Dallas, TX -- (SBWIRE) -- 03/19/2013 -- Marketbuzzreport.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Fortinet Inc(NASDAQ:FTNT) shares decreased 2.38% and closed at $24.19. The company, on Mar. 18, announced that Eurosport, the number one pan-European TV sport network, has deployed the company's FortiGate network security appliances to protect a network of 1,000 employees across 17 countries in Europe, the Middle East and Asia. Eurosport also implemented Fortinet's FortiAP® wireless access points to provide secure Wi-Fi access to its employees. Fortinet products were chosen primarily for their performance, redundancy capabilities and ease of management and deployment.
Get Latest News, Updates on FTNT Here
Cavium Inc(NASDAQ:CAVM) shares declined 2.33% to $38.10. The company, on Feb. 25, announced that Huawei's new AirSharing AM02 wireless media adapter uses Cavium's CNW6611L media SoC to offer superior wireless display and home media streaming capabilities. The launch of the new adapter will coincide with the introduction of Huawei's new Ascend Mate smartphone. Based on standard 802.
Is CAVM a Strong Buying Opportunity After The Recent Slump? Find out Here
Nokia Corporation (ADR) (NYSE:NOK) shares fell 2.33% to $3.35. The company, on Mar. 15, said it has been using conversion right relating to its EUR 750M Convertible Bond unpaid 2017 38 290 shares of Nokia have been subscribed for. According to facts, conversion price is EUR 2.6116 a share. The conversion sum, EUR 100K, is recorded in the fund for provided non-restricted equity and, as a result, the share capital of the firm is not surged.
Is NOK Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
The Goodyear Tire & Rubber Company (NASDAQ:GT) shares dropped 2.33% to $13.41. The company on Feb. 21 said that it has priced its offering of $900 million aggregate principal amount of 8-year senior notes. The offering was increased from a previously announced offering size of $750 million. The notes are senior unsecured obligations of the company. They will be sold at 100% of the principal amount and will bear interest at a rate of 6.5%.
Get latest News, Updates on GT Here
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