New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 11, 2014
14:15 EDTARUN, RKUSRuckus, Aruba advance after FCC approves new school WiFi program
Shares of Ruckus Wireless (RKUS) and Aruba Networks (ARUN) are rising after the FCC announced that it would allocate new funds to subsidize the launch of WiFi networks in schools and libraries. Ruckus and Aruba provide products used for WiFi networks. WHAT'S NEW: The FCC said it would allocate $2B over the next two years to subsidize the launch of WiFi connections at schools and libraries. For the following three years, the agency said it would look to spend $1B annually on the project. The FCC said the funds would be "distributed fairly to all schools and libraries while recognizing the needs of the nationís rural and poorest school districts." PRICE ACTION: In mid-afternoon trading, Ruckus surged 5.5% to $11.62 and Aruba advanced 4.6% to $17.04.
News For RKUS;ARUN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 10, 2016
05:57 EDTRKUSRuckus Wireless downgraded to Neutral from Buy at SunTrust
SunTrust analyst Inder Singh downgraded Ruckus Wireless to Neutral on expectations the company's revenue growth will decelerate amid a spending pause among cable providers. The analyst expects Ruckus' growth to peak in the March quarter and cut his price target for the shares to $8.50 from $14.
February 9, 2016
16:28 EDTRKUSRuckus Wireless sees Q1 EPS 8c-10c, consensus 9c
Subscribe for More Information
16:27 EDTRKUSRuckus Wireless reports Q4 EPS 13c, consensus 13c
Reports Q4 revenue $100.1M, consensus $101.87M.
February 2, 2016
09:32 EDTRKUSRuckus Wireless downgraded to Mixed from Positive at OTR Global
Subscribe for More Information

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