News In Considerations: Cisco Systems, Inc. (NASDAQ:CSCO), Juniper Networks, Inc. (NYSE:JNPR), Gigamon Inc. (NYSE:GIMO)

April 25, 2023 5:23 pm0 commentsViews: 68

Cisco Systems, Inc. (NASDAQ:CSCO) reported that it is in talks to forge alliances with the governments of the U.K. and Germany so as to will test new networking products, train engineers as well as invest in local startups, according to people with knowledge of the matter. A contract will probably be comparable to an alliance that Cisco reached in February with France, according to people, who requested not to be identified for the reason that the contracts haven’t yet been completed. Cisco will provide more than $500 million in the U.K., on top of a similar amount that Cisco committed in 2011, while the company will invest $100 million to $500 million in Germany, one of the people said. The agreement with France was for $100 million. The network-equipment maker has often sought large, multifaceted partnerships with governments that are seeking to make better use of the Internet and build up their domestic technology industries. Cisco Systems, Inc. (NASDAQ:CSCO) stock has highest price of $27.26 in last session, beginning with a price of $26.98 and reported a loss of -0.40% to close at $27.22 with a day range of $26.89-$27.26.

The industry leader in network innovation, Juniper Networks, Inc. (NYSE:JNPR) reported that it will declared preliminary financial results for the quarter ended June 30, 2015, on July 23, 2015 after the close of the market. The firm’s senior management will host a conference call so as to day at 2:00 pm PDT. A commentary by Robyn Denholm, chief financial and operations officer, reviewing the Company’s second quarter 2015 financial results and third quarter 2015 financial outlook will be furnished to the SEC on Form 8-K and published on the Company’s website at Analysts and investors are encouraged to review this commentary prior to participating in the conference call. Twitter, Inc. (NYSE: TWTR) will release financial results for the second quarter of 2015 on July 28, 2015, after market close. On the same day, Twitter will hold a conference call to discuss these financial results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Shares of Juniper Networks, Inc. (NYSE:JNPR) traded at $25.75 by plunging -1.38% with price volatility of 1.51% for a week and 1.67% for a month. Its beta stands at 1.83 times.

Gigamon Inc. (NYSE:GIMO) reported that it will release its financial results for the second quarter ended June 27, 2015 after the market closes on Thursday, July 23, 2015. The company will host a conference call and live webcast for analysts and investors at 5:00 p.m. Eastern time on that day. The news release with the financial results will be accessible from the company’s website prior to the conference call. Gigamon Inc. (NYSE:GIMO) stock hit highest price at $32.57, beginning with a price of $32.23 and reported a loss of -0.92% to close at $32.27 with a day range of $31.88-$32.57. The total market capitalization remained 1.07 Billion, total volume of 243720 shares held in the session was surprisingly higher than its average volume of 486.13 shares.


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