|March 31, 2014|
|09:51 EDT||RKUS, CSCO||Ruckus Wireless and Cisco benefiting most from WiFi deployments, says OTR Global|
OTR Global said Ruckus (RKUS) and Cisco (CSCO) are benefiting the most from carrier WiFi deployments in emerging markets and China. Carriers are pleased with Ruckus' scalability, ease of use and strong Cisco technology.
News For RKUS;CSCO From The Last 14 Days
Check below for free stories on RKUS;CSCO the last two weeks.
|July 22, 2014|
|08:14 EDT||CSCO||Cisco to establish Global IoE Innovation Center in Barcelona |
Cisco and Barcelona City Council announced plans to open a Cisco Global IoE Innovation Center in Barcelona. The Innovation Center will provide a platform for research, technological development and new market opportunities related to the Internet of Everything for smart cities. The new 1,720 SQM Cisco center will be located at Ca l'Alier, a 19th century heritage building at the core of the 22@Barcelona district, as part of the new Smart City Campus. Based on its current plans, from 2015 to 2020, Cisco intends to invest close to $30M in the facilities' restoration, innovation lab, IT equipment, and talent acquisition primarily in engineering, application development and research.
|July 15, 2014|
|08:35 EDT||CSCO||Cisco announces multi-year sales, go-to-market agreement with Microsoft |
Cisco (CSCO) announced a multi-year sales and go-to-market agreement with Microsoft (MSFT) designed to modernize data centers through the delivery and acceleration of integrated solutions. Cisco and Microsoft will both invest in sales, marketing and engineering resources to drive global alignment, while delivering deeper technology integration across cloud and data center markets. The companies will focus on integrating market leading technologies, including Cisco Unified Computing System, Cisco Nexus switching and Microsoft Cloud OS solutions including Windows Server, System Center, SQL Server and Microsoft Azure.
|05:53 EDT||CSCO||Stocks with implied volatility movement; CSCO WMT|
Stocks with implied volatility movement; Cisco (CSCO) 23, Wal-Mart (WMT) 13 according to iVolatility.
|July 11, 2014|
|16:22 EDT||RKUS||On The Fly: Closing Wrap|
Stocks on Wall Street were higher today, but were still lower for the week, as concerns in Europe have come back to the forefront of investors' minds. Today's modest bounce was not enough to make up for the declines seen in three of the other four sessions earlier in the week. ECONOMIC EVENTS: In the U.S., the June federal budget statement showed a surplus of $70.5B for the month, compared to analysts' forecast for a $79B surplus. COMPANY NEWS: Shares of Wells Fargo (WFC) slipped 32c, or 0.62%, to $51.49 after the largest mortgage lender in the U.S. posted earnings of $1.01 a share that matched analysts' consensus forecast. Wells did note that its credit performance continued to improve in Q2 and CEO John Stumpf said he is "optimistic about the future" for the bank... Lorillard (LO) advanced $2.92, or 4.63%, to $66.01, while Reynolds American fell 51c, or 0.82%, to $61.75, after the two cigarette makers confirmed that they are holding talks about a possible merger, as has been speculated by various media reports in recent weeks... In another update to an ongoing M&A story, Japan's Nikkei reported that Sprint's (S) corporate parent, Softbank (SFTBF), has reached an agreement to acquire T-Mobile (TMUS) from Deutsche Telecom (DTEGY), clearing the way for the long-speculated merger between the third and fourth largest wireless carriers in the U.S. Following the new story, Sprint shares finished the day up 30c, or 3.64%, to $8.55, while T-Mobile rose 62c, or 1.89%, to $33.50. MAJOR MOVERS: Among the notable gainers was Ruckus Wireless (RKUS), which advanced 87c, or 7.9%, to $11.88 after the FCC announced that it would allocate new funds to subsidize the launch of WiFi networks in schools and libraries. Also higher was Amazon.com (AMZN), which climbed $18.28, or 5.57%, to $346.20 after consulting firm ChannelAdvisor (ECOM) reported that the company's same-store sales growth had accelerated significantly in June compared with May. Among the noteworthy losers was Rent-A-Center (RCII), which dropped $3.18, or 10.94%, to $25.88 after the company warned that its revenue and earnings for Q2 will not meet expectations. Also lower were shares of industrial and construction supply retailer Fastenal (FAST), which fell $2.00, or 4.16%, to $46.15 after its Q2 revenue missed analysts' consensus view and the company reported plans to close 45 stores. INDEXES: The Dow was up 28.74, or 0.17%, to 16,943.81, the Nasdaq was up 19.29, or 0.44%, to 4,415.49, and the S&P 500 was up 2.83, or 0.14%, to 1,967.51.
|14:15 EDT||RKUS||Ruckus, 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.
|13:17 EDT||RKUS||FCC approves $2B fund for school Wi-Fi, Re/code reports|
The Federal Communications Commission voted to approve a plan whereby schools will soon be able to apply for grants from a $2B fund to help pay for Wi-Fi networks, reported Re/code. Shares of Ruckus Wireless (RKUS), a provider of Wi-Fi solutions, are up nearly 5% in afternoon trading following the FCC vote. Reference Link
|July 9, 2014|
|12:23 EDT||RKUS||Macronix files patent infringement complaints against Spansion in Germany|
Macronix International announced that they have filed a new patent infringement complaint against Spansion (CODE) and certain of their customers in Germany for infringement of certain Macronix patents covering separate aspects of non-volatile memory devices, including flash memory. The named respondents include Harman Becker Automotive Systems GmbH, Ruckus Wireless (RKUS), and Polycom GmbH, according to Macronix. In addition to monetary compensation, Macronix requests that the court issues an injunction barring Spansion's infringing devices or products containing such components from further importation into and/or further commerce in Germany. This additional complaint follows those litigations in the U.S. against Spansion and/or its customers, and their respective decisions will be available in Q1 or Q2 of 2015, said Macronix.
|07:14 EDT||CSCO||Tech Data announces U.S. distribution agreement with Cisco |
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|July 8, 2014|
|07:45 EDT||CSCO||Cisco still has room to run, says Cantor|
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|07:32 EDT||CSCO||Semiconductor Equipment & Materials International to hold a conference|
SEMICON West to be held in San Francisco on July 8-10.
|06:10 EDT||CSCO||Cisco to host conference call|
Conference call to discuss disruptive trends in data networking will be held on July 10 at 11 am. Webcast Link