Ciena pullback a buying opportunity, says William Blair William Blair recommends buying shares of Ciena on weakness following yesterday's Q1 results. The firm says the company's investor day in April is the next catalyst and shares are attractively valued at current levels. It reiterates an Outperform rating on Ciena.
Ciena 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.