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Stock Market & Financial Investment News

News Breaks
July 22, 2014
13:25 EDTJNPR, PANWEarnings Preview: Juniper sahres rise ahead of Q2 earnings report
Juniper Networks (JNPR) is scheduled to report second quarter earnings after the market close on Tuesday, July 22, with a conference call scheduled for 5:00 pm ET. Juniper Networks designs and sells network infrastructure solutions for service providers and enterprise customers. EXPECTATIONS: Analysts are looking for EPS of 38c on revenue of $1.22B, according to First Call. The consensus range for EPS is 36c-39c on revenue of $1.20B-$1.24B. In its first quarter earnings release, the company said it sees Q2 adjusted EPS of 36c-39c on revenue of $1.2B-$1.23B, and both of those forecasts were in-line with estimates. LAST QUARTER: On April 22, Juniper reported Q1 adjusted EPS of 29c which matched estimates and revenue of $1.17B against expectations for $1.15B. NEWS: Juniper announced that it has entered into a settlement agreement with Palo Alto Networks (PANW) which resolved patent litigation between the two companies. Under the terms of the settlement, Palo Alto Networks made one-time payment to Juniper Networks of $75M in cash and $100M in shares of common stock and warrants to purchase common stock. With this settlement, Juniper Networks and Palo Alto Networks planned to dismiss all patent litigation pending in Delaware and California. RESEARCH: After news that Juniper settled a patent litigation agreement with Palo Alto on May 29, UBS said Juniper's $175M settlement is a positive as it allows the company to focus on its IPO and deliver on profitability targets. The firm gave shares a Buy rating. Oppenheimer said the deal would enable Juniper to focus more intently on its Integrated Operating Plan and free up some of its resources. The firm thinks the deal will raise Juniper's EPS by about 1c per quarter. It keeps an Outperform rating on Juniper. Deutsche Bank and Janney Capital echoed positive opinions about the news. Mizuho downgraded Juniper to Neutral from Buy on June 19, but on June 30, Cantor said that it believes the company's Integrated Operating Plan has longer term implications. After the company's stock fell 15% from its 2014 peak, the firm feels that the shares can rebound significantly from current levels. It maintained a $32 price target and Buy rating on the shares. PRICE ACTION: Since Juniperís Q1 report, shares of the company fell 1.38%. In afternoon trading ahead of its Q1 report, Juniper is up 2.2% to $24.99.
News For JNPR;PANW From The Last 14 Days
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October 23, 2014
16:14 EDTJNPRJuniper down 6.5% after reporting Q3 results
16:14 EDTJNPRJuniper sees FY15 operating expenses $1.9B plus or minus $25M
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16:13 EDTJNPRJuniper sees Q4 adjusted EPS 28c-32c, consensus 41c
Sees Q4 revenue $1.03B-$1.08B, consensus $1.18B. Sees non-GAAP gross margins approximately 64%, plus or minus 0.5%.
16:12 EDTJNPRJuniper reports Q3 EPS 36c, consensus 35c
Reports Q3 revenue $1.13B, consensus $1.13B.
16:11 EDTJNPRJuniper approves $1.1B increase to share repurchase authorization
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15:30 EDTJNPRNotable companies reporting after market close
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13:57 EDTJNPREarnings Preview: Juniper sees Q3 EPS 34c-36c on revenue of $1.11B-$1.12B
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12:49 EDTJNPRJuniper Seagate weekly volatility increases into Q3 and outlook
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11:29 EDTJNPRJuniper to host investor day
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11:25 EDTPANWInternet security names climb after Check Point, Fortinet beat expectations
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October 22, 2014
06:44 EDTPANWU.S. weighing cybersecurity requirements for bank vendors, NY Times says
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October 21, 2014
07:30 EDTPANWPalo Alto price target raised to $115 from $100 at Oppenheimer
Oppenheimer raised its price target for Palo Alto Networks shares to $115 after meeting with management and reiterates an Outperform rating on the stock. The firm thinks shares can continue to move higher as the company's fundamentals remain intact.
October 14, 2014
18:20 EDTPANWOn The Fly: After Hours Movers
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17:41 EDTPANWPalo Alto CEO sees reaching operating margins goal within next two years
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17:39 EDTPANWPalo Alto CEO not concerned about margins
17:37 EDTPANWPalo Alto CEO says customers more thoughtful about purchases
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October 13, 2014
10:08 EDTJNPROn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Bankrate (RATE) downgraded to Equal Weight from Overweight at Stephens... CME Group (CME) downgraded to Market Perform from Outperform at Wells Fargo... Cliffs Natural (CLF) downgraded to Neutral from Overweight at JPMorgan... Dana Holding (DAN) downgraded to Sector Perform from Outperform at RBC Capital... Darden (DRI) downgraded to Neutral from Overweight at Piper Jaffray... Dover (DOV) downgraded to Neutral at RW Baird... DryShips (DRYS) downgraded to Underperform from Outperform at Imperial Capital... Infineon (IFNNY) downgraded to Neutral from Overweight at JPMorgan... J.C. Penney (JCP) downgraded to Sell from Neutral at UBS... Johnson Controls (JCI) downgraded to Outperform from Top Pick at RBC Capital... Juniper (JNPR) downgraded to Hold from Buy at Argus... Kennametal (KMT) downgraded to Market Perform from Outperform at Wells Fargo... Masco (MAS) downgraded to Equal Weight from Overweight at Barclays... New Gold (NGD) downgraded to Neutral from Overweight at JPMorgan... ON Semiconductor (ONNN) downgraded to Sector Perform from Outperform at Pacific Crest... PBF Energy (PBF) downgraded to Underweight from Equal Weight at Barclays... Parker-Hannifin (PH) downgraded to Market Perform from Outperform at Wells Fargo... STMicroelectronics (STM) downgraded to Neutral from Overweight at JPMorgan... Silicon Laboratories (SLAB) downgraded to Sector Perform at Pacific Crest... VOXX International (VOXX) downgraded to Market Perform from Outperform at Cowen.
09:23 EDTJNPRHP could buy lower valuation company, says Bernstein
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07:23 EDTJNPRJuniper downgraded to Hold from Buy at Argus
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October 12, 2014
17:34 EDTPANWJPMorgan to double spending on cybersecurity over next five years, WSJ says
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