New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 4, 2013
18:10 EDTCIEN, JNPR, CTXS, CSCO, JDSU, FFIVF5 Networks peers trade down after company lowers Q2 guidance
Peers of F5 Networks (FFIV) in the Telco space are trading lower after-hours, after the company lowered its Q2 EPS and revenue guidance, and said on its conference call that "the largest area of weakness was in the Telco space, where sales were down significantly on both a year-over-year and sequential basis." Shares of Cisco Systems (CSCO), Juniper Networks (JNPR), JDS Uniphase (JDSU), Citrix Systems (CTXS), and Ciena Corporation (CIEN) are all trading lower by more than 2% after the close.
News For FFIV;CSCO;JNPR;JDSU;CTXS;CIEN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 >>
September 3, 2015
06:46 EDTCSCOCisco chairman Chambers still running the show, not CEO Robbins, BI reports
Subscribe for More Information
September 2, 2015
14:50 EDTCIENNotable companies reporting before tomorrow's open
Subscribe for More Information
September 1, 2015
19:22 EDTCSCOAmazon, Google, Netflix, others establish alliance to develop new media format
Amazon (AMZN), Cisco (CSCO), Google (GOOG), Intel (INTC), Microsoft (MSFT), Mozilla and Netflix (NFLX) announced the formation of the Alliance for Open Media, "an open-source project that will develop next-generation media formats, codecs and technologies in the public interest." The alliance added that it is committing its collective technology and expertise to meet "growing Internet demand for top-quality video, audio, imagery and streaming across devices of all kinds." The alliance's initial focus is to deliver a next-generation video format that is interoperable and open; optimized for the web; scalable to any modern device; optimized for hardware; capable of highest-quality and real-time video delivery; and flexible for both commercial and non-commercial content, including user-generated content. The initial project will create a new, open royalty-free video codec specification based on the contributions of members, said the group. Additional information on the alliance will be available later this year. Reference Link
10:59 EDTFFIVCyberArk bucks downward market trend after Piper upgrade
The shares of Israeli cybersecurity company CyberArk (CYBR) are flat despite the large decline in the broader market after research firm Piper Jaffray upgraded the stock to Buy from Hold. The stock's decline has created an attractive entry point, as companies are becoming more interested in the type of products CyberArk offers, Piper analyst Andrew Nowinski contended. WHAT'S NEW: After conducting extensive checks, Nowinski believes that companies are becoming more interested in Privileged Account Management, the area in which CyberArk specializes. Enterprises are focusing on this area more intently because they realize they need to spend more on protecting their most critical assets within firewalls, the analyst stated. As a result of this trend, CyberArk's market share gains could accelerate, Nowinski believes. Moreover, the company is one of the few cybersecurity companies capable of generating 40%+ revenue growth and 20%+ operating margins, the analyst stated. Additionally, the company's 2016 free cash flow should come in nearly triple analysts' consensus 2016 estimate, said Nowinski, who set a $70 price target and Overweight rating on the shares. OTHERS TO WATCH: Other publicly traded IT security companies include Barracuda (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). PRICE ACTION: In morning trading, CyberArk was little changed at $51 per share.
10:56 EDTCSCO, JNPRRBC Capital to hold a bus tour
Subscribe for More Information
09:34 EDTCSCOActive equity options trading on open
Subscribe for More Information
07:49 EDTJNPR, CSCO, FFIVData networking shares should be bought on weakness, says Bernstein
Bernstein says that Cisco (CSCO), Juniper (JNPR), and F5 Networks (FFIV) are down almost 10% recently, although they have "limited exposure" to China, according to the firm. Additionally, even in the face of wider macro economic weakness, Cisco "would still be protected by a positive product cycle momentum," while Juniper would be shielded by "the late cycle nature" of the spending trends of its service provider customers, according to the firm. Bernstein keeps Outperform ratings on all the stocks named.
August 31, 2015
14:45 EDTCIENCiena volatility elevated into Q3 and outlook
Subscribe for More Information
14:05 EDTCSCOApple, Cisco announce partnership for 'fast lane' for iOS enterprise users
Subscribe for More Information
11:03 EDTCSCOEricsson signs OSSii license agreements with Cisco and Tektronix
Subscribe for More Information
09:07 EDTJDSUB. Riley to hold a tour
Silicon Valley Tech Tour travels throughout the Silicon Valley visiting various local tech companies on August 31-September 3.
August 28, 2015
16:18 EDTCSCOCisco CEO Charles Robbins adopts 10b5-1 trading plan
Subscribe for More Information
07:17 EDTJNPR, FFIV, CSCO, CIENCoomunication tech stock drop likely a buying opportunity, says Wells Fargo
Subscribe for More Information
August 26, 2015
17:16 EDTCIENEXFO Inc. names Philippe Morin as COO
EXFO Inc. (EXFO) announced that Philippe Morin will be joining the company as COO in early November. Morin, who has more than 25 years of experience in the telecommunications industry, will leave Ciena (CIEN) as Senior Vice-President of Worldwide Sales and Field Operations on October 31. Previously, he was Ciena's Senior Vice-President of the Global Products Group and held a number of leadership roles at Nortel Networks including President of Metro Ethernet Networks, Vice-President and General Manager of Optical Networks, as well as having held positions in sales, marketing and product management in North America and Europe.
10:00 EDTCIENOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:02 EDTCIENCiena says 5430 Packet Optical Platform being deployed by SK Telecom
Subscribe for More Information
06:47 EDTCIENCiena upgraded to Outperform from Market Perform at Raymond James
Subscribe for More Information
August 25, 2015
09:35 EDTCSCOActive equity options trading on open
Subscribe for More Information
August 24, 2015
14:21 EDTFFIVJMP Securities says pullback in Palo Alto a buying opportunity
Subscribe for More Information
August 21, 2015
12:13 EDTCSCO, JNPRBrocade soars after Q3 results top estimates
Subscribe for More Information
1 | 2 >>

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