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An Oppenheimer analyst upgraded shares of Juniper Networks Inc. Friday, saying the company is poised to benefit from a recovery in spending by telecom carriers in 2010.
Shares of Juniper Networks Inc. fell Thursday after Hewlett-Packard Co. said it would buy 3Com Corp., leaving Juniper out of a consolidation move in the market for computer networking gear.
Network equipment maker Juniper Networks Inc. said Thursday preliminary results showed it posted a $4.5 million net loss in the first quarter, a big drop from a year earlier as revenue sank and the company booked a big charge because of tax law changes.
Juniper Networks Inc. Chief Executive Kevin Johnson received a compensation package for 2008 valued at $36.1 million, according to an Associated Press analysis of figures released in a filing last week. Much of Johnson's pay, however, came in the form of stock options that are of little value with Juniper's share price in a slump.
In an April 10 story about executive compensation at Juniper Networks Inc., The Associated Press erroneously described Scott Kriens as the chief executive. Kriens is chairman of Juniper. He left the CEO post in September and was succeeded by Kevin Johnson.
In a March 14 story about Cisco Systems Inc., The Associated Press misspelled the surname of an executive at Juniper Networks Inc. His name is Mike Banic, not Banick.
Wall Street shot higher Tuesday, gaining back the previous session's sharp losses and then some, after a drop in oil prices and a rise in consumer confidence gave investors some hope for a letup in Americans' financial woes. The Dow Jones industrial average rose 266 points.
Juniper Networks Inc. on Thursday reported a 73 percent jump in fourth-quarter profit on strong networking-gear sales.
Juniper Launches Open IPTV And Multiplay InitiativeJuniper Networks launched an "Open IPTV and Multiplay Initiative" that would allow content and application service providers, complementary service infrastructure providers and third-party developers to utilize the open interfaces and flexible programming environment of Juniper N …
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