New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 17, 2014
11:02 EDTARUN, BLOX, JNPR, UBNT, CVLT, FIOAnalyst 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.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
July 23, 2014
07:08 EDTJNPRJuniper valuation still attractive, says Cantor
After Juniper provided weaker than expected Q3 guidance, Cantor cut its price target on the shares to $29.50 from $32. Although the firm sees the delays of deals with service providers which caused the guidance miss as a setback, it thinks the stock's valuation remains attractive while Juniper's cost realignment initiative remains intact. The firm keeps a $29.50 price target and Buy rating on the shares.
06:21 EDTJNPRJuniper downgraded to Neutral from Buy at BofA/Merrill
Subscribe for More Information
July 22, 2014
18:33 EDTJNPROn The Fly: After Hours Movers
UP AFTER EARNINGS: Broadcom (BRCM), consensus up 3% after reporting second quarter results... Intuitive Surgical (ISRG), up 10.4%... Manhattan Associates (MANH), up 3%... Robert Half International (RHI), up 3.9%... Hawaiian Holdings (HA), up 3.1%... Microsoft (MSFT), up just under 1%... FMC Technologies (FTI), up 1.1%. ALSO HIGHER: Ballard Power Systems (BLDP), up 2.7% following purchase order from New Flyer Industries... Unwired Planet (UPIP), up 2.4% after filing a lawsuit against Microsoft for breach of contract. NOTABLE: Puma Biotechnology (PBYI), up 193.8% after reporting positive top line results from Phase III PB272 trial. DOWN AFTER EARNINGS: Xilinx (XLNX), down 8.7%... Apple (AAPL), down after reporting third quarter results and fourth quarter guidance... Juniper Networks (JNPR), down 4.7%... ALSO LOWER: Farmland Partners (FPI), down 3.8% after filing to sell 3.72M shares of common stock.
16:11 EDTJNPRJuniper falls after results, first look
The stock is at $22.04 in the extended session, lower by 11% after earnings. At that price next support is at $20.84. Resistance is at $23.54.
16:09 EDTJNPRJuniper sees Q3 adjusted EPS 35c-40c, consensus 44c
Subscribe for More Information
16:06 EDTJNPRJuniper reports preliminary Q2 EPS 40c, consensus 38c
Subscribe for More Information
15:30 EDTJNPRNotable companies reporting after market close
Subscribe for More Information
15:15 EDTJNPRJuniper July weekly 24 straddle priced for 4.9% move into Q2
Subscribe for More Information
13:25 EDTJNPREarnings Preview: Juniper sahres rise ahead of Q2 earnings report
Subscribe for More Information
July 20, 2014
12:53 EDTJNPRJuniper shares could rise over 30%, Barron's says
Subscribe for More Information
July 17, 2014
12:15 EDTFIOSanDisk plummets after Q3 revenue outlook disappoints
Subscribe for More Information
July 16, 2014
17:48 EDTFIOSanDisk says expects to be 'somewhat supply constrained' in 2H14
Subscribe for More Information
17:22 EDTARUNAruba Networks initiated with a Neutral at Buckingham
Subscribe for More Information
13:44 EDTFIOEarnings Preview: Stifel sees SanDisk results, guidance topping expectations
Subscribe for More Information
08:03 EDTFIOSanDisk announces expiration of HSR waiting period for Fusion-io purchase
Subscribe for More Information
July 15, 2014
07:24 EDTCVLTMicrosoft to hold a conference
MSFT Worldwide Partner Conference to be held in Washington, D.C. on July 13-17.
July 14, 2014
10:00 EDTARUNOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
08:05 EDTARUNAruba Networks upgraded to Outperform from Neutral at Macquarie
July 11, 2014
14:15 EDTARUNRuckus, Aruba advance after FCC approves new school WiFi program
Shares of Ruckus Wireless (RKUS) and Aruba Networks (ARUN) are rising after the FCC announced that it would allocate new funds to subsidize the launch of WiFi networks in schools and libraries. Ruckus and Aruba provide products used for WiFi networks. WHAT'S NEW: The FCC said it would allocate $2B over the next two years to subsidize the launch of WiFi connections at schools and libraries. For the following three years, the agency said it would look to spend $1B annually on the project. The FCC said the funds would be "distributed fairly to all schools and libraries while recognizing the needs of the nationís rural and poorest school districts." PRICE ACTION: In mid-afternoon trading, Ruckus surged 5.5% to $11.62 and Aruba advanced 4.6% to $17.04.
11:31 EDTUBNTOptions with increasing implied volatility
Options with increasing implied volatility: INO AEGR UBNT INVN WTW OREX GNC CREE SD SAN
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use