During 2Q16, $TMK said that it repurchased 1.4MM shares of its common stock at a total cost of $83MM at an average share price of $57.77. For 1H16, the company stated that it repurchased 2.9MM shares at the average share price of $55.46.
$JNPR said its routing business has always depended on large deals
across the telco and cloud verticals and therefore has always been lumpy. Routing
is a flattish type of overall market opportunity for the company and $JNPR
believes it can compete in this environment by taking modest market share with
$JNPR stated that it was pleased with the performance in the Switching
business in 1Q17. A big driver of this performance is in the data center and is
mainly related to the deliberate focus strategy which applies to the large
cloud providers and other verticals. $JNPR believes the Switching business will
be a big growth driver in the long-term.