Cisco Systems Inc. (NASDAQ:CSCO) plans to expand its third-largest site by adding 550 jobs at its Research Triangle Park hub before 2018. Cisco plans to hire finance, operations and advanced network services workers at an average salary of nearly $73,000 a year plus benefits. The average wage in Wake County is $49,410 a year. Cisco Systems, Inc. (NASDAQ:CSCO) net profit margin is 16.70% and weekly performance is 0.85%. On last trading day company shares ended up $24.83. Analysts mean target price for the company is $25.43. Cisco Systems, Inc. (NASDAQ:CSCO) distance from 50-day simple moving average (SMA50) is 6.15%.
Juniper Networks Inc. (NYSE:JNPR), the industry leader in network innovation, and Aruba Networks (NASDAQ: ARUN), the leading provider of next-generation network access solutions for the mobile enterprise, on 4 June announced they have signed a strategic agreement to deliver open, converged wired and wireless network solutions based on best-of-breed technologies. Juniper Networks, Inc. (NYSE:JNPR) shares advanced 0.36% in last trading session and ended the day on $24.89. JNPR gross Margin is 62.60% and its return on assets is 4.60%.Juniper Networks, Inc. (NYSE:JNPR) quarterly performance is -5.22%.
Finisar (NASDAQ:FNSR) VP Todd Swanson unloaded 4,946 shares of the stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $23.20, for a total transaction of $114,747.20. Following the completion of the transaction, the vice president now directly owns 123,486 shares of the company’s stock, valued at approximately $2,864,875. Finisar Corporation (NASDAQ:FNSR) shares moved down -0.64% in last trading session and was closed at $24.69, while trading in range of $24.67 – $25.15. Finisar Corporation (NASDAQ:FNSR) year to date (YTD) performance is 3.22%.
Equities research analysts at JMP Securities raised their target price on shares of Palo Alto Networks Inc. (NASDAQ:PANW) from $80.00 to $90.00 in a research note issued to investors on Thursday. The firm currently has a “market outperform” rating on the stock. JMP Securities’ price objective would suggest a potential upside of 20.14% from the company’s current price. Palo Alto Networks Inc. (NYSE:PANW) ended the last trading day at $77.98. Company weekly volatility is calculated as 4.10% and price to cash ratio as 16.33.Palo Alto Networks Inc. (NYSE:PANW) showed a positive weekly performance of 4.10%.
Digi International Inc. (NASDAQ:DGII) announced on 2 may, Total revenue was $45.9 million for the second quarter of fiscal 2014 compared to $48.2 million for the second quarter of fiscal 2013, a decrease of $2.3 million or 4.8%. Digi International Inc. (NASDAQ:DGII) net profit margin is 2.50% and weekly performance is 4.27%. On last trading day company shares ended up $9.27. Analysts mean target price for the company is $10.75. Digi International Inc. (NASDAQ:DGII) distance from 50-day simple moving average (SMA50) is 0.43%.