New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For LOW;TSN;BMTI;WMGI;ARUN;CSCO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | 4 | all recent news | >>
March 4, 2015
10:06 EDTARUNOptions with decreasing implied volatility
Subscribe for More Information
10:01 EDTARUNOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:11 EDTCSCOCisco expands resale agreements with Cloudera, Hortonworks and MapR
Subscribe for More Information
07:24 EDTCSCOGSMA to hold a conference
Subscribe for More Information
06:12 EDTCSCOStocks with implied volatility below IV index mean; MSFT CSCO
Subscribe for More Information
05:32 EDTARUNAruba Networks downgraded to In-Line from Outperform at Imperial Capital
Subscribe for More Information
March 3, 2015
11:50 EDTARUNAruba Networks downgraded to Equal Weight from Overweight at Stephens
Stephens cites the Aruba's (ARUN) deal to be acquired by HP (HPQ)
10:01 EDTARUNOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:54 EDTCSCOCisco participates in a conference call hosted by Oppenheimer
Subscribe for More Information
07:38 EDTARUNHP deal for Aruba Networks makes sense, says Brean Capital
Brean Capital said the HP (HPQ) deal for Aruba Networks (ARUN) is positive and makes sense as it will be accretive to earnings in the first year, it will add to HP's strategic offerings, and it should not impact HP's shareholder return profile. Brean Capital believes any weakness due to the acquisition would be a buying opportunity and reiterated its Buy rating and $45 price target on HP shares.
06:38 EDTARUNAruba Networks downgraded to Hold from Buy at Needham
Needham downgraded Aruba Networks to Neutral following the takeout by HP (HPQ).
06:38 EDTARUNAruba Networks downgraded to Hold from Buy at Stifel
Subscribe for More Information
06:37 EDTARUNAruba Networks downgraded to Market Perform from Outperform at Raymond James
Raymond James downgraded Aruba Networks to Neutral following the takeout by HP (HPQ).
06:37 EDTARUNAruba Networks downgraded to Neutral from Outperform at Macquarie
Macquarie downgraded Aruba Networks to Neutral following the takeout by HP (HPQ).
05:56 EDTCSCOStocks with implied volatility below IV index mean; MSFT CSCO
Subscribe for More Information
05:25 EDTCSCOCisco, Telecom Italia announce intent to enter cloud services agreement
Subscribe for More Information
March 2, 2015
17:57 EDTARUNHP says Aruba Networks deal has $90M termination fee
The Merger Agreement contains specified termination rights for HP (HPQ) and Aruba (ARUN), including in the event that the Merger is not consummated by February 28, 2016. Aruba will be required to pay HP a $90M termination fee in the event that the Merger Agreement is terminated by HP following a change of recommendation by Aruba’s board of directors or if Aruba terminates the Merger Agreement to enter into an agreement with respect to a proposal from a third party that is superior to HP’s, in each case, as is more particularly described in the Merger Agreement. Under certain additional circumstances described in the Merger Agreement, Aruba will also be required to pay HP a termination fee of $90M if the Merger Agreement is terminated and, within twelve months following such termination, Aruba enters into an agreement for a business combination transaction of the type described in the relevant provisions of the Merger Agreement, or such a transaction is consummated.
14:42 EDTARUNAruba Networks downgraded to Neutral from Buy at SunTrust
Subscribe for More Information
12:40 EDTARUNAruba Networks downgraded to Neutral from Overweight at Piper Jaffray
Subscribe for More Information
10:06 EDTARUNOptions with decreasing implied volatility
Subscribe for More Information
09:54 EDTARUNHP has areas of need more pressing than networking, says Cantor
Subscribe for More Information
09:34 EDTARUNActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL MNTA CELG TSLA MCD ARUN GILD KO TWTR NFLX
09:22 EDTARUNOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Amira Nature Foods (ANFI), up 8.6%... Stratasys (SSYS), up 3.6%... Magnum Hunter (MHR), up 3%. ALSO HIGHER: Mavenir Systems (MVNR), up 19.1% after Mitel (MITL) agrees to acquire Mavenir Systems for $560M... Athersys (ATHX), up 19.7% following license agreement and collaboration with Chugai... OHR Pharmaceutical (OHRP), up 11.4% following additional positive data from OHR-102 IMPACT study... NXP Semiconductors (NXPI), up 14% following merger agreement with Freescale Semiconductor (FSL). Freescale Semiconductor is up 9.1%... Mast Therapeutics (MSTX), up 7.7% following positive results from Vepoloxamer study. DOWN AFTER EARNINGS: JinkoSolar (JKS), down 4.7%... Scorpio Tankers (STNG), down 4.5%. ALSO LOWER: Lumber Liquidators (LL), down 24.2% following CBS' 60 Minutes says that the company is linked to health and safety violations... Aruba Networks (ARUN), down 1.7% after HP (HPQ) confirms deal to acquire Aruba Networks for $24.67... Pacira Pharmaceuticals (PCRX), down 14.4% after receiving complete response letter from FDA for sNDA in use of Exparel... 500.com (WBAI), down 14.4% after announcing that temporary suspension will adversely impact financial results.
