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Stock Market & Financial Investment News

News Breaks
February 4, 2013
13:10 EDTALVR, RKUSAlvarion still has a few positive catalysts, Globes columnist writes
Israel's Alvarion (ALVR) may report stronger than expected Q4 results on February 20, Israeli stock analyst Shlomi Cohen wrote in Globes. The company's results will benefit from the sale of patents, and payments on its Nortel debt, Cohen believes. Alvarion has put its WiMax unit up for sale, and, following the sale, the company will become a pure play on WiFi, which is a "hot item on Wall Street," he wrote. Alvarion could also become a takeover target for Ruckus (RKUS), the analyst added. Reference Link
News For ALVR;RKUS From The Last 14 Days
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July 31, 2014
08:48 EDTRKUSRuckus Wireless price target raised to $17 from $13 at BMO Capital
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July 30, 2014
16:25 EDTRKUSRuckus Wireless sees Q3 EPS 9c-11c, consensus 6c
Sees Q3 revenue $84M-$86M, consensus $85.02M.
16:25 EDTRKUSRuckus Wireless reports Q2 EPS 11c, consensus 5c
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10:00 EDTRKUSOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Aerohive Networks (HIVE) initiated with an Outperform at Pacific Crest... Cray (CRAY) coverage assumed with a Buy at Needham... Netgear (NTGR) initiated with a Sector Perform at Pacific Crest... NextEra Energy Partners (NEP) initiated with a Market Perform at Wells Fargo... Ruckus Wireless (RKUS) initiated with an Outperform at Pacific Crest.
05:34 EDTRKUSRuckus Wireless initiated with an Outperform at Pacific Crest
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July 24, 2014
10:00 EDTRKUSRuckus Wireless upgraded to Conviction Buy from Buy at Goldman (pre-open)
Pre-open, Goldman added Ruckus Wireless to the Conviction Buy List citing relative valuation, strong secular headwinds, share gains, and new product introductions. Price target is remains $18.

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