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Stock Market & Financial Investment News

News Breaks
March 17, 2014
11:26 EDTSONS, ORCL, AUDC, ALUSonus jumps after analyst calls ‘most underappreciated’ in tech
Shares of Sonus Networks (SONS) are climbing after research firm Jefferies wrote that the company "may be the most underappreciated story in the tech sector." Sonus develops Internet Protocol communications networks. WHAT'S NEW: After attending Sonus' Analyst Day on Thursday, Jefferies analyst James Kisner wrote that the company had "a very bullish tone" and unveiled "a barrage of positive data points." Sonus said that demand for some systems that use its products are increasing, the analyst wrote. Additionally, the company announced many impressive announcements about its customers, Kisner reported. Meanwhile, given that Sonus is taking share in a space in which Oracle (ORCL) has already made two acquisitions, while operating in a sector linked to WhatApp's business, investors are showing relatively little interest in Sonus, contended the analyst. Kisner thinks the stock can reach $10 by 2017, and he reiterated a Buy rating on the shares. OTHERS TO WATCH: Alcatel-Lucent (ALU) sells Internet Protocol routers, while AudioCodes (AUDC) provides voice over Internet equipment. PRICE ACTION: In mid-morning trading, Sonus climbed 18c, or 5%, to $3.62.
News For SONS;ORCL;AUDC;ALU From The Last 14 Days
Check below for free stories on SONS;ORCL;AUDC;ALU the last two weeks.
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August 29, 2014
18:19 EDTORCLOracle bid to restore $1.3B SAP verdict denied, Reuters reports
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14:16 EDTORCLEuropean Commission approves Oracle acquisition of MICROS
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11:40 EDTORCLVeeva soars following beat and raise quarter
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August 28, 2014
09:57 EDTALUOn The Fly: Analyst Upgrade Summary
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07:29 EDTALUAlcatel-Lucent removed from Europe 1 List at BofA/Merrill
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06:51 EDTALUAlcatel-Lucent upgraded to Outperform from Market Perform at Bernstein
August 27, 2014
09:53 EDTORCLOn The Fly: Analyst Initiation Summary
Bristol-Myers (BMY) initiated with a Hold at Deutsche Bank... ASML (ASML) initiated with a Hold at Stifel... Akamai (AKAM) initiated with an Outperform at RW Baird... Concur (CNQR) initiated with a Neutral at DA Davidson... CyrusOne (CONE) initiated with a Neutral at Citigroup... Eli Lilly (LLY) initiated with a Buy at Deutsche Bank... Garmin (GRMN) initiated with a Neutral at RW Baird... Merck (MRK) initiated with a Hold at Deutsche Bank... NetSuite (N) initiated with a Buy at DA Davidson... Oracle (ORCL) initiated with a Neutral at DA Davidson... Oxford Industries (OXM) initiated with a Buy at Wunderlich... Pfizer (PFE) initiated with a Buy at Deutsche Bank... ServiceNow (NOW) initiated with a Buy at DA Davidson... Workday (WDAY) initiated with a Neutral at DA Davidson... MannKind (MNKD) initiated with a Buy at Jefferies... STMicroelectronics (STM) initiated with an Underperform at Credit Suisse... Kirkland's (KIRK) initiated with an Outperform at Barrington.
August 26, 2014
17:33 EDTORCLOracle initiated with a Neutral at DA Davidson
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August 22, 2014
13:49 EDTORCLOregon sues Oracle over health exchange website
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11:26 EDTORCLSalesforce.com rallies following beat and raise quarter
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August 20, 2014
12:38 EDTALUAlcatel-Lucent announces early repayment of $1.75B credit facility
Alcatel-Lucent announced today that its affiliate Alcatel-Lucent USA has repaid early and in full the senior secured credit facility of an initial principal amount of 1.75B entered into on January 30, 2013. The senior secured credit facility was secured by various first-priority pledges on a material portion of the Alcatel-Lucent Group's assets. The pledges will be consequently cancelled and released.

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