New User:

-or-
Username:
Password:
Forgot your password?

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.
Sign up for a free trial to see the rest of the stories you've been missing.
July 16, 2014
08:08 EDTORCLOracle Social Cloud announces LinkedIn support for SRM platform
Subscribe for More Information
July 14, 2014
12:49 EDTORCLOracle hosts an educational webcast
Subscribe for More Information
July 10, 2014
16:15 EDTORCLKEYW, Oracle collaborate on advanced security solutions
Subscribe for More Information
07:20 EDTORCLIridium completes implementation of Oracle's management and billing solution
Subscribe for More Information
July 8, 2014
08:19 EDTALUAlcatel-Lucent awarded LTE small cells contract by Vodafone
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use