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Stock Market & Financial Investment News

News Breaks
March 5, 2014
07:22 EDTRVBDRiverbed CEO says no ‘credible’ offers received, Bloomberg reports
Riverbed Technology Chairman and CEO Jerry Kennelly told Bloomberg in an interview that “If a serious party wants to call me with a credible offer, I’ll take the call. I haven’t had that.” Note that Elliott Management disclosed on Feb. 25 that it offered to acquire all of Riverbed's outstanding shares for $21 per share in cash and Elliott said that it was "keenly aware that other potential buyers have expressed their acquisition interest directly to Riverbed and its advisor, Goldman Sachs." Reference Link
News For RVBD From The Last 14 Days
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July 25, 2014
08:52 EDTRVBDFundamental change may be needed for Riverbed, says Janney Capital
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July 24, 2014
16:53 EDTRVBDRiverbed sees FY14 EPS growth of 20%, consensus $1.15
16:52 EDTRVBDRiverbed sees FY14 revenue growth 7%-8%, consensus $1.12B
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16:19 EDTRVBDRiverbed sees Q3 EPS 30c-32c, consensus 30c
Sees Q3 revenues $285M-$291M, consensus $285.04M.
16:18 EDTRVBDRiverbed reports Q2 adjusted EPS 26c, consensus 27c
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July 18, 2014
11:34 EDTRVBDOptions with increasing implied volatility
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08:38 EDTRVBDVerizon added to Triple Play list at Oppenheimer
Oppenheimer added Verizon (VZ) to its Triple Play list. The firm says its triple play stocks are rated Outperform, screen positively based on trends in earnings revisions and have an attractive technical profile. The firm removed Riverbed (RVBD) from the list after it downgraded that stock.

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