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Stock Market & Financial Investment News

News Breaks
February 25, 2013
09:42 EDTCAVM, AMS, CIEN, SQNS, MSPD, ERICJefferies to host events at Mobile World Congress 2013
Events at Mobile World Congress 2013 to be held in Barcelona, Spain on February 25-27.
News For ERIC;SQNS;AMS;MSPD;CIEN;CAVM From The Last 14 Days
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September 4, 2015
07:12 EDTCIENCiena downgraded to Hold from Buy at Deutsche Bank
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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
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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
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07:01 EDTCIENCiena names Francois Locoh-Donou as COO, effective November 1
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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
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September 1, 2015
07:55 EDTERICSeveral telecom equipment stocks attractive after pullback, says Bernstein
Bernstein says that Ericsson (ERIC), Nokia (NOK), and Alcatel-Lucent (ALU) have fallen about 10% recently, even though all three have "limited exposure" to China, according to the firm. The firm adds that all three are defensive in relation to macro economic growth. It keeps Outperform ratings on all three names.
August 31, 2015
14:45 EDTCIENCiena volatility elevated into Q3 and outlook
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11:03 EDTERICEricsson signs OSSii license agreements with Cisco and Tektronix
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August 28, 2015
07:17 EDTCIENCoomunication tech stock drop likely a buying opportunity, says Wells Fargo
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August 27, 2015
05:37 EDTERICEricsson renews playout services contract with ITV
Ericsson announced that it has renewed its playout services contract with ITV, the UK's leading commercial television network. The contract, which has been extended until 2024, will see Ericsson continue to provide playout services for ITV's portfolio of channels including ITV, ITV2, ITV3, ITV4, ITV HD and CITV and their associated regional variants as well as ITV's newest TV channels, ITV Encore and ITVBe. As part of the contract, Ericsson has designed, built and integrated a state-of-the-art scalable simulcast platform for ITV. The modular infrastructure will allow ITV the flexibility to deliver new services and launch existing services onto new platforms, easily and with a high level of resilience.
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
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09:02 EDTCIENCiena says 5430 Packet Optical Platform being deployed by SK Telecom
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06:47 EDTCIENCiena upgraded to Outperform from Market Perform at Raymond James
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