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Stock Market & Financial Investment News

News Breaks
January 9, 2014
05:57 EDTRVBDRiverbed upgraded to Hold from Underperform at Jefferies
Jefferies upgraded Riverbed to Hold citing Elliott's offer to acquire the company for $19 per share. Jefferies believes Riverbed has to initiate a formal sales process following the unsolicited offer
News For RVBD From The Last 14 Days
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October 24, 2014
10:04 EDTRVBDRiverbed CEO seems much more willing to consider sale, says MKM Partners
After Riverbed's Q4 guidance missed expectations, MKM Partners said its talks with Chairman and CEO Jerry Kennelly made it seem that he is "much more willing" now to consider strategic options. MKM believes Riverbed is worth more as a private company and foresees its strategic review most likely leading to a sale to a pe firm, possibly in the $20-$24 range. The firm maintains its Neutral rating and $21 price target on Riverbed.
October 23, 2014
16:56 EDTRVBDRiverbed sees Q4 EPS 31c-33c, consensus 35c
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16:17 EDTRVBDRiverbed sees Q4 EPS 31c-33c, consensus 35c
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16:16 EDTRVBDRiverbed reports Q3 EPS 30c, consensus 30c
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15:30 EDTRVBDNotable companies reporting after market close
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October 22, 2014
13:14 EDTRVBDRiverbed up 3% after dealReporter says contacting buyers next week
Shares of Riverbed moved higher after dealReporter said the company is expected to start a sale process and contact potential buyers next week, according to its sources.
October 13, 2014
07:12 EDTRVBDRiverbed news already priced into stock, says JMP Securities
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October 10, 2014
09:06 EDTRVBDF5 Networks checks indicate return to stable growth, says Janney Capital
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