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Yahoo, networking equipment makers climb on Wall Street

Yahoo skyrockets as it prepares to shift to the Standard & Poor's 500 index, and companies making deals in the networking sector are looked upon favorably by investors.

CNET News staff
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CNET News staff
 
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Yahoo skyrockets as it prepares to shift to the Standard & Poor's 500 index, and companies making deals in the networking sector are looked upon favorably by investors. Plus, enthusiasm for Linux companies shows no sign of waning.

 
Yahoo soars on eve of addition to S&P 500
update Bullishness about the portal's European operations and tomorrow's inclusion to the Standard & Poor's 500 send the shares up 24 percent. Tune in to CNET News.com TV's IPO Forecast

Ciena cashes in on possible Qwest deal
After a nearly 24 percent surge today, stock in high-end network equipment provider Ciena rapidly approaches levels not seen in more than a year.

Juniper jumps on networking equipment deal
update The company's shares rise as it ships new, high-speed networking equipment to help telecommunications carriers and Internet service providers build faster networks.

VA Linux IPO price nearly doubles
VA Linux Systems nearly doubles the price range of the stock it will sell in its initial public offering scheduled for Friday, as demand for Linux stocks has been particularly hot.