08:37 EDTARUNAruba Networks volatility elevated into HP acquiring for $3B
Subscribe for More Information
08:36 EDTARUNHP confirms deal to acquire Aruba Networks for $24.67 per share
HP (HPQ) confirmed it has reached a definitive agreement to acquire Aruba Networks (ARUN), a provider of network access solutions for the mobile enterprise, for $24.67 per share in cash. The equity value of the transaction is approximately $3B, and net of cash and debt approximately $2.7B. HP and Aruba believe that by combining complementary product portfolios and go-to-market approaches they will be able to accelerate revenue growth and strengthen the financial performance of the combined HP Networking business, and create a leading competitor in the $18 billion and growing campus networking sector. Overall, HP expects the acquisition to be accretive to earnings in the first full year following close. The transaction is expected to close in the second half of HP's fiscal year 2015. Bloomberg first reported on February 25 that Aruba Networks was in talks to be acquired by Hewlett-Packard. Craig-Hallum said after Bloomberg's report that Ruckus Wireless (RKUS) would remain a likely takeout target if HP acquired its competitor Aruba. Aruba Network shares are down 2% in pre-market trading after the deal was confirmed, while Ruckus shares are fractionally higher.
08:34 EDTARUNHP sees Aruba Networks acquisition accretive to earnings in first full year
Subscribe for More Information
08:32 EDTARUNHP to acquire Aruba Networks for $24.67 per share in cash
Subscribe for More Information
08:31 EDTARUNHP to acquire Aruba Networks for $24.67 per share in cash
Subscribe for More Information
06:18 EDTCSCOStocks with implied volatility below IV index mean; MSFT CSCO
Subscribe for More Information
February 27, 2015
16:22 EDTARUNStocks have another winning week after Greek deal, Yellen reassurance
Stocks ended higher this week after the euro zone sealed its deal to extend Greece's bailout and Fed chair Janet Yellen reiterated that the central bank would take a patient approach to raising interest rates. MACRO NEWS: Last Friday afternoon, Greece reached a framework deal with its euro zone partners to extend its bailout by four months, contingent on a reform proposal being accepted. The proposals were accepted by the EU early this week... In testimony before Congress, Janet Yellen reiterated that the Federal Reserve can remain patient in deciding when to hike interest rates... U.S. economic data was mixed, as the Q4 GDP growth revision, durable goods orders for January, and an index of consumer sentiment beat expectations, but weekly jobless claims and existing home sales for January missed expectations... Somewhat positive economic data came out of China, as the flash HSBC/Markit Purchasing Managers' Index was 50.1, representing a four month high. However, China's export orders declined at the fastest rate in 20 months. COMPANY NEWS: Drug maker Valeant (VRX) agreed to buy Salix (SLXP), which develops gastrointestinal products, for $158 per share. In another development on the M&A front, Bloomberg reported that HP (HPQ) is in talks to make its biggest acquisition in several years by potentially acquiring Aruba Networks (ARUN), which provides Wi-Fi products. Additionally, PTC Therapeutics (PTCT) rose after Reuters said the company is working with financial advisers to explore a potential sale after receiving takeover interest from several companies including Shire (SHPG) and BioMarin (BMRN)... Solar energy company SunPower (SPWR) was one of this week's big winners after its quarterly results topped expectations, and the company announced that it's in advanced talks to form a joint YieldCo vehicle with peer First Solar (FSLR). First Solar also rallied after the news... Among the noteworthy losers this week was Lumber Liquidators (LL), after the company reported Q4 earnings per share and revenue that missed consensus expectations. The flooring retailer also warned on its associated call that an upcoming "60 Minutes" piece may cast the company in an unfavorable light and disclosed in its annual report that the Department of Justice indicated in recent communications that it is contemplating seeking criminal charges under the Lacey Act... Companies that rose after reporting their quarterly results included Home Depot (HD) and Gap (GPS), while HP, TASER (TASR), and J.C. Penney (JCP) dropped after reporting their results. INDEXES: For the week, the Dow was down 0.04% to 18,132.70, the Nasdaq was up 0.15% to 4,963.53, and the S&P 500 was down 0.27% to 2,104.50.
