Breaking News Instant updates and real-time market news.

EXTR

Extreme Networks

$6.69

0.09 (1.36%)

, HIVE

Aerohive

$4.43

-0.005 (-0.11%)

09:28
07/12/19
07/12
09:28
07/12/19
09:28

Extreme Networks commences cash offer to acquire Aerohive Networks

Extreme Networks (EXTR) announced that its wholly-owned subsidiary, Clover Merger Sub, is commencing a cash tender offer to purchase all outstanding shares of common stock of Aerohive Networks (HIVE) at an offer price of $4.45 per share. The tender offer is being made pursuant to an Offer to Purchase, dated July 12, and in connection with the Agreement and Plan of Merger, dated June 26, by and among Extreme, Purchaser and Aerohive, which Extreme and Aerohive previously announced on June 26.

EXTR

Extreme Networks

$6.69

0.09 (1.36%)

HIVE

Aerohive

$4.43

-0.005 (-0.11%)

  • 31

    Jul

EXTR Extreme Networks
$6.69

0.09 (1.36%)

08/09/18
DADA
08/09/18
NO CHANGE
Target $13
DADA
Buy
Extreme Networks price target lowered to $13 from $20 at DA Davidson
DA Davidson analyst Mark Kelleher lowered his price target on Extreme Networks to $13 after its in-line Q4 results and below-consensus outlook, saying the company appears to be struggling with the integration of its acquisitions for the 3rd consecutive quarter. Kelleher also keeps his Buy rating on Extreme Networks given its "solid networking business" and "competitive" Ethernet solutions in the wireless sector.
11/15/18
JMPS
11/15/18
NO CHANGE
JMPS
Market Perform
Cisco results bode well for Arista Networks, Nutanix, says JMP Securities
JMP Securities analyst Erik Suppiger noted that Cisco (CSCO) reported Q1 EPS and revenues ahead of consensus, stating that he believes the "robust" results bode well for the broader networing and security markets, including vendors such as Arista Networks (ANET), Nutanix (NTNX), Extreme Networks (EXTR) and Palo Alto Networks (PANW). Service provider bookings had positive growth for the second consecutive quarter, though management acknowledged that the growth may not be sustainable and Suppiger said he thinks this quarter included a large deal with T-Mobile (TMUS). The strength in data center and campus switching that Cisco called out suggests market demand trends are favorable for Arista and Extreme Networks, said the analyst. The strength in Cisco's hyperconverged infrastructure product, HyperFlex, suggests demand is favorable for Nutanix, he added. Suppiger, who views Cisco shares as fairly valued, keeps a Market Perform rating on the stock.
01/14/19
DADA
01/14/19
NO CHANGE
Target $13
DADA
Buy
Extreme Networks 'compelling value play in networking', says DA Davidson
DA Davidson analyst Mark Kelleher kept his Buy rating and $13 price target on Extreme Networks, saying the company stands to outperform this year after its "acquisition strategy over the past two years set the foundation for solid revenue and earnings growth." The analyst notes that the company had struggled last year in integrating its Brocade asset acquisition, but believes that those issues have been resolved. Kelleher sees Extreme Networks as a compelling value play in the networking sector, anticipating steady growth across all of its product categories.
06/27/19
06/27/19
DOWNGRADE
Target $4.45

Hold
Aerohive downgraded to Hold on acquisition news at Craig-Hallum
As previously reported, Craig-Hallum analyst Christian Schwab downgraded Aerohive (HIVE) to Hold from Buy and lowered his price target on the shares to $4.45 from $5 after the company announced it had reached a definitive agreement to be acquired by Extreme Networks (EXTR). The analyst does not expect the company to receive any competing offers.
HIVE Aerohive
$4.43

-0.005 (-0.11%)

06/27/19
CHLM
06/27/19
DOWNGRADE
CHLM
Hold
Aerohive downgraded to Hold from Buy at Craig-Hallum

TODAY'S FREE FLY STORIES

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

11:17
07/18/19
07/18
11:17
07/18/19
11:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

$NYE

NYSE Market Internals

$0.00

(0.00%)

11:16
07/18/19
07/18
11:16
07/18/19
11:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

11:15
07/18/19
07/18
11:15
07/18/19
11:15
General news
Treasury announced a $113 B 3-pronged package of shorter coupons »

