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Stock Market & Financial Investment News

News Breaks
March 12, 2013
08:06 EDTFNSRFinisar, 3S Photonics partner on new packaging platform for 980nm laser modules
3S Photonics and Finisar Corporation announced their formal agreement to launch a partnership for the development of a new packaging platform for 980nm cooled laser pump modules. Under this agreement, 3S Photonics will be the exclusive supplier of the 980nm laser chips used for this platform, and Finisar will implement a manufacturing line based on this platform in its newly expanded facilities in Wuxi, China. Finisar will use these 980nm pump modules in their industry-leading EDFA and Line Card products for the telecom market. 3S PHOTONICS will use the packaging platform to serve its own customers.
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May 8, 2013
11:44 EDTFNSRFinisar is shipping volume to Arista, says Needham
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09:09 EDTFNSRFinisar not primary source for Arista's 100G Optics, says Jefferies
Jefferies says its channel checks indicate that contrary to recent reports, Avago (AVGO), not Finisar (FNSR), is the current primary source for the board mounted optics used in Arista's new 7500E switch. Further, Jefferies' channel checks indicate steep price erosion at 100G. The firm reiterates an Underperform rating on shares of Finisar with a $7.50 price target.

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