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Stock Market & Financial Investment News

News Breaks
March 19, 2013
07:22 EDTOCLR, EMKR, FNSR, NPTN, FN, JDSUNeedham to host company meetings at OFC
Needham Analyst Henderson holds a day of company meetings in conjunction with the Optical Fiber Communications Conference in Anaheim, California on March from 12 pm to 5:30 pm.
News For OCLR;EMKR;FNSR;NPTN;FN;JDSU From The Last 14 Days
Check below for free stories on OCLR;EMKR;FNSR;NPTN;FN;JDSU the last two weeks.
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September 2, 2014
13:04 EDTOCLR, JDSU, FNSRFinisar retreats after analyst cuts on pricing, demand worries
Shares of optical components maker Finisar (FNSR) are falling after research firm Jefferies downgraded the stock to Hold from Buy in a note to investors today, citing pricing and demand concerns. WHAT'S NEW: After conducting checks, Jefferies analyst James Kisner wrote that Finisar is facing "brutal" prices for datacom optics, particularly in China. Prices for telecom components in North America are also challenging for Finisar, he reported. Various low-cost competitors are driving down prices for datacom optics, while AT&T (T) is trying to force optical systems vendors to cut the prices of their components by 40%, Kisner stated. Meanwhile, demand for mobile backhaul optics slowed significantly in China over the last month, and two of Finisar's customers - Cisco (CSCO) and Huawei - are exploring alternatives to Finisar's products, Kisner indicated. Additionally, Intel (INTC) and numerous start-ups may launch products that will compete with those of Finisar, potentially cutting into its market share beginning in the second half of 2015, the analyst warned. He cut his price target on the shares to $19 from $25. PRICE ACTION: In early afternoon trading, Finisar slumped 5.5% to $19. Other optical components makers also dropped, with Oclaro (OCLR) falling 1% to $1.75 and JDS Uniphase (JDSU) losing 2% to $11.30.
11:47 EDTFNSRFinisar shares defended at Raymond James
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10:02 EDTFNSROn The Fly: Analyst Downgrade Summary
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07:57 EDTFNSRFinisar downgraded to Hold from Buy at Jefferies
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05:37 EDTFNSRFinisar downgraded to Hold from Buy at Jefferies
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August 31, 2014
13:35 EDTNPTNRoth Capital to hold a conference
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August 28, 2014
15:22 EDTFNNotable companies reporting after market close
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August 27, 2014
07:43 EDTOCLRJefferies to hold a summit
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August 25, 2014
15:18 EDTFNNotable companies reporting after market close
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06:24 EDTFNSRFinisar September volatility elevated into Q1 and outlook
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August 24, 2014
21:56 EDTJDSUB. Riley to hold a tour
Silicon Valley Tech Tour travels throughout Silicon Valley on August 25-27.

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