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Juniper Jumps After Blowout Second Quarter

Stock quotes in this article: JNPR , CSCO , NT , LU , VZ , VOD  

Updated from 8 a.m.

Juniper (JNPR Quote) shares jumped 12% Wednesday after the networker won rave reviews for its second-quarter numbers.

The telecom equipment company also boosted third-quarter guidance and set a $250 million stock buyback. But Juniper surprised investors late Tuesday by saying on its conference call that finance chief Marcel Gani would give up his job at the end of the year. Gani will stay with Juniper in a different but otherwise unexplained role, and Juniper didn't name a successor. ...

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