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Stock Market & Financial Investment News

News Breaks
February 11, 2014
08:29 EDTBLOXInfoblox still has positive catalysts, says JMP Securities
After Infoblox preannounced lower than expected Q2 EPS and provided weaker than expected FY14 guidance, JMP Securities thinks the company's installed base is stable and will enable its core business to grow in the mid-teens percentage levels. The firm also sees the company's security business as a catalyst. It slashed its price target to $28 from $48 but keeps an Outperform rating on the stock.
News For BLOX From The Last 14 Days
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February 9, 2016
08:20 EDTBLOXInvestors likely to applaud Infoblox deal, says Sterne Agee CRT
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February 8, 2016
16:43 EDTBLOXInfoblox to hold a conference call
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16:14 EDTBLOXInfoblox acquires cyberthreat intelligence firm IID for $45M
Infoblox announced the acquisition of privately held IID, a global cyberthreat intelligence company. Infoblox paid $45M in cash, subject to customary adjustments, to the former IID stockholders as consideration for the transaction. "By bringing together the deep and very rich threat intelligence from IID with the context and the central control point that Infoblox has in the network through our DDI services, we can deliver a unique value proposition to our customers and the partners that resell our products," the company remarked. IID co-founders Lars Harvey and Rod Rasmussen will become members of the Infoblox management team. Infoblox also expects that most IID employees will join Infoblox, including the threat intelligence and engineering teams.
16:12 EDTBLOXInfoblox sees Q2 adjusted EPS 16c-17c, consensus 13c
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