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Stock Market & Financial Investment News

News Breaks
June 9, 2014
08:05 EDTRVBDElliott says Riverbed board hasn't responded to request
Elliott Management issued a public statement regarding Riverbed. It stated, "It has now been two weeks since Elliott requested a meeting with Riverbed to discuss the results of its annual meeting, at which shareholders overwhelmingly voted down the company's proposals and voted off the director up for reelection. We are one of Riverbedís largest shareholders, and the fact that this board hasnít responded to our request for a simple meeting is unprecedented in Elliottís history. Despite complaints from other shareholders and public criticism from leading shareholder advisers ISS and Glass Lewis, Riverbed Directors Mark Floyd, Chris Schaepe, Kim Stevenson, Michael Boustridge, Eric Wolford and CEO Jerry Kennelly have done nothing to address the severe governance issues at Riverbed and the need to rectify its significant stock-price underperformance. Riverbed is experiencing a governance crisis. It is long past time for this Board to stop stonewalling shareholders and engage with us to find a path forward."
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.
July 17, 2014
11:23 EDTRVBDOptions with increasing implied volatility
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10:00 EDTRVBDOn The Fly: Analyst Initiation Summary
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09:13 EDTRVBDElliiot says bought Riverbed shares, interested in raising stake but prevented
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July 16, 2014
17:23 EDTRVBDRiverbed initiated with a Neutral at Buckingham
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10:44 EDTRVBDOptions with increasing implied volatility: KORS TWX RVBD
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