Tag: ARUN

Major Movers on May 17; ARUN, BRCD, ADSK, JCP, DE

Shares of Aruba Networks Inc. (NASDAQ: ARUN) tumbled about 26.50% by afternoon trade after the wireless equipment maker, late last evening, said that it swung into third quarter loss as the bottom line was felt the impact due to rising expenses, higher taxes. The Company also provided disappointing guidance for the fiscal fourth quarter. The Company now anticipates earnings come in the range of 10 cents to 12 cents a share on revenue range of $148 million to $150 million. Analysts polled by Thomson Reuters had most recently forecasted earnings of 17 cents a share on revenue of $157 million. Excluding onetime items, adjusted earnings stood at 11 cents a share in the fiscal third quarter compared to 16 cents a share, in the year-earlier quarter. Revenue jumped 12% to $147.1 million. Earlier in May the Company provided earnings guidance of 11 to 12 cents a share on revenue range of $144 million to $147 million.

Continue reading Major Movers on May 17; ARUN, BRCD, ADSK, JCP, DE

Major Movers on May 7; FSLR, FOSL, MELI, RKUS, ARUN, SNTS, EOG, DTV

Shares of First Solar Inc. (NASDAQ: FSLR) fell about 9.25% by afternoon trade. Although the solar panel maker, late last evening, reported that it swung into fiscal first quarter profit and handed revenue which edged past Street’s consensus estimate, investors were disappointed as adjusted earnings fell short of expectation. However, the Company maintained its full-year earnings and revenue guidance which exceeded analysts’ consensus estimate.

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Aruba Swings to Profit in Q2, Shares Rally (ARUN)

Shares of Aruba Networks Inc. (NASDAQ: ARUN) rallied on Friday after the Wi-Fi equipment manufacturer reported that it swung into a profit in its fiscal second quarter thanks to favorable comparables from the last quarter when the company took huge one-time charge while robust demand for its wireless products  also boosted the top line growth.

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Major Movers on February 22; WBMD, VOLC, ARUN, MRC

Shares of WebMD Health Corp. (NASDAQ: WBMD), a provider of health information services to consumers, physicians and other healthcare professionals, employers, are seeing a huge rally in trading today after the company reported its fourth-quarter financial results.

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Major Movers on January 28; HES, JOSB, ARUN, DDD, AAPL

Shares of Hess Corp. (NYSE: HES), a global integrated energy company, have risen sharply in trading today after the company announced that it will pursue the sale of its terminal network in the U.S. The company also said that it will complete its exit from the refining business by shutting down its refinery in Port Reading, New Jersey.

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Major Gainers and Losers in Trading on August 24; ARUN, ADSK, MCRS, SSYS, WPI, SEB, BKH, HEI

Shares of Aruba Networks Inc. (NASDAQ: ARUN), a communications services company connecting local and remote users to corporate information technology resources via distributed enterprise networks, surged in trading today.

Continue reading Major Gainers and Losers in Trading on August 24; ARUN, ADSK, MCRS, SSYS, WPI, SEB, BKH, HEI