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Stock Market & Financial Investment News

News Breaks
February 4, 2013
11:05 EDTORCL, APKT, SONSSonus Networks should continue to gain share at carriers, says Oppenheimer
Oppenheimer said Sonus Networks (SONS) should benefit from Oracle's (ORCL) acquisition of Acme Packet (APKT) as it becomes the only publicly traded SBC leader. The firm expects Sonus to continue to gain share as carriers will have needs beyond Oracle's and Acme Packet's end-to-end solutions.
News For SONS;APKT;ORCL From The Last 14 Days
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April 16, 2015
15:44 EDTORCLCSC holding 'loose' deal talks, not running formal process, dealReporter says
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April 13, 2015
12:42 EDTORCLFly Watch: Wells says ServiceNow likely to unveil upbeat revenue target
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April 10, 2015
08:23 EDTORCLOracle management to meet with Barclays
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April 9, 2015
09:04 EDTSONSMitel appoints Wes Durow as Chief Marketing Officer
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05:57 EDTORCLOracle plans to hire 300 in India, Economic Times reports
Oracle is planning to hire 300 people in India to create a specialized cloud force, according to The Economic Times. Reference Link
April 8, 2015
16:07 EDTSONSSonus discloses purported shareholder class action lawsuit
Sonus Networks announced that a purported shareholder class action was filed against it and two of its officers in the United States District Court for the District of New Jersey. The plaintiff claims to represent purchasers of Sonusí common stock during the period from October 23, 2014 to March 24, 2015 and seeks unspecified damages. The principal allegation contained in the Complaint is the claim that the defendants purportedly made misleading forward-looking statements concerning Sonusí Q1 financial performance. Sonus believes that it and the individual defendants have meritorious defenses to the allegations made in the Complaint and intends to contest the lawsuit vigorously.

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