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Stock Market & Financial Investment News

News Breaks
March 7, 2013
10:16 EDTJNPR, JDSU, FNSR, INFN, CIENNetworking 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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September 11, 2014
08:10 EDTCIENCiena margins, revenue likely to rebound, says Argus
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06:56 EDTJDSUJDSU to host analyst day
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06:48 EDTJDSUJDSU upgraded at RBC Capital
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06:22 EDTJDSUJDS Uniphase volatility expected to move on separation into two companies
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06:09 EDTJDSUJDSU upgraded to Outperform from Sector Perform at RBC Capital
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05:48 EDTFNSRFinisar sell-off brings attractive entry point, says Piper Jaffray
Piper Jaffray believes Finisar's gross margins and share price have bottomed and that demand from datacom customers will continue to ramp. The firm views the recent pullback in shares as providing an attractive entry point and reiterates an Overweight rating on the stock with a $21 price target after meeting with management.
September 10, 2014
18:33 EDTJDSU, CIENOn The Fly: After Hours Movers
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17:31 EDTFNSR, CIEN, JDSUOptical 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
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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
11:22 EDTCIEN, FNSROptions with decreasing implied volatility
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07:53 EDTJNPRDeutsche Bank to hold a conference
Technology Conference to be held in Las Vegas on September 9-11 with webcasted company presentations to begin on September 10 at 10:30; not all company presentations may be webcasted. Webcast Link
September 9, 2014
12:02 EDTFNSR, CIENOptions with decreasing implied volatility
Options with decreasing implied volatility: KERX CIEN FNSR PAY BKS PVH NAV BYI FTR JOY
September 8, 2014
10:42 EDTCIEN, FNSROptions with decreasing implied volatility
Options with decreasing implied volatility: KERX CONN CIEN INSM FNSR PAY PVH SWY
10:06 EDTINFNOn The Fly: Analyst Upgrade Summary
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09:12 EDTINFNOn The Fly: Pre-market Movers
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05:33 EDTINFNInfinera upgraded to Buy from Hold at Jefferies
Jefferies upgraded Infinera to Buy on expectations the company's pending metro WDM product line will successful. The firm notes the product line will be at the company's September 18 analyst meeting. Jefferies raised its price target for shares to $14 from $10.50.
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