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Stock Market & Financial Investment News

News Breaks
December 12, 2012
08:20 EDTINFNInfinera DTN platform deployed in Long Island, NY by ESnet
Infinera announced the deployment of 100 Gigabit Ethernet services on the Long Island, NY MAN portion of the U.S. Department of Energy's Energy Sciences Network, or ESnet, with the Infinera DTN Platform.
News For INFN From The Last 14 Days
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October 2, 2015
13:40 EDTINFNInfinera to host an online briefing
Management holds an Online Briefing: Insight Infinera 2015 is being held on October 6 at 12 pm. Webcast Link
September 29, 2015
08:42 EDTINFNInfinera TM-Series selected by Hanoi Telecom
Infinera announced Hanoi Telecom Corporation's selection of the Infinera TM-Series, via its local partner Nissho Electronics Vietnam, for HTC's metro network in Vietnam connecting Ho Chi Minh City and Vung Tau. By deploying the Infinera TM- Series, HTC can deliver multi-service transport services with low power, high density and scalability. This is the first selection of Infinera's TM-Series by an existing Infinera customer post the acquisition of Transmode, which closed on August 20, 2015. The Infinera TM-Series packet- optical platform provides multi-service capabilities including services such as Ethernet/CE2.0, MPLS-TP and OTN aggregation, which are well suited for mobile fronthaul and backhaul, and metro aggregation applications.
September 23, 2015
09:57 EDTINFNInfinera initiated with an Overweight at Stephens
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September 22, 2015
10:36 EDTINFNGoldman upbeat on telecom equipment, lukewarm on IT hardware
The telecom equipment sector has a number of positive catalysts, Goldman Sachs wrote in a note to investors today. The firm has a neutral view on the IT Hardware sector, however, noted the analyst team that took over coverage of the stocks in the space. WHAT'S NEW: Telecom equipment companies should benefit from spending on 100G wide area network upgrades between 2015 and 2017, Goldman analyst Simona Jankowski wrote. Also likely to boost the sector is the expansion of cloud providers' private networks, the analyst stated. The latter trend should produce a new market for the sector, Jankowski believes. Within the sector, she kept Buy ratings on Juniper (JNPR), Arris (ARRS) and Ciena (CIEN). The analyst, who has an Attractive view on the Telecom Equipment sector, has a Sell rating on shares of Infinera (INFN), however. WHAT'S NOTABLE: Jankowski views the IT hardware sector as a mixed bag. The sector's valuations are attractive, and it is generating strong free cash flow and robust capital returns, the analyst believes. However, it is being hurt by the shift to cloud computing and by foreign exchange fluctuations, Jankowski warned. Within the sector, she downgraded NetApp (NTAP) to Sell from Neutral and kept a Sell rating on Motorola Solutions (MSI). PRICE ACTION: In early trading, Jumiper declined 2% to $25.24, Arris gave back 1.8% to $26.40, Ciena dropped 2% to $21.77, Infinera fell 3.8% to $20.27, NetApp tumbled 4.5% to $29.80 and Motorola Solutions lost 1% to $66.30.

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