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Stock Market & Financial Investment News

News Breaks
March 4, 2014
08:38 EDTFNSRFinisar should be bought on any weakness after earnings, says MKM Partners
MKM Partners remains extremely upbeat on Finisar, although the firm predicts that the company's Q3 results will only be in-line with expectations. The firm recommends "keeping some powder dry" to prepare for any pullback in the stock following the company's Q3 earnings. The firm keeps a $30 price target and Buy rating on the shares.
News For FNSR From The Last 14 Days
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December 11, 2014
10:24 EDTFNSROptions with decreasing implied volatility
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December 10, 2014
10:20 EDTFNSROptions with decreasing implied volatility
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December 9, 2014
14:57 EDTFNSRTelecom equipment stocks rally after Verizon CFO comments on wireless CapEx
Telecom equipment stocks, which opened lower, rallied after Verizon (VZ) CFO Fran Shammo said he sees wireless CapEx continuing to trend upward. Shammo, speaking at the UBS 42nd Annual Global Media And Communications Conference, said, "The day we start to cut wireless CapEx is the day we start to wonder where the future of this industry is going." Ciena (CIEN), JDSU (JDSU), and Finisar (FNSR) all reversed earlier losses. PRICE ACTION: In afternoon trading, Ciena is up 1.5%, JDS Uniphase is up 3.8%, and Finisar is up 4.5%. Verizon, which was downgraded this morning to Neutral from Buy by RW Baird, is trading down almost 5%.
December 8, 2014
10:20 EDTFNSROptions with decreasing implied volatility
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