Treasury announced a $113…

11:15
07/18/19
07/18
11:15
07/18/19
11:15
General news
Breaking General news story  »

8-Week Bill Auction to be…

11:15
07/18/19
07/18
11:15
07/18/19
11:15
General news
Breaking General news story  »

4-Week Bill Auction to be…

XOP

SPDR Oil Exploration and Production Fund

$24.46

-0.15 (-0.61%)

11:10
07/18/19
07/18
11:10
07/18/19
11:10
Options
Size put rolldown in Oil and Gas Exploration ETF »

Size put rolldown in Oil…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

11:10
07/18/19
07/18
11:10
07/18/19
11:10
General news
5-Yr Note Announcement CUSIP Number data reported »

5-Yr Note Announcement…

11:10
07/18/19
07/18
11:10
07/18/19
11:10
General news
5-Yr Note Announcement Offering Amount data reported »

5-Yr Note Announcement…

11:10
07/18/19
07/18
11:10
07/18/19
11:10
General news
7-Yr Note Announcement CUSIP Number data reported »

7-Yr Note Announcement…

11:10
07/18/19
07/18
11:10
07/18/19
11:10
General news
2-Yr Note Announcement CUSIP Number data reported »

2-Yr Note Announcement…

11:10
07/18/19
07/18
11:10
07/18/19
11:10
General news
7-Yr Note Announcement Offering Amount data reported »

7-Yr Note Announcement…

11:10
07/18/19
07/18
11:10
07/18/19
11:10
General news
6-Month Bill Announcement Offering Amount data reported »

6-Month Bill Announcement…

11:10
07/18/19
07/18
11:10
07/18/19
11:10
General news
2-Yr Note Announcement Offering Amount data reported »

2-Yr Note Announcement…

11:10
07/18/19
07/18
11:10
07/18/19
11:10
General news
2-Yr FRN Note Announcement CUSIP Number data reported »

2-Yr FRN Note…

11:10
07/18/19
07/18
11:10
07/18/19
11:10
General news
FX Action: USD-CAD »

FX Action: USD-CAD is on…

11:10
07/18/19
07/18
11:10
07/18/19
11:10
General news
2-Yr FRN Note Announcement Offering Amount data reported »

2-Yr FRN Note…

11:09
07/18/19
07/18
11:09
07/18/19
11:09
General news
3-Month Bill Announcement Offering Amount data reported »

3-Month Bill Announcement…

YGTY

SSLJ.com

$1.36

0.1 (7.94%)

11:06
07/18/19
07/18
11:06
07/18/19
11:06
Hot Stocks
SSLJ.com announces resignation of auditor »

SSLJ.com Limited…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SBPH

Spring Bank Pharmaceuticals

$5.23

0.12 (2.35%)

11:05
07/18/19
07/18
11:05
07/18/19
11:05
Hot Stocks
Spring Bank reports agreement for HBV antisense oligonucleotide compounds »

Spring Bank…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SSRM

SSR Mining

$15.23

0.335 (2.25%)

11:05
07/18/19
07/18
11:05
07/18/19
11:05
Options
SSR Mining call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 09

    Aug

AMRB

American River

$12.92

(0.00%)

11:03
07/18/19
07/18
11:03
07/18/19
11:03
Hot Stocks
American River increases quarterly dividend to 7c per share from 5c »

American River Bankshares…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    Jul

FULC

Fulcrum Therapeutics

$0.00

(0.00%)

11:02
07/18/19
07/18
11:02
07/18/19
11:02
Syndicate
Breaking Syndicate news story on Fulcrum Therapeutics »

Fulcrum Therapeutics…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    Jul

XRX

Xerox

$34.82

-0.04 (-0.11%)

11:02
07/18/19
07/18
11:02
07/18/19
11:02
Hot Stocks
Xerox wins multiyear intelligent workplace services contract »

Xero has been awarded a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AVT

Avnet

$42.97

-0.08 (-0.19%)

11:01
07/18/19
07/18
11:01
07/18/19
11:01
Hot Stocks
Avnet promotes Max Chan to Chief Information Officer »

Avnet announced the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

WABC

Westamerica

$60.52

0.09 (0.15%)

11:00
07/18/19
07/18
11:00
07/18/19
11:00
Earnings
Westamerica reports Q2 EPS 73c, consensus 73c »

The company recognized no…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.