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ARUN was today's biggest earnings breakout. What is really strange about this is the near panic selling just before it reported: I know the  market was weak then, but why someone who had been holding this for long would dump it while it was dropping in a market down trend. I can understand someone who had bought at the end of last month, at the high would, but not waiting that long to do it. In any case, the sellers ended up giving the buyers a 21% gift, not bad for a day's work. I don; buy...

I was taking a look at the charts in the broader 'networking' space last night and its a complete bloodbath out there.  50%-ish losses in many names.  We saw similar action in 2008 before the broader market really was crushed, as there is a cyclical component within the secular growth story.  And when momentum turns, the stocks do tend to get crushed.  On the flip side, these companies appreciate dramatically when the market puts this group back in favor. Aruba Networks (ARUN) reported...

Tiffany & Co. (TIF: News ) is rising 5 percent to $66.25 as its second quarter adjusted earnings per share and sales were above analysts' estimates. The company's quarterly profit increased from the prior year, on 30 percent sales growth. The company boosted its earnings forecast for fiscal 2011 to reflect the better-than-expected second quarter [...]

Shares of Aruba Networks (ARUN) are up 7% today after Morgan Keegan initiated the stock with an outperform rating and $35 price target. The firm believes the company is positioned well for growth in its key markets. Morgan Keegan views Aruba as a leader among its peers in innovation. Lastly, the firm believes Aruba could [...]

Shares of Aruba Networks (ARUN) are up 2% after UBS raised its rating on the WiFi equipment provider to "buy" from "hold" while maintaining a $33 price target on the stock, which is well above where the shares currently trade. UBS said Aruba is seeing some of the best demand trends in the industry. That cheery [...]

Aruba Networks (ARUN) is a name I've been late to the game to, only becoming familiar with the company about 9 months ago, but it continues to impress.  Last evening as all eyes were on Salesforce.com (CRM) earnings, Aruba posted a quite stellar earnings report.   Revenue grew 53% year over year to $105.8M (v $98.2M expected) and earnings came in at 16 cents ex items (v 15c).  There does appear to be a headwind of higher taxes coming down the pike, a quarter ahead of expectations.  Full...

With the technology sector in rally mode today, it's not easy to find marquee names that are slumping, but it's not impossible to find them either. While the Networking Stocks Index is up 1.6% today, it is home to a couple of suspect performances. One such performance belongs to F5 Networks (FFIV), which is lower by [...]

Aruba Networks (ARUN) is a name I've been watching for half a year or so, but have not mentioned in the blog.  This company is part of the 'mobile internet' tsunami if you will, and has had quite a year - hence showed up on quite a few of my screens.  Last evening the company reported a solid quarter - very good growth but not far much above expectations (beat by 1 cent), WITH the CFO resigning.  Now there appears to be a good reason for the CFO leaving (venture capital) but that...

3SBio Inc (NASDAQ: SSRX) shares gained 2.63% to create a new 52-week high of $16.02. SSRX is all set to release its Q3 unaudited financial results on November 15. Altra Holdings Inc (NASDAQ: AIMC) shares jumped 2.12% to touch a new 52-week high of $16.39. AIMC reported a 23% y/y rise in its Q3 sales. Arch Capital Group Ltd (NASDAQ: ACGL) shares rose 1.46% to create a new 52-week high of $88.74. Analysts at UBS downgraded ACGL from “buy” to “neutral.” Aruba Networks Inc (NASDAQ:...

This looks like a cup and handle pattern, but is is too short. This is another of the cloud computing stocks that got hammered a month ago, but this one held up quite well and never really broke the 50dma. It has since bounced back up and hit a new high today. It reports November 17, so there isn't going to be much propelling this stock until then.  this had been seriously outperforming the market until about 2 months ago, and ssince then has been basically staying even.  Volume was pretty...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he considers Aruba Networks (NASDAQ: ARUN) as a very hot stock. He added, “It's pulled back a little. I think you have a winner there. It's a little speculative, but I like it." For Agrium (NYSE: AGU), he said, "I think you'll get a pullback tomorrow. I'd buy some.” But Jim added that he prefers CF Industries (NYSE: CF) over AGU. Cramer said that he used to like Warner Chilcott (NASDAQ: WCRX). He then mentioned,...

Aruba Networks Inc. (ARUN) reported fiscal fourth-quarter earnings after the closing bell yesterday. The company posted a GAAP net loss of $4.5 million, compared to a net loss of $6.8 million. Excluding certain items, loss per share came in at 4 cents, beating the Zacks Consensus Estimate for a 5-cent loss. Aruba provides enterprise mobility solution [...]

San Jose Business Journal: Aruba Networks Inc. said on Monday it has raised another $25 million in funding, bringing its total investment to $84 million. The Sunnyvale wireless networking equipment company said the new round was led by Artis Capital Management LLC, a San Francisco hedge fund. Existing investors who participated [...]