Juniper's (JNPR) CEO Warns Co. Could See Negative Impact from Japan Disasters, Reduced Federal Spending
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Shares of Juniper (Nasdaq: JNPR) are now down nearly 9 percent Wednesday amid CEO Kevin Johnson's presentation at the BofA Merrill Lynch Technology Conference.
Traders may be concerned with comments from the exec that Juniper is not "immune" to reduced government spending. Johnson also warned the company's supply chain may feel a knock from the disasters in Japan during March.
Traders may be concerned with comments from the exec that Juniper is not "immune" to reduced government spending. Johnson also warned the company's supply chain may feel a knock from the disasters in Japan during March.
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