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Stock Market & Financial Investment News

News Breaks
May 19, 2014
07:41 EDTARUNAruba Networks June volatility elevated at 64 into Q3
Aruba Networks June call option implied volatility is at 64, July is at 53, August is 47; compared to its 26-week average of 47 according to Track Data, suggesting large near term price movement into the expected release of Q3 results on May 22.
News For ARUN From The Last 14 Days
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July 16, 2014
17:22 EDTARUNAruba Networks initiated with a Neutral at Buckingham
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July 14, 2014
10:00 EDTARUNOn The Fly: Analyst Upgrade Summary
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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.

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