflyonthewall.com: | Ericsson selected by Flat Wireless for CDMA Packet Core solution | | Ericsson announced it has been selected by Flat Wireless for delivery and systems integration of a new CDMA Packet Core solution for its ClearTalk brand. The network modernization of packet core will provide Flat Wireless with the ability to support additional terminal types, enhanced radio capabilities and seamless migration to EPC/LTE. The contract marks the introduction of Ericsson's next-generation CDMA Packet Core solution in North America. Ericsson will also provide consulting and customer support services. :theflyonthewall.com |
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| 07:26 EDT | | CSCO |
| theflyonthewall.com: | Cisco May volatility increases into Q3 and outlook | | Cisco May put option implied volatility is at 55, June is at 30; compared to its 26-week average of 31 according to Track Data, suggesting larger near term price movement into the expected release of Q3 results today after the market close. :theflyonthewall.com |
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| 06:11 EDT | | ERIC |
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| 05:54 EDT | | ERIC |
| theflyonthewall.com: | Ericsson to introduce smart cloud accelerator solution | | As part of the recently announced Network-enabled Cloud concept, Ericsson introduces its Smart Cloud Accelerator solution. This new solution complements Ericsson's portfolio of content delivery options consisting of the Mobile Cloud Accelerator, or MCA, which allows mobile network operators to deliver content with an improved end-to-end quality of service, and the Media Delivery Network, or MDN, an operator Content Delivery Network, or CDN, optimized for video delivery. :theflyonthewall.com |
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