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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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May 21, 2015
15:10 EDTARUNEarnings Watch: HP buys Aruba, forms Chinese joint venture with split nearing
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May 12, 2015
05:38 EDTRKUSRuckus Wireless selected by Kansai International Airport to provide Wi-Fi
Ruckus Wireless announced that Ruckus Smart Wi-Fi products and technology have been chosen by Kansai International Airport to provide free public Wi-Fi service for international travelers. KIX has deployed over 100 Ruckus ZoneFlex dual-band indoor access points, centrally managed using two Ruckus ZoneDirector 3000 Series Smart Wireless LAN controllers, to effectively cover high-density public areas throughout the airport where travelers gather.

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