February 26, 2015
18:43 EDTARUNOn The Fly: After Hours Movers
Subscribe for More Information
17:43 EDTARUNAruba Networks sees Q3 EPS 26c-30c, consensus 27c
Sees Q3 revenue $208M-$218M, consensus $215.72M. Guidance provided during Q2 earnings conference call.
16:12 EDTARUNAruba Networks reports Q2 EPS 30c, consensus 27c
Reports Q2 revenue $212.9M, consensus $210.22M.
15:30 EDTARUNNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Monster Beverage (MNST), consensus 59c... Ross Stores (ROST), consensus $1.11... Gap (GPS), consensus 74c... Autodesk (ADSK), consensus 24c... Universal Health Services (UHS), consensus $1.50... Southwestern Energy (SWN), consensus 50c... Ensco (ESV), consensus $1.36... J.C. Penney (JCP), consensus 11c... Nimble Storage (NMBL), consensus (14c)... Herbalife (HLF), consensus $1.22... Allscripts Healthcare (MDRX), consensus 9c... SBA Communications (SBAC), consensus 2c... Aruba Networks (ARUN), consensus 27c... Splunk (SPLK), consensus 4c... Air Lease (AL), consensus 61c... Ingram Micro (IM), consensus 99c... Weight Watchers (WTW), consensus 7c... Northern Oil and Gas (NOG), consensus 19c... Envision Healthcare (EVHC), consensus 36c... Infoblox (BLOX), consensus 5c... Live Nation (LYV), consensus (41c)... OmniVision (OVTI), consensus 29c... Bonanza Creek Energy (BCEI), consensus 27c.
10:56 EDTARUNOptions with increasing implied volatility
Subscribe for More Information
10:20 EDTARUN, CSCORuckus Wireless will be in play if HP acquires Aruba, says Craig-Hallum
Craig-Hallum said Ruckus Wireless (RKUS) remains a likely takeout target following reports Hewlett-Packard (HPQ) may acquire competitor Aruba Networks (ARUN). Analyst Tony Stoss said if Hewlett is looking at Aruba, it should absolutely look at Buy rated Ruckus, which would also pressure Cisco (CSCO) to take a hard look at the company. Stoss says Ruckus has superior technology and exposure to the high growth service provider market with numerous catalysts ahead to drive shares higher.
09:18 EDTARUNAruba Networks could be acquired for $28 per share, says SunTrust
Subscribe for More Information
08:34 EDTLOWLowe's price target raised to $82 from $70 at Argus
Subscribe for More Information
08:13 EDTLOWLowe's price target raised to $83 from $75 at UBS
Subscribe for More Information
07:17 EDTARUNAruba would seek takeover price of $23-$27 per share, says JMP Securities
Subscribe for More Information
February 25, 2015
17:50 EDTWMGIWright Medical sees FY15 adjusted EPS ($1.67)-($1.77), consensus (95c)
Subscribe for More Information
17:48 EDTWMGIWright Medical reports Q4 adjusted EPS (25c), consensus (27c)
Reports Q4 revenue $83.3M, consensus $84.01M.
16:38 EDTARUNOn The Fly: Closing Wrap
The Wall Street averages had a relatively quiet open and remained in a tight range for most of the session. The market moved to the high end of its range by mid-afternoon, which pushed the Dow and S&P to new highs and the Nasdaq ever closer to its 5,000 level. There was little momentum behind the move and the averages eventually faded, closing nearly unchanged for the session. ECONOMIC EVENTS: In the U.S., new home sales slipped 0.2% to a 481K annual pace in January, which was better than the expected 2.3% decline to a 471K rate. The DOE petroleum inventory report showed crude stockpiles grew by 8.4M barrels in the week of February 20, versus expectations for a 4M barrel increase. In China, HSBC and Markit's flash purchasing managers' index for February came in at 50.1, which was above the consensus outlook of 49.7 and represented a four month high. COMPANY NEWS: Shares of Hewlett-Packard (HPQ) dropped $3.82, or 9.92%, to $34.67 after the PC, printer and server maker reported lower than expected Q1 revenue and cut its FY15 EPS view and free cash flow outlook, citing separation costs and foreign exchange headwinds. However, analysts at Citigroup, Bernstein, and Brean Capital all recommended buying the stock on weakness in separate notes to investors today. Later in the day, Bloomberg reported, citing sources, that HP is in talks to make its biggest acquisition in several years by potentially acquiring Aruba Networks (ARUN), sending shares of the WiFi equipment maker up $3.86, or 21.0%, to $22.24. Shares of Aruba competitor Ruckus Wireless (RKUS) also gained 66c, or 5.89%, to $11.86 after Bloomberg's report on potential M&A in their space... Chesapeake Energy (CHK) slid $1.90, or 9.56%, to $17.98 after reporting worse than expected earnings amid the recent plunge in energy prices and announcing lower capital