The "Fast Money" traders share their final trades of the day.» Read More
In the past two weeks, Juniper's peers Riverbed Technology Inc and F5 Networks Inc have forecast current-quarter revenue above Wall Street estimates. Juniper forecast first-quarter adjusted profit of 27 cents to 30 cents on revenue of $1.12 billion to $1.16 billion.
*Sees 2nd- quarter adj EPS $1.23- $1.26 vs est $1.21. F5 Networks, which also reported better-than-expected earnings for the quarter ended Dec. 31, forecast current-quarter revenue of $408- $418 million.
Jan 22- Network gear maker F5 Networks Inc reported an 11 percent rise in quarterly revenue as demand rose for its data traffic management products. The company's net income fell to $68 million, or 87 cents per share, from $69.5 million, or 88 cents per share.
*IBM, Coach fall after earnings. IBM shares lost 3.3 percent to $182.24 and were the biggest drag on both the Dow and S&P 500 indexes. Norfolk Southern Corp jumped 6.4 percent to $94.39 as one of the best performers on the S&P 500. The railroad posted a 24 percent rise in quarterly income that beat Wall Street expectations.
*IBM, Coach fall in premarket after earnings. *IBM shares lost 3.9 percent to $181.10 before the opening bell. *Coach Inc tumbled 7.6 percent to $48.55 in premarket trading after it said sales in North America fell further in the final quarter of 2013, as it lost share in the handbag business to fast-growing rivals such as Michael Kors Holdings Ltd and Kate Spade.
*IBM, Coach fall in premarket after earnings. *IBM shares lost 3.6 percent to $181.75 before the opening bell after the world's biggest technology services company missed revenue expectations for a fourth straight quarter amid weakening demand, particularly in growth markets like China.
Jan 15- Riverbed Technology Inc rejected hedge fund Elliott Management Corp's $3.08 billion offer, increasing pressure on the network gear maker to deliver on its turnaround plans.
Jan 13- Hedge fund Elliott Management Corp urged network equipment maker Juniper Networks Inc to buy back shares, start paying a dividend and consider slimming down, less than a week after it offered to buy Juniper's rival, Riverbed Technology. The stock has been stuck in the $20 range for two years, a far cry from the high of $228.50 it hit during the dotcom boom.
Jan 8- Activist hedge fund Elliott Management Corp offered to buy Riverbed Technology Inc for about $3.08 billion in cash, a move analysts said was likely to trigger higher bids for the network equipment maker.
Jan 8- Activist hedge fund Elliott Management Corp offered to buy network equipment maker Riverbed Technology Inc for about $3.08 billion in cash, an offer analysts said was likely to be a precursor to a higher bid.
Nov 14- Cisco Systems Inc's shares fell as much as 13 percent on Thursday after the network equipment maker forecast a steep drop in revenue for the current quarter, prompting at least 17 brokerages to cut price targets on its stock and two to downgrade their ratings. Analysts cut their price targets on Cisco's stock by as much as $6 to a low of $20.
Nov 14- Cisco Systems Inc's shares were set to open about 13 percent lower after the network equipment maker forecast a steep drop in revenue, prompting at least two brokerages to downgrade its stock and 12 to cut their price targets.
Stocks are at record highs and Wall Street is getting feverishly bullish. What could possibly go wrong?
The "Fast Money" traders share their final trades of the day.
The habit of beating on the quarter and then lowering expectations for the next quarter is continuing in this quarter as well.
The stocks moving before the bell.
Check out which companies are making headlines after the bell Wednesday:
Earnings reports from Boeing and dozens of other major companies could set the course for stocks Wednesday, as the Dow reaches for new highs.
In expectations of a sell-off, Cramer suggests putting together a shopping list of stocks to buy on the way down.
**COOPER TIRE AND RUBBER CO, Friday close $33.22, down 4 pct premarket. A U.S arbitrator said Cooper Tire and Rubber Co cannot sell two of its factories in the country to India's Apollo Tyres until a collective bargaining agreement is reached between Apollo and members of the plants' union. **SPLUNK INC, Friday close $59.54, up 4 pct premarket.