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Stock Market & Financial Investment News

News Breaks
January 15, 2014
11:27 EDTRVBDRiverbed price target raised to $24 from $20 at Oppenheimer
Oppenheimer raised its price target on Riverbed citing the company's better-than-expected pre-announcement and its improving fundamentals. The firm maintains its Outperform rating on Riverbed, but noted that the stock may be range-bound until Elliott responds to the company's rejection of the investor's takeover bid.
News For RVBD From The Last 14 Days
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April 23, 2014
15:12 EDTRVBDRiverbed never seriously entertained bidders, Forbes says
Although Riverbed retained Goldman Sachs and Wilson Sonsini Goodrich & Rosati early this year amid hedge fund Elliott Management making buyout offers, the company is not interested in selling and never seriously entertained bidders, according to a Forbes contributor, citing an insider. The report claims Riverbed never opened its books to potential buyers. Reference Link
April 21, 2014
15:20 EDTRVBDRiverbed calls active on speculation of a higher bid
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10:07 EDTRVBDRumor: Riverbed moves up on speculation of a higher bid
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April 15, 2014
09:00 EDTRVBDElliott reaffirms $21 bid for Riverbed
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April 11, 2014
12:42 EDTRVBDOn The Fly: Analyst Initiation Summary
ASML (ASML) initiated with a Cautious at ISI Group... Analog Devices (ADI) initiated with a Buy at ISI Group... Applied Materials (AMAT) initiated with a Strong Buy at ISI Group... Aruba Networks (ARUN) initiated with a Buy at SunTrust... Broadcom (BRCM) initiated with a Neutral at ISI Group... CSX (CSX) initiated with an Outperform at Macquarie... Cisco (CSCO) initiated with a Buy at SunTrust... F5 Networks (FFIV) initiated with a Neutral at SunTrust... Genesee & Wyoming (GWR) initiated with a Neutral at Macquarie... Intel (INTC) initiated with a Neutral at ISI Group... Juniper (JNPR) initiated with a Buy at SunTrust... KLA-Tencor (KLAC) initiated with a Neutral at ISI Group... Lam Research (LRCX) initiated with a Strong Buy at ISI Group... Linear Technology (LLTC) initiated with a Cautious at ISI Group... Maxim Integrated (MXIM) initiated with a Neutral at ISI Group... Micron (MU) initiated with a Strong Buy at ISI Group... NVIDIA (NVDA) initiated with a Neutral at ISI Group... NXP Semiconductors (NXPI) initiated with a Strong Buy at ISI Group... Qualcomm (QCOM) initiated with a Strong Buy at ISI Group... Riverbed (RVBD) initiated with a Neutral at SunTrust... SanDisk (SNDK) initiated with a Neutral at ISI Group... Teradyne (TER) initiated with a Buy at ISI Group... Texas Instruments (TXN) initiated with a Neutral at ISI Group... Trulia (TRLA) initiated with a Neutral at Susquehanna... Union Pacific (UNP) initiated with a Neutral at Macquarie... Zillow (Z) initiated with a Positive at Susquehanna... Flamel Technologies (FLML) initiated with a Buy at Roth Capital... Parker Drilling (PKD) initiated with an Accumulate at Tudor Pickering.
06:08 EDTRVBDRiverbed initiated with a Neutral at SunTrust
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