spending plans for 2015. MAJOR MOVERS: Among the notable gainers was Benefitfocus (BNFT), which jumped $10.85, or 47.24%, to $33.82 after reporting Q4 earnings and disclosing that Marsh & McLennan (MMC) subsidiary Mercer took a 9.9% stake in the company. Also higher was SFX Entertainment (SFXE), which gained $1.09, or 29.46%, to $4.79 after the company’s Chairman and CEO, Robert Sillerman, offered to acquire all of the outstanding shares of common stock of the company not already owned by him for $4.75 per share in cash. SFX Entertainment confirmed that it received the proposal and established a special committee to review and negotiate the nonbinding offer. Among the noteworthy losers was Lumber Liquidators (LL), which plunged $18.15, or 26.39%, to $50.63 after reporting Q4 earnings per share and revenue that missed consensus expectations, warning on its associated call that an upcoming "60 Minutes" piece may cast the company in an unfavorable light, and disclosing in its annual report that the Department of Justice indicated in recent communications that it is contemplating seeking criminal charges under the Lacey Act. Also lower following their earnings reports were shares of Republic Airways (RJET), which fell $2.17, or 14.49%, to $12.81, and LendingClub (LC), which dropped $3.14, or 13.28%, to $20.51. INDEXES: The Dow added 15.38, or 0.08%, to 18,224.57, the Nasdaq slipped 0.98, or 0.02%, to 4,967.14, and the S&P 500 dropped 1.62, or 0.08%, to 2,113.86.
15:59 EDTARUNAruba Networks moderates after extreme price swings on HP bid news
It was reported by Bloomberg near 3pm ET that Hewlett-Packard (HPQ) was in talks to buy the company. The shares remain up over 20% to $22.13 after hitting an intraday high at $23.49, close to the 52-week high at $23.90. The low to watch as support is at $21.07, the top of the intraday price gap.
15:40 EDTARUNAruba Networks a strong takeout candidate, says Northland
Subscribe for More Information
15:08 EDTARUNRuckus Wireless up 5.5% after report of peer Aruba Networks in takeout talks
15:07 EDTARUNAruba Networks in talks to be acquired by Hewlett-Packard, Bloomberg says
Subscribe for More Information
15:04 EDTARUNAruba Networks jumps 10.5%, halted after report on HP takeover talks
Subscribe for More Information
15:03 EDTARUNAruba Networks in talks to be bought by Hewlett-Packard, Bloomberg says
09:53 EDTCSCOCredit Suisse technology analysts hold an analyst/indusr
Analysts provide takeaways from Qualcomm, Cisco and Arista Networks on an Analyst/Industry conference call to be held on February 25 at 10 am.
09:25 EDTCSCOCisco, Apple among U.S. names cut from China state buying list, Reuters says
Subscribe for More Information
09:24 EDTLOWLowe's expects to report highest comp for FY15 in Q1
Expects higher comps in 1H15 than 2H15. Comments taken from Q4 earnings conference call.
09:18 EDTLOWLowe's expects jobs, incomes, household financial conditions to improve in 2015
The company said key drivers of home improvement spending are real disposable personal income, employment, home prices and housing turnover. It expects stronger income gains, historically low mortgage rates, and moderating home price growth will provide more support to home buying in 2015. Comments taken from slides for Q4 earnings conference call.
08:47 EDTLOWLowe's: Momentum, macro fundamentals aligned for 2015 modestly stronger growth
06:03 EDTLOWLowe's sees FY15 EPS $3.29, consensus $3.28
Sees FY15 total sales to increase 4.5%-5%, consensus $58.52B; Sees FY15 comparable sales to increase 4%-4.5%. The company expects to open 15-20 home improvement and hardware stores in 2015. Sees FY15 earnings before interest and taxes as a percentage of sales to increase 80 to 100 basis points. Sees FY15 effective income tax rate to be approximately 38.1%.
06:02 EDTLOWLowe's reports Q4 EPS 46c, consensus 44c
Subscribe for More Information
February 24, 2015
15:21 EDTLOWNotable companies reporting before tomorrow's open
Subscribe for More Information
12:58 EDTLOWEarnings Preview: Lowe's up over 17% since last earnings report
Subscribe for More Information
February 23, 2015
07:51 EDTLOWLowe's March volatility elevated into Q4 and outlook
Subscribe for More Information
February 22, 2015
18:09 EDTCSCOArista Networks shares could be a bargain, Barron's says
Subscribe for More Information
February 19, 2015
14:38 EDTTSNGovernment panel continues to recommend lean meat, Bloomberg says
Subscribe for More Information
<< 1 | 2 | 3 | 4 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use