New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 29, 2014
06:12 EDTJNPR, PANWPalo Alto settlement with Juniper better than expected, says Deutsche Bank
Deutsche Bank says Palo Alto's (PANW) $175M settlement with Juniper (JNPR), which included no royalty fee, was "considerably" better than buy-side expectations, which it pegs at a $500M payment and a 2%-3% royalty. Deutsche believes Palo Alto's investment case is "materially de-risked" following the positive settlement news and it raised its price target for shares to $95 from $90. Deutsche has a Buy rating on the stock.
News For PANW;JNPR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 >>
November 24, 2015
09:37 EDTPANWActive equity options trading on open
Active equity options trading on open: AAPL FB BAC DIS NFLX X YNDX GILD PANW SUNW
08:31 EDTPANWPalo Alto remains a top pick in software, says Cowen
Subscribe for More Information
07:33 EDTPANWPalo Alto Q3 results an all-around strong print, says UBS
Subscribe for More Information
07:26 EDTPANWPalo Alto price target raised to $210 from $190 at Pacific Crest
Subscribe for More Information
07:16 EDTPANWPalo Alto price target raised to $200 from $190 at Stephens
Subscribe for More Information
05:51 EDTPANWPalo Alto results should help restore confidence, says JPMorgan
Subscribe for More Information
November 23, 2015
20:08 EDTPANWOn The Fly: After Hours Movers
UP AFTER EARNINGS: Copart (CPRT), up 4.9%... Dycom (DY), up 4.6%... Palo Alto Networks (PANW), up 3.9%... Baozun (BZUN), up 6.7%. ALSO HIGHER: Xerox (XRX), up 6.7% after Carl Icahn reported a 7.13% stake in the company... Valeant (VRX), up 3.7% after Pershing Square increases stake in Valeant Pharmaceuticals to 9.9%. DOWN AFTER EARNINGS: Brocade (BRCD), down 5.5%... Ceres (CERE), down 10.3%... YY Inc. (YY), down 3.6%. ALSO LOWER: J.M. Smucker (SJM), down marginally after filing to sell 3.86M shares of common stock for holders.
16:05 EDTPANWPalo Alto sees Q2 EPS 38c-39c, consensus 38c
Sees Q2 revenue $314M-$318M, consensus $310.58M.
16:04 EDTPANWPalo Alto reports Q1 EPS 35c, consensus 32c
Subscribe for More Information
15:41 EDTPANWPalo Alto November weekly 172.5 straddle priced for 6.7% movement into Q1
Subscribe for More Information
15:28 EDTPANWNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Palo Alto (PANW), consensus 32c... Copart (CPRT), consensus 43c... Brocade (BRCD), consensus 24c... Post Holdings (POST), consensus 29c... YY (YY), consensus 82c... Dycom (DY), consensus $1.01... Cubic (CUB), consensus 96c... Enanta (ENTA), consensus 15c.
14:11 EDTPANWPalo Alto technical comments before earnings
The shares have recently completed a double bottom pattern, leaving them near the top of the recent trading range. That trading range is defined by a low at $150 and a high at $175. If the news is strongly bullish, a move above the top of the trading range would seem probable. Resistance levels to watch above $175 are at $178.74, $181.10, and $185.50. If the news is a negative disappointment, support levels to watch as potential downside objectives are at $167.28, $163.59, and 158.61.
07:25 EDTPANWPalo Alto volatility elevated into Q1 and outlook
Palo Alto November weekly call option implied volatility is at 68, December is at 47; compared to its 52-week range of 27 to 66, suggesting large near term price movement into the expected release of Q1 results on today.
November 20, 2015
15:22 EDTPANWPalo Alto volatility elevated into Q1 and outlook
Subscribe for More Information
November 19, 2015
07:15 EDTPANWPalo Alto Fortinet seen as potential Cisco takeover targets, says Oppenheimer
Subscribe for More Information
November 17, 2015
08:05 EDTPANWPalo Alto volatility elevated into Q1 and outlook
Palo Alto November call option implied volatility is at 43, November weekly is at 69, December is at 54, January is at 46; compared to its 52-week range of 27 to 66, suggesting large near term price movement into the expected release of Q1 results on November 23.
