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Stock Market & Financial Investment News

News Breaks
January 11, 2013
06:05 EDTPKTProcera Networks reports inducement grants
Procera Networks announced that in association with its January 9 acquisition of Vineyard Networks and in accordance with NASDAQ Marketplace Rule 5635(c)(4), Procera has granted options to purchase shares of its common stock to 34 employees of Vineyard who are now joining Procera. On January 9, Procera granted options to purchase an aggregate of 412,000 shares of Procera common stock as inducements material to the 34 Vineyard employees entering into employment with Procera. Each of the options has an exercise price equal to $17.77, the closing price of Procera's common stock as reported on the NASDAQ Global Select Market on the date of the grant. One quarter of each option will vest on the one-year anniversary of the grant date, and 1/48th will vest each month thereafter for the following 36 months, subject to the employee's continued service relationship with Procera.
News For PKT From The Last 14 Days
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January 27, 2015
10:00 EDTPKTOn the Fly: Analyst Downgrade Summary
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05:52 EDTPKTProcera Networks downgraded to Market Perform from Outperform at Raymond James
Raymond James downgraded Procera Networks to Market Perform due to recent share out-performance.
January 23, 2015
14:56 EDTPKTProcera Networks jumps after report of launching sale exploration
Procera Networks shares are up 3.6% to $9.01 in afternoon trading after The Deal said the company has bowed to activist pressure and has hired Stifel to help it explore a potential sale. The Deal previously reported that Procera could get $12 per share or more in an auction.
14:53 EDTPKTProcera Networks hires Stifel to explore sale, Deal.com says
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January 20, 2015
06:09 EDTPKTProcera Networks receives two Tier 1 mobile analytics orders
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