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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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August 31, 2015
14:45 EDTCIENCiena volatility elevated into Q3 and outlook
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09:07 EDTJDSUB. Riley to hold a tour
Silicon Valley Tech Tour travels throughout the Silicon Valley visiting various local tech companies on August 31-September 3.
August 28, 2015
07:17 EDTJNPR, CIENCoomunication tech stock drop likely a buying opportunity, says Wells Fargo
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August 26, 2015
17:16 EDTCIENEXFO Inc. names Philippe Morin as COO
EXFO Inc. (EXFO) announced that Philippe Morin will be joining the company as COO in early November. Morin, who has more than 25 years of experience in the telecommunications industry, will leave Ciena (CIEN) as Senior Vice-President of Worldwide Sales and Field Operations on October 31. Previously, he was Ciena's Senior Vice-President of the Global Products Group and held a number of leadership roles at Nortel Networks including President of Metro Ethernet Networks, Vice-President and General Manager of Optical Networks, as well as having held positions in sales, marketing and product management in North America and Europe.
10:00 EDTCIENOn The Fly: Analyst Upgrade Summary
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09:02 EDTCIENCiena says 5430 Packet Optical Platform being deployed by SK Telecom
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06:47 EDTCIENCiena upgraded to Outperform from Market Perform at Raymond James
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August 21, 2015
12:13 EDTJNPRBrocade soars after Q3 results top estimates
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August 19, 2015
09:03 EDTCIENCiena chosen by TCR Telecom to support 'Porto Maravilha' project
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August 18, 2015
10:00 EDTINFN, FNSR, CIENOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Abercrombie & Fitch (ANF) initiated with an Underperform at Wolfe Research... Abiomed (ABMD) initiated with a Buy at CRT Capital... Aeropostale (ARO) initiated with a Peer Perform at Wolfe Research... American Eagle (AEO) initiated with an Outperform, Top Pick at Wolfe Research... American Electric (AEP) initiated with a Buy at Mizuho... Benefitfocus (BNFT) initiated with an Overweight at First Analysis... Blue Buffalo Pet Products (BUFF) initiated with an Equal Weight at Morgan Stanley... Capitala Finance (CPTA) initiated with an Equal Weight at Stephens... Chico's (CHS) initiated with a Peer Perform at Wolfe Research... Children's Place (PLCE) initiated with an Outperform at Wolfe Research... Chimerix (CMRX) initiated with an Outperform at FBR Capital... Ciena (CIEN) initiated with a Market Perform at Northland... Crane (CR) initiated with an Outperform at William Blair... Entergy (ETR) initiated with a Neutral at Mizuho... Express (EXPR) initiated with an Outperform, Top Pick at Wolfe Research... Finisar (FNSR) initiated with a Market Perform at Northland... Francesca's (FRAN) initiated with a Peer Perform at Wolfe Research... Gap (GPS) initiated with an Underperform at Wolfe Research... Infinera (INFN) initiated with an Outperform at Northland... International Game (IGT) initiated with a Buy at Union Gaming... Juno Therapeutics (JUNO) initiated with an Outperform at FBR Capital... L Brands (LB) initiated with a Peer Perform at Wolfe Research... Luca Technologies (LUCA) initiated with an Outperform at Northland... Lumentum (LITE) initiated with an Outperform at Northland... M/A-COM (MTSI) reinstated with a Buy at Jefferies... MRV Communications (MRVC) initiated with an Outperform at Northland... Michael Kors (KORS) initiated with a Peer Perform at Wolfe Research... NN, Inc. (NNBR) initiated with a Buy at Stifel... NeoPhotonics (NPTN) initiated with an Outperform at Northland... Oclaro (OCLR) initiated with an Outperform at Northland... Scientific Games (SGMS) initiated with a Buy at Sterne Agee CRT... SolarCity (SCTY) initiated with a Neutral at UBS... Summit Materials (SUM) initiated with a Neutral at Citi... Tech Data (TECD) initiated with an Underperform at BofA/Merrill... Urban Outfitters (URBN) initiated with a Peer Perform at Wolfe Research... Zumiez (ZUMZ) initiated with an Underperform at Wolfe Research... lululemon (LULU) initiated with a Peer Perform at Wolfe Research.
10:00 EDTCIENOn The Fly: Analyst Downgrade Summary
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09:10 EDTCIENCiena downgraded to Market Perform from Outperform at Northland
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09:04 EDTJNPRJuniper selected by Joe Gibbs Racing to speed data center network transformation
Juniper Networks announced that four-car NASCAR team Joe Gibbs Racing selected its next-generation switching and security solutions to rev up the team's aging network infrastructure for better performance on and off the track.
06:15 EDTINFNInfinera initiated with an Outperform at Northland
Northland initiated Infinera with an Outperform and $30 price target on shares.
06:14 EDTFNSRFinisar initiated with a Market Perform at Northland
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06:13 EDTCIENCiena initiated with a Market Perform at Northland
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