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Stock Market & Financial Investment News

News Breaks
March 6, 2014
10:49 EDTARNA, SPLK, CIEN, OVTI, SWYOptions with decreasing implied volatility: OVTI SPLK SWY CIEN ARNA
News For OVTI;SPLK;SWY;CIEN;ARNA From The Last 14 Days
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August 28, 2015
07:17 EDTCIENCoomunication tech stock drop likely a buying opportunity, says Wells Fargo
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August 27, 2015
18:52 EDTOVTI, SPLKOn The Fly: After Hours Movers
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16:51 EDTSPLKSplunk says signed seven figure order with social media company in Q2
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16:23 EDTOVTIOmniVision reports Q1 GAAP gross margin 22.6%
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16:22 EDTOVTIOmniVision sees Q2 adjusted EPS 25c-40c, consensus 45c
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16:21 EDTOVTIOmniVision reports Q1 adjusted EPS 46c, consensus 39c
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16:08 EDTSPLKSplunk signs more than 500 new customers in Q2
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16:07 EDTSPLKSplunk raises FY16 revenue view to $628M-$632M from $610M-$614M
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16:06 EDTSPLKSplunk sees Q3 revenue $158M-$160M, consensus $155.2M
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16:05 EDTSPLKSplunk reports Q2 adjusted EPS 3c, consensus 2c
Reports Q2 revenue $148.3M, consensus $140.31M.
14:58 EDTOVTI, SPLKNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Autodesk (ADSK), consensus 17c... ULTA Beauty (ULTA), consensus $1.12... Splunk (SPLK), consensus 2c... GameStop (GME), consensus 25c... Veeva (VEEV), consensus 11c... OmniVision (OVTI), consensus 39c... Aeropostale (ARO), consensus (55c).
August 26, 2015
17:16 EDTCIENEXFO Inc. names Philippe Morin as COO
EXFO Inc. (EXFO) announced that Philippe Morin will be joining the company as COO in early November. Morin, who has more than 25 years of experience in the telecommunications industry, will leave Ciena (CIEN) as Senior Vice-President of Worldwide Sales and Field Operations on October 31. Previously, he was Ciena's Senior Vice-President of the Global Products Group and held a number of leadership roles at Nortel Networks including President of Metro Ethernet Networks, Vice-President and General Manager of Optical Networks, as well as having held positions in sales, marketing and product management in North America and Europe.
10:00 EDTCIENOn The Fly: Analyst Upgrade Summary
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09:02 EDTCIENCiena says 5430 Packet Optical Platform being deployed by SK Telecom
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06:47 EDTCIENCiena upgraded to Outperform from Market Perform at Raymond James
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August 25, 2015
14:43 EDTOVTIOmniVision volatility elevated into Q1 and outlook
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08:20 EDTSPLKSplunk August weekly volatility elevated into Q2 and outlook
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August 24, 2015
09:19 EDTSPLKSplunk downgraded to Hold at Summit Research on expected tech correction
As previously reported, Summit Research analyst Srini Nandury downgraded Splunk to Hold from Buy. Nandury noted that the downgrade is not a call on the company's Q2 results, as he believes Splunk's momentum "continues unabated" and that its fundamentals are intact. However, the analyst tells investors this morning that he thinks tech stocks "are in for a major correction" and that "high flyers" like Splunk will see their multiples compress more than other tech names. Nandury cut his price target on Splunk shares to $50 from $84, stating that to remain at current levels, Splunk has to not only beat estimates "handily" but also must guide up "significantly."
09:18 EDTSPLKOn The Fly: Pre-market Movers
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08:10 EDTSPLKSplunk downgraded to Hold from Buy at Summit Research
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