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Stock Market & Financial Investment News

News Breaks
February 14, 2014
07:13 EDTCIEN, ERICCiena announces global agreement with Ericsson
Ciena (CIEN) and Ericsson (ERIC) announced a global agreement that includes packet-optical distribution, converged IP/optical joint development and distribution as well as an SDN collaboration framework.
News For CIEN;ERIC From The Last 14 Days
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January 27, 2015
05:21 EDTERICEricsson sees North American mobile broadband business remaining slow
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05:20 EDTERICEricsson proposes to increase 2014 dividend by 13%
Ericsson said in its earnings release, "We improved cash flow from operating activities in 2014 and generated a full-year cash flow of SEK 18.7 (17.4) b. For the third consecutive year we have exceeded our cash conversion target of more than 70%. This resulted in a solid balance sheet, enabling us to continue to implement our strategy and to deliver consistent returns to our shareholders. The Board of Directors proposes a dividend for 2014 of SEK 3.40 (3.00) per share, an increase of 13%."
05:16 EDTERICEricsson reports Q4 net income SK4.2B vs. SK6.4B last year
Reports Q4 sales SK68B vs. SK67B last year. Reports Q4 operating margin 9.3% vs. 13.5% last year. The company said, "In the quarter, strong sales growth in the Middle East, Europe and Asia was offset by a continued decline in North America."
January 22, 2015
11:32 EDTERICF5 Networks plummets after Q2 outlook trails estimates
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January 19, 2015
11:17 EDTCIENTrans Pacific Express selects Ciena for submarine cable upgrade
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11:16 EDTCIENCiena to further upgrade Japan-U.S. cable network
The Japan-U.S. Cable Network recently selected Ciena to expand its trans-Pacific submarine network that spans close to 22,000 km and provides diverse connectivity from Japan to the U.S. This upgrade will utilize the flexibility and scalability of Ciena’s GeoMesh submarine solution and the latest WaveLogic programmable coherent optical technology to further increase the capacity of the network, which was originally upgraded with Ciena’s coherent solution in 2012.
January 15, 2015
13:07 EDTERICNetworking trends seen as boon for Cisco, others
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07:02 EDTERICTrends positive for data networking names, says Bernstein
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06:17 EDTERICVodafone CTO Steve Pusey to retire, Johan Wibergh appointed as successor
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