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News Breaks | | | | June 8, 2012 | | 10:30 EDT |  | CFNL, SD, RVBD, NEON, LGND, JNPR, HSKA, FFIV, CY, CSCO, TECH | On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Cardinal Financial (CFNL) initiated with a Buy at Janney Capital... Cisco (CSCO) initiated with a Buy at Citigroup... Cypress Semiconductor (CY) initiated with a Sell at Cantor... F5 Networks (FFIV) initiated with a Buy at Citigroup... Heska (HSKA) initiated with a Buy at C.K. Cooper... Juniper (JNPR) initiated with a Buy at Citigroup... Ligand Pharmaceuticals (LGND) initiated with a Buy at Cantor... Neonode (NEON) initiated with a Buy at Cantor... Riverbed (RVBD) initiated with a Buy at Citigroup... SandRidge Energy (SD) initiated with an Outperform at RBC Capital... Techne (TECH) initiated with a Market Perform at William Blair. | |
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News For CFNL;CSCO;CY;FFIV;HSKA;JNPR;LGND;NEON;RVBD;SD;TECH From The Last 14 Days Check below for free stories on CFNL;CSCO;CY;FFIV;HSKA;JNPR;LGND;NEON;RVBD;SD;TECH the last two weeks. |
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| June 7, 2013 | | 16:26 EDT |  | CSCO | On The Fly: Closing Wrap
 Subscribe for More Information | | | 12:57 EDT | | CSCO | On The Fly: Midday Wrap
The Wall Street averages were all up about 1% near midday after the monthly jobs report beat forecasts. ECONOMIC EVENTS: In the U.S., the Labor Department reported employers added 175K jobs in May, beating expectations for 163K added jobs. The unemployment rate rose slightly to 7.6% in May from 7.5% in April, with the uptick attributed to more people entering the workforce. COMPANY NEWS: TiVo (TIVO) confirmed it had settled a patent lawsuit with Google's (GOOG) Motorola unit, Cisco (CSCO) and Time Warner Cable (TWC), as reported by media outlets yesterday. The company also doubled its stock buyback authorization, but TiVo shares, which had been higher yesterday on the initial reports, fell over 17% as the amount of money the company received in the deal fell short of analyst expectations. MAJOR MOVERS: Among the notable gainers were JinkoSolar (JKS) and Thor Industries (THO), which both gained over 10% following their earnings reports. Also higher were shares of Yum! Brands (YUM), which rose nearly 3% after UBS upgraded the stock to Buy. Among the losers were a number of companies that had hoped to convert to real estate investment trusts after the IRS formed a group to study issues relating to REIT conversions. Notably, Iron Mountain (IRM) fell almost 16%, Copart (CPRT) dropped over 6%, and Equinix (EQIX) slid over 5%. INDICES: Near 1 pm ET, the Dow was up 168.95, or 1.12%, to 15,209.57; the Nasdaq was up 35.12, or 1.03%, to 3,459.17; and the S&P 500 was up 15.41, or 0.95%, to 1,637.97. | | | 09:27 EDT |  | CSCO | On The Fly: Pre-market Movers
HIGHER: Concurrent (CCUR), up 9.2% after doubling its dividend... Christopher & Banks (CBK), up 9.1% after quarterly earnings, revenue beat expectations... Gamestop (GME), up 2.5% after Microsoft (MSFT) clarifies how games licensing will works on upcoming Xbox One system... Arena (ARNA), up 1.7% after saying Belviq weight-loss drug available in U.s. next week, triggering milestone payment. LOWER: TiVo (XXX), down 18.7% after announcing patent litigation with Google's (GOOG) Motorola, Cisco (CSCO) and Time Warner Cable (TWC), doubles stock buyback authorization... Iron Mountain (IRM), down 17.2%, Lamar Advertising (LAMR), down 8.3%, Equinix (EQIX), down 7.8%, CBS (CBS), down 2.1%, after IRS forms working group on REIT issues, which could delay some of those companies plans for or consideration of REIT conversion... Intel (INTC), down 0.8% following downgrade to Underweight at Piper Jaffray. | | | 09:21 EDT | | CSCO | Cisco to pay $294M to TiVo in patent settlement
Subscribe for More Information | | | 08:22 EDT | | CSCO | TiVo reaches $490M patent settlement, doubles share buyback
Subscribe for More Information | | | 06:00 EDT |  | CSCO | Stocks with implied volatility below IV index mean; CSCO INFI
Subscribe for More Information | | | June 6, 2013 | | 12:27 EDT |  | JNPR | Finisar to benefit from improving carrier spending, says Piper Jaffray
Piper Jaffray says recent commentary from Juniper (JNPR) and Ciena (CIEN) indicate that carrier spending trends are improving, which it feels could provide upside to its longer-term estimates for Finisar (FNSR). Piper keeps an Overweight rating on shares of Finisar into the company's Q4 results on June 19. | | | 11:41 EDT | | CSCO, JNPR | EZchip says business improving, holding talks on new product
Subscribe for More Information | | | 09:13 EDT | | JNPR | On The Fly: Pre-market Movers
Subscribe for More Information | | | 06:15 EDT | | CSCO | Stocks with implied volatility below IV index mean; CSCO MBI
Subscribe for More Information | | | | June 5, 2013 | | 16:26 EDT | | JNPR | On The Fly: Closing Wrap
Subscribe for More Information | | | 12:12 EDT | | JNPR | Juniper CEO says seeing increasing CapEx trend for service providers
Subscribe for More Information | | | 12:04 EDT | | JNPR | Juniper CEO says IBM a key enterprise partner
Subscribe for More Information | | | 11:56 EDT | | JNPR | Juniper CEO sees no competitive pricing action that is causing concern
Subscribe for More Information | | | 11:50 EDT | | JNPR | Juniper up 4% amid BofA conference presentation
Subscribe for More Information | | | 11:46 EDT | | JNPR | Juniper jumps 4%, or 61c, to $18.00
| | | 09:00 EDT |  | RVBD | Riverbed management to meet with Lazard Capital
Meetings to be held in Toronto on June 6 and in New York on June 7 hosted by Lazard Capital. | | | 06:06 EDT | | CSCO | Stocks with implied volatility below IV index mean; CSCO MBI
Subscribe for More Information | | | 05:43 EDT |  | CSCO | Tech firms applaud Obama patent move, WSJ reports
Technology companies welcomed the Obama administration's decision to enter the debate over patent litigation, seeing a chance to stem a flood of lawsuits they say is hurting innovation, reports the Wall Street Journal. Reference Link | | | June 4, 2013 | | 08:09 EDT | | CSCO | India to have 348M Internet users by 2017, Economic Times reports
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