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Stock Market & Financial Investment News

News Breaks
January 10, 2013
06:31 EDTFIO, NTAP, CSCOFusion-io should keep annual outlook despite weak Q2, says Piper Jaffray
Piper Jaffray said its channel checks this quarter indicate Fusion-io's (FIO) revenue could come in a bit softer than expected given a modest slowdown in enterprise and also at Apple (AAPL). However, Piper saw a number of positives in the quarter, including completion of the certification process at Cisco (CSC) and ramping demand from NetApp (NTAP). As such, the firm thinks Fusion-io should be able to reiterate its annual outlook of 45%-50% growth, despite a weak December quarter. Piper keeps an Overweight rating on Fusion-io with a $33 price target.
News For FIO;NTAP;CSCO From The Last 14 Days
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September 1, 2014
14:07 EDTCSCOCowen and Cisco to hold a conference call
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14:00 EDTCSCOCisco to hold a conference call
Vice President and General Manager-Computing Systems Perez discusses Cisco's new UCS innovations and portfolio expansion on a conference call to be held on September 4 at 12 pm. Webcast Link
11:13 EDTCSCOStephens to hold an investor trip
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August 31, 2014
13:27 EDTCSCOAT&T to hold a conference
16th Annual AT&T Cyber Security Conference will be held in New York on September 3-4 with webcast availability on September 4 at 9 am; Webcast Link
August 29, 2014
06:15 EDTCSCOCisco implied volatility of 13 at lower end of index mean range
August 27, 2014
12:13 EDTCSCOAruba Networks climbs after earnings beat prompts upgrades
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08:48 EDTCSCOAruba Networks upgraded to Overweight at Stephens
As previously reported, Stephens upgraded Aruba Networks (ARUN) to Overweight from Equal Weight and raised its price target on the stock to $25 from $22, citing the company's strong Q4 results and the firm's belief that Cisco (CSCO) has become increasingly less competitive over the last several quarters.
August 26, 2014
15:04 EDTNTAPNetApp extends alliance with VMware on cloud computing
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August 20, 2014
06:26 EDTCSCOCisco COO says annual layoffs 'wrong way to do it,' Business Insider reports
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August 19, 2014
11:05 EDTCSCOImperva seen as takeover candidate under new CEO
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08:42 EDTCSCOImperva new CEO has history of selling companies, says Sterne Agee
After Imperva (IMPV) appointed Anthony Bettencourt as its new CEO, Sterne Agee says that he has a history of selling companies. The firm believes that Imperva "would likely be an acquisition candidate" for a number of large tech companies such as Cisco (CSC), Juniper (JNPR), HP (HPQ), IBM (IBM), Check Point (CHKP), or F5 (FFIV). Sterne Agee believes that Imperva could be acquired for as much as $45 per share, and it keeps a Buy rating on the stock.

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