07:42 EDTPANWPalo Alto checks point to above-consensus Q1 results, says Stephens
Subscribe for More Information
07:37 EDTPANWPalo Alto results should beat expectations, says RBC Capital
Subscribe for More Information
November 12, 2015
13:24 EDTJNPREarnings Watch: Cisco seeks to break out of trading rut with Q1 report
Cisco Systems (CSCO) is scheduled to report results of its fiscal first quarter after the market close on Thursday, November 12 with a conference call scheduled for 4:30 pm ET. Cisco, a member of the Dow Jones Industrial Average, sells Internet protocol-based networking and other products related to the communications and IT industry and provides related services. EXPECTATIONS: Analysts are looking for earnings per share of 56c on revenue of $12.65B, according to First Call. The consensus range for EPS is 55c-59c on revenue of $12.55B-$12.81B. Along with its quarterly report, Cisco guided to Q1 EPS of 55c-57c and said it expects its revenue to increase 2%-4% year over year. LAST QUARTER: On August 12, Cisco reported fourth quarter EPS of 59c on revenue of $12.8B, beating consensus estimates of 56c and $12.65B for EPS and revenue, respectively. NEWS: On its Q4 earnings conference call, Cisco said that it was looking at acquisitions at the right price, particularly in areas like software and security. On August 31, Apple (AAPL) and Cisco announced a partnership to build a "fast lane" for iOS business users by optimizing Cisco networks for iOS devices and apps, integrating iPhone with Cisco enterprise environments and providing unique collaboration on iPhone and iPad. The next day, Cisco was among multiple other companies, including Amazon (AMZN), Google (GOOG), Intel (INTC), Microsoft (MSFT), Mozilla, and Netflix (NFLX), announcing the formation of the Alliance for Open Media to build next-generation media formats, codecs, and technologies in the public interest. On September 3, Business Insider reported that people at Cisco still though that chairman John Chambers was running the show as chief executive officer after appointing Chuck Robbins to that role last May. On September 15, Mandiant, a FireEye (FEYE) subsidiary, said in a blog post that researchers discovered previously unknown attacks on certain routers and that such attacks replace the operating system used in Cisco equipment. About a week later, the Wall Street Journal reported that Cisco was aiming to strengthen its business in China by joining forces with Inspur group, a move which was confirmed on September 24. On October 29, Cisco announced its intention to acquire 1 Mainstream. CNBC later reported that the company paid $100M-$150M to acquire 1 Mainstream. On November 9, Ericsson (ERIC) and Cisco announced a global business and technology partnership to "create the networks of the future." The companies said that the strategic partnership will be a key driver of growth and value for the next decade, with each company benefiting from incremental revenue in calendar year 2016 and expected to ramp to $1B or more for each by 2018. STREET RESEARCH: On August 17, Morgan Stanley downgraded Cisco to Equal Weight from Overweight and maintained a $30 price target on the stock, saying it did not believe improved growth is "secular" and anticipates growth will revert to GDP like levels as the upgrade cycle concludes. Wells Fargo said on August 28 that a 10% selloff in communication tech stocks, including Cisco, had created an attractive buying opportunity. Bernstein said a week later that Cisco, Juniper (JNPR), and F5 Networks (FFIV) should be bought on wider macro economic weakness. On October 6, Citi initiated coverage of Cisco with a Buy rating and $30 price target. A week later, Barclays initiated coverage of Cisco with an Overweight rating and a $32 price target. On November 9, RBC Capital maintained an Outperform rating and $33 price target on Cisco, saying it expects the company to report slightly better than expected results. The next day, SunTrust maintained a Buy rating on Cisco, saying its partnership with Ericsson was a positive and should strengthen Cisco's service provider business. PRICE ACTION: In afternoon trading ahead of tonight's report, Cisco shares were up 0.5% to $27.97. In the last three months, Cisco shares are fractionally higher and virtually unchanged when discounting this afternoon's slight rise.
08:01 EDTJNPRJuniper names Kevin Walker as Security Chief Technology Officer
Subscribe for More Information
1 | 2 >>

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