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Stock Market & Financial Investment News

News Breaks
March 7, 2013
10:16 EDTINFN, JNPR, FNSR, CIEN, JDSUNetworking equipment makers climb after Ciena reports strong results
A number of networking equipment makers are advancing after one of the companies in the sector, Ciena (CIEN), reported a large gain in its quarterly earnings per share, or EPS, earlier today. Ciena reported first quarter adjusted EPS of 12c, versus a loss of 17c during the same period in 2012. The company's revenue was slightly higher than analysts forecast and Ciena noted that its gross margin exceeded its own expectations. The company added that order flow was solid during the quarter, as more customers moved from the planning stage to deployments. Meanwhile, Ciena provided second quarter revenue guidance that bracketed expectations. In early trading, Juniper (JNPR) climbed 4.5% to $21, Finisar (FNSR) gained 5% to $15.75, Infinera Corp. (INFN) rose 5% to $7, JDS Uniphase (JDSU) advanced 7% to $15 and Ciena rallied 14% to $17.
News For JNPR;JDSU;FNSR;INFN;CIEN From The Last 14 Days
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May 21, 2015
10:12 EDTINFNInfinera weakness a buying opportunity, says MKM Partners
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May 20, 2015
10:00 EDTJDSUOn The Fly: Analyst Initiation Summary
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07:46 EDTJDSUJDSU initiated with an Equal Weight at Morgan Stanley
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May 19, 2015
07:09 EDTINFNInfinera shares have lots of upside potential, says Jefferies
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May 13, 2015
08:36 EDTJDSUJDSU signs definitive agreement with Amada Holdings
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May 12, 2015
11:26 EDTINFNInfinera management to meet with Jefferies
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10:01 EDTINFNOn The Fly: Analyst Initiation Summary
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10:01 EDTJNPROn The Fly: Analyst Upgrade Summary
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07:24 EDTJNPRJuniper upgraded to Buy on new product cycles at BofA/Merrill
As previously reported, BofA/Merrill upgraded Juniper to Buy from Neutral. The firm expects Juniper's new products and sequential growth in North American carrier spending to drive growth in core business lines. BofA/Merrill said Juniper's new products address recent weaknesses in security, switching, and routing and expects growth and operating margins to begin to stabilize. Price target raised to $34 from $27.
06:42 EDTINFNInfinera initiated with a Buy at Deutsche Bank
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06:19 EDTJNPRJuniper upgraded to Buy from Neutral at BofA/Merrill

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