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News Breaks
July 30, 2014
10:00 EDTRKUS, NEP, NTGR, CRAY, HIVEOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Aerohive Networks (HIVE) initiated with an Outperform at Pacific Crest... Cray (CRAY) coverage assumed with a Buy at Needham... Netgear (NTGR) initiated with a Sector Perform at Pacific Crest... NextEra Energy Partners (NEP) initiated with a Market Perform at Wells Fargo... Ruckus Wireless (RKUS) initiated with an Outperform at Pacific Crest.
News For HIVE;CRAY;NTGR;NEP;RKUS From The Last 14 Days
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October 30, 2014
07:58 EDTRKUSRuckus Wireless upgraded to Equal Weight from Underweight at Morgan Stanley
Morgan Stanley upgraded Ruckus Wireless to Equal Weight and maintained its $13 price target. The firm expects an in-line quarter and said service provider spending has remains strong.
October 29, 2014
12:02 EDTNTGRNetgear to host analyst day
Analyst Day to be held in San Francisco on November 5 at 12 pm. Webcast Link
09:39 EDTRKUSRuckus to provide routers for Google small business Wi-Fi program, GigaOM says
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09:05 EDTHIVEAerohive clarifies Wi-Fi infrastructure donated in support of Apple program
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October 28, 2014
16:19 EDTCRAYCray sees 2015 revenue growing, ramping quarterly
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16:18 EDTCRAYCray sees 2014 revenue around $600M, consensus $600.47M
Cray said "a wide range of results remains possible for 2014. A significant portion of our expected fourth quarter revenue is dependent on several large systems which are currently anticipated to be accepted late in the fourth quarter. These acceptances are complex with much work left to do. Assuming successful acceptance of these systems, the Company anticipates revenue to be in the range of $600 million for the year. Non-GAAP gross margin for 2014 is anticipated to be in the 33-34% range. Total non-GAAP operating expenses for the year are anticipated to be about $175 million. Based on this outlook, the Company expects to be profitable on both a GAAP and non-GAAP basis for 2014."
16:17 EDTCRAYCray reports Q3 EPS 25c, consensus (1c)
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16:08 EDTHIVEAerohive today's $50M market cap addition is too much, says at Northland
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13:50 EDTHIVEAerohive up nearly 25% to $6.04 following Wi-Fi agreement with Apple
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13:48 EDTHIVEAerohive Networks selected by Apple to provide Wi-Fi for ConnectED initiative
Aerohive Networks (HIVE) announced it will provide the Wi-Fi infrastructure to support Apple’s (AAPL) $100M contribution to ConnectED. Aerohive’s next-generation networking solutions will enable connectivity for Apple devices and supporting content, providing teachers a new set of tools to engage and inspire their students. Aerohive is the only Wi-Fi infrastructure company working with Apple on this initiative.
October 27, 2014
19:04 EDTCRAYCray awarded $128M Supercomputer contract from the UK Met Office
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October 23, 2014
16:32 EDTNTGRNetgear sees Q4 revenue $335M-$350M, consensus $362.63M
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16:09 EDTNTGRNetgear reports Q3 EPS 72c, consensus 61c
Reports Q3 revenue $353.3M, consensus $352.51M.
10:01 EDTNTGROn The Fly: Analyst Initiation Summary
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06:41 EDTNTGRNetgear initiated with a Neutral at Buckingham
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October 22, 2014
11:29 EDTCRAYCray management to meet with Sterne Agee
Group dinner to be held in San Francisco on October 29 hosted by Sterne Agee.
October 17, 2014
14:22 EDTNEPNextEra Energy upgraded to Outperform from Peer Perform at Wolfe Research

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