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Stock Market & Financial Investment News

News Breaks
June 9, 2014
08:47 EDTHIVE, ARUNAerohive Networks outlook has improved, says JMP Securities
After meeting with Aerohive's (HIVE) management, JMP Securities thinks the company has several positive catalysts, including efforts by school districts to increase Wi-Fi coverage,growing international interest, and a strong start for Aruba's (ARUN) new 802.11AC access point. The firm reiterates a $14 price target and Outperform rating on Aerohive.
News For HIVE;ARUN From The Last 14 Days
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July 16, 2014
17:23 EDTHIVEAerohive Networks initiated with a Buy at Buckingham
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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.
July 8, 2014
08:46 EDTARUNAruba Networks price target lowered to $23 from $28 at RBC Capital
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