New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 2, 2014
10:17 EDTCIEN, JNPR, ALU, ADTN, FNSR, JDSUAnalyst sees increased risk for AT&T vendors Ciena, Juniper
AT&T (T) appears to have significantly reduced its spending on its wireline business, creating risk for a number of equipment vendors, research firm Jefferies stated. WHAT'S NEW: AT&T looks to have cut its spending on its wireline business significantly beginning last month, Jefferies analyst George Notter wrote in a note to investors earlier today. As a result, companies that have the most exposure to AT&T's wireline business now face increased risk, the analyst warned. Companies in this category are Ciena (CIEN), Juniper (JNPR), ADTRAN (ADTN), Finisar (FNSR), JDS Uniphase (JDSU), and Alcatel-Lucent (ALU), Notter stated. He kept Hold ratings on Ciena, Juniper, and JDS Uniphase, kept Underperform ratings on ADTRAN and Alcatel-Lucent, and maintained a Buy rating on Finisar. WHAT'S NOTABLE: JDS Uniphase and ADTRAN both recently announced new share repurchasing plans. Ciena is expected to announce its second quarter results on June 5. PRICE ACTION: In early trading, Ciena fell 2.4% to $18.93, Juniper lost 0.5% to $24.35, JDS Uniphade slid 2% to $10.75, ADTRAN declined 2% to $22, Alcatel-Lucent slid 2.7% to $3.90, and Finisar was fractionally higher at $23.81.
News For CIEN;JNPR;ALU;ADTN;FNSR;JDSU From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 1, 2014
10:04 EDTJDSUSandell estimates potential value of JDSU at $19-$26 per share
Subscribe for More Information
September 30, 2014
05:29 EDTALUAccenture, Alcatel-Lucent announce strategic alliance
Subscribe for More Information
September 29, 2014
11:42 EDTALUAlcatel-Lucent, JCDecaux announce partnership
JCDecaux Alcatel-Lucent announce that they are joining forces in the development of connected street furniture. While the JCDecaux and Alcatel-Lucent teams have for years worked independently on connectivity, Alcatel-Lucent's tests have demonstrated the relevance of combining its small cells with the street furniture developed by JCDecaux to improve connectivity in the city. The teams are now working together to optimise the aesthetic integration of small cells in street furniture in order to provide cities and telecom operators with a global solution that is in tune with the urban environment.
09:08 EDTALUIkanos announces Tallwood, Alcatel-Lucent purchase $16.25M of common stock
Subscribe for More Information
September 23, 2014
09:28 EDTJNPRJuniper views raised to Positive from Neutral at OTR Global
September 22, 2014
07:14 EDTALUGSM Association to hold a conference
Subscribe for More Information
September 19, 2014
07:23 EDTJNPRFCC to hold a roundtable
Open Internet Roundtable: Technological Aspects will consider the technical aspects of ensuring an Open Internet, including questions of scope, transparency, blocking, mobile networks, and reasonable network management and is being held at FCC Washington, D.C. offices on September 19 at 1:30 pm. Webcast Link
September 18, 2014
11:56 EDTFNSRFinisar management to meet with Barrington
Meetings to be held in Portland, OR on September 23 and in Seattle on September 24 hosted by Barrington.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use