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Stock Market & Financial Investment News

News Breaks
January 17, 2014
11:02 EDTCVLT, BLOX, UBNT, ARUN, FIO, JNPRAnalyst calls for rebound in storage/networking space
Some stocks in the IT storage and networking sector could rebound in 2014, research firm Pacific Crest wrote in a note to investors earlier today. WHAT'S NEW: After speaking with resellers in the IT storage and networking sector, Pacific Crest analyst Brent Bracelin reports that 54% of the resellers were above their sales targets in the fourth quarter of 2013. Storage was stronger than networking, as 80% of the storage resellers were above their targets last quarter, the analyst noted. As a result, Bracelin believes spending on storage systems could rebound in 2014. He identified EMC (EMC) as his top large cap idea in the sector. Among mid-cap stocks, Bracelin is most upbeat on Aruba Networks (ARUN), Infoblox (BLOX), and CommVault (CVLT). He calls Fusion-io (FIO) a high-risk, high-reward small-cap name, and wrote that its stock may double this year. Bracelin kept Outperform ratings on all the stocks above. WHAT'S NOTABLE: Bracelin recommends avoiding Juniper (JNPR) and Ubiquiti Networks (UBNT) due to his concerns about their networking businesses. PRICE ACTION: In mid-morning trading, Aruba climbed 3% to $21.25, Infoblox lost 0.7% to $38.30, CommVault rose 0.6% to $75.65, and Fusion-IO gained 0.8% to $9.15. Meanwhile, Juniper added 0.2% to $25.85 and Ubiquiti advanced 0.6% to $44.
News For ARUN;BLOX;JNPR;UBNT;CVLT;FIO From The Last 14 Days
Check below for free stories on ARUN;BLOX;JNPR;UBNT;CVLT;FIO the last two weeks.
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April 17, 2014
08:18 EDTJNPRGoogle capex expansion positive for Finisar, Juniper, says Janney Capital
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08:08 EDTCVLTConcerns about CommVault overdone, says Stifel
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April 16, 2014
11:59 EDTJNPRJuniper April weekly volatility elevated into Q1 and outlook
Juniper April weekly call option implied volatility is at 56, May is at 36, October is at 29; compared to its 26-week average of 35 according to Track Data, suggesting large near term price movement into the expected release of Q1 of April 22.
April 15, 2014
10:14 EDTARUNHigh option volume stocks: LPNT IWC MSI ARMH ARUN
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07:25 EDTJNPRJuniper contemplates sale of mobile security unit, Reuters says
Juniper is contemplating a sale of its mobile security unit Junos Pulse, according to Reuters, citing people familiar with the matter. Reference Link
06:04 EDTBLOXInfoblox risk/reward favorable at current levels, says Deutsche Bank
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April 11, 2014
12:42 EDTARUN, JNPROn The Fly: Analyst Initiation Summary
ASML (ASML) initiated with a Cautious at ISI Group... Analog Devices (ADI) initiated with a Buy at ISI Group... Applied Materials (AMAT) initiated with a Strong Buy at ISI Group... Aruba Networks (ARUN) initiated with a Buy at SunTrust... Broadcom (BRCM) initiated with a Neutral at ISI Group... CSX (CSX) initiated with an Outperform at Macquarie... Cisco (CSCO) initiated with a Buy at SunTrust... F5 Networks (FFIV) initiated with a Neutral at SunTrust... Genesee & Wyoming (GWR) initiated with a Neutral at Macquarie... Intel (INTC) initiated with a Neutral at ISI Group... Juniper (JNPR) initiated with a Buy at SunTrust... KLA-Tencor (KLAC) initiated with a Neutral at ISI Group... Lam Research (LRCX) initiated with a Strong Buy at ISI Group... Linear Technology (LLTC) initiated with a Cautious at ISI Group... Maxim Integrated (MXIM) initiated with a Neutral at ISI Group... Micron (MU) initiated with a Strong Buy at ISI Group... NVIDIA (NVDA) initiated with a Neutral at ISI Group... NXP Semiconductors (NXPI) initiated with a Strong Buy at ISI Group... Qualcomm (QCOM) initiated with a Strong Buy at ISI Group... Riverbed (RVBD) initiated with a Neutral at SunTrust... SanDisk (SNDK) initiated with a Neutral at ISI Group... Teradyne (TER) initiated with a Buy at ISI Group... Texas Instruments (TXN) initiated with a Neutral at ISI Group... Trulia (TRLA) initiated with a Neutral at Susquehanna... Union Pacific (UNP) initiated with a Neutral at Macquarie... Zillow (Z) initiated with a Positive at Susquehanna... Flamel Technologies (FLML) initiated with a Buy at Roth Capital... Parker Drilling (PKD) initiated with an Accumulate at Tudor Pickering.
07:29 EDTJNPRNetwork security Q1 survey shows 'respectable' demand, says Jefferies
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06:08 EDTJNPRJuniper initiated with a Buy at SunTrust
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06:08 EDTARUNAruba Networks initiated with a Buy at SunTrust
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05:59 EDTJNPRJuniper publishes 'High Alert' notice on security home page
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05:57 EDTJNPRCisco, Juniper say some products affected by Heartbleed bug, WSJ reports
Both Cisco (CSCO) and Juniper (JNPR) have disclosed that some of their products are affected by the Heartbleed bug, the Wall Street Journal reports. The companies say the security flaw affects routers, switches and firewalls used by businesses. Reference Link
April 10, 2014
08:45 EDTJNPRPalo Alto upgraded at JMP Securities
As noted earlier, JMP Securities upgraded Palo Alto (PANW) to Outperform from Market Perform. The firm expects the company to benefit from the strength of its Advanced Persistent Threat service and strong demand for next generation firewall technology. JMP Securities also believes that the company's sales are tracking at least in-line with expectations this quarter, and is more confident that it will prevail in its court battle with Juniper (JNPR). Target $80.
April 4, 2014
10:02 EDTJNPR, ARUNOn The Fly: Analyst Initiation Summary
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09:24 EDTARUNAruba Networks outlook has improved, says Pacific Crest
After meeting with Aruba's management, Pacific Crest is more confident that a number of catalysts will boost the company's revenue and margins beyond expectations. The firm expects the company's profits to grow at a 40% clip this year and next. It keeps an Outperform rating on the shares.

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