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The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering investment ideas and sparking discussion among investors. Hanesbrands, BAE Systems, Westaim Corporation, Sun Communities, Nokia, Juniper Networks, and NN, Inc. are recommended as buys, each with unique catalysts and turnaround stories. Fairfax Financial is seen as undervalued with high-growth potential, while Avino Silver & Gold Mines and BrightSpire Capital are rated hold due to uncertainties.
Former United States Assistant Attorney General Bill Baer joins Catalysts to discuss the Department of Justice's lawsuit aimed at blocking the proposed $14 billion Hewlett Packard Enterprises (HPE) deal to acquire Juniper Networks (JNPR). "This is pretty much mainstream antitrust merger enforcement," Baer explains.
Juniper and HPE are optimistic about securing a positive outcome in court against the lawsuit filed by the U.S. Department of Justice.
JNPR's fourth-quarter 2024 results are expected to report top-line growth year over year, driven by healthy demand across several sectors.
The US Justice Department has moved to block Hewlett Packard Enterprise Co's (NYSE:HPE, ETR:2HP) $14 billion takeover of Juniper Networks. The challenge is unexpected under a new Trump administration that was expected to take a softer stance on mergers.
The DOJ contends the merged company would result in two companies — Cisco and HPE — controlling more than 70% of the U.S. wireless networking market.
HOUSTON & SUNNYVALE, Calif.--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE:HPE) and Juniper Networks, Inc. (NYSE:JNPR) today responded to the filing of a complaint by the U.S. Department of Justice seeking to prohibit closing of HPE's proposed acquisition of Juniper: “We believe the Department of Justice's analysis of this acquisition is fundamentally flawed and we are disappointed in its decision to file a suit attempting to prohibit the closing of the transaction. We will vigorously defen.
The Justice Department files a complaint in California federal court that seeks to block the merger on antitrust grounds.
The Department of Justice has sued to block Hewlett Packard Enterprise's $14 billion deal to acquire Juniper Networks , according to a complaint filed on Thursday in a federal court in California.
BAAR, Switzerland--(BUSINESS WIRE)-- #AI--GMS earned the Gold Winner distinction at the Juniper Research Telco Innovation Award in the Flash Call Authentication Solution Innovation category.