Juniper says 2015 operating margin target 25% Juniper in stockholder meeting conference presentation slides said enhanced efficiency results in a 25% operating margin target for 2015, roughly a 580 basis point improvement versus 2013. The company sees returning at least $3B of capital to stockholders over the next three years. It said its headcount reduction of 6% is largely complete and "significantly focused on management positions." Juniper reiterated a 10c per share quarterly dividend is commencing in Q3, with "intention to grow over time."
UBS to hold a conference Global Technology Conference to be held in Sausalito, California on November 18-20 with webcasted company presentations to begin on November 19 at 10:45 am; not all company presentations may be webcasted.Webcast Link
Juniper says 'customer' noted in CEO change in good standing On November 10, the company announced that Rami Rahim had been named CEO after Shaygan Kheradpir resigned as CEO and director of the company. The company said his resignation followed a review by the board of his leadership and his conduct in connection with a particular negotiation with a customer.