New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For CIEN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
September 4, 2015
10:18 EDTCIENOptions with decreasing implied volatility
Options with decreasing implied volatility: MDCO ARIA CIEN HRB
10:07 EDTCIENCiena management to meet with JPMorgan
Meeting to be held in the Mid-Atlantic area on September 10 hosted by JPMorgan.
10:00 EDTCIENOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: BP (BP) downgraded to Underperform from Neutral at BofA/Merrill... Cameron (CAM) downgraded to Equal Weight from Overweight at Barclays... Caterpillar (CAT) downgraded to Neutral from Outperform at Baird... Ciena (CIEN) downgraded to Hold from Buy at Deutsche Bank... Diana Shipping (DSX) downgraded to Sell from Neutral at UBS... EV Energy (EVEP) downgraded to Underperform from Market Perform at Raymond James... First Connecticut (FBNK) downgraded to Market Perform from Outperform at Keefe Bruyette... NetSuite (N) downgraded to Underperform from Market Perform at Raymond James... Sovran Self Storage (SSS) downgraded to Market Perform at Raymond James... UniCredit (UNCFF) downgraded to Neutral from Overweight at JPMorgan... Vince Holding (VNCE) downgraded to Underperform from Neutral at BofA/Merrill.
07:12 EDTCIENCiena downgraded to Hold from Buy at Deutsche Bank
Subscribe for More Information
September 3, 2015
10:46 EDTCIENOptions with decreasing implied volatility
Options with decreasing implied volatility: MDCO QIHU ULTA CIEN BHI HRB GME SAN ACM ALTR
09:09 EDTCIENCiena says 'feels good' about margin progression
Subscribe for More Information
08:51 EDTCIENCiena sees exceeding 10% adjusted operating margin for FY15
Says during Q3, saw a change in the timing of network implementations of certain customers, North American Tier 1 service providers in particular, due to a number of customer-specific factors. Says Q3 revenue was lower than expected, but believes factors are "temporary in nature" and do not represent a fundamental change in market demand or Ciena's overall momentum "in any way." Says was "purely an issue in timing," and sees growing underlying demand. Says "encouraged" by positive customer response to Cyan acquisition, sees Cyan revenue contribution "strong." Sees Cyan accretive to Q4 results. Says now expects to exceed 10% adjusted operating margin for FY15. Comments made on the Q3 earnings conference call.
07:02 EDTCIENCiena sees Q4 revenue $665M-$700M, consensus $662.76M
Subscribe for More Information
07:01 EDTCIENCiena names Francois Locoh-Donou as COO, effective November 1
Subscribe for More Information
07:01 EDTCIENCiena reports Q3 adjusted EPS 37c, consensus 34c
Reports Q3 revenue $602.9M, consensus $629.87M. "We delivered strong financial performance in our fiscal third quarter, including increased profitability and cash generation, demonstrating our ability to deliver on our business model and drive continued operating leverage," said Gary B. Smith, president and CEO of Ciena. "Despite short-term revenue headwinds related to the timing of network implementations at certain large service provider customers, fundamental demand drivers for our business remain strong. In fact, we now expect to exceed 10% adjusted operating margin for the full fiscal year."
September 2, 2015
14:50 EDTCIENNotable companies reporting before tomorrow's open
Subscribe for More Information
August 31, 2015
14:45 EDTCIENCiena volatility elevated into Q3 and outlook
Subscribe for More Information
August 28, 2015
07:17 EDTCIENCoomunication tech stock drop likely a buying opportunity, says Wells Fargo
Subscribe for More Information
August 26, 2015
17:16 EDTCIENEXFO Inc. names Philippe Morin as COO
EXFO Inc. (EXFO) announced that Philippe Morin will be joining the company as COO in early November. Morin, who has more than 25 years of experience in the telecommunications industry, will leave Ciena (CIEN) as Senior Vice-President of Worldwide Sales and Field Operations on October 31. Previously, he was Ciena's Senior Vice-President of the Global Products Group and held a number of leadership roles at Nortel Networks including President of Metro Ethernet Networks, Vice-President and General Manager of Optical Networks, as well as having held positions in sales, marketing and product management in North America and Europe.
10:00 EDTCIENOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:02 EDTCIENCiena says 5430 Packet Optical Platform being deployed by SK Telecom
Subscribe for More Information
06:47 EDTCIENCiena upgraded to Outperform from Market Perform at Raymond James
Subscribe for More Information

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