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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, 2015
17:39 EDTRVBDS&P announces changes to the S&P 400, 600 indices
S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices: Dunkin' Brands Group (DNKN) will replace Riverbed Technology (RVBD) in the S&P MidCap 400 after the close of trading on Monday, April 27. A group led by Thoma Bravo is acquiring Riverbed Technology in a deal expected to be completed tomorrow. Walker & Dunlop (WD) will replace Entropic Communications (ENTR) in the S&P SmallCap 600 after the close of trading on Thursday, April 30. MaxLinear (MXL) is acquiring Entropic Communications in a transaction expected to be completed on or about that date pending final approvals.
17:17 EDTRVBDDunkin' Brands to replace Riverbed in S&P 400 as of 4/27 close
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