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Stock Market & Financial Investment News

News Breaks
July 11, 2014
14:15 EDTRKUS, ARUNRuckus, 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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December 11, 2014
09:01 EDTRKUSRuckus Wireless looks attractive into 2015, says Pacific Crest
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06:01 EDTARUNAruba Networks management to meet with Northland
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December 8, 2014
08:02 EDTARUNAruba says NHS replaces Cisco network with Aruba wireless infrastructure
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