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."
Juniper and Elliott in talks on board additions, WSJ says According to a Wall Street Journal report from Friday evening, Juniper Networks and activist investor Elliott Management are in discussions about adding new directors to Juniper's board in a move that may prevent a proxy fight. Elliott management which owns a 9% stake in the telephone equipment maker has suggested certain candidates which Juniper is evaluating, added the Wall Street Journal. Reference Link
Barclays to hold a conference Global Technology Conference is being held in San Francisco on December 9-10 with webcasted company presentations to begin on December 10 at 10:40 am; not all company presentations may be webcasted.Webcast Link