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NEW YORK, June 26- Wickr, a startup founded by privacy advocates, said it has raised $30 million from investors including CME Group Inc to help develop self-destructing messaging technology for use by financial services firms and gaming companies.
*Hillshire jumps, Tyson's bid outshines Pilgrim's Pride's. "The headline figure was weaker than expected, but it was mainly due to slower inventory growth, which bodes well for future growth, future orders, new orders," said Jeffrey Saut, chief investment strategist at Raymond James Financial in St. Petersburg, Florida.
*Hillshire jumps, Tyson's bid outshines Pilgrim's Pride's. "Personal consumption was actually revised up, it was a big number and it held," said Phil Orlando, chief equity market strategist at Federated Investors in New York, referring to details in the gross domestic product data released earlier in the day.
*Hillshire shares jump as Tyson bids more than Pilgrim's Pride. NEW YORK, May 29- U.S. stocks rose at the open on Thursday on expectations of strong growth in the second quarter, even as data showed the world's largest economy contracted in the first quarter.
NEW YORK, May 29- U.S. stock index futures ticked up in low volume on Thursday ahead of data on the labor market and economic growth, with the S&P 500 poised to challenge its record high after falling a couple of points the previous session.
*Expects 4th- qtr adj profit/shr $0.10- $0.11 vs est $0.10. May 28- Cyber security software maker Palo Alto Networks Inc reported a better-than-expected 49 percent jump in quarterly revenue as it added more customers, and said it settled patent litigation with network gear maker Juniper Networks Inc..
NEW YORK/ WASHINGTON, May 14- In a series of audits in 2009, Cisco Systems Inc found that much of the business between resellers of its products and a Russian state-owned telecommunications company, Svyazinvest, could not be verified because it was either "misrepresented" or documents were withheld by the resellers, according to an executive summary of the audits reviewed by Reuters.
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.
Juniper's revenue from telecom customers, including Verizon Communications Inc and AT&T Inc, rose about 10 percent in the first quarter ended March 31. Juniper forecast an adjusted profit of 36- 39 cents per share and revenue of $1.20 billion- $1.23 billion for the second quarter ending June 30.
April 22- Network gear maker Juniper Networks Inc's quarterly revenue rose about 10 percent as U.S. telecom carriers spent more on their networks to manage increasing data traffic. Juniper's net income rose to $110.6 million, or 22 cents per share, in the first quarter ended March 31 from $91.0 million, or 18 cents per share, a year earlier.
With the wipeout in growth stocks, many investors turned their attention to big-cap and value names, and the trend is expected to continue.
BlackBerry said it plans to release security updates for Android and iOS devices by Friday to address the "Heartbleed" security threat.
Security experts initially told companies to focus on securing vulnerable websites, but have since warned about threats to technology used in data centers and on mobile devices running Google Inc's Android software and Apple Inc's iOS software.
Some of the names on the move ahead of the open.
April 2- Network gear maker Juniper Networks Inc, which is under pressure from investor Elliott Management Corp to slim down, said it plans to reduce its global workforce by 6 percent and focus on its high-growth businesses.
April 2- Network gear maker Juniper Networks Inc said it plans to reduce its global workforce by 6 percent to streamline its business structure. Juniper said it expected to incur cash charges of about $35 million in the first quarter, related to severance and other expenses.
*Morgan Stanley tops global rankings. LONDON, March 28- A string of large transactions drove the value of global mergers and acquisitions activity up by 54 percent in the first quarter compared to the same period last year, reflecting greater deal-making confidence among chief executives.
Some of the names on the move ahead of the open.
BOSTON, March 13- Lookout, the mobile security software maker, named telecommunications industry veteran Jim Dolce as chief executive officer on Thursday, succeeding company co-founder John Hering.
Even if it isn't a bubble, the tech sector has had a pretty big run, and it might be time to look at some cautious ways to target tech-stock returns.