New User:

Forgot your password?

Stock Market & Financial Investment News

News For JDSU From The Last 14 Days
Check below for free stories on JDSU the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 12, 2014
16:44 EDTJDSUMarket ends week lower as investors fret over Fed statement
Subscribe for More Information
07:40 EDTJDSUJDSU price target raised to $17 from $15 at MKM Partners
Subscribe for More Information
September 11, 2014
16:21 EDTJDSUOn The Fly: Closing Wrap
Subscribe for More Information
12:16 EDTJDSUOn The Fly: Midday Wrap
Stocks on Wall Street opened in negative territory and have remained there throughout the morning. Initial jobless claims, reported prior to the open, did little to stoke buying after coming in higher than expected. The market has drifted off its lows of the session but the averages once again remain range bound. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 11K to 315K in the week ended September 6, versus expectations for them to tick down slightly to 300K. The Federal budget for August is scheduled to be reported at 2:00 pm ET, with a deficit of $130.0B forecast. COMPANY NEWS: Shares of yoga-inspired apparel maker lululemon (LULU) rose over 15% after the company reported better than expected second quarter results and increased its fiscal year guidance. Meanwhile, shares of another well-known retailer, RadioShack (RSH), advanced 16% after its own quarterly report, despite acknowledging it will need additional capital to complete its turnaround and that it may need to pursue a bankruptcy filing. MAJOR MOVERS: Among the notable gainers was JDSU (JDSU), which advanced 11% after announcing last night that it plans to separate into two publicly traded companies, namely an optical components and commercial lasers one and another focused on network and service enablement. This morning the stock was upgraded at RBC Capital to Outperform, as the firm believes that the split should enable the entities to streamline their costs and that the shares could reach a $40 value over the long-term. Also higher was Taminco (TAM), which rose nearly 11% and traded above the $26.00 per share price it agreed to in striking a deal to be acquired by Eastman Chemical (EMN). Of note, the deal includes a "go shop" provision under which Taminco may solicit alternative acquisition proposals for a thirty day period. Following the announcement, Eastman shares rose a bit over 1%. Among the noteworthy losers was E2open (EOPN), which plunged 30% and was downgraded at Pacific Crest and Northland after the company pre-announced Q2 results and issued weaker than expected 2015 revenue guidance. Also lower were shares of China's 21Vianet (VNET), which fell 17% after the company hosted a conference call to discuss the recent allegations made by a short seller. INDEXES: Near midday, the Dow was down 40.49, or 0.24%, to 17,028.22, the Nasdaq was down 12.73, or 0.28%, to 4,573.80, and the S&P 500 was down 3.66, or 0.18%, to 1,992.03.
11:29 EDTJDSUOptions with increasing implied volatility
Options with increasing implied volatility: VNET AVNR GPRO RAX FTR JDSU PSEC APD SYY GGP
10:00 EDTJDSUOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:39 EDTJDSUJDSU gaps up, levels to watch
Subscribe for More Information
09:18 EDTJDSUOn The Fly: Pre-market Movers
UP AFTER EARNINGS: lululemon (LULU), up 15%... Sigma Designs (SIGM), up 7%. ALSO HIGHER: JDSU (JDSU), up 13.8% after announcing that it will separate into two publicly traded companies... Wet Seal (WTSL), up 4.5%, upgraded at B. Riley following Q2 earnings results... Gogo (GOGO), up 5% after announcing partnership with T-Mobile (TMUS)... Digital Ally (DGLY), up 8.4% after announcing plans to introduce "bullet camera" option at October police conference. DOWN AFTER EARNINGS: Restoration Hardware (RH), down 5%... Five Below (FIVE), down 5.6%. LOWER: Radio Shack (RSH), down 8% after reporting Q2 losses, stating that it may need to pursue bankruptcy... E2open (EOPN), down 29%, downgraded at Pacific Crest and Northland after the company announced preliminary Q2 earnings results... Twitter (TWTR), down 1% after announcing that it will offer $1.3B in convertible unsecured senior notes... Crocs (CROX), down 2.6% after downgraded at Buckingham... Macy's (M), down 1.3% after downgraded at Sterne Agee.
08:34 EDTJDSUJDSU names Paul McNab as Chief Marketing and Strategy Officer
Subscribe for More Information
06:56 EDTJDSUJDSU to host analyst day
Subscribe for More Information
06:48 EDTJDSUJDSU upgraded at RBC Capital
Subscribe for More Information
06:22 EDTJDSUJDS Uniphase volatility expected to move on separation into two companies
Subscribe for More Information
06:09 EDTJDSUJDSU upgraded to Outperform from Sector Perform at RBC Capital
Subscribe for More Information
September 10, 2014
18:33 EDTJDSUOn The Fly: After Hours Movers
Subscribe for More Information
17:31 EDTJDSUOptical networking stocks up after JDS Uniphase separating into two companies
Shares of Ciena Corporation (CIEN) and Finisar (FNSR) are trading higher in the after hours after JDS Uniphase (JDSU) said it would separate into two companies, one being an optical components company. Shares of Ciena are up 1.55%, or 30c, to $19.70 while Finisar shares are higher by 1.45%, or 25c, to $17.55.
16:52 EDTJDSUJDSU higher by 14% after saying separating into two publicly traded companies
16:17 EDTJDSUJDSU to separate into two publicly traded companies
Subscribe for More Information
16:17 EDTJDSUJDSU backs Q1 EPS 8c-12c, consensus 10c
Backs Q1 revenue $405M-$425M, consensus $416.62M.
16:09 EDTJDSUJDSU to separate into two separate public companies
Disclosed in a regulatory filing.
16:00 EDTJDSUJDSU trading halted, pending news

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use