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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
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July 29, 2015
19:32 EDTRKUSOn The Fly: After Hours Movers
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16:42 EDTRKUSRuckus Wireless sees Q3 EPS 10c-13c, consensus 12c
Sees Q3 revenue $94M-$99M, consensus $95.62M
16:41 EDTRKUSRuckus Wireless reports Q2 EPS 9c, consensus 9c
Reports Q2 revenue $92.2M, consensus $88.23M.

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