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Stock Market & Financial Investment News

News Breaks
December 26, 2012
12:16 EDTJDSU, OPLK, FNSRJDS Uniphase up after analyst predicts better 2013 for optical sector
Optical products maker JDS Uniphase (JDSU) and two of its peers are advancing after Piper Jaffray analyst Troy Jensen forecast that the optical sector's demand trends are likely to improve in 2013. In a note to investors earlier today, Jensen wrote that telecom companies' capital spending is at low levels and some of the largest telecom companies plan to increase their capital expenditures in the future. As a result, optical products makers' sales should be higher than expected in the second half of 2013 as telecom companies expand or upgrade their network infrastructure, the analyst believes. JDS Uniphase should also benefit from market share gains, added Jensen, who increased his price target on the stock to $16 from $12. The analyst reiterated his Overweight rating on the shares. In early afternoon trading, JDS Uniphase climbed 24c, or 1.82%, to $13.40, while Finisar (FNSR) advanced 1.66% to $15.93 and Oplink (OPLK) rose 0.89% to $15.23.
News For JDSU;FNSR;OPLK From The Last 14 Days
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November 20, 2014
06:08 EDTOPLKOplink Communications downgraded to Neutral from Buy at B. Riley
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November 19, 2014
12:46 EDTOPLKOn The Fly: Midday Wrap
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11:10 EDTOPLKOplink Communications downgraded to Neutral from Buy at Sidoti
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08:06 EDTOPLKOplink to be acquired by Koch Industries for $24.25 per share, cash
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07:40 EDTJDSUUBS to hold a conference
Global Technology Conference to be held in Sausalito, California on November 18-20 with webcasted company presentations to begin on November 19 at 10:45 am; not all company presentations may be webcasted.Webcast Link
November 17, 2014
17:26 EDTJDSUJDSU responds to Sandell Asset Management
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November 12, 2014
15:08 EDTJDSUEarnings Preview: Cisco reports amid analyst debate on break-up potential
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November 10, 2014
15:55 EDTJDSUNeedham to hold a conference
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14:47 EDTJDSUJDSU management to meet with Jefferies
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13:35 EDTFNSRCapital Research Global reports 11.9% passive stake in Finisar
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09:21 EDTJDSUActivist Sandell to vote against some JDSU board nominees, Bloomberg says
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08:22 EDTJDSUNetwork equipment makers slip after AT&T projects lower 2015 capital spending
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