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Stock Market & Financial Investment News

News Breaks
July 11, 2014
13:17 EDTRKUSFCC 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
News For RKUS From The Last 14 Days
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July 17, 2015
13:29 EDTRKUSWireless infrastructure shares up after Ericsson,TESSCO report
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10:05 EDTRKUSOn The Fly: Analyst Upgrade Summary
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07:28 EDTRKUSRuckus Wireless upgraded to Buy at SunTrust
As previously reported, SunTrust upgraded Ruckus Wireless to Buy from Neutral. The firm raised estimates and increased its price target to $14 from $12 based on accelerating Service Provider growth and education vertical upside, low investor expectations on K-12 stimulus, favorable competitive dynamics in Service Provider, and valuation.
06:32 EDTRKUSRuckus Wireless upgraded to Buy from Neutral at SunTrust

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