There’s now a new way for investors to play the cybersecurity space.» Read More
As the cyberthreat landscape has gotten worse, there's been a silver lining of sorts for investors.
*D.R. Horton advances after earnings. In the consumer discretionary space, shares of homebuilders rose after D.R. Horton reported better-than-expected quarterly revenue and said orders jumped 38 percent, suggesting an uptick in housing demand. D.R. Horton shares rose 2.2 percent to $23.95.
*D.R. Horton advances after earnings. NEW YORK, Nov 11- The Dow and S&P 500 inched lower late Tuesday afternoon after both indexes managed to touch fresh intraday records for a fifth straight session in early trading. The e-commerce giant reported more than $9 billion in sales on China's Singles' Day on Tuesday.
*D.R. Horton advances after earnings. NEW YORK, Nov 11- U.S. stocks edged lower on Tuesday afternoon after the Dow and S&P 500 managed to touch fresh intraday records for a fifth straight session in early trading. The e-commerce giant reported more than $9 billion in sales on China's Singles' Day on Tuesday.
Nov 10- Network gear maker Juniper Networks Inc said Chief Executive Shaygan Kheradpir resigned, one year after he was hired from Barclays Plc to head the company. His resignation followed a review by Juniper's board of his leadership and conduct in a negotiation with a customer, the company said in a statement. Rami Rahim, who was executive vice president and...
Oct 23- Network gear maker Juniper Networks Inc forecast weaker-than-expected profit and revenue for the current quarter as telecom operators, its main customers, postpone spending until the dust settles on several big mergers. Two of Juniper's largest customers, AT&T Inc and Sprint Corp, are taking time to decide whether to upgrade existing wired networks...
Check out which companies are making headlines after the bell Thursday: Amazon, Microsoft, Pfizer & more.
Oct 23- Network gear maker Juniper Networks Inc reported a 5 percent fall in quarterly revenue, hurt by weak demand from customers such as AT&T Inc and Sprint Corp.. The company's revenue fell to $1.13 billion in the third quarter ended Sept. 30, from $1.19 billion a year earlier. Net income rose to $103.6 million, or 23 cents per share, from $99.1 million, or 19 cents per...
Stocks fell Friday as computer-chip makers dropped on Microchip Technology's reduced forecast.
*Biggest weekly U.S. outflow from Europe in 2 months. LONDON, Oct 10- European shares dropped sharply on Friday and Germany's stock market, one of the region's best performers since the 2008 financial crisis, fell to a one-year low as concerns mounted over the German and global economies. The recent sell-off has prompted U.S.-based investors to cut their exposure...
The S&P 500 Index is at a two-month low. How real is the main concern of slowing global growth?
NEW YORK, Oct 10- U.S. stock index futures fell on Friday, with the decline particularly pronounced in the tech-heavy Nasdaq index, which was weighed by weakness in chipmakers. Intel Corp fell 2.4 percent to $32.80 while Micron Technology was off 2.3 percent at $29.92. In other tech news, Juniper Networks Inc fell 6.4 percent to $19.59 before the bell a day after it...
Some of the names on the move ahead of the open.
Oct 9- Riverbed Technology Inc said it would review strategic options and started a restructuring program to cut costs, three days after activist investor Elliott Management reaffirmed its offer to buy the network equipment maker. The hedge fund, headed by billionaire Paul Singer, has been making repeated offers to buy Riverbed since January and its latest...
Boston, Sept 11- EMC Corp plans to keep its majority stake in software maker VMware Inc despite pressure from activist hedge fund Elliott Management, a person familiar with EMC's thinking told Reuters on Thursday.
Sept 11- Data storage products maker EMC Corp has decided to explore selling its stake in its software unit, VMware Inc, giving into pressure from Paul Singer- run activist hedge fund Elliott Management Corp, the New York Post reported, citing sources familiar with the matter.
Ciena Corp and Finisar Corp last week joined their peers in forecasting a weak current quarter, citing delays on closing sales to customers in North America. AT&T is set to buy DirecTV for $48.5 billion and Deutsche Telekom AG is seeking buyers for T-Mobile US Inc after the collapse of a sale to Sprint- which itself was bought last year by Japan's Softbank Corp..
BOSTON, Aug 20- The FBI has warned that healthcare industry companies are being targeted by hackers, publicizing the issue following an attack on U.S. hospital group Community Health Systems Inc that resulted in the theft of millions of patient records.
Aug 20- Hackers who stole the personal data of about 4.5 million patients of hospital group Community Health Systems Inc broke into the company's computer system by exploiting the "Heartbleed" internet bug, making it the first known large-scale cyber attack using the flaw, according to a security expert.
Aug 14- Network equipment maker Cisco Systems Inc said on Thursday its plan to slash 6,000 jobs will result in restructuring charges of $700 million in cash in the year ending July 2015. Shares in Cisco, still the world's largest networking equipment maker, were down 2.7 percent at $24.52 on the Nasdaq.