Juniper Networks Inc
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Stocks ended near session lows Thursday pressured by a handful of weak economic data and as some Fed officials stated their openness to tapering the central bank's bond-buying program in the coming months.
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Stocks ended near session lows Thursday pressured by a handful of weak economic data and as some Fed officials stated their openness to tapering the central bank's bond-buying program in the coming months.
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*Cisco shares rise 9 pct in early trading. Aug 16- Shares of Cisco Systems Inc jumped 9 percent on Thursday as a dividend hike and share buyback plan overshadowed comments that business conditions in Europe would not improve anytime soon for the network equipment maker.
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The markets continue a slow melt-up, but it suggests we are getting into overbought territory. One simple indicator would be the S&P 500 Index.
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U.S. stock index futures were flat Thursday as investors digested a handful of weaker-than-expected economic data against upbeat earnings report from Cisco.
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NEW YORK, May 15- Network equipment maker Cisco Systems Inc posted a higher than expected quarterly profit and said current quarter revenue could increase, giving some relief to investors who had worried it was being hurt by weak technology spending.
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Cisco shares jumped after the firm beat on earnings, citing signs of improvement. "I am a little surprised," one trader said, as it was a tough quarter for other networking firms.
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*Adtran Inc: Cowen starts with underperform- Theflyonthewall.com. *Juniper Networks: Cowen starts with neutral- Theflyonthewall.com. *Infoblox: Cowen starts with outperform- Theflyonthewall.com.
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With three out of five major U.S. companies missing revenue forecasts, a lot of fingers are pointed at European weakness.
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April 24- Juniper Networks Inc:. *FBN cuts price target to $19 from $22; rating sector perform. Reuters Station users, click. 1568.
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The Dow dipped while the S&P 500 edged up on Wednesday as a sharp drop in durable goods orders last month added to worries about slower U.S. economic activity and Apple's results disappointed investors. **BOEING CO, $91.15, up 3.3 pct. **APPLE INC, $401.20, down 1 pct.
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The problems surrounding innovation and cybersecurity, with Kevin Johnson, Juniper Networks CEO.
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Earnings: Still choppy, but mostly good news for tech and building materials.
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Following upbeat earnings, stocks rally for third straight day. Best 3-day winning streak for S&P 500 since late November, best 3-day winning streak for Nasdaq since early August.
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Check out which companies are making headlines after the bell Tuesday:
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The earnings train is about to leave the station, with reports due Tuesday from three Dow components, some transportation names and Apple.
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It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
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April 18- Microsoft Corp Chief Financial Officer Peter Klein will leave at the end of the current fiscal year, the company said on Thursday, adding to a lengthy list of top executives who have left the company in recent years. The software guru tapped by Bill Gates to take over his role as Microsoft's big-picture thinker left to start his own project in 2010..
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*Tech shares among the day's leaders, JDS Uniphase rallies. NEW YORK, April 10- U.S. stocks climbed 1 percent on Wednesday, with both the Dow and S&P 500 ending at historic highs as cyclical shares led the way higher for a second straight day.
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Stocks soared broadly across the board to finish near session highs Wednesday, propelling the Dow and S&P 500 to new record levels, boosted by strong gains in techs.
