F5 Networks Inc


  • Shares of the company, whose customers include AT&T Inc and Verizon Communications Inc, rose about 3 percent in extended trading. AT&T has estimated capital expenditure of about $21 billion for this year, while Verizon has said it expected to spend about $17 billion.

  • F5 Networks' quarterly revenue rises 20 pct Wednesday, 23 Apr 2014 | 4:13 PM ET

    April 23- Network equipment maker F5 Networks Inc reported a 20 percent rise in quarterly revenue due to higher demand for its software-defined application services and security software. The company's net income rose to $69.6 million, or 91 cents per share, in the second quarter ended March 31 from $63.4 million, or 80 cents per share, a year earlier.

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    NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Edwards Lifesciences Corp., up $8.03 to $81. Citigroup Inc., up $1.99 to $47.67.

  • F5 shares rise following upgrade Monday, 14 Apr 2014 | 12:27 PM ET

    F5 Networks is closing more million-dollar deals and revenue is likely to exceed projections when the company reports earnings next week, according to Stifel Nicolaus, which upgraded the company Monday. F5, based in Seattle, is scheduled to report its second fiscal quarter results on April 23. Shares of F5 Networks Inc. rose $5.46 to $108.51.

  • CHICAGO, March 10- While it is hard to knock the advice of Warren Buffett, whose annual letter to Berkshire Hathaway Inc shareholders recently lofted down from the mountain of capitalism, some of his tips can be tweaked.

  • 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.

  • F5 Networks reports 11 pct rise in revenue Wednesday, 22 Jan 2014 | 4:31 PM ET

    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.

  • US STOCKS-Wall St little changed on mixed earnings Wednesday, 22 Jan 2014 | 10:55 AM ET

    *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.

  • US STOCKS-Futures edge lower on latest earnings flurry Wednesday, 22 Jan 2014 | 8:11 AM ET

    *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.

  • UPDATE 1-Cisco shares drop 13 pct after revenue warning Thursday, 14 Nov 2013 | 11:21 AM ET

    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.

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