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MARKET TALK: Itron Stock Jumps After Cisco Partnership Announced

[Dow Jones] Shares of clean-technology company Itron Inc. (ITRI) jump nearly 7% after the maker of advanced utility meters announces agreement with Cisco Systems Inc. (CSCO) to develop a communication platform for smart power grids. Itron will license Cisco's Internet protocol technology and include it in its OpenWay meters to allow wired and wireless communications among components of smart grids. Shares of Itron closed 6.8% higher at $57.65, up 41 cents after-hours; shares of Cisco up 3 cents after closing 1.4% higher at $20.26. ([email protected]) Contact us in New York at 212-416-2800.

Stock News for Itron (ITRI)
01/18/201708:45:00Itron Expands OpenWay Riva™ Ecosystem with Wasion Partnership
01/17/201708:45:00Itron to Improve Water Efficiency and Modernize Distribution...
01/12/201717:13:52Amended Statement of Ownership (sc 13g/a)
01/10/201716:05:00Itron to Announce Fourth Quarter and Full Year 2016 Results on...
01/05/201708:45:00Central Hudson Gas & Electric Corporation Turns to Itron for...
01/04/201717:57:13Statement of Changes in Beneficial Ownership (4)
01/04/201717:55:28Statement of Changes in Beneficial Ownership (4)
01/04/201717:53:13Statement of Changes in Beneficial Ownership (4)
01/04/201717:51:53Statement of Changes in Beneficial Ownership (4)
01/04/201717:50:35Statement of Changes in Beneficial Ownership (4)
01/04/201717:48:52Statement of Changes in Beneficial Ownership (4)
01/04/201717:47:08Statement of Changes in Beneficial Ownership (4)
01/04/201717:46:15Statement of Changes in Beneficial Ownership (4)
01/04/201717:44:31Statement of Changes in Beneficial Ownership (4)
01/04/201717:42:45Statement of Changes in Beneficial Ownership (4)
12/21/201608:45:00Major Brazilian Water Utility Selects Itron to Decrease Non-Revenue...
12/21/201608:45:00Principal concessionária de água brasileira seleciona a Itron p...
12/20/201608:45:00Itron Broadens Electrification in Indonesia with Smart Payment...
12/19/201608:45:00Itron Recognized as a Leader in 2016 Gartner Magic Quadrant for...
12/14/201613:55:08Statement of Changes in Beneficial Ownership (4)

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