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Juniper Networks
02 декабря, 16:03

Nokia (NOK): Growth Prospects Bright, Networks Unit a Drag

On Dec 2, we issued an updated research report on Nokia Corporation (NOK).

02 декабря, 00:20

Starbucks CEO Howard Schultz To Step Down

Dec 1 (Reuters) - Starbucks Corp co-founder  Howard Schultz will step down as chief executive to focus on new high-end coffee shops, handing the top job to Chief Operating Officer Kevin Johnson, a long-time technology executive. Schultz, who will become executive chairman in April 2017, said he would focus on building ultra-premium Reserve stores and showcase Roastery and Tasting Rooms around the world as well as setting the brand’s “social impact agenda” that includes sending employees to college and recruiting veterans. Starbucks had signaled the change in July, but its shares fell 3.6 percent to $56.41 in extended trading on Thursday, as investors recalled the company’s decline after Schultz handed over the reins in 2000. He returned in 2008. “Having him step down as CEO raised the anxiety level,” said Stephens analyst Will Slabaugh, who said that Schultz is the heart and soul of the brand, its entrepreneurial leader and its savior. “We’re in a much better position on every level,” said Schultz, who returned for his second stint as CEO in the depths of the “Great Recession,” when Starbucks’ stock was trading below $10. Late last year, it hit an all-time high above $60. Schultz has put Starbucks in the national spotlight, asking customers not to bring guns into stores and urging conversations on race relations. Many of the campaigns have generated controversy, but analysts have not seen a hit to financial results and the efforts have raised the profile of the coffee company and cemented Schultz’s status as a national figure. “The idea that he’s replaceable, I think that’s erroneous,” said Bill Smead, CEO of Smead Capital Management in Seattle, which owns Starbucks shares. He compared the change to the retirement of long-time McDonald’s Corp CEO Ray Kroc, who turned a handful of hamburger stands into the world’s biggest restaurant company. The announcement on Thursday also came as investors worry about the restaurant industry’s stubborn traffic declines. Starbucks has held up better than most, but it has not been immune. Johnson is a former technology executive who became president and chief operating officer at Starbucks in March 2015. Johnson has been on the Starbucks board since 2009 but most of his career was in the technology industry. He was the chief executive of Juniper Networks Inc from September 2008 to January 2014 and prior to that held several senior positions at Microsoft Corp. On a conference call after the announcement, analysts pressed the company on timing and whether, with Schultz stepping aside, senior management still had the “merchant gene.” “Not having retail experience could be a problem over time,” said Howard Penney, an analyst at Hedgeye Risk Management. “I’m not leaving the company and I’m here every day,” said Schultz, whose office is connected to Johnson’s. Traffic at established Starbucks cafes fell in the last quarter, which Johnson has attributed to a change in the company’s loyalty program, and Starbucks forecast a mid-single-digit rise in 2017 same-store sales. The company dismissed speculation that Schultz could be preparing for a new career in politics. “He has no plans to run for political office, as he has said many times, and will remain with the company as Starbucks executive chairman, focusing on premium coffee,” a spokeswoman said. (Reporting by Gayathree Ganesan and Siddharth Cavale in Bengaluru; additional writing by Peter Henderson; Editing by Bill Rigby and Jonathan Oatis) -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

Выбор редакции
02 декабря, 00:17

BRIEF-Juniper Networks announces intent to acquire AppFormix

* Juniper networks announces intent to acquire appformix Source text for Eikon: Further company coverage:

01 декабря, 18:33

Juniper Brings Virtual Routing and Security Platforms to AWS

Juniper Networks, Inc. (JNPR) has announced the availability of its virtual routing and security platforms, on Amazon.com, Inc.'s (AMZN) AWS Marketplace.

Выбор редакции
22 ноября, 17:12

Why Shares of CyberArk (CYBR) Rallied in the Last 3 Weeks?

Shares of CyberArk Software, Ltd. (CYBR) have been on the rise since the company reported its third-quarter 2016 results on Nov 3.

Выбор редакции
17 ноября, 16:50

Why Juniper Networks (JNPR) Stock Might be a Great Pick

Juniper (JNPR) is seeing solid earnings estimate revision and is well-positioned from a Zacks Industry Rank perspective.

Выбор редакции
16 ноября, 19:42

Juniper Networks added to Americas conviction buy list at Goldman Sachs

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

15 ноября, 16:12

Buy These 5 Stocks with Strong Sales Growth Now

A careful selection of stocks considering certain factors should help investors to not only build wealth but beat the market as well - VMware, Inc. (VMW), Foot Locker, Inc. (FL), Juniper Networks, Inc. (JNPR), Morgan Stanley (MS)

09 ноября, 16:06

Ingram Micro Cloud to Offer Microsoft Azure in New Zealand

Ingram Micro Inc. (IM) recently entered into a partnership with Microsoft Corporation (MSFT) to add Azure cloud connectivity to its New Zealand Cloud Marketplace.

07 ноября, 16:09

FireEye (FEYE) Stock Up on Lower-than-Expected Loss in Q3

Shares of FireEye Inc. (FEYE) moved up over 12% on Friday in response to the cybersecurity company's stronger-than-expected third-quarter 2016 results reported late on Nov 3.

04 ноября, 15:09

Motorola (MSI) Earnings and Revenues Beat Estimates in Q3

Motorola Solutions Inc.'s (MSI) third-quarter 2016 earnings per share (including stock-based compensation expenses) of $1.30 per share comfortably beat the Zacks Consensus Estimate of $1.14.

Выбор редакции
01 ноября, 17:24

Harris Corp (HRS) Beats Q1 Earnings and Revenue Estimates

Harris (HRS) reported better-than-expected earnings in the quarter.

01 ноября, 17:21

Check Point (CHKP) Beats Q3 Earnings and Sales; Stock Up

Shares of Check Point Software Technologies Ltd. (CHKP) spiked yesterday following the company's announcement of splendid third-quarter 2016 results, wherein its revenues and earnings topped its own expectations as well as the Zacks Consensus Estimate.

Выбор редакции
01 ноября, 16:43

Juniper Networks (JNPR): Moving Average Crossover Alert

Are you a technical investor? If so, it may be time to consider Juniper Networks, Inc. (JNPR) for your portfolio

31 октября, 17:56

Motorola Solutions (MSI) Q3 Earnings: A Surprise in Store?

Motorola Solutions, Inc.(MSI) is scheduled to report third-quarter 2016 results on Nov 3, after the market closes.

31 октября, 17:39

5 Stocks with Strong Sales Growth to Recharge Your Portfolio

Betting on these stocks with strong sales growth should not disappoint you - Dr Pepper Snapple Group, Inc. (DPS), Electronic Arts Inc. (EA), Juniper Networks, Inc. (JNPR), Morgan Stanley (MS)

31 октября, 16:52

Telefonica Brasil (VIV) Misses Earnings Estimates in Q3

Telefonica Brasil (VIV) -- a subsidiary of Spanish telecom giant Telefonica SA (TEF) -- recently reported third-quarter 2016 results

28 октября, 15:29

Fortinet's (FTNT) Q3 Earnings & Revenues Beat Estimates

Fortinet Inc. (FTNT) reported better-than-expected third-quarter 2016 results.

27 октября, 16:32

F5 Networks (FFIV) Q4 Earnings, Revenues Top; Guides Well

F5 Networks Inc. (FFIV) reported better-than-expected fourth-quarter fiscal 2016 results.