Baird Remains Sidelined on Juniper Networks (JNPR) Following Strong 2Q
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July 26, 2016 6:17 PM EDT
Today's After-Hours Movers
LogMeIn, Inc. (Nasdaq: LOGM) 19.6% HIGHER; LogMeIn and Citrix Systems, Inc. (Nasdaq: CTXS) announced that the companies have entered into a definitive merger agreement for LogMeIn to combine with Citrixs GoTo business in a Reverse Morris Trust transaction. The transaction is valued at approximately $1.8 billion based on shares to be issued and LogMeIns closing price of $65.31 as of July 25, 2016. The transaction, which has been unanimously approved by the Boards of Directors of Citrix and LogMeIn, is expected... More
July 26, 2016 4:18 PM EDT
Juniper Networks (NYSE: JNPR) reported Q2 EPS of $0.50, $0.03 better than the analyst estimate of $0.47. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $1.19 billion.
"Despite an uncertain macro environment, we delivered solid revenue performance and profitability metrics in the... More
July 25, 2016 3:28 PM EDT
Juniper Networks (NYSE: JNPR) July weekly call option implied volatility is at 85, August is at 39, September is at 30; compared its 52-week range of 22 to 44 into the expected release of Q2 results on July 26.
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July 25, 2016 2:40 PM EDT
AThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
9:00am EDT
Case-Shiller 20-city Index - Street sees 5.4%
Earnings:
3M Co. (NYSE: MMM) - consensus EPS $2.07
A.O. Smith (NYSE: AOS) - consensus EPS $0.91
AK Steel (NYSE: AKS) - consensus loss $0.04
Accuride (NYSE: ACW) - consensus EPS $0.04
Allegheny Technologies (NYSE: ATI) - consensus loss... More
July 25, 2016 9:10 AM EDT
Drexel Hamilton analyst, Brian White, reiterated his Buy rating on shares of Juniper Networks (NYSE: JNPR). Although Juniper got off to a challenging start in 2016, the analyst believes the company is heading in the right direction with new portfolio innovations, a lean cost... More
